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Showing posts with label MS. Show all posts
Showing posts with label MS. Show all posts
Thursday, January 17, 2013
Stocks Reporting Earnings Tomorrow, Friday January 18
Stocks Reporting Earnings Tomorrow, Friday January 18
Saturday, November 03, 2012
Facebook Allowed Some Accounts to be Accessed Without a Password
As if Facebook didn't have enough problems, according to an article by the BBC which reported information from the Hacker News website, accounts at Facebook (FB) have been accessible without a password. However, the company acted right away in closing this loophole.
Apparently, hackers could see the email addresses of Facebook users. The problem related to a feature that allowed users quickly log back in to Facebook.
First, Facebook, which trades on NASDAQ, was hit with a poorly performing IPO after-market. Then it turned out that the major investment bankers had reduced their earnings forecasts for Facebook during the IPO roadshow, including Morgan Stanley (MS), JP Morgan (JPM), and Goldman Sachs (GS). It was then hit with securities investigations and lawsuits began developing. The stock is now down around 44% from its original trading price.
Facebook trades at 110 times trailing earnings and 33 times forward earnings. Year-over-year revenues for the latest quarter were up 32.3%. The stock holds over $10.45 billion in cash, with $902 million in total debt.
Sunday, February 19, 2012
27 Ways to Buy Facebook Stock Before It Goes Public
Ever since Facebook announced that the company will have its initial public offering later this year, I have been inundated with requests from friends, relatives, and acquaintances asking how they can buy stock in Facebook on the IPO. These are people who have never talked to me before about investments, and many have never invested before in their life. Normally, if an investor is lucky enough to buy a stock on the initial offering, the investor is usually rewarded with a huge gain in the stock price during the first day or two.
So how does one get stock as part of the initial offering? It's not just luck, it's wealth. First of all, the three lead underwriters are Morgan Stanley (MS), J. P. Morgan (JPM), and Goldman Sachs (GS). Underwriters are the investment brokerage firms that raise money for companies. They are also in charge of the allocation of shares to the investor. The second tier underwriters are BofA Merrill Lynch, Barclays Capital, and Allen & Company.
So if you have an account with any of these firms, you might have a chance of getting some shares. Often, the underwriters will distribute shares to other brokerage firms, but with a popular offering like this, the allocation may be slim pickings. That's step one, the connection with the investment company. Step two is getting your broker to give you some shares.
According to a spokesman at TD Ameritrade (AMTD), they recently implemented a policy that you must have $250,000 in your account before you can be considered to receive shares of an IPO. That's the wealth part. Then if there is more demand for stock than are shares available, the firm would implement a lottery system to determine which clients would get shares.
Fortunately, there are other ways of buying shares in Facebook ahead of the stock offering, although the ownership of the shares would be indirect. One way would be to buy stocks of companies that have invested some of their funds in Facebook. An example is Microsoft (MSFT), which owns roughly 1.3% of the social networking giant. Of course, this ownership represents a very small portion of Microsoft's assets.
Another way of having some Facebook stock is through the ownership of mutual funds. WallStreetNewsNetwork.com has turned up over 20 mutual funds that own shares of Facebook in varying degrees. Morgan Stanley has several funds that own Facebook such as Morgan Stanley Capital Opportunities (CPOAX), Morgan Stanley Focused Growth (AMOBX), and Morgan Stanley Inst Capital Growth (MSEQX).
The T. Rowe Price family of mutual funds has over a dozen funds with Facebook stock, including T. Rowe Price Media & Telecommunications Fund (PRMTX), T. Rowe Price Balanced Fund (RPBAX), T. Rowe Price Blue Chip Growth Fund (TRBCX), T. Rowe Price Global Stock (PRGSX), and T. Rowe Price Global Technology Fund (PRGTX). Please note that for most of these funds, Facebook makes up a very small portion of the portfolio.
An alternative to investing in the mutual funds is to invest in the mutual fund management firm. T. Rowe Price Group (TROW) is the asset management holding company that manages the numerous mutual funds that own some shares of Facebook.
There are also a couple of closed end funds that own shares of Facebook. A closed end fund is similar to a mutual fund, in that it owns a diversified portfolio of stocks, however, mutual fund prices are based on the intrinsic value of the shares, called the Net Asset Value, whereas the price of a CEF is based on supply and demand and can trade way above or way below the net asset value. One of the CEFs is Firsthand Value Technology (SVVC), which has about 5% of its assets invested in Facebook.
The last alternative to buying the stock ahead of time is through one of the companies that handle private stock trading. Unfortunately, this option is only available to accredited investors. If you don't know what an accredited investor is, you probably aren't one.
According to the Securities and Exchange Commission, an individual accredited investor is "a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person; or a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year. If you fall into this category, then you could consider contacting SharesPost or Second Market, otherwise, don't even try.
To see a list of over 25 of the companies that own Facebook stock, check out the free list at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated.
Will Facebook be a hot stock? With 845 million users as of the end of 2011, that's a lot of potential buyers. If just one percent of Facebookers buy just 100 shares once the stock goes public, that's 845 million shares being purchased. By the way, the anticipated stock ticker symbol for Facebook is expected to be FB.
Disclosure: Author owns SVVC. No recommendations of any of the above stocks is expressed or implied.
By Stockerblog.com
So how does one get stock as part of the initial offering? It's not just luck, it's wealth. First of all, the three lead underwriters are Morgan Stanley (MS), J. P. Morgan (JPM), and Goldman Sachs (GS). Underwriters are the investment brokerage firms that raise money for companies. They are also in charge of the allocation of shares to the investor. The second tier underwriters are BofA Merrill Lynch, Barclays Capital, and Allen & Company.
So if you have an account with any of these firms, you might have a chance of getting some shares. Often, the underwriters will distribute shares to other brokerage firms, but with a popular offering like this, the allocation may be slim pickings. That's step one, the connection with the investment company. Step two is getting your broker to give you some shares.
According to a spokesman at TD Ameritrade (AMTD), they recently implemented a policy that you must have $250,000 in your account before you can be considered to receive shares of an IPO. That's the wealth part. Then if there is more demand for stock than are shares available, the firm would implement a lottery system to determine which clients would get shares.
Fortunately, there are other ways of buying shares in Facebook ahead of the stock offering, although the ownership of the shares would be indirect. One way would be to buy stocks of companies that have invested some of their funds in Facebook. An example is Microsoft (MSFT), which owns roughly 1.3% of the social networking giant. Of course, this ownership represents a very small portion of Microsoft's assets.
Another way of having some Facebook stock is through the ownership of mutual funds. WallStreetNewsNetwork.com has turned up over 20 mutual funds that own shares of Facebook in varying degrees. Morgan Stanley has several funds that own Facebook such as Morgan Stanley Capital Opportunities (CPOAX), Morgan Stanley Focused Growth (AMOBX), and Morgan Stanley Inst Capital Growth (MSEQX).
The T. Rowe Price family of mutual funds has over a dozen funds with Facebook stock, including T. Rowe Price Media & Telecommunications Fund (PRMTX), T. Rowe Price Balanced Fund (RPBAX), T. Rowe Price Blue Chip Growth Fund (TRBCX), T. Rowe Price Global Stock (PRGSX), and T. Rowe Price Global Technology Fund (PRGTX). Please note that for most of these funds, Facebook makes up a very small portion of the portfolio.
An alternative to investing in the mutual funds is to invest in the mutual fund management firm. T. Rowe Price Group (TROW) is the asset management holding company that manages the numerous mutual funds that own some shares of Facebook.
There are also a couple of closed end funds that own shares of Facebook. A closed end fund is similar to a mutual fund, in that it owns a diversified portfolio of stocks, however, mutual fund prices are based on the intrinsic value of the shares, called the Net Asset Value, whereas the price of a CEF is based on supply and demand and can trade way above or way below the net asset value. One of the CEFs is Firsthand Value Technology (SVVC), which has about 5% of its assets invested in Facebook.
The last alternative to buying the stock ahead of time is through one of the companies that handle private stock trading. Unfortunately, this option is only available to accredited investors. If you don't know what an accredited investor is, you probably aren't one.
According to the Securities and Exchange Commission, an individual accredited investor is "a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person; or a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year. If you fall into this category, then you could consider contacting SharesPost or Second Market, otherwise, don't even try.
To see a list of over 25 of the companies that own Facebook stock, check out the free list at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated.
Will Facebook be a hot stock? With 845 million users as of the end of 2011, that's a lot of potential buyers. If just one percent of Facebookers buy just 100 shares once the stock goes public, that's 845 million shares being purchased. By the way, the anticipated stock ticker symbol for Facebook is expected to be FB.
Disclosure: Author owns SVVC. No recommendations of any of the above stocks is expressed or implied.
By Stockerblog.com
Tuesday, October 12, 2010
Get a 5% Yield from Morgan Stanley
If you are an income investor looking for high dividend stocks and are looking to diversify into investment banking stocks, you have several to choose from, but not with high yields. For example, the yield on Morgan Stanley (MS) is only about 0.8%.
However, there is another safer way to invest in the company and get a much higher yield, with inflation protection. Morgan Stanley happens to have a preferred stock called Morgan Stanley Floating Rate Depositary Shares Non-Cumulative Preferred A (MS-PA). This security currently sells for 20.15, a big discount to its par value amount of $25. The first call date is 7/15/2011.
The annual dividend payout is one dollar per year based on 4% of the par value, payable quarterly, giving the stock a current yield of about 5%. The dollar a year dividend is the minimum payout, as the yield is adjustable upwards if rates increase. The rate is based on the three month LIBOR rate plus 0.7%, subject to the minimum.
If you like these adjustable rate preferred stocks, you should take a look at How to Get a 6% Yield from Chesapeake Energy (CHK), How to Get a 4.9% Yield from Goldman Sachs (GS), and Lucent (ALU) Pays a Yield of 13%.
A list of about 20 adjustable rate preferreds, with yields ranging from 1.83% to 8.59%, is available at WallStreetNewsNetwork.com. The list includes the minimum yield, the floating rate calculation, the par value, annual income and yield.
Disclosure: Author does not own any of the above.
By Stockerblog.com
However, there is another safer way to invest in the company and get a much higher yield, with inflation protection. Morgan Stanley happens to have a preferred stock called Morgan Stanley Floating Rate Depositary Shares Non-Cumulative Preferred A (MS-PA). This security currently sells for 20.15, a big discount to its par value amount of $25. The first call date is 7/15/2011.
The annual dividend payout is one dollar per year based on 4% of the par value, payable quarterly, giving the stock a current yield of about 5%. The dollar a year dividend is the minimum payout, as the yield is adjustable upwards if rates increase. The rate is based on the three month LIBOR rate plus 0.7%, subject to the minimum.
If you like these adjustable rate preferred stocks, you should take a look at How to Get a 6% Yield from Chesapeake Energy (CHK), How to Get a 4.9% Yield from Goldman Sachs (GS), and Lucent (ALU) Pays a Yield of 13%.
A list of about 20 adjustable rate preferreds, with yields ranging from 1.83% to 8.59%, is available at WallStreetNewsNetwork.com. The list includes the minimum yield, the floating rate calculation, the par value, annual income and yield.
Disclosure: Author does not own any of the above.
By Stockerblog.com
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