Tag: Morgan Stanley

Morgan Stanley (MS) Beats Earnings Estimates

Morgan Stanley (MS) Beats Earnings Estimates

Morgan Stanley (NYSE:MS) beat earnings estimates for the first quarter, posting earnings of 55 cents per share and revenue of $7.8 billion. Analysts had been expecting 46 cents per share in earnings and $8.52 billion in revenue. The firm’s profits tumbled 54.4% year […]

Lowest IPO Levels In Five Years Hurting Universal Banks

Lowest IPO Levels In Five Years Hurting Universal Banks

Macquarie analysts anticipate one of the weakest IPO markets in the past five years, thus weighing on universal banks’ results, unless large deals are priced and closed before March 31. David Konrad and Zev Zaretsky said in their March 23 research note […]