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...ratings spiked to 12% of all opinions after the settlement, a sign that analysts were showing some backbone. But that figure slipped to 9% last year, reports research firm StarMine. "There are still far too many buy ratings, and analysts' [earnings] estimates are increasingly clinging around company guidance," Morgan Stanley strategists Henry McVey and David McNellis wrote in a recent report...

Author: /time Magazine | Title: Global Investing: Who Do You Trust? | 4/16/2006 | See Source »

...seniors who attend the most senior bars. “Attending” simply means getting a card stamped, thus ensuring that loads of window shoppers can “pop in,” get a stamp, then frame the certificate next year in a Morgan Stanley office. Ideally, there would be a breathalyzer at the door—if you blow below a .15, no stamp for you, chief! Better yet, you would have to increase your blood alcohol content at each consecutive Senior Bar—then we’d really see who?...

Author: By Christopher J. Catizone and Chris Schonberger, CONTRIBUTING WRITERSS | Title: BELL LAP: Reflections on Seniority | 4/12/2006 | See Source »

...stock-market party may end sooner rather than later. Higher rates flow through the global economy in a myriad of ways by curtailing borrowing and curbing business activity. Higher borrowing costs hurt corporate earnings, which is ultimately reflected by lower stock prices. Andy Xie, chief Asia economist at Morgan Stanley, says the world's equity markets have been surfing on a "tide of liquidity" for the past five years?meaning investors have been awash in cash, thanks to the easy-money policies of the world's central banks. With interest rates low, no fund manager worth his bonus wanted...

Author: /time Magazine | Title: Pumped about stocks | 4/10/2006 | See Source »

...help Harvard, and rich parents would also have a greater incentive to donate to Harvard. More importantly, an implicit honor covenant would be established with every graduating class. If you received a free education, wouldn’t you feel like helping out once you get that Morgan Stanley job thanks to your Harvard diploma? The surge in alumni, parent, and graduate giving would offset a large portion of the program’s long-term cost, and this virtuous cycle could even fund free graduate education. Delta Airlines’ new slogan would be believable: “good...

Author: By Pierpaolo Barbieri | Title: Make it Better, Make it Free | 4/7/2006 | See Source »

...answer is, very. The business of the film is to explain why this amiable hunk is being circled by spooky Mr. Goodkat (a tight-lipped Bruce Willis), a wise-guy cop (Stanley Tucci) and two crime lords (Ben Kingsley and Morgan Freeman). To call the film's plot labyrinthine is to understate the case. To say it works out with complete plausibility is to overstate it. Still, the story never runs completely off the rails and is, in any event, just a pretext for a lot of very sharp badinage by Jason Smilovic--a screenwriter who would have been...

Author: /time Magazine | Title: Movies: Of Banter and Bullets | 4/2/2006 | See Source »

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