MS

Investment by Individuals Stumbles

Warren BuffettThe improvement in stock prices has done nothing to bring the investment in equities by individuals higher at all. As a matter of fact, participation...

CEO Pay: JPMorgan's Dimon Earned His Big Money

The average person may find it hard to imagine what big company CEOs do to justify their massive pay packages. Shareholders often ask a similar question: Why pay executives so much when the returns they produce are often so modest? But that's a question that doesn't apply to JPMorgan Chase CEO Jamie Dimon.

The Dow Snaps Its
Two-Day Losing Streak

Stocks closed mixed Friday as better-than-expected earnings from General Electric helped the Dow and S&P 500 snap two-day losing streaks, but the Nasdaq closed lower after disappointing results from Advanced Micro Devices.

Morgan Stanley Earnings Come Up Short

Morgan Stanley posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a market that's been low on volume for months. On an adjusted basis, the world's biggest brokerage missed Wall Street's forecast.

Morgan Stanley Earnings Preview: Profits Will Fall

Morgan Stanley is expected to report sharp declines in third-quarter earnings and revenue ahead of Wednesday's opening bell, hurt by months of weak trading activity. The financial giant is forecast to post earnings of 15 cents a share, less than half the 38 cents a share booked a year ago.

Goldman Sachs Bans Swearing in Emails

The firm will use screening tools to detect common swear words and acronyms, joining several others, such as Morgan Stanley and JPMorgan Chase, that already have such rules about keeping email clean.

Kenneth Feinberg Tries to Shame Wall Street

A new report from pay czar Kenneth Feinberg looks at compensation practices at 17 banks that received federal bailouts, and it's not a pretty picture: The banks made an estimated $1.6 billion in "ill-advised" payments.

Morgan Stanley Earnings Preview: A Return to Profits

Morgan Stanley is expected to swing back to profitability in the second quarter when it releases results ahead of Wednesday's opening bell, but like other Wall Street giants, its revenues from trading likely swooned along with the market in spring and early summer.

GS No. 1 in M&A

Despite fraud charges and adverse publicity over bonus payments, Goldman Sachs has reclaimed its position as top global mergers and acquisitions advisor for the first half of 2010.

Probe Into Big Banks Widens

Federal prosecutors are looking into whether banks misled investors about their roles in mortgage-bond deals. Targeted banks include Citi, JPMorgan Chase, and UBS. At the same time, New York's Attorney General is launching a separate probe of whether some banks misled ratings agencies.

Feds Probe Morgan Stanley

Morgan Stanley weathers investigations into sales of securities, joining Goldman Sachs on the list of Wall Street firms scrutinized by the SEC.

Impressive Results for Two New MS Pills

There is still no cure for the chronic disease multiple sclerosis, but separate late-stage studies on two different experimental drugs show them both to be effective at slowing it down. If approved by the FDA, the pills will be the first oral treatments available for the disease.