Morgan Stanley (MS-NYSE) is expected to post earnings per share of $1.98 on revenues of $9.85 Billion. If you compare Morgan Stanley shares to last Monday’s close before we had any of the competing earnings out of other Wall Street firms, shares were at $88.54. That is less than 1% higher than today’s $87.80 close and almost exactly in-line with the $88.50 close yesterday.
Since Monday of last week we have seen the following brokers perform as follows:
Lehman Bros. (LEH-NYSE) $81.30 close today; $75.68 last Monday before its earnings
Bear Stearns (BSC-NYSE) $146.79 close today; $148.39 last Monday and $149.49 before its earnings.
Goldman Sachs (GS) $229.47 close today; $227.85 last Monday and $233.64 before its earnings.
Jon C. Ogg
June 19, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.