Morgan Stanley deflected a blow to a unit that advises banks by promoting Kevin Ryan, one of the group’s leaders, after Goldman Sachs Group Inc. tried to recruit him, said two people with knowledge of the matter.
Gilt Groupe Inc., an e-retailer, and MobileIron Inc., whose software protects smartphones, are working with Goldman Sachs Group Inc. on their initial public offerings, said people with knowledge of the deals.
Business leaders, who generally didn’t support President Barack Obama’s policies in the past four years or his re-election bid, weren’t in a more-gracious mood after the results were in. Today’s decline in the U.S. stock markets, the biggest since June, didn’t help.
Elvis Presley’s gleaming white Knabe grand piano, and the coffee-stained upright instrument played by the Beatles and Pink Floyd , are up for sale in separate auctions on either side of the Atlantic next month.