Post Profile

Doug Kass Goes Long Morgan Stanley And Bank Of America (MS, BAC)

Legendary investor Doug Kass just tweeted that he is buying Morgan Stanley and Bank of America in the wake of earnings beats by both investment banks this morning. This is particularly notable in light of controversy this morning over both banks' treatment of debt valuation adjustments in their earnings reports. I am adding to MS and BAC longs now. $BAC $MS — Douglas Kass (@DougKass) April 19, 2012 Please follow Clusterstock on Twitter and Facebook.
read more


Related Posts

Morgan Stanley’s profit climbs

Business & Finance : Business Report

Morgan Stanley says that second-quarter earnings beat analysts' expectations, fuelled by gains in its investment bank. ||| New York - Morgan Stanley says that second-quarter earnings beat analysts' expectations, fuelled by gains in ...

Morgan Stanley Beats Earnings Expectations By A Hair

Business & Finance : Business Insider: Clusterstock

Morgan Stanley reported earnings this morning, and the bank just beat analyst estimates with net revenue coming in at $8.61 and earnings per share hitting $0.60. Analysts estimated that the bank's revenue would come in at $8.19 bill...

Morgan Stanley Earnings And Revenue Beats Expectations (MS)

Business & Finance : Business Insider: Clusterstock

Investment bank Morgan Stanley had a nice beat for its first quarter earnings results. The bank reported adjusted EPS of 68 cents versus analysts estimates of 60 cents. Revenue came in at $8.80 versus analyst estimates of $8.572 bil...

BofA-Merrill Analysts Slash Estimates On Investment Banks

Business & Finance : Deal Journal -

Let the worries over second-quarter bank earnings begin. Bank of America Merrill Lynch analysts this morning have slashed earnings estimates on J.P. Morgan, Goldman Sachs, Morgan Stanley and Citigroup, warning about weak investment ...

DOUG KASS: "Bank Of America Got Fleeced By Buffett"

Business & Finance : Business Insider: Money Game

Warren Buffett is making a 10.5% annual return on his Bank of America investment once you account for the value of his stock options, investment manager Doug Kass says. This, Kass adds, is the equivalent of Bank of America having so...


Copyright © 2016 Regator, LLC