Morgan Stanley Profit Rose 12 Percent

Discussion in 'Stock Market Forum' started by Rob Phill, Oct 17, 2017.

    Oct 17, 2017
  1. Rob Phill

    Rob Phill Member

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    $MS joins the list of other major banks on declining trading revenue, as it saw an 8% decline for 3Q17. The bank, on the other hand, saw its profit grow to 12% YoY, mainly due to the strong performance of its wealth management division and higher investment banking fees. Net income rose 12% to $1.8Bil, or $0.93 per share on 3% revenue growth.

    $MS Morgan Stanley Earnings AlphaGraphics: Q3 2017 highlights http://alph.st/bd128597
     
    Last edited by a moderator: Oct 17, 2017
    Rob Phill, Oct 17, 2017
    Rob Phill, Oct 17, 2017
    #1
    2. Oct 17, 2017
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    GS did well also.
     
    JR Ewing, Oct 17, 2017
    JR Ewing, Oct 17, 2017
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    3. Oct 17, 2017
  3. longtermbull

    longtermbull Administrator Staff Member

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    There have been a lot of company trading surprises on the upside - all feeding into the feel good factor which has pushed the DJIA to a record high. When will the rally start to fade?
     
    longtermbull, Oct 17, 2017
    longtermbull, Oct 17, 2017
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