InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,258.35
(
-0.92%
)
US TECH 100
18,085.60
(
-0.78%
)
Dow Jones
39,057.46
(
-1.55%
)
Brent Oil
81.11
(
-0.52%
)
Bitcoin
67,313.81
(
-2.59%
)
Post# of 789
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

cta751

Send PM Follow Ignore
Followers 10
Posts 3018
Boards Moderated 0
Alias Born 02/17/2007

cta751

Re: None

Wednesday, 03/19/2008 8:00:02 AM

Wednesday, March 19, 2008 8:00:02 AM

Post# of 789
Morgan Stanley 1Q Beats Expectations
Wednesday March 19, 7:40 am ET

Morgan Stanley 1st-Qtr Results Above Expectations on Strong Equities, Fixed-Income Trading

NEW YORK (AP) -- Morgan Stanley, one of the world's biggest investment banks, says strong equity sales and trading helped lift first-quarter profits above Wall Street projections.

The company has posted a profit of $1.55 billion, or $1.45 per share, down from $2.67 billion, or $2.17 per share, last year.

Analysts were expecting a profit of $1.03 per share, according to Thomson Financial.

The results follow better-than-expected earnings from rivals Lehman Brothers and Goldman Sachs.


A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
my posts are only my opinions, nothing more

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up