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Morgan Stanley: The Bank Big Traders Are Betting On


The company's latest report and conference call were bullish from many standpoints, and encouraged option traders to step into long positions in the stock. Morgan Stanley finally looks to be done cleaning house, and can now focus on running its business as normal.

David Tepper: US is on the Verge of an Explosion of Greatness

David Tepper Interview Still

David Tepper, founder of Appaloosa Management, told Bloomberg Television's Stephanie Ruhle on 'Market Makers Tuesday that he's 'going to come out of the closet right now…we are bullish… This country is on the version of just an explosion of greatness. Do you like that ? Explosion of greatness'.

Egan-Jones and Founder Agree to 18-Month Bars from Rating Asset-Backed and Government Securities Issuers as NRSRO

SEC Logo

The Securities and Exchange Commission has announced that Egan-Jones Ratings Company (EJR) and its president Sean Egan have agreed to settle charges that they made willful and material misstatements and omissions when registering with the SEC to become a Nationally Recognized Statistical Rating Organization (NRSRO) for asset-backed securities and government securities.



Barclays Sign

Barclays names new auditor

Barclays named KPMG its new auditor, ending a 119-year relationship with PricewaterhouseCoopers amid a British regulatory investigation into the reporting of the bank’s accounts.