Monday, April 20, 2015

Morgan Stanley profit, sales beat expectations


MarketWatch.com - Financial Services Industry News http://ift.tt/1DDcEZl Morgan Stanley's first-quarter profit rose as the bank, like its peers, benefited from a stronger environment for deals and trading. Results beat Wall Street estimates, pushing share up 2.5% to $37.65 premarket. The New York-based bank posted a first-quarter profit of $2.39 billion, compared with $1.51 billion in the same period of 2014.

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