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Morgan Stanley Shares Fall as Investors Appear Unimpressed With Profit Report

Summary:

  • Shares of Morgan Stanley were down more than 4.5 percent in afternoon trading
  • Morgan Stanley exceeded expectations but shares STILL dropped because, the firm posted strong results in wealth and asset management, but institutional securities – its third major division, which includes fixed income and banking – experienced a revenue drop.
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April 18, 2013

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