SEOUL, Nov. 12 (Korea Bizwire) — Morgan Stanley has sharply revised upward its outlook for South Korea’s two largest chipmakers, saying the global memory semiconductor rally is being powered by surging demand from artificial intelligence (AI) data centers and cloud providers. In a report titled “Memory: The Ultimate Pricing Power,” released Tuesday, the U.S. investment bank [...]
SEOUL, Sept. 23 (Korea Bizwire) – A single report from global investment bank Morgan Stanley has sent shockwaves through the South Korean stock market, underscoring the outsized influence of foreign financial institutions on the country’s equities. On September 20, shares of SK Hynix, the world’s second-largest memory chip maker, closed at 157,100 won after plummeting as [...]
TEL AVIV, Israel, Aug. 26 (Korea Bizwire) — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced that Richard Francis, Teva’s President and CEO, will present at the Morgan Stanley 22nd Annual Global Healthcare Conference on Wednesday, September 4, 2024. The presentation will begin at 11:30 A.M. Eastern Time. To access a live webcast of [...]
SEOUL, Nov. 23 (Korea Bizwire) — South Korea’s bourse operator has launched a probe into two foreign brokerages on suspicions that they might have improperly affected stock prices through massive trading ahead of a global index rebalancing last year, market sources said Wednesday. The Korea Exchange (KRX) is looking into whether those firms — Morgan [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s financial watchdog has launched an inspection into Morgan Stanley as part of efforts to intensify monitoring of stock short selling that has been blamed for excessive market swings, industry sources said Monday. The inspection came about two weeks after Lee Bok-hyun, the head of the Financial Supervisory [...]
VICTOR, N.Y., Nov. 17 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer, will present virtually at the 2020 Morgan Stanley Conference on Wednesday, December 2, 2020. The presentation is scheduled to begin at 1:00 p.m. ET and is expected to [...]
PHOENIX, Sept. 3 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), a North American leader in turnkey modular space and portable storage solutions, today announced that Brad Soultz, Chief Executive Officer, and Tim Boswell, Chief Financial Officer, will host virtual meetings with investors during Morgan Stanley’s [...]
SAN JOSE, Calif., Feb. 26 (Korea Bizwire) – cPacket Networks, a leading provider of network-aware application and security assurance solutions, announced it has completed a $15 million round of funding by Morgan Stanley Expansion Capital. The investment will be used to accelerate cPacket’s focus on product innovation and deployment of its broad range of high-performance network [...]
VICTOR, N.Y., Nov. 5 (Korea Bizwire) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that David Klein, chief financial officer, and Jim Sabia, chief marketing officer, will present at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, November 13, at the Crowne Plaza Times Square, New [...]
DENVER, Jun. 4 (Korea Bizwire) — Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas today announced that management will participate in the Morgan Stanley Leveraged Finance Conference in New Orleans. Eric P. McCrady, Chief Executive [...]