Gorman Encouraged by Merrill's Higher Profit Margin

July 18 (Bloomberg) -- James Gorman, chief executive officer at Morgan Stanley, talks about his company's second-quarter profit, Federal Reserve policy and profit margins at Bank of America Corp.'s Merrill Lynch brokerage. Gorman, speaking with Erik Schatzker on Bloomberg Television's "Market Makers," also comments on banking regulations and the U.S. economy. (Source: Bloomberg)

Canadian National Beats Estimates After Cutting Costs
12:58 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)
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