Company news: Morgan Stanley (MS) Quarterly Results Beat Expectations

Market news

19 January 2016

Company news: Morgan Stanley (MS) Quarterly Results Beat Expectations

Morgan Stanley reported Q4 FY 2015 earnings of $0.43 per share (versus $0.4 in Q4 FY 2014), beating analysts' consensus of $0.34.

The company's quarterly revenues amounted to $7.738 bln (-0.3% y/y), slightly beating consensus estimate of $7.473 bln.

MS rose to $26.80 (+3.20%) in pre-market trading.

Canada: Foreign Securities Purchases, November 2.48 (forecast 12.10)

Foreign exchange market. European session: the British pound traded lower against the U.S. dollar on comments by the Bank of England (BoE) Governor Mark Carney

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