Morgan Stanley’s Future Seems Uncertain to Analysts

.

Morgan-Stanley

Though, Morgan Stanley has taken many essential steps, much aggressive ones, last year so that it could realize a boost in its profits, a recent report has claimed that its future growth is still uncertain.

The report says that the path towards the same is not clear. The corporation having its headquarters in the Morgan Stanley Building had introduced cuts in jobs up to thousands in count. It had even altered and improved major businesses along with selling costly assets.

Without a doubt, these efforts put in by the company proved beneficial for it and helped it earn some $481 million. This was a big achievement after a $275 million loss in 2011. However, profit was not very less in the year.

But, now its progress is being weighed by investors against the prospects, the report uncovers. It is being said that where the financial corporation could cut costs in many ways, it is facing challenges in terms of its core operations whether these are from internal or external forces.

The Japanese bank Nomura's analyst Glenn Schorr is of the opinion, "They are doing everything they can to boost returns. But given the environment and the state of their franchise, they can only do so much".

 


Latest News

Greece’s Interior Minister Says Greece will not be Able to Repay Debt Next Month
Nikos Voutsis, Greece’s Interior Minister
Rig Count in U.S Slows, Oil Trades Close to $60
Third Annual ‘March against Monsanto’ held on Saturday
In Response to Tuesday’s Oil Spill, Governor Jerry Brown
Ruptured Oil Pipeline Leads to 21,000 gallons of Oil Flowing into California Coa
Janet Yellen Awarded her Second Yale Degree
Japan’s Improved First-Quarter GDP Portrays a Recovering Economy
A Plane of Hawaiian Airlines Bound for Honolulu Made Emergency Landing in LAX af
U.S Supreme Court Ruling Says Employers Must Monitor Fees for 401(k) Accounts
Starbucks to Partner with Stopify for Music Streaming Services
Kering Sues Alibaba in the U.S Court for Selling Counterfeit Goods