• Amazon's fleet of 767s is bad news for FedEx and UPS, Morgan Stanley says

    8 days ago - By Business Insider

    Amazon 's cargo planes are poised to take market share from UPS and FedEx, Morgan Stanley said.
    The online retailer had leased 40 Boeing 767 cargo planes and invested aggressively in its first air-cargo hub.
    Amazon's air-delivery system could lead to as much as a combined 10% drop in revenue for UPS and FedEx.
    Watch UPS , FedEx , and Amazon trade live.
    Amazon 's cargo planes are poised to take market share from the logistics giants UPS and FedEx , Morgan Stanley says.
    "The market is missing the risk Amazon Air poses to UPS/FDX growth," a group of Morgan Stanley analysts led by Ravi Shanker...
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  • MORGAN STANLEY: Big asset managers saw shares take a hit in 2018, and the pain is only beginning

    MORGAN STANLEY: Big asset managers saw shares take a hit in 2018, and the pain is only beginning

    8 days ago - By Business Insider

    Traditional asset managers' stocks struggled in 2018, falling 20% through the end of November.
    A new report from Morgan Stanley said this year's pressures could worsen in 2019.
    One firm, however, stands out for its long-term growth potential.
    Asset managers' stock tumbled this year, and 2019 doesn't look much better, a new report from Morgan Stanley said.
    A group of 11 traditional asset managers' share prices fell 20% through November 30. Hamilton Lane was the only manager out of its peers to show positive performance, with its stock up 7%. Fund managers Invesco and Wisdom Tree Investments...
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