Morgan Stanley Had Fed-Driven Quarter, Rosner Says

Oct. 18 (Bloomberg) -- Joshua Rosner, an analyst at Graham Fisher & Co., talks about Morgan Stanley's third-quarter earnings report today. Morgan Stanley posted a loss of $1.01 billion, or 55 cents a share, compared with a profit of $2.2 billion, or $1.15, a year earlier, the New York-based firm said in a statement. Rosner also discusses the outlook for the financial industry and Citigroup Inc. He speaks with Tom Keene, Sara Eisen, Scarlet Fu and Christine Harper on Bloomberg Television's "Surveillance." (Source: Bloomberg)
SocGen First-Quarter Profit Jumps
34:04 - Societe Generale SA, France’s second-largest bank by market value, posted a fivefold increase in first-quarter profit. Net income rose to 868 million euros ($972 million) from 169 million euros a year earlier. The increase beat the 770 million-euro average estimate of five analysts surveyed by Bloomberg. Chief Executive Officer Frédéric Oudéa, spoke to Bloomberg’s Caroline Connan on “Countdown”.
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