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Morgan Stanley Swings to Profit, but Revenue Falls – New York Times


New York Times

Morgan Stanley Swings to Profit, but Revenue Falls
New York Times
By MICHAEL J. DE LA MERCED Morgan Stanley said on Thursday that it swung to a profit in the second quarter, but its revenue fell as the firm contended with the doldrums that have descended on the banking industry. It earned $ 563 million from continuing
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