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
Until a man duplicates a blade of grass
by Earth Day, Thomas Alva Edison Inventor
"...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."
Happiness
by Thomas Jefferson
"...Our greatest happiness does not depend on the condition of life in which chance has placed us, but is always the result of a good conscience, good health, occupation, and freedom in all just pursuits...."
RANDOM FACTS
Harvard Medical School
about Eyesight Myth and Fact
Myth: Staring at a computer screen all day is harmful to the eyes.
Fact: Spending the day staring at a screen can tire or strain your eyes, but it will not hurt them. Make sure lighting doesn't create a glare on your screen. When spending long periods at your keyboard, take a break now and then to rest your eyes to reduce fatigue. Also, don't forget to blink. Your eyes need to stay lubricated to feel comfortable.
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.
Astrology :
Choose Your Color :
Category Information : Astrology
This is our Astrology category. If you are interested in Astrology, feel free to browse these listings. If you have a site that fits within this category, Submit it for inclusion.
Get accurate astrology readings to know your best compatible sector for careers in business, Job etc. by celebrity astrologer Sachin Bholle, having experience of more than 11 years in horoscope rea...
The New Year 2015 horoscope is here to help you find ensured and successful predictions for 2015. They are also here to help you gain an invaluable insight into those details that might help you sh...
You will be able to get the accurate and relevant information on your free Horoscopes 2015 related to love, education, family life, business and many more areas. Free Horoscope guide also provides ...
Search Office Space was founded in 1993 by Richard Smith in order to bring together all elements of the serviced office space market into one convenient single point of contact, with clients having...
Associated transformers is a leading Transformer Manufacturing Company in Tamilnadu, India. Lead the industry in manufacturing of various types of transformers like Distribution, Furnace/ Rectifier...
The course of the River Thames as we know it today was created about 10,000 years ago, by melt water from the ice-sheets that covered much of the United Kingdom during the last ice-age...
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