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stanley
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Morgan Stanley’s Performance Worsens
Morgan Stanley, who is currently searching for a replacement for recently ousted CEO Philip Purcell, reported its biggest decrease in quarterly profits in nearly four years.
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Morgan Stanley CEO Steps Down
Morgan Stanley CEO Philip Purcell sent a letter sent around to employees of the company announcing his plans to retire. Lately he has faced a lot of criticism.
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Purcell Leaving Morgan Stanley
After much criticism from shareholders, Morgan Stanley CEO Philip Purcell has announced that he plans to retire in a letter sent to employees of the company.
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Morgan Stanley Ordered To Pay $1.4 Billion, Confident About Appeal
Yesterday, Morgan Stanley was ordered by a Florida jury to pay investor Ron Perelman an additional $850 million bringing the total to $1.4 billion in damages.
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Morgan Stanley Gets Hammered For $1.4 Billion
Morgan Stanley was ordered today by a Florida court to pay an additional $850 million to billionaire investor Ron Perelman. This brings the total to $1.4 billion in damages.
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Morgan Stanley To Pay $604 Million In Lawsuit
Morgan Stanley was ordered to pay investor Ron Perelman $604 million, and said it is now reassessing the amount of funds it has set aside for this expense.
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Morgan Stanley Posts Results
Morgan Stanley reported net income of $1,468 million for the quarter ended February 28, 2005, up 20% from the first quarter of 2004 and 22% from the fourth quarter of 2004.