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Morgan Stanley Quotes

(Extended) cash flow declined 12 percent year on year before investments, marking the first time the company has posted lower cash flow since the 1992 recession. - Morgan Stanley

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Extended | Cash | Flow | Declined | Percent |

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The positive surprise was driven by a 9 percent improvement in revenue per unit, which benefited from a sharp contraction of fleet (sales), short-term rentals and shelf registration volume in western Europe. - Morgan Stanley

As the company believes that the spike was, in part, an acceleration of losses that would have been incurred later in 2006, it expects to incur a lower level of bankruptcy losses in subsequent months. - Morgan Stanley

We continue to struggle to find attractive valuations in the sector, and, in contrast to last October, we feel short term drivers are turning negative rather than positive. - Morgan Stanley

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