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Morgan Stanley profit dips but beats Wall Street expectations

Morgan Stanley’s profit and revenue dipped in the first quarter. Results beat Wall Street’s expectations, but the stock still dipped in pre-market trading.
Quarterly revenue from the investment bank slipped, while revenue from wealth management rose.
Earnings totaled $1.2 billion, down about 12 percent from a year… …read more
Source: NY Post

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Posted by on April 18, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.