MORGAN STANLEY

Morgan Stanley 1Q Down But Beats Street

Morgan Stanley CEO Gorman
Morgan Stanley (NYSE: MS) on Thursday reported weaker first-quarter profit but still beat analyst expectations, which helped lift shares up more than 2 percent.
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Wall Street opens flat after labor data

Stocks opened flat on Thursday as a weak reading on the labor market and rumors of a French sovereign debt downgrade offset better-than-expected results from Bank of America and Morgan Stanley.
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Morgan Stanley Seen Earning Somewhat Less Than Year-Ago, Barring Surprises

Morgan Stanley (NYSE: MS), the exalted New York house of finance that is a veritable icon of white-shoe Wall Street firms, is expected to report first-quarter financial results Thursday somewhat weaker than a year-ago, a consensus of bank analysts has noted, as the firm is unlikely to have benefited as much as peers from positive developments that lifted large-cap U.S. banks during the first quarter.
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Citigroup buoyed by capital markets, economy

Citigroup Inc's quarterly profit beat Wall Street estimates as the third-largest bank cut expenses and benefited from an improved economy and more active capital markets after a dismal end to 2011.
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Freddie Mac homes in on next CEO: WSJ

The former chief executive of online brokerage E*Trade Financial Corp has emerged as a favorite for the top job at Freddie Mac , the Wall Street Journal said, citing people familiar with the matter.
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Chesapeake Sells Assets To Raise $2.6 Billion

Chesapeake Energy Corp, the second largest natural gas producer in the US, said on Monday that it has finalized three deals to sell its assets, which will raise $2.6 billion, as it faces cash crunch and a rising debt.
General Electric

GE, Best Buy Suffer Credit Rating Setbacks

Two of the most iconic American brands suffered setbacks to their credit ratings on Wednesday, evidence that some of the nation's most visible economic engines could face higher borrowing costs.
Rising PMI indicates increased activity in U.S. manufacturing sector according to an ISM report, Monday.

US Manufacturing, Economy Grew in March: ISM Index

U.S. manufacturing grew alongside the overall economy in March, rising 1 percent over the previous month's level, according to the March purchasing managers index (PMI) of the Institute for Supply Management.
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Asian Markets Dip On U.S., China Growth Worries

Asian shares eased for a second day in a row Thursday, as investors limited their risk exposures on concerns about growth prospects in the world's two largest economies, the United States and China.
Gasoline prices are shown at a gas station in Del Mar, California

Will Obama Release Oil From Strategic Reserve to Control Gas Prices?

With political pressures mounting, talk about the release of the strategic oil reserves has come back. Will the President decide to release the country's reserves in a last gasp effort to stem the gas price spike? And if he does, what kind of impact will it have on prices?
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Morgan Stanley wants all of Citi venture: sources

Morgan Stanley is interested in buying all of Citigroup Inc's stake in their wealth management joint venture this year in what could be a roughly $10 billion deal, said people familiar with Morgan Stanley management's thinking.

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