Morgan Stanley Posts Loss of 558 Million

Despite showing improvements in its major <a href="http://www.newerahatstock.com/"><strong>wholeslae new era hats</strong></a> divisions, Morgan Stanley reported a loss of 558 million on Thursday, as the investment bank continued to deal with the after effects of the financial crisis.The loss stems from a deal struck earlier this year with Mitsubishi, which had provided a much-need cash infusion at the depths of the disaster. With the new agreement, Morgan Stanley freed itself <a href="http://newerahatstock.com/dc-hat-c-12.html"><strong>dc hat</strong></a> of a costly ongoing burden, but got saddled with a 1.7 billion one-time hit in the quarter.The financial firm posted a loss of 0.38 a share. Still, the results are notably better than the expected loss of 0.61.More importantly, <a href="http://newerahatstock.com/coogi-hat-c-11.html"><strong>coogi hat</strong></a> Morgan Stanley’s underlying business all notched gains, with the bank’s revenues up 17 percent from the prior quarter to to 9.3 billion. It marks the first time the bank’s revenues trumped those of Goldman Sachs since 2008."While global markets remained <a href="http://jamianhudson.com/displayimage.php?pos=-139"><strong>Morgan Stanley Posts Loss of 558 Million</strong></a> challenging this quarter, the firm delivered higher year-over-year revenues across our three major business segments. ," James P. Gorman, the bank's chief executive, said in a statement.