Econchar Tprofitshigh112009

0 likes46 views

Wall Street profits are on pace for a new historic high in 2009, with the securities industry recovering much faster than expected according to New York's State Comptroller. In the second quarter, the industry set a new record with $57.7 billion in net revenues, a sharp increase from losses of $40.3 billion in 2008. The four largest investment firms earned $22.6 billion in the first three quarters of 2009 compared to losses the previous year.

Wall Street profits on pace
for new historic high
The industry is recovering ?much faster than expected��, says New York
State Comptroller �C second quarter sets new record at $57.7 billion

Highlights from
Net Revenues at Securities Firms the report
?The Securities Industry
in New York City��
60
Billions of Dollars
57.7
? The four largest
investment firms
in earned $22.6 billion
40 Q2 in 1-9/09 compared
to a loss of $40.3
billion in 2008
20 ? With less than
5% of the jobs in the
City in 2008 the
industry accounts for
Source: Office of the NYC State Comptroller 1Q 2005 to 2Q 2009 24% of all the wages
Nov. 20, 2009
GAPA NEWS

- US venture capital investment declined significantly in 2009, with few IPO exits and decreased M&A activity, continuing a difficult exit environment. VC investment levels and number of deals declined to levels not seen since the 1990s. - Protective investing increased as firms focused on supporting existing portfolio companies rather than new investments. Cleantech emerged as a new area of focus, outpacing software deals for the first time. - Global VC activity showed signs of increasing, particularly in China, where the number of IPO exits grew. However, the overall number of global exit deals declined slightly from 2008.

FHO Partners Midyear 2009 Market Reportfhopartners

The mid-year 2009 Market Watch for Boston indicates a significant downturn in the commercial real estate market due to the ongoing recession, with increased vacancy rates and decreased demand for office space. Both Boston and Cambridge are experiencing a softening market, reflected in declining rental rates and negative absorption figures, although some pharmaceutical companies continue to seek new space. The suburban market has also been adversely affected, with rising vacancy rates and fewer development projects on the horizon.

AES 2Q07 Reviewfinance19

AES Corporation reported strong financial results for the second quarter of 2007. Revenues increased 17% to $3.3 billion due to higher prices in New York and Latin America, favorable currency trends, and contributions from new businesses. Operating cash flow increased 19% to $526 million. Diluted EPS from continuing operations was $0.41. Adjusted EPS, which excludes certain non-operational items, was also $0.41. AES acquired over 800 MW of existing and pipeline generation capacity in the US, Turkey, and China during the quarter.

2012 q4 office manhattanMobiles12

The document summarizes the Manhattan office market in Q4 2012. It notes that 2012 saw sluggish leasing activity and a 25% drop in total leasing from 2011, largely due to economic uncertainty. While large transactions disappeared, fundamentals like the unemployment rate improved modestly. The forecast predicts continued modest declines in vacancy rates and rent increases in 2013, but smaller deals and slower job growth, especially in finance.

GE-2009 Annual Meeting of ShareownersManya Mohan

1) GE is operating in a very challenging global economic environment characterized by recession, high unemployment, declining home prices and negative GDP growth. 2) The financial crisis has resulted in huge losses across the banking system and a fundamental reset of the financial services landscape. Capital markets are also not functioning normally. 3) GE Capital is facing earnings pressure due to the economic downturn, but GE expects it to remain profitable in 2009. GE cut its dividend in 2009 in light of the deteriorating environment and loss expectations.

GE- 2009 Annual Meeting of ShareownersManya Mohan

Jeff Immelt and Keith Sherin addressed GE shareholders, positioning GE for long-term growth despite operating in a challenging economic environment. They outlined steps GE is taking such as reducing GE Capital's assets, investing in innovation and globalization, positioning in essential growth areas like clean energy, and maintaining competitiveness. The presentation focused on strategies to ensure GE's continued strength and leadership.

Morgan Stanley: Barclays Financial Services Conferenceinvestorrelation

Morgan Stanley's Co-President James Gorman and CFO Colm Kelleher presented at the Barclays Financial Services Conference. They discussed Morgan Stanley's strategic priorities which include optimizing Institutional Securities, successfully integrating the Morgan Stanley Smith Barney joint venture, restructuring Asset Management, and developing a strategic alliance with MUFG. They provided an update on the integration of Morgan Stanley Smith Barney, noting that cost synergies exceeded $1.1 billion and revenue synergies were $275 million. Gorman stated that Morgan Stanley Smith Barney is positioned to achieve industry-leading margins of over 20% by 2011.

Ge Webcast Presentation 04172009Joseph Weisenthal

GE reported preliminary results for its first quarter of 2009. The global economic downturn continued, but GE is navigating through the recession by aggressively cutting costs, driving orders where possible, and maintaining a solid industrial cash flow. Earnings were consistent with previous guidance, with the infrastructure and media businesses flat and the Capital Finance segment reporting a profit of $1.1 billion. GE remains focused on running the company for the long term through investing in growth areas.

Q1 2009 Earning Report of Juniper Networks Inc.earningreport earningreport

- Juniper Networks reported its financial results for the first quarter of 2009, with revenue of $764 million, down 7% year-over-year due to challenging economic conditions. Non-GAAP operating margin was 16.4% and non-GAAP EPS was $0.17. - For the second quarter of 2009, Juniper expects flat to down revenue of $740-780 million, with non-GAAP EPS of $0.16 to $0.18, and operating expenses slightly lower year-over-year. - Juniper maintains a strong balance sheet with $2.3 billion in cash and no debt to navigate the economic downturn while continuing to invest in R&D.

Q1 2009 Earning Report of State Street Corpearningreport earningreport

State Street Corporation reported first quarter 2009 earnings per share of $1.02 on total revenue of $2 billion, down from $1.35 EPS and $2.6 billion revenue in the first quarter of 2008. Expenses declined 26.5% from a year ago due to ongoing expense controls. Servicing fees declined 20% to $766 million and investment management fees fell 35% to $181 million due to declines in asset valuations, though both outperformed market declines. The company expects to achieve its targets for 2009 operating revenue decline, EPS decline, and return on equity.

Keefe, Bruyette & Woods, Inc. Large Cap Bank ConferenceQuarterlyEarningsReports3

The document provides an overview of Bank of America's Global Business & Financial Services division. It summarizes several key business lines including Middle Market Banking, Business Banking, Commercial Real Estate Banking, and others. For each business line, it provides revenue, net income, loans, deposits and other metrics for 2004. It also outlines the division's integrated operating model and global footprint.

Q1 2009 Earning Report of Standard Register Co.earningreport earningreport

Merrill Lynch_1Q 2008_Press ReleaseManya Mohan

Merrill Lynch reported a net loss of $1.97 billion for Q1 2008 compared to net earnings of $2.03 billion in Q1 2007. Net revenues were $2.9 billion, down 69% due to write-downs related to ABS CDOs and credit valuation adjustments on hedges with financial guarantors. Global Wealth Management achieved record quarterly net revenues of $3.6 billion, up 8% year-over-year, driven by strong fee growth. Merrill Lynch intends to reduce headcount by 4,000 employees to lower costs by $800 million annually. The firm remains well capitalized with $82 billion in excess liquidity.

Special Investment Regions (SIR) in GujaratOur Vibrant Gujarat

Gujarat offers a favorable investment environment through excellent infrastructure, a large skilled workforce, strategic location, and an investor-friendly government. The state has a diversified and growing economy across sectors. It is home to ambitious projects and a leading destination for foreign direct investment from many countries. Gujarat provides quality land banks for phased industrial development, including special economic zones and regions along the Delhi Mumbai Industrial Corridor.

Michael Sacks | World Business Chicago | Global Cities InitiativeBrookings Metropolitan Policy Program

World Business Chicago is a non-profit organization that works to promote economic growth in the Chicago region through business development, research, marketing and leadership initiatives. It is led by Mayor Rahm Emanuel and Vice Chairman Michael Sacks and has implemented strategies to make Chicago a hub for advanced manufacturing, business services, transportation and tourism. Some impacts of its Plan for Economic Growth & Jobs include announcing nearly 25,000 new jobs, streamlining business licensing, launching college to career programs, and investing $7 billion in infrastructure.

Institutional Investor Magazine April 20th, 2011hussaan

Cga webinar-1Toronto Workforce Innovation Group

The document discusses Toronto's financial services sector. It provides statistics showing Toronto has over 200,000 people employed in finance and insurance. The top industries are banking, insurance, investment management, stock exchanges, and pension funds. In-demand jobs include data analysts, financial planners, risk managers, and digital marketing roles. The financial sector is influenced by trends like technology advances, globalization, and changing demographics. Toronto is established as one of North America's top financial hubs.

Cushman & Wakefield Economic Pusle 2009jddishotsky

The report discusses the economic situation in the Americas, highlighting that while the US economy faces severe challenges due to job losses and financial instability, some regions, like Canada and parts of South America, are showing signs of resilience. It notes early indicators of stabilization, such as slight improvements in job loss rates and consumer confidence, suggesting a potential for recovery by late 2009 or early 2010. However, significant hurdles remain, including the need for financial stability, a rebound in the housing market, and rising consumer and business confidence for a return to economic growth.

credit-suisse Quarterly Report Q1/2004QuarterlyEarningsReports2

Credit Suisse Group reported net income of CHF 1.9 billion in Q1 2004, up significantly from Q1 2003. This was driven by higher revenues across both Credit Suisse Financial Services and Credit Suisse First Boston. Credit Suisse Financial Services saw strong results from Private Banking and continued cost discipline. Credit Suisse First Boston benefited from improved capital markets and client activity, with Institutional Securities and Wealth & Asset Management reporting higher revenues. Earnings per share were CHF 1.61, up from CHF 0.24 in Q1 2003.

northrop grumman �ݺ�ߣ Presentation 2008 3rdfinance8

This document summarizes Northrop Grumman's Q3 2008 financial results. It highlights increases in sales, earnings per share, cash from operations, and new business awards compared to Q3 2007. The CEO also notes share repurchases, a record backlog, opportunities for growth, and raised guidance for full year EPS. Updates are provided on major defense programs and milestones. The CFO discusses the company's liquidity, risk mitigation efforts, and negotiating better contracts. Projections for full year 2008 sales, margins, cash flow, and earnings are included. Potential impacts of market declines on 2009 pension expenses are also estimated.

northrop grumman �ݺ�ߣ Presentation 2007 3rdfinance8

northrop grumman Q3 08 Earnings Presentationfinance8

Q1 2009 Earning Report of Canadian Pacific Railway Ltd. earningreport earningreport

CP's first quarter 2009 earnings review showed: - Revenues were down 13% due to an 18.6% decline in carloads and 22.4% drop in revenue ton-miles from volume declines and negative mix changes. - Operating expenses were managed well through cost control initiatives, offsetting some of the revenue declines and limiting the operating income decrease to 35%. - The company is focused on further reducing structural costs through process improvements and efficiency gains to strengthen performance.

citigroup January 20, 2004 - Fourth Quarter Financial SupplementQuarterlyEarningsReports

This document provides quarterly financial data for Citigroup, including: 1) Income statements for Citigroup's major business segments by both product view and regional view, showing income from continuing operations for 2003 and 2002. 2) Key financial metrics for Citigroup such as revenues, assets, capital ratios, and earnings per share for 2003 and 2002. 3) Supplementary financial details including statements of income, financial position, loan delinquency and more for Citigroup. The document contains detailed quarterly performance information for Citigroup to allow analysis of results and trends by major business and geographic segments.

Merrill lynchHistorical Earnings Announcements2005 4th finance3

Merrill Lynch reported record earnings for 2005, with earnings per share of $5.27, up 20% from 2004. Net earnings were $5.2 billion, up 18% from 2004. All three of Merrill Lynch's business segments - Global Markets and Investment Banking, Global Private Client, and Merrill Lynch Investment Managers - generated record pre-tax earnings and higher revenues compared to 2004. Merrill Lynch also announced a 25% increase to its quarterly common stock dividend to $0.25 per share.

Q12009 Shaking Presentation Nymeaquiroz

The document summarizes venture capital investing trends in the first quarter of 2009 based on data from the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association. Some key findings include: - Total US venture capital investments in Q1 2009 were $3 billion across 549 deals, down significantly from Q1 2008 levels. - The software and biotechnology industries received the largest investments, while the Silicon Valley and New York Metro regions remained the top locations. - First-time financing deals and early stage companies saw the largest declines compared to the previous quarter.

FHO Partners YE 2009 MarketWatch Reportfhopartners

The commercial real estate market in the Boston area continued to soften in 2009 due to the effects of the recession. Signs of stabilization are emerging but any significant recovery is not expected until late 2010 or early 2011 at the earliest. Unemployment rates in both the US and Massachusetts increased substantially in 2009, remaining high at 9.7% and 9.4% respectively. The oversupply of available office space in Greater Boston led to declining rental rates and absorption in 2009 and this challenging environment is expected to continue into 2010 and 2011 until more substantial job growth occurs.

The Next Economy Government Market Outlook 2010 FinalYang Liu

This document provides an executive summary and outlook on the US government marketplace in 2010. Some key points: 1) Government spending now represents almost half of total US GDP and is expected to increase further in coming years, making the government sector a vast and growing marketplace. 2) Major initiatives like the American Recovery and Reinvestment Act and Jobs for Main Street Act will drive continued government spending through 2010 to boost the economy. 3) Emerging trends include greater transparency in government spending, increased competition for contracts as commercial markets recover, and information technology being a key part of infrastructure projects across sectors.

WANN GIBT DIE FED WIEDER VOLLGAS ?Gapa News

DEFLATIONGapa News