Morgan Stanley

Morgan and Wells Successfully Raise Cash 

Morgan Stanley [stock MS][/stock] successfully priced a public offering of 146m shares of common stock, at $24 per share, in the rush to raise capital following government stress testing. And, the NYC firm is not alone, as Wells Fargo [stock WFC][/stock] offered shares, in oversubscribed trading, that saw 1.25bn of common stock go for $7.5bn, or $22 per share.