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Finance & Markets

Morgan Stanley to bolster IPO wheelhouse with Vinyl acquisition

Financial terms of the Vinyl Equity deal were not disclosed. But the purchase gives the bank an in-house transfer agent for share transfer, which can be complicated when a company goes public.

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Monday's ETF Movers: PSI, KWEB

In trading on Monday, the Invesco Semiconductors ETF is outperforming other ETFs, up about 8.7% on the day. Components of that ETF showing particular strength include shares of Cohu, up about 12.9%…

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