earnings report

Oh, Morgan Stanley Reported Earnings

Morgan Stanley reported net income of $1.85 billion, or 99 cents a share, for the first quarter, which, when compared with the $17 million loss they declared last year at this time, seems like a lot, but when compared with the results posted by Goldman and even Citigroup this quarter, seems as weak as CEO James Gorman’s chin. [Morgan Stanley, WSJ]

Oh, Morgan Stanley Reported Earnings