Morgan Stanley Earnings Rise 60%, Top Estimates

Morgan StanleyMorgan Stanley said Thursday that its earnings increased 60 percent during the last three months of 2010 on strong investment banking results.

Morgan Stanley's net income available to shareholders was $600 million, or 41 cents a share, on revenue of $7.8 billion in the fourth quarter. That was more than analysts' expectations of 40 cents a share on $7.4 billion in revenue, according to analysts surveyed by FactSet.

Morgan Stanley's results were in contrast to those from rival Goldman Sachs Group Inc., which reported weak investment banking results in its earnings release Wednesday.

Morgan's revenue from debt underwriting increased 15 percent to $370 million, mostly because of increased junk bond issuance, while revenue from equity underwriting rose 5 percent to $661 million.

However, its revenue from advising on such activities like mergers and acquisitions dropped 9 percent to $484 million.

Morgan netted $1.1 billion from equity sales and trading, up from $774 million in the same quarter last year.

The investment bank paid $16 billion in bonus and fees to its employees for the year, up from $14 billion a year ago. The bank said that it had restructured how it compensates employees by including a provision where it can take back a portion of the pay if employees didn't meet goals and standards.

It also reduced cash bonuses and increased the amount of deferred compensation. In 2010, the average amount of deferred compensation increased to 60 percent from 40 percent in 2009.

Morgan's stock gained 40 cents, or 1.4 percent, to $28.15 in pre-market trading.

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americandoo

"TIME FOR BIG INVESTORS TO STEP UP TO THE PLATE LEAD AMERICA BY
INVESTING IN AMERICA"



"WHEN YOU INVEST IN AMERICA YOU INVEST IN YOUR
CHILDREN'S FUTURE"

"INVEST IN A LARGE PROJECT THAT WILL MAKE A DIFFERENCE FOR THE FUTURE"

Similar to this idea;

In past history when the USA needed a Moral Boost to our Country we built such
things as;

The Largest Bridges, Dams, Statue Of Liberty, Worlds Largest Futuristic
Fair, Landed on the Moon etc. It is overdue for us and time for us to build the
Largest & Best Futuristic CITY IN THE WORLD, using ALL OF OUR CUTTING EDGE
TECHNOLOGY AND ALL OF CHINA'S, GERMANY, RUSSIA and all other Countries CUTTING
EDGE TECHNOLOGY and BEYOND ALL OTHERS ! !

We need to find a location in the USA somewhere that has the space for our
"FUTURE CITY PROJECT" where our Future City will Utilize all of the Newest and
Cutting edge combined technology in the world to build our City using entirely
GREEN energy with 0 pollution

Our City Could Have A NEW VERSION OF THE STATUE OF LIBERTY, Holding the torch
in one hand and our GREEN PLANET EARTH in her other hand, her head raised high
looking Up at the sky.

This would make a GREAT FILM & Could be based on a True Story with the help of A
TEAM OF BIG MONEY INVESTORS ! ! !

Use your Imagination and think how GREAT THIS WOULD BE FOR AMERICA & OUR
ECONOMY ! !

" COULD BE A HISTORICAL EVENT IN OUR HISTORY BOOKS FOR OUR NEXT GENERATION
TO FOLLOW"

"DREAM BIG...DO BIG"

Thank You, Respectfully, Michael V. Caldwell, Proud American
Inventor/Dreamer..Dream Big..Do Big ! ! !

January 20 2011 at 11:36 AM Report abuse rate up rate down Reply
americandoo

"THINKING OUT OF THE BOX TO STIMULATE AMERICA'S HOUSING MARKET & ECONOMY"

"A VERY VIABLE IDEA & DOOABLE IDEA ! ! ! ! ! "


Why Not Kill 4 Birds With One Stone..

BANKS THAT OWN FORECLOSURES WOULD INSTALL NEW SOLAR SYSTEMS ON FORECLOSED HOMES NATION WIDE.

THESE SOLAR SYSTEMS HAVE TO BE MADE IN THE USA & BE INSTALLED BY AMERICAN'S WHO ARE UNEMPLOYED AND HAVE BEEN RETRAINED TO INSTALL SOLAR SYSTEMS AND THEY WOULD HAVE TO BE WORKING FOR; LICENSED SOLAR CONTRACTORS.

This Program would be offered to HOME OWNERS WHO LOST THEIR HOMES AND HAD GOOD OR EXCELLENT CREDIT BEFORE THEY LOST THEIR HOMES & ALSO FOR FIRST TIME BUYERS ONLY ! !


Independent Appraisers who have no interest in these foreclosed homes could place a value on these homes before the installation of these systems, this would insure that the banks could not pad the Price of the homes and other guidelines would have to be put in place, but this could work to help Stimulate the Economy, be Great for the Environment, Home Buyer's & Banks. "A WIN WIN FOR ALL"


1. This would give Investors and private individuals an extra incentive to buy
these homes thus stimulating the housing economy instantly.

2. This would put more Americans Back to work manufacturing more solar systems.

3. This would cut down on Pollution.

4. This would save money for the owners buying these homes on utilities.

Due to the initial expense of solar systems part of the cost would be added to the home loan, part would be paid by the bank and the government would give the

bank and the homeowner a tax break or whatever details that would be needed to work this out for everyone ! ! THINK POSITIVE THINK AMERICANDOO ! !

This IDEA could be duplicated World Wide putting AMERICA BACK ON THE FAST TRACK.. LEADING THE WAY AGAIN IN NEW INNOVATIVE IDEAS TO STIMULATE THE ECONOMY, PUT UNEMPLOYED TO WORK & HELP OUR ENVIRONMENT AT THE SAME TIME ! ! WINNER WINNER CHICKEN DINNER ! !


Thank You Respectfully, Michael V Caldwell, Always Striving To Be Part Of The Solution Using Respect, Common Sense & Ameri-Can Do Attitude ! !

January 20 2011 at 10:50 AM Report abuse rate up rate down Reply