MORGAN STANLEY

Although Friday's closely watched June jobs report missed expectations, analysts are looking on the bright side: Income and hours worked both rose and the country's job market is still growing, despite global turmoil.

During the second quarter, average rents increased to record levels in 74 of the 82 U.S. markets tracked by real estate data firm Reis Inc. (NYSE: REIS), according to a report released Thursday. A number of factors are driving the trend.

Since its May 17 pricing at $38 a share, the stunning collapse in the value of Facebook (Nasdaq: FB) the No. 1 social networking site has made history ? for its sheer size and magnitude.The IPO market remains weak.

The European summit may have increased investor confidence, but weak consumer spending across Europe, along with the rise of the dollar against the euro, is slowing down the global economy, pushing many companies to trim their earnings forecasts.

Asian markets are expected to begin the week on the upswing gains after leaders of the European Union agreed on action to stem the region's debt crisis.

India's BSE Sensex soared more than 430 points or 2.59 percent to a two-month high of 17448.48 Friday on positive global and domestic cues. The 30-share benchmark index opened at 17134.61 and reached a high of 17448.48 before closing down at 17429.98.

Reuters Market Eye - Morgan Stanley has upgraded Indian stocks to equalweight in its latest report after having rated them underweight since the first quarter of 2011.

Several underwriters that shared $176 million in fees from the $16 billion initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, told investors to buy the share Wednesday.

After spending four months in prison for allegedly running a brothel in New York City , Anna Gristina who has been nicknamed the Soccer Mom Madam was released out of the clink on Tuesday night.

It's not turning out to be a good week for Morgan Stanley (NYSE: MS). Over the past few days, the bank has been embroiled in two international scandals and cut by analysts at Goldman Sachs. That follows a month that saw a major credit downgrade, participation in the fumbled IPO of Facebook Inc. and behind-the-scenes grumbling by the FDIC. The bank has lost more than one-third of its market capitalization since late March.

Troubled BlackBerry developer Research in Motion (Nasdaq: RIMM), once the king of the smartphone hill with business, is scheduled to report first-quarter results after Thursday?s close.

Facebook (Nasdaq: FB), the No. 1 social networking site saw its shares rise 4 percent Tuesday many of the 33 underwriters of its $16 billion initial public offering on May 17 will be free to publish stock recommendations.

Zynga, Syngenta, JPMorgan Chase, Banco Santander, James River Coal, Nokia Corp, Morgan Stanley and AIXTRON are among the companies whose shares are moving in pre-market trading Tuesday.

A list of winners and losers in the world of business and economics for the week of June 17.

Few large financial institutions managed to escape unscathed as Moody's repositioned the ratings of 15 banks and securities firms with global capital markets operations after the closing bell on Thursday.

More than a month after the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, investors ought to be on the alert for several bullish signs.

Harvest Natural Resources, Sony Corp., Morgan Stanley, Banco Santander, Deutsche Bank, Jack in the Box, Statoil and IHS Inc. are among the companies whose shares are moving in pre-market trading Friday.

Chinese market regulators announced Thursday they could be easing the rules that currently allow only a small group of foreign banks to invest in the national equity and bond markets, a move that is seen as part of a wider campaign to open the country's financial system to global competition. Whether by design or by coincidence, however, the move also takes a tremendous amount of pressure off the country's central bankers, who are between a rock and a hard place in deciding whether or n......

A month after the $16 billion mammoth but botched initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, the ice may be breaking for technology companies.

Within a week of Facebook Inc.'s (Nasdaq: FB) $16 billion initial public offering, at least six lawsuits were filed against its top officials, including CEO Mark Zuckerberg, as well as six investment banks involved in the deal. That in itself is not surprising, considering the IPO flopped. What would be surprising is if the shareholders actually get anything near what they feel they deserve.

Among the companies whose shares are moving in pre-market trading Thursday are: Lincoln National Corp, SINA Corp, Las Vegas Sands, Baidu.com, Bank of America, Royal Bank of Scotland, Morgan Stanley and Nokia Corp.