Morgan Stanley Q3 Profit Up 15%, Results Top Estimates

Amazon, Microsoft, Pfizer To Invest Billions In French Projects

Major companies, including Amazon.com Inc., Microsoft Corp., Morgan Stanley, Pfizer and others, have announced around 15 billion euros or $16.2 billion worth foreign investments in France as part of the country's annual 'Choose France' business summit, reports said. French President Emmanuel Macron kicks off the summit of 180 CEOs and executives on Monday, aiming to showcase foreign investment.

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Morgan Stanley Q1 Results Tops Estimates

Financial services firm Morgan Stanley reported Tuesday a profit for the first quarter that increased 15 percent from last year, driven by revenue growth across its operating segments and lower provisions for credit losses. Both earnings per share and quarterly revenues topped analysts' estimates.

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Morgan Stanley Q3 Profit Down 9%, But Tops Estimates

Financial services firm Morgan Stanley reported Wednesday a profit for the third quarter that decreased 9 percent from last year, pulled down by surging provisions for credit losses and higher expenses, despite 2 percent revenue growth. Both adjusted earnings per share and quarterly topped analysts' estimates.

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Morgan Stanley Q2 Profit Down, Yet Tops View

Financial services firm Morgan Stanley reported Tuesday weak profit in its second quarter, despite increased revenues in a challenging market environment. Earnings per share and topline, however, beat market estimates. In the quarter, Institutional Securities net revenues declined, reflecting continued muted activity in Investment Banking and declines in Equity and Fixed Income.

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Morgan Stanley Q1 Results Down, Yet Beats View

Financial services firm Morgan Stanley reported Wednesday weak profit, revenues and assets under management in its first quarter, noting that the businesses navigated a volatile market environment. Earnings per share and topline, however, beat market estimates. In pre-market activity on the NYSE, Morgan Stanley shares were losing around 4.2 percent.

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Morgan Stanley Q3 Net Profit Down 29%

Financial services firm Morgan Stanley (MS) reported Friday third-quarter net income applicable to the company's shareholders of $2.63 billion or $1.47 per share, down from $3.71 billion or $1.98 per share in the year-ago quarter.

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U.S. Industrial Production Unexpectedly Unchanged In April

With a surge in utilities output offset by decreases in mining and manufacturing output, the Federal Reserve released a report on Thursday showing U.S. industrial production came in flat in the month of April. The Fed said industrial production came in unchanged in April after inching up by a downwardly revised 0.1 percent in March.

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Philly Fed Index Indicates Notably Slower Growth In May

Philadelphia-area manufacturing activity saw a notable slowdown in the pace of growth in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to 4.5 in May from 15.5 in April, although a positive reading still indicates growth.

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