Morgan Stanley Q2 Net Profit Down 10%, But Tops Estimates

Morgan Stanley Q2 Results Top Estimates

Financial services firm Morgan Stanley (MS) reported Tuesday a net profit for the second quarter that increased 44 percent from last year, driven by revenue growth across its operating segments and sharply lower provisions for credit losses. Both earnings per share and quarterly revenues topped analysts' estimates. The firm also boosted its quarterly dividend.

RTTNews | 126天前

Morgan Stanley Infrastructure Partners To Acquire 49% Stake In Onslow Iron Road Trust

Morgan Stanley Investment Management or MSIM, through investment funds managed by Morgan Stanley Infrastructure Partners or MSIP, a private infrastructure investment platform within MSIM, announced Thursday it has agreed to acquire a 49% stake in Onslow Iron Road Trust in partnership with Mineral Resources Ltd., which will continue to own a 51% stake.

RTTNews | 166天前

Amazon, Microsoft, Pfizer To Invest Billions In French Projects

Major companies, including Amazon.com Inc., Microsoft Corp., Morgan Stanley, Pfizer and others, have announced around 15 billion euros or $16.2 billion worth foreign investments in France as part of the country's annual 'Choose France' business summit, reports said. French President Emmanuel Macron kicks off the summit of 180 CEOs and executives on Monday, aiming to showcase foreign investment.

RTTNews | 190天前

Morgan Stanley Q1 Results Tops Estimates

Financial services firm Morgan Stanley reported Tuesday a profit for the first quarter that increased 15 percent from last year, driven by revenue growth across its operating segments and lower provisions for credit losses. Both earnings per share and quarterly revenues topped analysts' estimates.

RTTNews | 217天前

Morgan Stanley Q3 Profit Up 15%, Results Top Estimates

Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company's common shareholders for the first quarter increased to $3.27 billion or $2.02 per share from $2.84 billion or $1.70 per share in the year-ago quarter.

RTTNews | 217天前

Morgan Stanley Q3 Profit Down 9%, But Tops Estimates

Financial services firm Morgan Stanley reported Wednesday a profit for the third quarter that decreased 9 percent from last year, pulled down by surging provisions for credit losses and higher expenses, despite 2 percent revenue growth. Both adjusted earnings per share and quarterly topped analysts' estimates.

RTTNews | 398天前

Morgan Stanley Q2 Profit Down, Yet Tops View

Financial services firm Morgan Stanley reported Tuesday weak profit in its second quarter, despite increased revenues in a challenging market environment. Earnings per share and topline, however, beat market estimates. In the quarter, Institutional Securities net revenues declined, reflecting continued muted activity in Investment Banking and declines in Equity and Fixed Income.

RTTNews | 490天前

Morgan Stanley Q1 Results Down, Yet Beats View

Financial services firm Morgan Stanley reported Wednesday weak profit, revenues and assets under management in its first quarter, noting that the businesses navigated a volatile market environment. Earnings per share and topline, however, beat market estimates. In pre-market activity on the NYSE, Morgan Stanley shares were losing around 4.2 percent.

RTTNews | 580天前

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