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Morgan Stanley profit rises 42%

Net income from attributable to common shareholders rose to $802 million

Reuters
Morgan Stanley reported a 42 per cent rise in second-quarter profit, helped by higher revenue from trading, underwriting and wealth management.

Net income from attributable to common shareholders rose to $802 million, or 41 cents per share, from $564 million, or 29 cents per share, a year earlier, the Wall Street bank said on Thursday.
 

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First Published: Jul 19 2013 | 12:04 AM IST

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