Morgan

Leading second-wave feminist co-founded Women’s Media Center with Jane Fonda and Gloria SteinemRobin Morgan, a child star of the 1940s and 50s who grew up to become an all-American radical as a poet, essayist, editor and second-wave feminist, has died. She was 85.Morgan’s death was confirmed Saturday by the Women’s Media Center, an organization she co-founded with Jane Fonda and the celebrated author and activist Gloria Steinem, who died Wednesday. Continue reading...

• JPMorgan has placed two European consumer staples stocks on its "positive catalyst watch," signaling expectations for upcoming events that could drive share prices higher. • The move indicates that the investment bank anticipates specific triggers or positive developments for these companies in the near term. • This action is significant for investors as it highlights potential growth opportunities within the European staples sector amid broader market volatility.

• Morgan Stanley has updated its ratings for Nordic banks, identifying preferred stocks based on profitability and business model stability. • Analysts highlighted that some institutions remain "structurally challenged," specifically noting that international operations are diluting overall group profitability. • Performance data from the second quarter shows a significant gap in return on allocated capital, with Sweden at 16.3% compared to 11.7% in the U.K. and 10.9% in Norway and the Netherlands.

• Morgan Stanley has identified three key Asian technology investment ideas targeting growth by 2026. • Among the highlighted picks is APR, a technology company based in South Korea. • These selections aim to guide investors toward high-potential tech opportunities within the Asian market over the next two years.

• Morgan Stanley has designated a specific European capital goods stock as its top pick for investors. • The announcement highlights a shift in the firm's preference within the industrial sector, though the specific company name was not detailed in the provided summary. • This recommendation matters as top-tier analyst picks from major firms like Morgan Stanley often drive significant trading volume and price volatility.

• JPMorgan Private Bank's global investment strategist, Madison Faller, advises investors to become more selective when choosing European stocks. • The recommendation comes as improving corporate earnings across Europe are increasingly being priced into stock valuations, making them more expensive. • This shift matters because the broad-based gains seen in previous quarters may no longer provide the same value, requiring a more targeted approach to find growth.

Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the CityJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor to increase taxes on banks’ bumper profits.Speculation has been growing that a windfall tax could be imposed on UK lenders to fund Andy Burnham’s cost of living agenda, with campaigners estimating such a move could raise £19bn. Continue reading...