Morgan Stanley profit falls on compensation costs, tax provision
Morgan Stanley reported an 8.5 percent fall
in quarterly profit, hurt by a rise in
compensation costs and as the sixth-la
rgest U.S. bank by assets set aside
more money to cover taxes.
•Halliburton profit falls 93 pct
on lower drilling activity, charges
The oilfield services provider reported a
93 percent fall in quarterly profit as oil
producers pummeled by a steep decline in oil prices cut drilling activity, and
the company incurred about $400 million in charges.
Greek banks reopen as Tsipras eyes return to normal
Greeks queued outside banks as they reopened three weeks after closing to
stop the system collapsing, the first cautious sign of a return to normal after a
deal to start talks on a new package of bailout reforms.
Toymaker Hasbro's sales fall 4 pct due to strong dollar
The U.S. toymaker reported a near 4 percent fall in quarterly revenue, hurt by
the strong dollar.
Barclays has not set new target for job cuts -sources
Barclays has set no new targets to cut jobs beyond the 19,000 redundancies
which it announced in May last year, sources familiar with the matter said on
Monday, playing down a report of further reductions.
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