Morgan Stanley Beats Estimates on Brokerage Revenue

Jan. 18 (Bloomberg) -- Bloomberg's Scarlet Fu reports that Morgan Stanley reported earnings that beat analysts’ estimates as revenue from the retail brokerage climbed and fourth-quarter profit was $507 million, or 25 cents a share, compared with a loss of $250 million, or 15 cents, a year earlier.

The Big Bank Comeback: Has Fear Gone Too Far?
05:22 - Michael Purves, Weeden & Co.'s chief global strategist, and Bloomberg's Dakin Campbell discuss the outlook for bank stocks with Bloomberg's David Gura on "Bloomberg Markets." (Source: Bloomberg)
  • Reading Into the Global Oil Market Glut
  • The Negative Rate Debate: Is It Too Early?
  • Is the Fed a Little Bit Behind the Curve?