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Morgan Stanley’s Great Earnings
Description
On Thursday, Morgan Stanley ($MS@US) became the latest of the big banks to report exceptional earnings as they produced $2.83 billion in revenue during quarter 2, outperforming analyst’s estimates by more than $400 million. The only big bank to fail to record positive earnings so far is Bank of America. Shares of Morgan Stanley were trading 0.38% lower at press time this morning.
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