Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

An artist in residence (she can afford)

Jun 24, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Tech
Download
HTML Embed
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Final Note

Morgan Stanley’s CEO wants the U.S. to report earnings the British way

Kai Ryssdal Oct 25, 2016
Share Now on:
HTML EMBED:
COPY
CEO of Morgan Stanley James P. Gorman makes the opening remarks prior to a conversation with the current Federal Reserve Chair Janet Yellen, former Federal Reserve Chairs Ben Bernanke, Paul A. Volcker and Alan Greenspan at the International House in New York City. 
Andrew Renneisen/Getty Images

Morgan Stanley CEO James Gorman wants American companies to look past quarterly reporting of corporate profits, according to a report from Reuters.

At a Bloomberg conference in New York City, Gorman praised the British convention of six month reporting instead, and even added that corporate America’s need to report every nine weeks is “asinine.”

His suggestion may look good on paper — but then again, it’s easy for Morgan Stanley to criticize the system after reporting quarterly profits up 62 percent from a year earlier.

So, you know, grain of salt.

 

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.