UPDATE: Morgan Stanley Posts Higher Q3 Profit

By: Benzinga
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
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