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  • Morgan Stanley 2Q profit falls 8.5 percent Monday, 20 Jul 2015 | 7:26 AM ET

    NEW YORK— Morgan Stanley's second-quarter results topped Wall Street's expectations Monday, as the investment bank's trading and wealth management businesses helped lift revenue. While Morgan Stanley's profits fell 8.5 percent, that drop was largely because to a tough comparison to the year before, when the bank had a one-time tax benefit.

  • July 20- Morgan Stanley reported an 8.5 percent fall in quarterly profit, hurt by a rise in compensation costs and as the sixth-largest U.S. bank by assets set aside more money to cover taxes. Morgan Stanley, the last big U.S. bank to report second-quarter earnings, said its net income from continuing operations applicable to the company fell to $1.67 billion, or 85...

  • BEIJING— Asian stocks mostly drifted lower Monday as investors put Greece's debt crisis behind them to focus on the outlook for interest rates, corporate earnings and China's economy. Seoul's Kospi was off 0.2 percent at 2,071.87 and Bangkok, Taiwan and Manila also fell. Sydney's S&P/ASX 200 added 0.1 percent to 5,675.20 and Singapore and New Zealand also rose.

  • Traders work on the floor of the New York Stock Exchange.

    About a quarter of all S&P 500 companies will report earnings in the coming week, which could be a boost for stocks.

  • David Darst: Market needs this to hold momentum Friday, 17 Jul 2015 | 5:29 PM ET
    David Darst

    David Darst is constructive on the second half of the year, but he said earnings are key.

  • NEW YORK, July 17- Google Inc's strong quarterly results, which unleashed a massive surge in its shares on Friday, has investors feeling upbeat heading into next week's tech-heavy slate of earnings reports. Among the numerous tech companies releasing earnings next week are International Business Machines, Microsoft Corp and Apple, all of which are expected to...

  • SAN FRANCISCO— Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects. That barely topped the previous record one-day gain of $65 billion by Cisco Systems Inc. in April 2000 after the computer networking...

  • *Company valued at $471.50 bln at record high of $703. July 17- Google Inc's shares soared as much as 16.8 percent on Friday, crossing the $700 mark and adding nearly $68 billion to its market value, as strong growth in YouTube viewership allayed concerns about Facebook Inc's push into video. Google's shares hit a record high of $703, valuing the company at $471.50...

  • July 17- General Electric Co raised its 2015 outlook for its industrial manufacturing businesses on Friday as it reported a 5 percent increase in its quarterly industrial profits, helped by stronger performance in its power division offsetting weak oil segment results. Investors are focused even more greatly on the U.S. conglomerate's manufacturing of...

  • SAN FRANCISCO, July 16- In her much-awaited first remarks to investors on Thursday, Google Inc finance chief Ruth Porat stressed keeping expenses under control, which helped send the company's stock to record highs in after-hours trading. Porat joined Google in May after serving as Morgan Stanley's chief financial officer for five years.

  • Google shares jump 10% as profit beats expectations Thursday, 16 Jul 2015 | 4:02 PM ET
    Google headquarters in Mountain View, California.

    The Internet and technology giant posted earnings of $6.99 per share on revenue that slightly missed, at $17.73 billion.

  • *2nd- qtr earnings $1.98/ shr vs $4.10 year earlier. July 16- Goldman Sachs Group Inc reported its smallest quarterly profit in nearly four years on Thursday as it set aside more than $1 billion to cover potential mortgage settlements, and nervous investors pulled back from bond trading. JPMorgan Chase& Co has already agreed to settle for $13 billion, Bank of America...

  • Goldman Sachs earnings hit by litigation costs Thursday, 16 Jul 2015 | 9:22 AM ET
    goldman-sachs-nyse-sign-200.jpg

    Goldman Sachs on Thursday posted quarterly earnings that fell sharply from the previous year, hit by a large litigation charge.

  • BRASILIA, July 15- Brazil's investigation of an alleged currency cartel formed by 15 of the world's largest banks could expand to more financial institutions but it is unlikely to result in trading bans, the head of antitrust watchdog Cade told Reuters on Wednesday. Vinicius Carvalho, making his first public comments on the investigation, said the case was...

  • MUMBAI, July 16- A crack team of regulators and specially trained state police are spearheading India's efforts to stamp out the country's "shadow" market in shares and commodities, turning up the heat on backstreet traders who threaten the broader financial system. Though brushing off comparisons, regulators and brokers acknowledge China's dramatic stock...

  • Will Google investors start to demand cash? Wednesday, 15 Jul 2015 | 3:05 PM ET
    Google headquarters.

    Google's new CFO hasn't had time to make a big impact, but if growth doesn't speed up, investors will be turning her way.

  • *Litigation expenses fall to $175 mln from $4 bln. July 15- Bank of America Corp, the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four years as expenses fell to their lowest since the financial crisis. Litigation expenses fell to $175 million from $4 billion a year earlier, allowing the bank to reap the benefits of the cost cuts introduced...

  • July 15- Bank of America Corp, the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four years on Wednesday as mortgage banking revenue soared and expenses fell to their lowest since the financial crisis. Net income attributable to the bank's shareholders more than doubled to $4.99 billion, or 45 cents per share, in the second quarter ended...

  • The yen inched lower to 123.53 yen per dollar after the Bank of Japan trimmed its growth forecasts but gave a balanced and little changed account of the economic outlook, while traders awaited testimony by the U.S. Sterling, already a major outperformer on Tuesday after Bank of England officials spoke of the growing likelihood of interest rate hikes, rose to its...

  • FOREX-Aussie improves on China GDP, eyes on Yellen Wednesday, 15 Jul 2015 | 4:04 AM ET

    LONDON, July 15- The Australian dollar tiptoed close to its highest in two weeks on otherwise quiet major currency markets on Wednesday, supported by stronger data out of China as traders awaited a speech by U.S. Federal Reserve chair Janet Yellen. Sterling, a major outperformer on Tuesday after Bank of England officials spoke of the growing likelihood of...