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Morgan Stanley ranks No. 98 on FORTUNE's 2006 Global 500
(Fortune) -- Morgan Stanley (Charts) ranks no. 98 on FORTUNE's Global 500 this year, with $52.5 billion in revenues, up 32.7% from the previous year. The New York, New York-based company was ranked no. 107 on the 2005 list. Its 2005 profits were $4.9 billion, up 10.1% from a year earlier. 2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP. In the Securities industry, profits were up 23.6% from the previous year. The world's biggest companies in the sector are: Merrill Lynch (Charts), ranked no. 110 on the Global 500 with $47.8 billion in revenues; and Goldman Sachs Group (Charts), ranked no. 124 on the Global 500 with $43.4 billion in revenues; and Lehman Brothers Holdings (Charts), ranked no. 176 on the Global 500 with $32.4 billion in revenues; and Nomura Holdings (Charts), ranked no. 427 on the Global 500 with $15.8 billion in revenues. The Global 500 list is an annual ranking of the world's largest corporations by revenues. Next: Full list: 2006 Global 500 at http://money.cnn.com/global500 Plus: See Morgan Stanley's Global 500 details, including financial stats and contact information. Europe's top 50 Asia's top 50 |
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