Boston, MA 04/23/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS) is a global financial holding company, which has a miscellaneous client starting from individual to corporations, private to government institutions. Under the expertise management of CEO, Chairman of Board, James P. Gorman, Morgan released their 1Q2014 financial report on April 17, 2014.
Result of 1Q2013: much higher than expected:
It has been observed that the financial report for this quarter has created a remarkable benchmark. The company announced that compared to the 1Q2013, this year the earnings have increased by 18%. The significant rise of earning has undoubtedly cheered the employees, investors as well as well-wishers.
According to the officials, Morgan Stanley (NYSE:MS) has registered net revenue of $8.9 billion this quarter, which ended by March 31, 2014. Last year, the net revenue was a bit lower than this time. However, the earnings for every diluted share stand at $0.72. In the 1Q2014 report the company’s quarterly dividend increased to $0.10 per share, which again is a good indication.
CEO addressed the company’s multi-year strategy:
The company has also acknowledged that their overall performance in every business segment snatched the ranking. The CEO addressed that, in this quarter, the company has done a splendid job in all three business segments. He also added that the company will operate over multi-year strategy to deliver a consistent return to the shareholders. The management is quite sure that this success will put positive vibes on the performance of the company.
The Executive VP among the honoraries:
However, on April 17, 2014 Morgan Stanley (NYSE:MS) released news that was perfect to amplify the success story. The Executive VP of Morgan, Gregory J. Fleming, is selected as a prominent name in the business community. The Council of Urban Professionals hosted its seventh Annual Leadership Gala on April 17, in Cipriani, where Gregory along with NBC News anchor, Natalie Morales was honored for their outstanding contributions in the business field.
The Gala is over, now it’s time to perform again and move forward for a better 2Q2014, by July!
This is Default Discalimer. Please update this from the Intrinio Plugin setting page