Spend money on Morgan Stanley over Robinhood Markets

IonQ: “That’s the problem. Everyone wants quantum computers. I was looking for quantum computers with Nvidia. We own Honeywell for … the nonprofit foundation. Here’s the problem: There’s no game on quantum computers right now. None, including that There is no game. There is only hype. We don’t want hype. ”

Robinhood Markets: “Look, I can comment on the last 10 points the same way. It’s so depressed, how can you not try? But the answer is, we don’t shoot things. We’re looking for fundamental reasons to own something. My nonprofit foundation owned by Morgan Stanley. Bet with them, not Robinhood, because it’s not a bet. It’s an investment. “

McAfee: “I don’t like McAfee. You have to be there NortonLifeLock. You are a member of the club. They know that when this deal is closed, NortonLifeLock will go straight to $ 30. Straight shot. ”

Western Union: “This stock is so damn cheap I have to believe it [CEO Hikmet Ersek] do something. I have to, have to, have to. I wouldn’t sell that stock for $ 18. ”

Royal Dutch Shell: “Royal Dutch is the fraction of the mental firepower that Mike Wirth brings to Chevron. We bought Chevron for … the charitable foundation. Why? Much better, much more disciplined than Shell. Much better capital allocation, and still good yield. That is the one to buy. ”

Doximacy: “Doximity is a damn good company. I don’t know how we’re going to change the address. It’s so good. … This is a great company with great advertising. I saw it was recently downgraded to by a great company I think Doximity has a lot of good reasons, but it’s trapped in this whole Multiple contraction of the price / sales ratio that nothing works. Don’t know what else to say. ”

Marathon Digital Holdings: “It’s a proxy. It’s just a proxy for this stuff. You want crypto, you buy crypto. … You like crypto, you own crypto.”

Join Now for the CNBC Investing Club to follow Jim Cramer’s every move in the market. Disclosure: Cramer’s nonprofit trust owns stocks of Morgan Stanley, NortonLifeLock, Honeywell, Nvidia, and Chevron.

‘Air Of Narcissism’ – Former Sheriff Morgan Used $75Ok In Taxpayer Cash For Statues Of Himself, Ok-9 Officer : NorthEscambia.com

Former Escambia County Sheriff David Morgan, according to the document, spent tens of thousands of dollars on a life-size bronze statue of himself before leaving office last year.

Morgan used $ 75,000 in tax dollars on statues for a New York state company. One was Morgan in his sheriff’s uniform, complete with Air Force medals, while he stood and saluted. The second was the former Escambia County Lt. Jason Potts and his K-9. They were appointed in April 2020 before Morgan stepped down. Two checks were made to settle the bill, one in April 2020 and the other in August 2020.

Morgan reportedly planned to erect his 6-foot-4-inch statue near a memorial to fallen officers outside the sheriff’s office.

Escambia County’s current Sheriff Chip Simmons said Wednesday that Morgan’s statue will not see the light of day.

“I have no intention of putting the former sheriff’s statue here in front of this building or anywhere in this building,” Simmons said.

You don’t normally build a statue of yourself and make taxpayers pay for it, ”added Simmons. “I think it’s a bit of a waste of money. That’s why I tried to cancel it when I first found it. I think it’s a bit bold. I think it has a touch of narcissism. “

The nameplate was removed from the statue of Potts with his K-9. With its generic appearance as a proxy and K-9, it can still be used anywhere at ECSO>

But the Morgan statue will stay in the warehouse.

“Maybe we can melt it down and use it. But at this point this statue is not going to be placed here in the Escambia Co. Sheriff’s office, ”Simmons said.

Images via WEAR 3 for NorthEscambia.com. Click to enlarge.

Written by William Reynolds Filed Under TOP STORIES

Can UK banks undertake a Morgan Stanley-style method to returning to work? –

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Morgan Stanley to bar employees with out Covid vaccinations from workplaces

Morgan Stanley announced to its staff on Tuesday that workers and customers who are not vaccinated against Covid-19 will be banned from returning to the New York City and Westchester County offices with a large staff presence from July 12, CNBC has confirmed.

All Morgan Stanley employees in the New York area must now confirm their coronavirus vaccination status by July 1.

Employees who are not fully vaccinated will still have to work remotely, the company told workers on Tuesday.

The move that will allow Morgan Stanley to lift masking and physical distancing requirements in its offices follows similar moves by other financial giants.

Black stone said last month that US workers in investment areas could return to their offices full-time on June 7 if they are fully vaccinated against the coronavirus.

Goldman Sachs cleverly Employees issued a memo earlier this month asking them to disclose their vaccination status.

Morgan Stanley had previously only requested that employees in certain areas of the company be fully vaccinated in order to return to their offices.

The Financial Times first reported Tuesday that Morgan Stanley, citing a company memo would require employees, customers, and visitors to the New York area to be fully vaccinated to enter corporate workplaces in New York City and Westchester County.

CMA board limits Morgan Wallen’s award eligibility | Leisure

NASHVILLE, Tenn. (AP) – Country singer Morgan Wallen can win multiple awards at this year’s CMA Awards, but not the show’s grand prize, a sign of the lasting impact after being caught on camera with a racist bow.

The Board of Directors of the Country Music Association agreed that Wallen is not eligible for individual artist categories such as Entertainer of the Year and Singer of the Year, according to Catharine McNelly, a CMA spokeswoman.

The board decided that Wallen can continue to be nominated for awards recognizing an artistic work such as album of the year, song of the year, single of the year, music event, and music video, “in order to limit the opportunities for other non-credited employees. “

The voting plan was published on Friday. On July 6, the first nomination vote went to CMA voters.

Wallen was already one of the biggest stars in the genre, with crossover hits like “Whiskey Glasses” when the video was released on TMZ in February. Wallen apologized for using the bow and radio stations, and streaming services removed him from playlists, but his The album sales increased.

His “Dangerous: The Double Album” spent 10 consecutive weeks at the top of the Billboard 200 charts of all genres and 12 weeks as a top country album. He’s just one of four country artists to have an album playing # 1 for 10 weeks among singers like Garth Brooks, Billy Ray Cyrus and Taylor Swift.

Wallen, named Best New Artist at the CMA Awards in November, is likely a nominee for “Album of the Year” based on album sales alone. The album has been in the top 5 Billboard albums for 18 consecutive weeks and far outperforms any other country album release. Other country albums falling within the nomination period include records by Kenny Chesney, Chris Stapleton, Thomas Rhett, Eric Church and Miranda Lambert with Jack Ingram and Jon Randall.

Although his singles haven’t been heavily played or advertised on the radio since February, he still had hits within the nomination period that would also call him into question.

The awards ceremonies were mixed in how they respond to Wallen’s actions and professional successes.

Wallen is among the top nominees at Sunday’s Billboard Music Awards, where he has six nominations including top song sales artist, top country artist, and top country album. Despite the nominations, he was not invited to participate or perform.

Other award ceremonies such as the Academy of Country Music Awards and the CMT Music Awards completely disqualified him.

Morgan Wallen fans have vocal support and set up billboards in Nashville and Los Angeles with his mullet.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed in any way without permission.

Rooster Soup for the Soul Leisure to Take part in J.P. Morgan 49th Annual World Expertise, Media and Communications Digital Convention


Ladbrokes parents go from prey to hunter in the casino merger boom

(Bloomberg) – Entain Plc, the owner of Ladbrokes betting shops, is considering making an offer on some of William Hill’s assets just months after a $ 11 billion unsolicited bid was rejected by MGM Resorts International. Andersen, who acquired the company in January, plans to investigate William Hill Plc’s assets for sale by Caesars Entertainment Inc. outside the US, including well-known UK real estate. “We’re looking at everything, so we are certainly also looking into whether this could be an interesting opportunity,” she said in a recent interview. A deal would cause massive consolidation in UK betting shops, in which Entain already has a 40% stake. Bloomberg reported last year that the company was also interested in buying William Hill’s non-U.S. Assets under a previous CEO. The global online gaming market is expected to grow in double digits to as much as 158 billion US dollars annually through 2028. This has sparked a global race of casino operators, sports team owners, media companies, and private equity firms looking to build a strong position in the fast-growing business. In January, UK bookmakers Ladbrokes and Coral’s parent company declined MGM’s offer for being too low and named Nygaard-Andersen, an existing board member, as CEO. “I don’t know if you should say exciting, but it was a busy Christmas and part of January,” said Nygaard-Andersen, 52. In April, Entain took control of Enlabs AB, a Swedish online betting company with a large presence in the Baltic States. According to Bloomberg data, the total volume of completed or pending casino deals has increased 33% this year to $ 22 billion. Notable transactions include the merger between Bally’s Corp. and Gamesys Group Plc as well as the acquisition of the Venetian by Apollo Global Management Inc. in Las Vegas. Nygaard-Andersen, whose most recent experience includes running esports teams and tournaments, sees a convergence between online betting and other forms of digital entertainment such as video games. She talks about how games like Take-Two Interactive Software Inc.’s Grand Theft Auto could potentially add a real casino or increase the chances of wagering on Fortnite tournaments. But that’s still down the street. Currently, Nygaard-Andersen and her Deputy CEO and Chief Financial Officer Rob Wood are reviewing deals around the world. April Deal William Hill agreed in April to be acquired by Las Vegas-based Caesars, its sports betting partner, for $ 4 billion in the US Caesars has announced that it will sell its assets outside the US within 12 months to remove debt of $ 2 billion. These companies accounted for more than 80% of William Hill’s sales last year, according to a public filing. The auction is expected to start in about two weeks, and Caesars’ preferred approach is to sell all of the assets together, said a person familiar with the matter. Chad Beynon, an analyst at Macquarie Securities, estimates it is worth about $ 2.5 billion. One hurdle for Entain could be regulatory, said Nygaard-Andersen. Working with William Hill would give the company a large share of the UK market. Caesars did not respond to a request for comment. Apollo, who lost to Caesars in the takeover of William Hill, is also interested in bidding on the non-bidders. US assets and possibly the leading candidate, according to those familiar with the matter. Apollo is also bidding against Entain for the Tabcorp assets. Apollo declined to comment. Other private equity firms may be interested, including CVC Capital Partners, who declined to comment. Blackstone Group Inc. considered doing so, but decided against pursuing the property, according to a person familiar with the company’s thinking. Similar strategy Flutter Entertainment Plc, owner of Paddy Power betting shops in Ireland and the FanDuel brand in the US, outlined a similar position “I don’t think we would acquire a very large number of stores, but we are always interested in our presence in retail, “said Peter Jackson, chief executive officer. “If there were customer databases or other things that we could acquire in European markets, we would look at that.” Another potential candidate for William Hill’s deals is Fred Done, the owner of Betfred, a competing bookmaker who owned approximately 6% of the shares in William Hill prior to the Caesars deal. A representative said he was still considering his position. Nygaard-Andersen, the first woman to run a UK-listed betting company, was unaffected by competition or the challenges of a William Hill deal. And the company still has its online betting company in the US with MGM. The two companies have invested roughly $ 500 million in a company that could now be worth more than $ 10 billion. “We have a variety of options,” said Nygaard-Andersen. “So let’s see.” You can find more stories like this on bloomberg.com. Sign up now to stay up to date with the most trusted business news source. © 2021 Bloomberg LP

Piers Morgan quits ‘Good Morning Britain’ after Meghan Markle feedback

Photographer | Collection | Getty Images

Piers Morgan is leaving ITV’s “Good Morning Britain” morning show after receiving backlash Monday over his comments on Meghan Markle.

The news comes shortly after UK broadcaster Ofcom said it was investigating Morgan after more than 41,000 people complained.

“After talking to ITV, Piers Morgan has decided that now is the time to leave Good Morning Britain,” the network said in a statement on Tuesday. “ITV accepted this decision and nothing more to add.”

Just hours earlier, Morgan was called by co-host Alex Beresford on Good Morning Britain for his behavior towards the Duchess of Sussex. Beresford said Morgan has been relentlessly critical of Meghan over the past few years, citing comments Morgan made that challenged Meghan’s truthfulness when she spoke about her suicidal thoughts.

“I understand you don’t like Meghan Markle,” Beresford told Morgan. “You have made it so clear several times in this program. Several times. And I understand that you have or had a personal relationship with Meghan Markle and she cut you off. She has the right to cut you off.” If she wants. Has she said anything about you since she cut you off? I don’t think she did, but you keep breaking her anyway. “

The incident in the air caused Morgan to walk off the set.

Beresford called after him and said the move was “pathetic”.

“This is absolutely diabolical behavior,” added Beresford with Morgan off-camera. “I’m sorry, but Piers spits regularly and we all have to sit there and listen – it was incredibly difficult to see, incredibly difficult to see yesterday, from 6:30 to 7:00.”

Morgan later reappeared on the set and retraced some of his remarks on Meghan. He said it was not his position to question their sanity.

The broadcaster’s recent comments on Meghan relate to an explosive interview she and Prince Harry gave Oprah Winfrey that aired on Sunday in the US and Monday in the UK. More than 17.1 million people in the states set for the event and over 12 million viewers watched the UK broadcast, according to information from ITV on Tuesday.

The interview delved into the reasons the couple had decided to leave England and break away from their royal duties. Meghan and Harry brought up what they said was a lack of support Meghan received when she went to the palace about mental health issues, the denial of security protection for the family, and the concerns of some kings about how the skin tone of their son Archie would be if he did it once was born.

Queen Elizabeth said Tuesday that the royal family will address Harry and Meghan’s allegations of racism at Buckingham Palace.

If you or someone you know is in crisis, call the National Suicide Prevention Lifeline at 800-273-8255.

Album gross sales surge for Morgan Wallen after racist remark | Leisure

FILE – Morgan Wallen arrives for the 54th annual Academy of Country Music Awards in Las Vegas on April 7, 2019. Wallen fans are buying up his latest album after appearing in a video with a racist slur. Wallen’s second album, Dangerous: The Double Album, remains at the top of Billboard’s all-genre album list for a fourth week.

Jordan Strauss

Entertainment writer by KRISTIN M. HALL AP

NASHVILLLE, Tenn. (AP) – Morgan Wallen fans are buying up the country star’s latest album after yelling a racist slur in a video last week.

Wallen’s second album “Dangerous: The Double Album” retains its top spot on Billboard’s all-genre album chart for a fourth week, less than a week after Wallen apologized for using racist language.

The country music industry acted quickly and publicly Rebuke he and radio stations and streaming services removed his songs from their playlists. But the fans responded by playing it even more.

Billboard Reports According to MRC Data, his last album sold 25,000 copies in the week ending February 4th, a 102% increase. Billboard reported that the album’s streaming numbers increased slightly by 3%, equivalent to roughly 160 million on-demand streams. Song downloads from the album also increased 67%.

The surge in interest went beyond Wallen’s current album. The daily sales of his first album “If I Know Me”, which was released in 2018, also rose from 200 to 2,500 in the week of February 4, according to MRC Data.

cutNscratch: Nationwide album debut coming for Morgan Wade | Leisure

At first she was a screamer, always on the verge of rupturing her vocal cords whenever she lived at or near the top of her range. But within a couple of years her voice got a little quieter, McGee recalled. Your soprano became a powerful, commanding instrument.

“I remember that one of the coolest things about playing with Morgan was always doing the sound check when we went to a bar and tested her microphone,” said McGee. “Everyone at the bar turned around just because that voice knew it was special.

“I’ve played with a lot of people who could sing. But she could sing a line and would have everyone’s attention. It was really cool. “

Meanwhile, the young woman who grew up on bluegrass and old-time music at the Floyd Country Store also developed some American and rock-style songwriting chops with an insistent rhythm guitar style.

Their live work caught the ears of Jason Isbell’s sound engineer at FloydFest in 2019. He approached her after her set in the merch tent, bought her music and told her he would play it for Isbell’s band. She was skeptical.

“I thought oh cool you know,” said Wade. “But by then I had learned that [sort of talk] hits nothing. I met a few people. “

However, within a few days, Vaden hit her with an email. He wanted to talk. He loved her voice and her songwriting. He wanted to make a record. They developed a musical partnership and friendship.

Morgan Stanley (MS) This fall 2020 earnings beat estimates

Morgan Stanley On Wednesday, fourth quarter earnings and sales exceeded analysts’ expectations for strong trading, investment banking and wealth management results.

The company reported a 51% increase in earnings to $ 3.39 billion, or $ 1.81 per share. Excluding the $ 189 million integration cost associated with last year’s E-Trade acquisition, earnings per share were $ 1.92, compared to an estimate of $ 1.27 by analysts surveyed by Refinitiv. Revenue of $ 13.64 billion was over $ 2 billion above the estimate of $ 11.54 billion.

“The company had a very strong quarter and record results for the full year with excellent performance in all three businesses and regions,” said CEO James Gorman in the press release. “Our unique business model continues to serve us well as we continue to implement our long-term strategy with the acquisitions of E * TRADE and Eaton Vance.”

Expectations were high for robust trade and investment banking results from competitors Goldman Sachs and JPMorgan Chase helped increase winning strokes and Morgan Stanley did not disappoint.

Investment banking had sales of $ 2.3 billion, half a billion dollars more than FactSet’s survey of $ 1.81 billion. The result was due to stocks from the underwriting of stocks, which more than doubled compared to the previous year due to robust IPOs and follow-up activities.

Stock trading generated sales of $ 2.49 billion, $ 350 million more than the estimate of $ 2.14 billion. Fixed income trading grossed $ 1.66 billion, $ 200 million more than analysts expected.

The wealth management division had sales of $ 5.68 billion, nearly $ half a billion more than analysts expected, thanks to higher assets and higher fee-generating activity, as well as the impact of the e-trade deal.

Morgan Stanley has the largest wealth management business of the six largest US banks, which typically benefit from rising markets. This business is supported by the bank $ 13 billion The acquisition of E-Trade announced a year ago and the fourth quarter is the first period in which E-Trade will be integrated into the larger company.

The bank’s shares were virtually unchanged after premarket trading rose 1.9%.

Gorman drove a small winning lap in his annual update on the company’s strategic objectives, highlighting the case that its business is at a turning point. In the next ten years, Gorman’s market share gains and acquisitions will sustainably generate higher sales and returns than in previous periods.

The company kept its long-term goals largely unchanged, saying that the return on tangible equity will be 17% or more, rather than the 15% to 17% range per year earlier.

“We are in the growth phase of this company for the next decade,” Gorman told analysts after the results were released.

Morgan Stanley is the last major US bank to post earnings in the fourth quarter. JPMorgan and Goldman Sachs exceeded analysts’ expectations for sales and earnings, aided by trading, while Citigroup, Wells Fargoand Bank of America disappointed revenue as credit margins tightened.

The shares of New York-based Morgan Stanley rose 33% in 2020, outperforming the KBW Bank Index’s 4.3% decline.

Here are the numbers:

  • Adjusted earnings of $ 1.92 per share versus $ 1.27 estimate by analysts surveyed by Refinitiv.
  • Revenue of $ 13.64 billion versus an estimate of $ 11.54 billion.