Financial services behemoth Morgan Stanley (NYSE:MS) reported strong second quarter earnings with profits rising 47%, pushing Morgan Stanley stock higher. The firm generated $15 billion in revenue, an 11% year-over-year increase, besting estimates by 5%. Net income surged 41% year-over-year to $3.1 billion, while earnings per share rose 47% to… Continue reading Morgan Stanley Earnings: Why Profits Were up 47%
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