Japan Weighs On Morgan Stanley Earnings
Morgan Stanley beat estimates but reported a 45% drop in net income fell which fell to $968 million, or 50 cents a share, from $1.78 billion, or 99 cents a year earlier.
Halah Touryalai, Forbes StaffMorgan Stanley beat estimates but reported a 45% drop in net income fell which fell to $968 million, or 50 cents a share, from $1.78 billion, or 99 cents a year earlier.
Halah Touryalai, Forbes StaffA failed bank and a tarnished CEO are trekking forward on the road to recovery more quickly than some on Wall Street may have expected.
Halah Touryalai, Forbes StaffHow read your counterpart's nonverbal signals.
Age is all about perspective. At 40, I am ancient, old to a 20 year old, but I am delightfully spry to a 60 year old. It all depends on your vantage point. So, what is your perspective when I tell you I vividly remember an episode of The Twilight Zone that has stuck with me to this day. In it, a man dies and is greeted by an angel who tells him he has died and he can have whatever he wants. He wants to go gambling - he wins every time. Luxury accommodations, beautiful women on his arm - done. [...] read »
Despite the fact that the company's stock has surged nearly 200% during the past year, Netflix Inc. (NFLX) appears to have become a whipping post for every bear on Wall Street. Citing reasons ranging from increased competition to rising content acquisition and delivery costs, many traders believe that NFLX's breakneck rally has to end; and sooner rather than later if short sellers like Whitney Tilson have anything to say about it. read »
You got your simple Financial Industry Regulatory Authority ("FINRA") arbitration captions. You got your complicated ones. read »
Evercore Partners analyst Andrew Marquardt expected Wells Fargo to report first-quarter earnings of 66 cents per share Monday, right in line with the Wall Street consensus, and yet the firm's 67 cents per share still came as a disappointment. read »
Dante DeMiro, age 43, was the founder and managing director of MuniVest Financial Group and MuniVest Services LLC in Southfield, Michigan, where he served as an investment adviser to various municipalities, credit unions, school districts, and trade unions. From at least March 2009 to September 2010, DeMiro falsely promised multiple clients that he would purchase millions of dollars in certificates of deposit (CDs) for investment on their behalf. Among his victims were municipalities, a school district,[...] read »
David Lehrer alleged that on or about June 16, 2006, he voluntarily terminated his employment with Piper Jaffray & Company. In accordance with the terms of a Piper Jaffray “Team Agreement,” Lehrer submitted with his resignation letter two checks as payment for a balance owed to Piper Jaffray. Thereafter, Lehrer joined Morgan Stanley. read »