Wednesday, April 12, 2006

Morgan Stanley Reports (Structured settlement company) First Quarter Results; Record Net Revenues of $8.5 Billion, up 24%; Record Revenues in


Morgan Stanley Reports First Quarter Results; Record Net Revenues of $8.5 Billion, up 24%; Record Revenues in
Morgan Stanley (NYSE: MS) today reported net income for the first quarter ended February 28, 2006 of $1,636 million, up 17 percent from the first quarter of 2005. Net revenues (total revenues less interest expense and the provision for loan losses) were a record $8.5 billion, 24 percent above last year's first quarter.
Source: www.finanznachrichten.de

Oil Fund Too Risky for Average Investors
WASHINGTON - A new financial instrument aimed at those pining to profit from the multiyear surge in oil prices is distressing energy and stock-market experts because of the allure _ and risks _ it presents to average investors.
Source: www.nctimes.com

IMF warns over credit derivative liquidity
LONDON, April 11 (Reuters) - Investors in structured credit products risk not being able to sell or obtain an acceptable price following a market downturn because buyers may shun the fast-growing market, the IMF said on Tuesday.
Source: asia.news.yahoo.com

MassMutual's San Francisco Bay Area Agency Scores Fourth Consecutive Chairman's Trophy
The MassMutual Financial Group announced that its San Francisco Bay Area Agency, under the leadership of General Agent Robert Fakhimi, has earned a fourth consecutive Massachusetts Mutual Life Insurance Company's National Chairman's Trophy.
Source: biz.yahoo.com

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