UPDATE: Morgan Stanley Posts Higher Q3 Profit
October 18, 2013 at 07:49 AM EDT
Morgan Stanley (NYSE: MS ) reported a rise in its third-quarter profit. Morgan Stanley's quarterly profit rose around 80% to $1 billion, from $560 million, in the year-earlier period. Its per share earnings climbed to $0.50 from $0.28. Its revenue surged 7% to $8.1 billion. However, analysts were expecting