FINANCIAL BANKING CRISIS DIFFERING RESULTS
April 22, 2009 - United States
Morgan Stanley has reported a net loss for the first quarter of 2009 of $177 million, or $0.57 per diluted share, compared with their net income of $1,413 million, or $1.26 per diluted share, the previous year. Net revenues were $3.0 billion, 62% below 2008's first quarter. Non-interest expenses of $3.9 billion have decreased 33% from that year. Compensation expenses of $2.1 billion have decreased to 46%, and non-compensation expenses decreased 9%, reflecting the lower levels of business activity and firm-wide initiatives to reduce costs. The results for the current quarter have been compared with the results of the first quarter of 2008. Wells Fargo has confirmed that it has made a record profit of $3.05 billion in the first quarter of 2009. The bank had announced that it would be making $3 billion because of the better-than-expected results at newly-acquired lender Wachovia. Revenue for the period has totalled $21 billion. These profits have reflected the business momentum that came from the newly combined Wells Fargo-Wachovia.
BAY OF PIGS
April 22, 1961 - Cuba
President Fidel Castro of Cuba will make his first public announcements since the insurgent forces invasion on the bay of Pigs last week on TV and Radio nationwide, also the Russian leader Khrushchev has denounced the invasion and has stated publicly that he holds the United States directly responsible for this gangsterism against Cuba.
MEMBER LOGIN
RANDOM QUOTES
A Change is Gonna Come
by Meredith Grey
"...Change; we don't like it, we fear it, but we can't stop it from coming. We either adapt to change, or we get left behind. It hurts to grow, anybody who tells you it doesn't is lying. But here's the truth: Sometimes the more things change, the more they stay the same. And sometimes, oh, sometimes change is good. Sometimes change is everything...."
The wealth of the nation
by Earth Day, Gaylord Nelson
"...The wealth of the nation is its air, water, soil, forests, minerals, rivers, lakes, oceans, scenic beauty, wildlife habitats and biodiversity that'as all there is. That'as the whole economy. That'as where all the economic activity and jobs come from. These biological systems are the sustaining wealth of the world...."
RANDOM FACTS
Salary
about Steve Jobs
Steve Jobs' annual salary was $1, just enough to keep company health benefits.
Cancer Facts & Figures
about Besides Lung Cancer
Besides lung cancer, tobacco use also increases the risk for cancers of the mouth, lips, nasal cavity (nose) and sinuses, larynx (voice box), pharynx (throat), esophagus (swallowing tube), stomach, pancreas, kidney, bladder, uterus, cervix, colon/rectum, ovary (mucinous), and acute myeloid leukemia.
Farm Equip :
Choose Your Color :
Category Information : Farm Equip
This is our Farm Equip category. If you are interested in Farm Equip, feel free to browse these listings. If you have a site that fits within this category, Submit it for inclusion.
Modern Farm Equipment exists to support the farm community through the sale of new and Used Equipment, and to back the sale with parts and efficient service. Our goals include to grow and prosper i...
TractorHouse is your headquarters for farm equipment used and new, including any John Deere tractor, tractor parts, used tractors for sale, farm tractor parts, used tractors including any Massey tr...
Manufacturer and Supplier of Massey Ferguson Tractor Parts, Tractor Parts Includes Engine Parts, Transmission Parts, Suspension Parts and more. We are One of the leading suppliers of spare parts, c...
Open a Citizens Bank account and discover convenient online banking features and the personal finance options that you deserve. Choose a checking account or high interest savings account that fits ...
A group of people with the same desire to help rescue and save small breed dogs from high-kill shelters throughout the united states and find them loving forever homes. We are always looking for vo...
Unfortunately just like humans our pets will age too. With the aging process comes health problems and with health problems comes very expensive vet bills. Research you dog