U.S. Day Ahead: Morgan's CEO Gorman may have to go further
Thursday, January 17, 2013 - 02:36
Jan. 17 - Morgan Stanley shareholders want to see more cost cutting at the bank after boss James Gorman deferred bonuses for some of his investment bankers.
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Don't need the money that is what investors want from Morgan Stanley -- -- form and when the bank reports results. They don't look too exciting earnings are expected to be flat from last quarter shareholders. Want value for their money especially after Morgan Stanley said it would -- -- bonuses worth some of its investment bankers. For three years. So with a more Pakistani political -- -- Netscape gold on the other day slashed compensation levels. To me shall at best it's funny got a decent most times tons of follow worst it's a different pace finally -- is the future because they have done the money in future. -- those two girls tennis dresses wanna see that moment it's gonna cut the federal level of -- as well. Investors are -- behind the bank Morgan Stanley shares are up 5% since the start of the year still underperforming its arch rival -- -- -- -- Had expected a different story from General Electric stuff animal when it reports earnings the largest US conglomerate is expected to see its profits rise by 10%. From a year ago thanks to improve sales and better margins pay attention to my GE says about order rates. That's measure future sales site indication orders and jet engines like turbines in the like. Analysts look for equipment orders BF eight to 10% in the quarter excluding wind which is going to be down due to expiration of the tax and order rates would tell you a lot about how -- can hold up in the course and -- the economy of the rest of the year. And GE shares 25 per cent since the start up last year. So yeah the infamous and over used fiscal cliff -- lessen the worry if -- -- -- feeling better about the economy I -- expect the Thomson Reuters University of Michigan consumer sentiment index to rise to 75. But bear in mind that Americans might not available fact of the tax hikes on their paychecks. Until the end of the month the final reading comes out in February. I FR said in the index falls below seven -- that went down to unlock. Us on Twitter writer is insider and catch our interviews with top market movers on Reuters TV. Such terms can be disastrous for presidents Nixon and Clinton reg and all have problems. On Friday we look at why it happens and whether naked in -- President Obama. I'm holiday mom this is just.
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