(Reuters) - Morgan Stanley reported record first-quarter profit on Wednesday thanks to a surge in trading activity, much like other Wall Street banks, but executives warned results through the rest of the year may not be quite as strong.
(Reuters) - The benchmark S&P 500 index posted slight gains on Wednesday, helped by gains from industrial and energy stocks, but IBM's disappointing results and a sell-off in semiconductor stocks weighed on the Nasdaq and the Dow.
DETROIT (Reuters) - Volkswagen AG unit Electrify America will install electric vehicle charging stations at more than 100 Walmart Inc store locations in 34 U.S. states by mid-2019 as part of Electrify's plans to bolster charging infrastructure across the country, the two companies said on Wednesday.
(Reuters) - U.S. stock indexes opened higher on Wednesday after the latest batch of earnings including Morgan Stanley added to optimism about the U.S. corporate reporting season, while a jump in oil prices lifted energy stocks.
(Reuters) - Morgan Stanley tracked arch rival Goldman Sachs in delivering stronger-than-expected results on Wednesday, but sounded a note of caution about the impact of trade tensions and geopolitical concerns on future trading revenue.
(Reuters) - Chinese smartphone maker ZTE Corp on Wednesday postponed the release of quarterly earnings, saying it needs time to assess the impact of a U.S. government order that bans American companies from selling it parts.
(Reuters) - Abbott Laboratories' first-quarter profit and sales beat analysts' estimates on Wednesday but some investors were disappointed as the healthcare company maintained its full-year profit forecast.
(Reuters) - Morgan Stanley posted a better-than-expected first-quarter profit on Wednesday, as its trading business drew strength from increased market volatility in line with other major banks.
DUBAI/LONDON (Reuters) - Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement's original target is within sight.
(Reuters) - U.S. stock futures rose on Wednesday after the latest batch of results including Wall Street bank Morgan Stanley added to optimism about the U.S. corporate reporting season.