Tom Reese/Paul Rubillo, Dividend.com
Morgan Stanley (MS) is taking a hit today in the early trading action. The company is set to report earnings tomorrow, and after Goldman Sachs’ (GS) weak report, the report from Morgan Stanley may not be much better.
It will be interesting to hear what Morgan Stanley’s management has to say regarding its plan going forward. Will they consider a link-up with a Wells Fargo (or even a JP Morgan, although the Bear acquisition is still being integrated)?. Either way, the market is starting to price in further troubles for Morgan Stanley this morning.
The Bottom Line
Will Goldman Sachs be the last independent man standing in the financial services realm? It’s quite possible if Morgan Stanley’s management believes they need to make a move. After Merrill Lynch’s acquisition by Bank of America, anything is possible. Meanwhile, investors should be careful to avoid the lure of the ''possible'' deal and look elsewhere for better opportunities.
Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system here.
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