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A Look At Morgan Stanley's Big Q4 Earnings Miss
Thursday, January 17, 2019 - 9:18am | 333Read More...Big bank earnings season continued Thursday with Morgan Stanley (NYSE: MS) reporting a top-and-bottom line miss in its fourth quarter, which sent shares lower by nearly 6 percent. What Happened Morgan Stanley said it earned 80 cents per share in the fourth quarter on revenue of $8.548 billion...
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Morgan Stanley CEO Gives Trump's Corporate Tax Plan A Thumbs-Up
Thursday, November 16, 2017 - 10:50am | 487Read More...The Trump administration has unveiled its proposed tax changes which introduces a path toward a tax rate in the 20 percent range. The Expert Morgan Stanley (NYSE: MS)'s chairman and CEO James Gorman. The Thesis Many countries have a tax rate in the 15-25 percent range, which by default...
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How Wall Street's Head Honchos Feel About Cryptocurrency
Monday, October 16, 2017 - 3:04pm | 907Read More...Cryptocurrency has become the "in thing," with people going gaga over digital currencies. What other explanation can be offered for the record surge in bitcoin, the widely used form of cryptocurrency? Released in 2009 as an open-source software, bitcoin's value has gone through the...
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Morgan Stanley CEO: Raising Rates Would Be Recognition That U.S. Is Back On Track
Thursday, January 22, 2015 - 4:16pm | 327Read More...Morgan Stanley (NYSE: MS) posted disappointing Q4 numbers Tuesday on the back of falling underwriting revenues. However, CEO James Gorman feels that the U.S. economy is doing great and will continue to do so. Gorman was interviewed by CNBC at the World Economic Forum in Davos on Thursday....
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Morgan Stanley CEO James Gorman Discusses Morgan Stanley Smith Barney Acquisition (MS)
Friday, June 21, 2013 - 9:29am | 224Read More...Morgan Stanley (NYSE: MS) received regulatory approval to acquire the remaining 35 percent interest of Morgan Stanley Smith Barney from Citigroup for $4.7 billion on Friday morning. This gives Morgan Stanley full control of what will now be know as Morgan Stanley Wealth Management. James Gorman,...
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James Gorman: Morgan Stanley is Very Comfortable WIth Current Headcount
Friday, January 18, 2013 - 3:25pm | 1191Read More...Morgan Stanley CEO James Gorman sat down with Bloomberg Television's Erik Schatzker at the bank's headquarters in New York and said that he's "very comfortable with the headcount we have right now. These have been tough decisions." Gorman also said that "fixed income can be a terrific business"...
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Morgan Stanley Lower After Q3 Results
Thursday, October 18, 2012 - 2:32pm | 410Read More...Morgan Stanley (NYSE: MS) released its fiscal third-quarter earnings results prior to the opening bell on Wednesday. The Wall Street investment bank reported a loss which was the result of an accounting change related to debt valuation. Adjusted earnings showed a profit for the period. Strength...
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Morgan Stanley CEO James Gorman on Bloomberg TV: Wall Street Banks Don't Need to be Broken Up
Wednesday, June 27, 2012 - 2:23pm | 1397Read More...Morgan Stanley CEO James Gorman spoke with Bloomberg TV's Erik Schatzker on “Market Makers” this morning and said that Wall Street banks don't need to be broken up. Gorman said, “This is a knee-jerk discussion that's been going on…We need to just calm down, let this play out with the new...
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Goldman Sachs Swaps the Morgans
Tuesday, June 26, 2012 - 2:31pm | 435Read More...Goldman Sachs upgraded J.P. Morgan (NYSE: JPM) from Buy to Conviction List-Buy on Tuesday and simultaneously downgraded Morgan Stanley (NYSE: MS) from Conviction List-Buy to Neutral. Goldman Sachs said that shares of both J.P. Morgan and Morgan Stanley have "significantly underperformed". Morgan...
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Morgan Stanley CEO James Gorman on Bloomberg TV
Thursday, April 19, 2012 - 3:39pm | 1031Read More...Morgan Stanley CEO James Gorman spoke to Bloomberg TV's Erik Schatzker about the company's first-quarter profit reported today, its credit rating and financial regulation. Gorman said that “there's clearly been an uptick in performance” for the firm but “we still have a lot of upside.” Gorman also...
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Morgan Stanley CEO James Gorman Talks About Smith Barney Plans on Fox Business Network
Thursday, April 19, 2012 - 2:22pm | 707Read More...Morgan Stanley (MS) CEO James Gorman spoke with FOX Business Network's (FBN) Charlie Gasparino about the company's first quarter earnings his plans for expansion. Gorman said that rumors he would like to buy all of Smith Barney are nothing more than “media speculation” and they plan to exercise...
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Fox Business Reports Managing Directors Within Morgan Stanley "Are Expecting Zero Bonus"
Wednesday, October 5, 2011 - 4:29pm | 193Read More...FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Morgan Stanley CEO James Gorman is “telling people to lower their expectations about 2011 bonuses” indicating to employees that bonuses “will be down from last year dramatically and some Managing Directors, the highest paid...
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Morgan Stanley Looking To Improve Its Performance (MS, GS)
Friday, April 9, 2010 - 3:06pm | 160Read More...Morgan Stanley (NYSE: MS) has restructured its operations in a big way. The financial firm has augmented its trading unit and has reorganized its top management. However, it is yet to be seen whether these changes are going to bear any fruit in the form of increased earnings. Morgan Stanley (MS) is...
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4Q Profit For Morgan Stanley (MS) After Huge Losses In 2008 (MS, C)
Wednesday, January 20, 2010 - 12:50pm | 184Read More...Morgan Stanley (NYSE: MS) posted a fourth-quarter profit following big prior-year losses as the investment bank is setting the stage for further improvement in 2010. There is a new chief executive on board, James Gorman, and the company should begin to reap the rewards of its joint venture with...
