New CEO of Morgan Stanley faces tough choices on strategy
Article Abstract:
John Mack has been appointed Chief Executive Officer at Morgan Stanley of the United States. The securities interest has been the center of a top management struggle for four years. Mr. Mack has indicated he will not dissolve the financial supermarket and the immeadiate goal is to stabilize the company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Morgan Stanley's earnings slide 83% on charges
Article Abstract:
Morgan Stanley of the United States posted a loss of 83 percent for 3rd quarter earnings, although net income rose 36 percent to $1.2 billion. The losses are due to a management upheaval concerning charges for an aircraft company sale and changes to executive compensation packages.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Morgan Stanley net rises 70 percent helped by higher trading volumes
Article Abstract:
Morgan Stanley of the United States posted stellar increases in net profit by 70 percent for the first quarter to $2.67 billion from $1.57 billion last year. Strong revenues at the securities giant were due to increased trading volumes particularly from residential mortgages.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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