Apple Inc. (NASDAQ:AAPL) is held in exceptionally low numbers by top-30 financial institutions such as banks and hedge funds, according to a Morgan Stanley report issued today. The Cupertino, California-based technology giant is clearly viewed as a poor investment by the analysts and … [Read more...]
Morgan Stanley Fined for Blowing Facebook (FB) IPO
Morgan Stanley was hit with a $5 million fine for brazenly breaking the law in their role as the lead underwriter for Facebook's (FB) IPO. The Secretary of the Commonwealth of Massachusetts, William Galvin, levied the fine for what he described as, "...a clear violation of the global … [Read more...]
