RSS Feed     Twitter     Facebook

Posts Tagged ‘morgan’

Tyler Perry Replaces Morgan Freeman As Alex Cross

Just when you thought Tyler Perry’s screen talents were limited to penning tragic tales of “The Black Experience” and packin’ heat as pistol-totin’ granny Madea, the actor/director/philanthropist goes and gets himself cast as the new Alex Cross! The man behind urban cinema hits like Why Did I Get Married? and Madea’s Family Reunion is stepping [...]

Ratings Plummet For Piers Morgan CNN Series

An extensive advertising campaign, including a billboard in New York’s Times Square, and a bizarre grudge against Pop Queen Madonna, hasn’t materialized into ratings success for journalist-turned-reality star-turned-primetime entertainment host Piers Morgan. The British export replaced showbiz veteran Larry King as the face of CNN primetime earlier this month. Interestingly enough, King routinely drew 674,000 [...]

TNT “Sorry” For Tracy Morgan Sarah Palin Remarks: “Good Masturbation Material”

Comedian Tracy Morgan set off a Twitter frenzy online overnight after he dropped by TNT’s Inside the NBA and made some rather — er — colorful remarks about former Alaska Governor Sarah Palin. We’re not sure what’s more hilarious: The notion that Sexy Sarah might actually be “good masturbation material” or the look on Ernie [...]

Golden Agri down on J.P. Morgan report

Shares of palm oil firm Golden Agri-Resources (GAGR.SI) fell as much as 2.6% on Thursday after J.P. Morgan said the stock looks fully valued for now and there was limited upside to crude palm oil prices.

At 10:35 a.m., Golden Agri shares were down 1.3% at $0.75 on a volume of 167 million shares. The stock rose 57% last year.

Read more…

JP Morgan raises DBS target to $24 from $18

JP Morgan raised its target price for DBS Group (DBSM.SI) to $24 from $18 and kept its overweight rating.

JP Morgan said it expects the bank’s low return on equity to reverse over the next three years and rise to 14% in 2013, from 9% in 2009.

Read more…

Singapore property developers could fall 10% N/T – Morgan Stanley

Singapore property developer stocks with a residential focus could fall about 10% near-term if past reactions to property curbs are anything to go by, says Morgan Stanley. 

“What is different, however, is that we think a recovery is less likely this time round-as we think physical prices will also come under pressure.” 

Read more…

Morgan Stanley starts Amtek Engineering at overweight

Morgan Stanley initiates Amtek Engineering (M1P.SG) at Overweight with a $1.46 target; it says since delisting in 2007, Amtek has repositioned itself under new management as a specialist in the manufacture of complex metal precision components, broadening its product line-up, clientele and end-market applications. 

Read more…

Chip Shot: Morgan Stanley Offers Intel Atom Tablet Perspective

Morgan Stanley has examined ~10 Atom-based Tablets that are currently at our CES booth. Their views: battery life for our forthcoming Atom processor for netbooks and tablets code-named ‘Oak Trail’ “appeared to be in the 7-10 hour range, with support for Windows 7 and Microsoft Office. “We expect the availability of Atom-based Tablets to help reverse negative sentiment. We have issued a positive trading call for INTC.” We’re also seeing another positive take from Marek Fuchs appearing here on TheStreet.com. Are Morgan Stanley and Fuchs looking beyond the so-called conventional wisdom? Come check out a bunch of tablets and netbooks at the CES booth if you’re here in Las Vegas.

Oprah Piers Morgan First Guest! [Madonna's Still Banned]

Piers Morgan’s first guest – Oprah!! On Thursday, Piers Morgan revealed that the first guest that will sit down for a series of dish on his new CNN show, Piers Morgan Tonight, will be OWN boss Oprah Winfrey. “I genuinely think she’s the perfect guest for the show because she’s not only the biggest celebrity [...]

Services to drive Singapore GDP in 1H – J.P. Morgan

Singapore’s economy is likely to remain strong in 1H11, driven by the services sector, says J.P. Morgan economist Matt Hildebrandt in a note.

“Looking ahead to 2011, we expect growth to be strongest in 1H and we expect growth drivers to rotate to services from manufacturing relative to 2010. Moreover, the economy overall should cool and we look for 5% growth in 2011.” 

Read more…

Tracy Morgan Kidney Transplant

Tracy Morgan is celebrating the holiday season with a new kidney. Not as great as an iPad, but still quite a big delivery! (We kid. We kid.) The SNL alum is recovering after undergoing a kidney transplant on Dec. 10, Entertainment Weekly reported Monday. “Tracy is doing well and taking some much needed time to [...]

Twitter hoax kills very-much alive Morgan Freeman

morgan freemanThough Morgan Freeman is alive and well, fans of the actor were sent into a panic when a rumour rocketed across the Internet on Thursday that CNN had reported his death. The star died on Thursday — not in real life, but according to a Twitter hoax that duped countless users, reports the New York [...]

Morgan Freeman Dead? Morgan Freeman Death Hoax Rocks Twitter

It started with one random Tweet, now Twitter user @OriginalCJizzle has issued a public apology after he sent Tweeters into a tizzy with a comment that prompted thousands of members of the microblogging hub to believe that actor Oscar-winning actor Morgan Freeman was dead. The Glory star died Thursday — not in real life — [...]

Morgan Stanley gets regulatory approvals for CICC stake sale

Morgan Stanley, the sixth-largest U.S. bank by assets, said it has received all required regulatory approvals for the sale of its 34.3% holding in China International Capital Corp., clearing the way for the stake’s sale to four investors.

Morgan Stanley expects to realize a pretax gain of about US$700 million (920.7 million) upon consummation of the transaction, which is expected to close before the end of 2010, the New York-based bank said today in a statement. Morgan Stanley is selling the stake to Kohlberg Kravis Roberts & Co., TPG Capital, Great Eastern Holdings and a Singaporean sovereign wealth fund.

Read more…

Morgan Stanley gets OK for CICC stake sale

Morgan Stanley (MS.N) received approval to sell its 34.3% stake in China International Capital Corp (CICC), China’s top investment bank, to TPG Capital, KKR, Government of Singapore Investment Corporation and The Great Eastern Life Assurance Company Limited.
 
Morgan Stanley expects to realize a pre-tax gain of approximately US$700 million ($920.7 million) upon consummation of the transaction, which is expected to close before the end of 2010.

Read more…

Morgan Stanley ups CPO price view; Golden Agri still top pick

Morgan Stanley says market “now accepts that the 2H10 CPO production recovery will be weak, but may underestimate the persistent weakness in 1H11, which in our view will be followed by a supply rebound in 2H11.”

Read more…

Wilmar target cut by Morgan Stanley; Tips 1Q11 next catalyst

Morgan Stanley cuts Wilmar International (F34.SG) target price to $6.80 from $7.45, keeps Overweight; but says next catalyst is 1Q11.

Notes industry midstream margins have held up well despite rising feedstock costs, outlook for CPO refining looks solid, outlook for Chinese soybean crushing margins worse than before, but does not expect collapse.

Read more…

GIC, OCBC join group buying Morgan Stanley’s CICC stake

Singapore’s GIC and OCBC’s insurance arm have joined a group led by US private equity firms KKR (KKR.UL) and TPG (TPG.UL) that is buying Morgan Stanley’s (MS.N) 34.3 percent stake in top Chinese investment bank CICC.

Reuters Breakingviews late on Wednesday reported that the Government of Singapore Investment Corp (GIC) (GIC.UL), Singapore’s sovereign wealth fund, and another unnamed investor had joined the bid by KKR and TPG for Morgan Stanley’s stake.

Read more…

Morgan Stanley said to sell CICC stake to KKR, GIC

Morgan Stanley is selling its 34.3% stake in China International Capital Corp. to Kohlberg Kravis Roberts & Co., TPG Capital, Singapore’s Great Eastern Holdings Ltd. and the island nation’s sovereign-wealth fund, four people with direct knowledge of the deal said.

Morgan Stanley plans to sell stakes of about 10% each to TPG and KKR, and about a 5% stake to Great Eastern, the insurance company controlled by Oversea-Chinese Banking Corp., said the people, who declined to be identified because the matter isn’t public. Government of Singapore Investment Corp. will buy the remainder, the people said. The 34.3% stake is valued at about $1 billion, two of the people said.

Read more…

Singapore not keen for big home price fall – Morgan Stanley

Singapore appears to have no intention to orchestrate sharp fall in property prices as 8,125 residential units that can be built from sale of sites under 1H11 confirmed list of government land sales program “certainly less than expected” despite being sizable by historical standards, says Morgan Stanley; “on balance, this is likely to be well received by the market as we believe that expectations were for another record release of residential units on the confirmed list.”

Still, prefers office-focused property companies like Keppel Land (K17.SG), Overseas Union Enterprise (LJ3.SG) over pure residential developers given recovery in office capital values. 8,125 units comparable to 8,135 made available under 2H10 government land sales program.

 
{jcomments on}