Morgan Stanley's (MS) Gorman: Facebook Shares Will 'Keep Recovering'
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UPDATE: Morgan Stanley (MS) Tops Q4 EPS by 18c
January 18, 2013 7:15 AM EST(Updated - January 18, 2013 7:24 AM EST)
Morgan Stanley (NYSE: MS) reported Q4 EPS of $0.45, $0.18 better than the analyst estimate of $0.27. Revenue for the quarter came in at $7 billion versus the consensus estimate of $7.02 billion. Excluding DVA, Fourth Quarter Net Revenues were $7.5 Billion.
Compensation expense of $3.6 billion in the current quarter declined from $3.8 billion a year ago. Non-compensation expenses of $2.5 billion increased from $2.3 billion a year ago.
Institutional Securities reported a pre-tax gain from continuing... More
Stocks Crossing 50-Day SMA 01/16: (MCP) (SWKS) (SE) Above; (BA) (MSFT) (T) Below
January 16, 2013 3:36 PM ESTCrossing and above:Molycorp Inc. (NYSE: MCP) - up 3.6 percent. Shares moving comfortably over the $9 level, aiming for $9.50, which provided a little bit of support toward the middle of 2012. A Japanese mining company noted a large store of rare earths were found in Jamaica.... More
