Morgan Stanley released its Q3 earnings on Thursday and it beat expectations. The bank surged 4% in premarket trading. CEO James Gorman said that the bank remains “committed to controlling our expenses and are well positioned to pursue our growth initiatives.” View Markets Insider’s homepage for more stories Morgan Stanley […]
Morgan Stanley said net income rose to $US1.5 billion from the prior year, but that missed analysts’ $US1.6 billion estimate. The Wall Street bank said fixed-income trading revenue had fallen 30% to $US564 million, the worst performance for that unit in three years. Morgan Stanley announced fourth-quarter results Thursday morning […]
Morgan Stanley reported earnings of $US1.45 per share Wednesday morning, well ahead of the expected $US1.28. The bank said it set new records for revenue and adjusted net income, as well as its equities and wealth management businesses. Follow Morgan Stanley’s stock price in real-time here. Shares of Morgan Stanley […]