Morgan Stanley earnings fell
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Morgan Stanley  on Wednesday said its third-quarter earnings fell, reflecting damage caused by the broad sell-off in mortgage and corporate loan markets this summer, though revenue rose on strong investment banking and stock trading.
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Morgan Stanley  is cutting about  1,000 jobs in the coming week, part of efforts to trim costs  ahead of what it expects will be a tougher business  environment, a person briefed on the moves said on Thursday.
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Lehman Brothers Holdings Inc   said on Thursday that quarterly earnings fell, hurt by  declining fixed-income revenues.
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WASHINGTON (CBS.MW) -- Shares of Freddie Mac fell Friday as the market digested news about the mortgage company&#39;s earnings, which were restated lower for 2003.
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Wall Street stocks ended sharply lower Wednesday as investors saw a surge in oil prices and disappointing profits from Morgan Stanley as reason to cash in profits from the gains of last month.
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Stock index futures fell before the start of Wall Street trading on Wednesday, which will see quarterly earnings from bank Morgan Stanley , sport goods group Nike  and software maker Oracle .
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month.
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MORGAN Stanley, the American investment bank, has seen its quarterly profits slide 34 per cent amid reduced trading revenues. The latest figure fell well short of Wall Streetâs already-lowered expectations after a summer of sluggish market activity.
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Morgan Stanley and Bear Stearns Companies posted a drop in quarterly profits on Wednesday, surprising some investors one day after two
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Slashed earnings estimate pulls down shares.
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J.P. Morgan Chase & Company, the nation's second-largest bank, surprised Wall Street today with a sharp drop in third-quarter earnings.
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Morgan Stanley , the second-largest U.S. investment bank, on Wednesday posted a fourth-quarter loss after recording bigger-than-expected write-downs on assets hit by the credit crunch, and said it sold a $5 billion stake to China Investment Corp to boost capital.
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Shares of Wall Street's investment banks slipped at the opening bell Monday ahead of the brokerages' third-quarter earnings reports, as a J.P. Morgan Securities analyst said investors might be more comfortable if they reported lower profits.
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Morgan Stanley and Bear Stearns Cos. said fiscal third-quarter earnings fell, their first declines in more than a year. The results sparked concern that Wall Street profits are slowing, and shares of many securities firms dropped.
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Stocks were lower on Wednesday after  investment bank Morgan Stanley MWD.N reported lower quarterly  profit and a U.S. regulator challenged Fannie Mae's FNM.N  accounting methods.
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JP Morgan Chase &amp; Company, the nation&#39;s second-largest bank, surprised Wall Street today with a sharp drop in third-quarter earnings, attributing the weaker performance to poor results in fixed-income trading.
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J.P. Morgan Chase & Co. JPM.N, the  No. 2 U.S. bank, said  on Wednesday profit fell in the third  quarter, missing analyst expectations, as a result of costs  from its July merger with Bank One Corp. and lower fixed-income  revenues.