Join the Topix community today: 

Sign Up

 | 

Sign In

Become a Topix Editor today!

topix
Advertisment

Forum & Polls

News

NewsWire

Morgan Stanley

Wednesday Apr 30

Purchase of troubled Bear Stearns may lead to $1 billion in profits

JPMorgan Chase & Co.'s acquisition of Bear Stearns Cos. "should be a home run'' and may add $1 billion in earnings to the third-largest U.S. bank, according to Morgan Stanley. via Asbury Park Press

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Morgan Stanley Discussions
Topic Updated Last By Comments
Kenya: Safaricom Sale Opens On Friday Mar '08 Mike 1
Wall Street banks slashing workforces -- Financ... Mar '08 Paul Mendez 1
Wall Street banks cut thousands of jobs Mar '08 DAS 8
3 investment banks tap new Fed loans Mar '08 ALFRED E NEWMAN 3
Investment firms grab loan lifeline from Fed Mar '08 robert guinto 1
Chrysler and Ford ready for worse Mar '08 hyonda 1
Morgan Stanley shows strong profits Mar '08 CBB 2