Morgan Stanley is expected to report sharp declines in third-quarter earnings and revenue ahead of Wednesday’s opening bell, hurt by months of weak trading activity. The financial giant is forecast to post earnings of 15 cents a share, less than half the 38 cents a share booked a year ago.
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Morgan Stanley Earnings Preview: Expect Drops in Profit and Revenue originally appeared on DailyFinance on Tue, 19 Oct 2010 13:24:00.
Filed Under: Company News, Investing, Earnings, Morgan Stanley , Stocks in the News