Morgan Stanley Reports Q4 Results, Joins Boeing, Alcoa And Other Big Stocks Moving Lower On Tuesday
Benzinga
U.S. stocks traded lower, with the Dow Jones index falling more than 250 points on Tuesday.
Shares of Morgan Stanley (NYSE: MS) fell during Tuesday’s session after the company reported fourth-quarter financial results.
Morgan Stanley reported a fourth-quarter net profit of $1.5 billion, or 85 cents per diluted share, compared to $2.2 billion or $1.26 in the prior year. The company reported revenues of $12.9 billion, beating the consensus of $12.75 billion.
Morgan Stanley shares fell 4.6% to $85...
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