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Morgan Stanley quarterly profit goes down 59 pct

Morgan Stanley quarterly profit goes down 59 pct. Morgan Stanley Group Inc announced a 58.8 % slide in quarterly profit on Thursday, as the bank took a one-time provision of about $1.2 bn for the fresh unite states tax law. Net revenue fell to $686 mn or 29 cents per …

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Mothercare issues profit caution as Christmas discounts sink

collected by :Victor Alphen Mothercare issues profit caution as Christmas discounts sink. Like-for-like discounds fell 7.2% year-on-year, When on-line discounds fell 6.9%. Mothercare told it had reduced its total Britain retail space to 1.4m sq ft in its store closure program & which total discounds were reduce as a result. …

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Adobe profit wins on Dominance in its digital media business

collected by :Victor Alphen Adobe profit wins on Dominance in its digital media business. Photoshop producer Adobe Systems on Thursday announced a better-than-expected quarterly income & profit, driven with Dominance in its digital media business, that houses its flagship output inventive Cloud. Revenue from Adobe’s digital media business rose 29.2 % …

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