International Business News - MXB http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif MCSI Inc., which provides investment decision support tools, said Thursday its third-quarter income fell nearly 12 percent as higher expenses offset revenue growth. http://www.ibtimes.com/articles/20081002/mcsi-3q-earnings-plunge-on-higher-costs.htm Thu, 02 Oct 2008 14:23:21 EDT Morgan Stanley shares fell Thursday after an analyst predicted investment banks will be hurt by additional write-downs in the third quarter amid an already weak operating environment. http://www.ibtimes.com/articles/20080821/morgan-stanley-slides-as-analyst-trims-profit-view.htm Thu, 21 Aug 2008 12:40:59 EDT Shares of Lehman Brothers Holdings Inc. rose sharply Tuesday amid speculation the investment bank might be selling its entire investment management division to help boost capital reserves and shore up its balance sheet. http://www.ibtimes.com/articles/20080805/shares-of-lehman-rise-amid-unit-sale-speculation.htm Tue, 05 Aug 2008 12:07:07 EDT Shares of investment banks mostly rose Tuesday morning as the broader market increased sharply and amid speculation Lehman Brothers Holdings Inc. might sell its entire investment management division. http://www.ibtimes.com/articles/20080805/sector-snap-investment-banks.htm Tue, 05 Aug 2008 11:30:49 EDT With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally. http://www.ibtimes.com/data/articleimgs/98018-earns-wachovia.jpg http://www.ibtimes.com/articles/20080726/banks-rally-as-ceos-hold-off-on-issuing-shares.htm http://www.ibtimes.com/articles/20080726/banks-rally-as-ceos-hold-off-on-issuing-shares.htm Sat, 26 Jul 2008 01:36:27 EDT With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally. http://www.ibtimes.com/articles/20080725/banks-rally-as-ceos-hold-off-on-issuing-shares.htm Fri, 25 Jul 2008 17:48:17 EDT Shares of investment banks fell Friday morning despite an increase in the broader markets. The broader market rose as a new Commerce Department report showed new home sales in June fell by 0.6 percent to an annual rate of 530,000 units--better than the expected 505,000 units. Durable goods orders also topped expectations, rising 0.8 percent last month, double economists' projections of 0.4 percent. http://www.ibtimes.com/articles/20080725/sector-glance-investment-banks.htm Fri, 25 Jul 2008 12:03:53 EDT MSCI Inc., an investment products and analytics provider, said Wednesday a secondary offering by Morgan Stanley of 23 million shares of MSCI common stock has been priced at $32 per share. http://www.ibtimes.com/articles/20080716/msci-prices-secondary-stock-offering-of-23m-shares.htm Wed, 16 Jul 2008 09:54:37 EDT Among the earnings stories for Wednesday, July 2, from AP Financial News: WILMINGTON, Mass. (AP)--UniFirst Corp., which supplies uniforms and protective clothing, said Wednesday its fiscal third-quarter earnings rose 24 percent due to improving margins in the company's core laundry business. http://www.ibtimes.com/articles/20080702/earnings-roundup-unifirst-acuity-brands.htm Wed, 02 Jul 2008 10:57:05 EDT MSCI Inc., an investment products and analytics provider, said Wednesday profit for its fiscal second quarter fell 6 percent on compensation expenses and a founders grant from when the company went public last year. http://www.ibtimes.com/articles/20080702/msci-profit-falls-6-percent-on-stock-award-charges.htm Wed, 02 Jul 2008 08:26:20 EDT MSCI Inc., an investment products and analytics provider, said Wednesday investment bank Morgan Stanley plans to sell half its stake in MSCI. Morgan Stanley, a majority shareholder, currently owns about 53 million shares of MSCI. MSCI has about 101.3 million shares outstanding. http://www.ibtimes.com/articles/20080702/morgan-stanley-to-sell-half-its-msci-shares.htm Wed, 02 Jul 2008 08:06:58 EDT Morgan Stanley on Wednesday said fallout from the credit crisis caused a 61 percent slide in quarterly profit, an amount that would have been steeper if the investment bank didn't sell about $1.4 billion of assets. http://www.ibtimes.com/data/articleimgs/74294-aptopix-earns-morgan-stanley.jpg http://www.ibtimes.com/articles/20080618/morgan-stanley-2q-profit-beats-estimates.htm http://www.ibtimes.com/articles/20080618/morgan-stanley-2q-profit-beats-estimates.htm Wed, 18 Jun 2008 10:05:35 EDT