Morgan Stanley
Japan's biggest bank Mitsubishi UFJ Financial Group (MUFG) president Nobuyuki Hirano (2nd R) speaks as he announces the company's financial results ending March, at the Bank of Japan headquarters in Tokyo on May 15, 2013. MUFG saw lowered profits and sales due to the lack of a one-time gain that the bank had recorded from the conversion of its Morgan Stanley preferred share holdings into common shares. The banking group's net profit fell 13.1 percent to 852.62 billion yen (8.3 billion USD) while revenue fell 3.8 percent to 4.76 trillion yen.
Quotes
Because Morgan Stanley performs no additional work for the additional compensation, Morgan Stanley's receipt of additional compensation is a prohibited transaction under ERISA.
With more than 50 million people in the United States in danger of going hungry, we know that we can't solve this issue alone ... This historic gift by Morgan Stanley shows the true commitment that they have to help us fight hunger in all of our communities. We are proud to stand shoulder to shoulder with Morgan Stanley and together look for ways to erase hunger from our communities.
With more than 50 million people in the United States in danger of going hungry, we know that we can't solve this issue alone ... This historic gift by Morgan Stanley shows the true commitment that they have to help us fight hunger in all of our communities. We are proud to stand shoulder to shoulder with Morgan Stanley and together look for ways to erase hunger from our communities.More quotes »
Newsday's coverage
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Wealth management unit working for Morgan Stanley
Stanley's first quarter earnings Thursday showed that the financial company, after getting bludgeoned in the financial crisis, is staking its future on the steady business of wealth management.Profit and revenue soared in wealth management, Morgan Stanley Read more »
Around the web
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What's news
International United Petroleum & Chemical Co, known as Unipec, and Morgan Stanley sold crude cargoes for July to Indian Oil Corp, the country's biggest refiner, said three traders who asked not to be identified because the information is confidential. Indian 7:29 PM from China Daily Read more »
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Sports agent Jim Steiner joins Morgan Stanley
This was printed from St. Louis Business Journal A digest of important news from sources selected by our local editors. Delivered weekday mornings. Steiner completed the firm’s training requirements and will work out of the company’s wealth management offi 7:15 PM from St. Louis Business Journal Read more »
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CRM Morgan Stanley Top Pick in Lackluster Software Landscape
Stanley software analyst Keith Weiss this afternoon offers his impressions after reviewing industry results for Q1, concluding that application software has been doing better than infrastructure software, of late, and that a “low bar” is set for results this 4:53 PM from Barron's Online Read more »
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Corporate Profit Margins to Increase Through 2014, Says Morgan Stanley
Monday. Gross margins for the top 1,500 equities are at 29%, and are forecast to reach an average of 34.6% by the end of 2014, Morgan Stanley said in a report led by equity analyst Adam Parker. Net margins among the top 1,500 U.S. stocks finished the first 3:57 PM from The Street Read more »
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Market Watch
Meeting by Morgan Stanley Wealth Management 400 Campus Drive Florham Park, N.J. 07932 May 15: We continue to expect [airline] stocks to grind higher from here in the shorter term. In our updated outlook a few weeks ago, we emphasized that we expected the stocks 2:36 PM from Wall Street Journal Read more »
