Morgan Stanley profit beats estimates
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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 posted a stunning fourth-quarter loss after recording a bigger-than-expected $9.4 billion of write-downs and said it sold a $5 billion stake to China Investment Corp to bolster its capital.
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The beer, wine and spirits company posted a quarterly profit far above Wall Street estimates, sending its shares up sharply.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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U.S. investment bank Morgan Stanley   on Wednesday said its second-quarter earnings more than  doubled, trouncing expectations amid strong increases in  underwriting and trading revenue.
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US investment bank Morgan Stanley (MWD.N: Quote, Profile, Research) on Wednesday said quarterly profit dropped by a third on sharply lower bond trading revenue
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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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NEW YORK - Lehman Brothers Holdings Inc., Wall Street's fourth-largest securities firm, on Wednesday delivered third-quarter profit above projections despite a slowdown in its key investment banking business.  Lehman said it was snared in challenging market conditions.
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US investment bank Morgan Stanley on Wednesday said quarterly profit dropped by a third on lower bond trading revenue, weak equities results and higher expenses, falling
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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 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 third-quarter earnings   soared 59 percent, trouncing 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 company's fourth-quarter earnings beat analyst expectations.
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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 reported a 7 percent drop in profit from continuing operations in the third quarter.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.