Morgan Stanley
News and interviews on Morgan Stanley including trends, features, blogs and community conversations from an Australian business perspective.
Tech troubles: HP cuts 27,000 jobs while Facebook to be sued over IPOThursday, 24 May 2012
Technology giant HP will cut 27,000 jobs as part of a restructuring program that is likely to affect Australia while Facebook, its underwriters and the Nasdaq are all facing legal action resulting from the social network’s initial public offering last week. ...
Over-hyped and over-priced – Behind Facebook's flop: Bartholomeusz
Wednesday, 23 May 2012
The Facebook float flop has triggered a wave of post-mortems around the globe as analysts try to understand what went wrong. The answer is actually pretty straightforward: the float was over-hyped and over-priced. ...
Facebook has a business model, but to what extent does it work? Kohler
Monday, 21 May 2012
There was plenty of commentary over the weekend that the Facebook IPO was a big flop because the underwriters had to support the price, but that says more about the modern game of investment banking, where investor clients are usually given quick profits in ...
Can Rupert Murdoch’s punt on The Daily really beat the cut-price content makers? Kohler
Monday, 07 February 2011
The other big media event in the United States last week, apart from Rupert Murdoch's launch of the iPad-only publication The Daily, was the IPO of Demand Media. ...
Gina Rinehart shocks market again with stake in Fairfax Media
Wednesday, 08 December 2010
Australia's richest woman, iron ore billionaire Gina Rinehart, has once again shocked the business world by reportedly spending about $50 million to buy a 2% stake in Fairfax Media. ...
How the next asset bubbles could be getting started: Maley
Friday, 29 October 2010
With the US central bank poised to embark on another round of money-printing, there are growing fears about the tsunami of hot money that’s about to flood into emerging markets, fuelling massive asset price bubbles. ...
Apple launches new app store for Macs, takes a lesson from iPad in new OSX version
Thursday, 21 October 2010
Apple has announced updates to its range of MacBook laptops and the OSX software, along with a new sweetener for developers – a new App Store for Mac devices. ...
THE BIG PICTURE: How US stimulus and the Australian dollar are connected
Monday, 18 October 2010
There is no doubt that there is only one game in town – one 'hot button' issue, if you like – and that's quantitative easing. In essence the term refers to the printing of more money; but as you would expect economists 'pooh-pooh' that kind of simplification ...
Banks can withstand 40% drop in house prices, preliminary Fitch stress tests reveal
Thursday, 14 October 2010
Australian banks can withstand a 40% drop in house prices and mortgage delinquencies reaching as high as 8%, according to preliminary results from a stress test undertaken by Fitch Ratings. ...
What will happen to China’s property bubble? Maley
Friday, 10 September 2010
Worries that Beijing could be about to launch a new crackdown on property market speculation have battered Chinese sharemarkets in recent days, with Chinese banks and property developers bearing the brunt of the pain. ...
No decision on DFO’s future, General Motors files for IPO: Economy Roundup
Thursday, 19 August 2010
Discussions between DFO owner and Austexx are ongoing, with still no final decision made regarding the shopping chain's future. ...
Housing shortage will hurt affordability for the next decade, experts claim
Thursday, 19 August 2010
Housing affordability will spiral out of control in the next decade if state and federal governments do not fix the lack of supply – an issue which could possibly impact economic growth and spark widespread social distress, housing experts warn. ...
A pox on all our houses?
Wednesday, 18 August 2010
We've got two very interesting pieces on the Australian residential housing market today. ...
Morgan Stanley economist Gerard Minack compares mortgage borrowers to Ponzi scheme investors
Wednesday, 18 August 2010
Morgan Stanley chief economist Gerard Minack has compared mortgage borrowers to Ponzi scheme investors, claiming they have been duped into taking on huge amounts of debt in the belief housing prices will always rise. ...
Gerard Minack
Wednesday, 11 August 2010
Gerard Minack is chief economist at Morgan Stanley Australia and is known as one of the big "bears" of Australian economics, thanks to his decidedly glass-half-empty take on global economy and particularly the Australian housing market. ...
The world view
Monday, 02 August 2010
The big economic story of the last three years has been Australia's incredible performance relative to the rest of the world. ...
Research in Motion hopes to challenge iPhone 4 with new BlackBerry
Friday, 30 July 2010
While Apple may be satisfied with the hundreds of fans who lined up last night to get their hands on the new iPhone 4, rival Research in Motion is believed to be preparing to release a device that could challenge its dominance in the smartphone sector. ...
Wesfarmers announces Coles sales up 4.3%: Economy Roundup
Monday, 26 July 2010
Retail giant Wesfarmers has recorded better-than-expected annual sales growth at its Coles supermarket chain, with sales up 4.3% to $29.7 billion compared to the previous financial year. ...
Telstra scraps over 300 management jobs, but could a share buyback be on the cards?
Thursday, 22 July 2010
Telco giant Telstra will shed over 300 management jobs in the coming weeks as part of a move to simplify the company's internal structure and reduce red tape. ...
THE BIG PICTURE: The herd mentality taking over markets
Monday, 19 July 2010
One issue that is starting to receive more attention is the correlation between individual stocks, sectors and sharemarkets. The Wall Street Journal ran an article entitled "The Herd Instinct Takes Over" citing research showing that stocks are trading in lock-step ...
