Top stock promoters now: PayPal, UPS, F5 and more

Top stock promoters now: PayPal, UPS, F5 and more

Michael Nagle/Bloomberg via Getty Images UPS shares rose as investors applauded the shipping giant’s turnaround efforts. Major U.S. stock indexes hit new intraday highs Tuesday on the back of strong corporate earnings and as the Federal Reserve’s two-day meeting began. Shares of United Parcel Service rose after the shipping giant posted strong quarterly results. Royal…

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Morgan Stanley Earnings Beat Estimates on Trading Momentum, CFO Cites Record Backlog

Morgan Stanley Earnings Beat Estimates on Trading Momentum, CFO Cites Record Backlog

By Arasu Kannagi Basil (Reuters) – Morgan Stanley’s earnings beat estimates in the third quarter as a surge in deals drove revenue to record levels, and the company’s finance chief said its investment banking portfolio is at “all-time highs.” “It’s certainly possible that next year we could break 2021 deal volume records,” Chief Financial Officer…

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