Morgan Stanley Earnings Come Up Short

The world’s biggest brokerage posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a low-volume market. On an adjusted basis, Morgan missed Wall Street’s forecast.
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Why It’s a Mistake to Rely on TV’s Stock Market Gurus

The financial media loves to pluck struggling analysts from obscurity and propel them to fame on the backs of a few good calls, then shoot them full of arrows at them when their predictions start to fail. And inevitably, those …