For Morgan Stanley, playing it safe pays off


- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. | Video

Chipmaker AMD's quarterly results beat Street, stock jumps

SAN FRANCISCO - Advanced Micro Devices Inc's first-quarter results beat expectations, sending its shares higher as the chipmaker tries to replace dwindling sales of PC chips with its processors for game consoles.

17 Apr 2014

Goldman Sachs profit falls 11 percent but beats estimates

- Goldman Sachs Group Inc reported an 11 percent drop in quarterly profit as client activity remained constrained and fixed-income revenue shrank, but both earnings and revenue beat market estimates and the Wall Street bank's shares rose.

17 Apr 2014

Morgan Stanley profit soars on wealth management, trading

- Morgan Stanley reported a 55 percent jump in first-quarter earnings as higher revenue from its institutional securities business augmented another strong quarter from wealth management, sending shares in the Wall Street bank higher.

17 Apr 2014

Blackstone earnings rise 30 percent on private equity gains

NEW YORK - Blackstone Group LP , the world's largest alternative asset manager, reported a 30 percent increase in first-quarter earnings on strong gains in its private equity arm which more than offset small declines in its real estate unit.

17 Apr 2014

GM's first-quarter global vehicle sales rise on China strength

DETROIT - General Motors Corp said on Thursday that its worldwide vehicle sales rose 2 percent in the first quarter as fast-growing demand in China offset lower sales in the Americas.

17 Apr 2014

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