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.
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Arnault Family Makes Bid for Christian Dior Shares
21:06 - The luxury giant LVMH is to buy the 26% Christian Dior Couture it doesn't already own for about 12.1 billion euros. Bloomberg's Phil Serafino reports on "Bloomberg Daybreak: Europe." (Source: Bloomberg)