NEW YORK (Reuters) - Morgan Stanley's first-quarter profit dropped nearly 50 percent, hurt by a steep decline in bond trading revenue.
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BING NEWS:
- Morgan Stanley Earnings: Profit Jumps, Powered by Stronger Dealmaking Revenue
Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share, ...
01/16/2025 - 12:47 pm | View Link - Dow Drops 68, Nasdaq Sinks 173, S&P 500 Slips 13
Wall Street drifted lower Thursday as momentum slowed for U.S. stocks. The post appeared first on TV News Check. The post Dow Drops 68, Nasdaq Sinks 173, S&P 500 Slips 13 originally published on TV ...
01/16/2025 - 9:09 am | View Link - Mixed profit reports send stocks adrift; high court's TikTok ban ruling expected soon
The relatively modest moves for stocks came a day after they shot higher on hopes that an encouraging report on inflation may convince the Federal Reserve to deliver more cuts to interest rates this ...
01/16/2025 - 8:30 am | View Link - Bank Earnings Show Wall Street Is Back in the Driver's Seat—For Now
Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.
01/16/2025 - 7:04 am | View Link - Morgan Stanley's profit more than doubles on boost from dealmaking, stock sales
Morgan Stanley's profit more than doubled in the fourth quarter, fueled by a wave of dealmaking and stock sales that drove its revenue to a full-year record.
01/16/2025 - 2:28 am | View Link - More
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