Word: morgans
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Dates: during 2000-2009
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...Myers Squibb are entering a period of declining revenue growth as patents on their major drugs expire, Novartis is poised for several years of steady double-digit expansion. This year its shares in the U.S. are up about 10%--the best performance among major drug companies--even as the Morgan Stanley Capital USA Health Care Index, a basket of big drug stocks, has fallen about 25%. Novartis is the 17th most valuable company in the world, up from 27th last year...
That expansion was partly in preparation for the launch of a potential blockbuster drug called Zelnorm, aimed at irritable bowel syndrome, for which there are few treatments. But the FDA, expressing concern about Zelnorm's side effects, rejected the application, asking for more data. In the short term, says Morgan Stanley analyst Duncan Moore, Novartis' prospects for robust growth depend heavily on the FDA's reversing its ruling on Zelnorm and approving an anti-inflammatory drug named Prexige, which Novartis plans to submit to the agency toward the end of this year...
...their fancy bicycles. Economist Emmanuel Farhi says his bike is “very powerful,” and physicist Gerald Gabrielse notes that his is made of titanium. Still others, such as economist Matthew Nunn, mathematician Bret J. Benesh, English professor Elizabeth D. Lyman, and political scientists Glyn Morgan and Cindy Skach said they used Zipcars when they needed mechanized transport. “Nearly everyone I know uses them,” Morgan says of his Cambridge neighbors. The Zipcar service allows people to rent cars quickly for an hourly rate...
...what drove me to be on the owner’s side.” Money talks, as the class of 1967 discovered (see sidebar), and for most careers, whoever controls the money controls the project to be accomplished. Chen connects the contract he just signed last week for Morgan Stanley’s real estate division with no feeling of duty but to his eventual dream to make buildings. “I see my two years at Morgan Stanley as a training ground for me to understand all the financial aspects of real estate...
...Throw in the fact that disappointed investors will likely migrate to those funds that did well during the recent bout of volatility and you have a shakeout scenario. Huw Van Steenis, an asset-management analyst with Morgan Stanley, told a forum of European hedge-fund managers in October that a "super-league" of funds is slowly taking control of the industry. In 2006, 67% of all assets under management were controlled by this élite group of the top 100 funds, compared with 49% in 2003. "We think there's going to be a Darwinian process, a sorting...