NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had charged Morgan Stanley with misleading investors about two residential mortgage-backed securities it issued before the 2008 financial crisis, and that the bank would pay $275 million to settle the ...
(Adds quote from lawyer, details on administrative proceeding)
WASHINGTON, July 24 (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued...
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Top gainers, as of 5:15 p.m.: SANM +9.2% . TQNT +7.0% . SNTA +5.4% . APA +4.5% . ARNA +2.1% . Top losers, as of 5:15 p.m.: UCTT -9.4% . RMBS -3.6% . OTCQB:GSAT -2.2% . CTRP -1.4% . TWX -1.3% . Post your comment!
Rambus (NASDAQ: RMBS ) expects Q3 revenue of $68M-$73M vs. a $72.5M consensus. Revenue rose 32% Y/Y thanks to Rambus ' licensing deals with Micron, Nanya, and Qualcomm, partly offset
Rambus (NASDAQ: RMBS ): Q2 EPS of $0.16 beats by $0.01 . Revenue of $76.5M (+32.1% Y/Y) beats by $0.5M . Shares -5.61% AH. Press Release Post your comment!
July 21 (Reuters) - (The following statement was released by the rating agency)
BRO , BXS , CCK , CDNS , CMG , CNI , CROX , CYS , ELS , GLF , HLX , HSTM , HXL , NFLX , PKG , POL , RCII , RMBS , SANM , STLD , TXN , UCTT , WCN , WWD , ZION Post your comment!
government-sponsored entities. I am neutral on the company because of its weak growth prospects due to its high exposure in agency RMBS , which I believe has limited opportunities. Furthermore, CYS has adopted a defensive strategy by changing its portfolio mix