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Thursday, Jul 7, 2022

Morgan Stanley Profit Up on Revenues

Wall Street investment firm Morgan Stanley saw its fourth-quarter earnings climb 49 percent, the company said Tuesday, due to strong investment banking revenues and a surge in fixed-income trading.

The quarterly results outstripped analysts’ forecasts by a wide margin, something the company had been unable to do since the first quarter of the year.


Read the full Associated Press story


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