Morgan Stanley Reports Healthy Quarter
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John Mack may have handed Wall Street the turnaround he pledged after becoming CEO of Morgan Stanley in 2005.   The nation's No.
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Global stock markets bounced back last week, and on Wall Street the three major stock indexes posted healthy gains.
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The leading index of blue chip shares finished in positive territory after solid results from International Power and positive broker comment boosted Standard Life, dealers said Tuesday.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on lower bond trading revenue, weak equities results and higher  expenses, falling short of Wall Street's low expectations and  pushing its shares down as much as 8 percent.
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Leading shares finished the session comfortably higher, at their best levels in almost 2-1/2 years, boosted by positive news from BSkyB and a broadly positive morning on Wall Street, dealers said.
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Strength in the software giant&#39;s mainstay product powered a healthy quarter. Weakness elsewhere shows why PeopleSoft is a target.
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Leading stock market indexes looked set to open higher on Wednesday with focus on investment bank Morgan Stanley's  quarterly results.
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Morgan Stanley's MS.N third-quarter   earnings soared 59 percent, beating expectations, as the   largest U.S. investment bank posted strong trading and banking   gains despite a summertime slowdown in the markets.
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The robust results came despite a decline in investment banking activity during the quarter and a slowdown in stock trading over the summer.
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Morgan Stanley MWD.N and Bear  Stearns Cos. Inc. BSC.N, two of Wall Street's biggest  securities firms, on Tuesday said their quarterly profits rose  as a flurry of mergers and a year-end stock rally boosted  investment banking fees.
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Morgan Stanley  on Wednesday said its second-quarter profit rose 40 percent, trouncing expectations as a number of trading and investment banking businesses achieved record results.
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Morgan Stanley  on Wednesday  said its second-quarter earnings rose 41 percent to a new  record, beating expectations on higher trading and investment  banking results.
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Morgan Stanley, the second-largest investment bank by market value, said on Tuesday it will spin off its Discover credit-card division and posted better-than-expected quarterly results on strong banking and trading.
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By Bradley Keoun  Morgan Stanley reported record third-quarter profit Wednesday as earnings from investment banking, brokerage services and credit cards, along with reduced compensation costs, helped the chief executive, John Mack, provide the biggest stock gains on Wall Street.
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Morgan Stanley  on Wednesday said its second-quarter earnings rose 41 percent to a new record, beating expectations on higher trading and investment banking results.
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Morgan Stanley  on Wednesday said its second-quarter profit rose 40 percent, trouncing expectations as most of its trading and investment-banking businesses achieved record results.
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The blue-chip Dow average and the   Nasdaq rose slightly in thin trading on Wednesday, helped by a   government report showing economic growth remains reasonably   strong.