<< Read Full Article

Morgan Stanley Still Needs to Prove Itself

Stock quotes in this article: MS , LEH , BSC , GS , MA  

Morgan Stanley's (MS Quote) earnings promise a respite from Wall Street's subprime worries.

The white-shoe brokerage firm is due to post numbers early Wednesday. Analysts expect the company to earn $2.01 a share, up 15% from the year-earlier quarter.

The news comes as CEO John Mack heads into his third year atop the New York firm. Investors have been pleased with Mack's emphasis on the higher-margin asset management and retail brokerage businesses as well as his decision to spin off the Discover credit card business. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services