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MS chart adustment

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  • MS chart adustment

    Hi Bob Scott,

    Regarding a spin-off of Discover from Morgan Stanley
    on July 2, I see a chart adjustment for MS in the
    CorpActs.INF of 6/5, but not in the QFAI
    CorpActs.UNF. I also see the adjustment in the chart
    of MS as a 6:5 split in BigCharts.com and a 0.8301
    Distribution at StockCharts.com. And a friend tells
    me eSignal is adjusted.

    In the meantime, I've applied the split locally
    using QFAI Edit Local Splits under SETUP.
    20070702
    NYSE:MS,6/5

    Thanks for all your good work.

    Johana

  • #2
    Hi Johana,

    The "split" was the result of a $14.25 dividend which my sources missed. Thanks for the heads up. I think the CorpActs.UNF has now been corrected.

    The closest equivalent split is 206/171 which BigCharts.com must have rounded off to 6/5. The 0.8301 Distribution at StockCharts.com is closer.

    ~Bob

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