Morgan Stanley's profit of $1.41B tops forecasts (AP)
Morgan Stanley said Wednesday its first-quarter profit surged to $1.41 billion on strong results from its trading operations. The investment bank easily topped analysts' expectations. us.rd.yahoo.com |
Policy rates ready to rise in emerging countries (at FT.com)
Emerging market central banks are poised to reverse the monetary stimulus measures taken to boost their economies, but there could be surprises on which will be the earliest - and most aggressive - movers, according to Manoj Pradhan, economist at Morgan Stanley. us.rd.yahoo.com |
Diamond crowned
[at Financial Times] - If the timing of John Varley's departure as Barclays' chief executive came as a surprise, his successor's identity should not have been in any doubt. Bob Diamond is entirely the logical successor to the mild-spoken Brit. us.rd.yahoo.com |
Apollo Investment credit facility increases $50M
[AP] - Apollo Investment Corp. said Thursday it has received additional commitments of $50 million under its existing senior secured revolving credit facility. us.rd.yahoo.com |
Wilhelmina Provides Gross Billings Update
[PR Newswire] - Wilhelmina International, Inc. today announced that the Company is poised to report that, for the quarter ended September 30, 2010, gross billings of Wilhelmina International, Ltd. and its affiliated companies increased approximately $3.8 million, or 38%, respectively to $13.8 million, compared to $10.0 million for the quarter ended September 30, 2009. us.rd.yahoo.com |