Morgan Stanley Beats Estimates on Brokerage Revenue

Morgan Stanley Beats Estimates on Brokerage Revenue Play

Jan. 18 (Bloomberg) -- Bloomberg's Scarlet Fu reports that Morgan Stanley reported earnings that beat analysts’ estimates as revenue from the retail brokerage climbed and fourth-quarter profit was $507 million, or 25 cents a share, compared with a loss of $250 million, or 15 cents, a year earlier.

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