Morgan Stanley's earnings plunge

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Morgan Stanley's earnings plunge

19th March 2008, 22:51:PM

MORGAN Stanley said its quarterly earnings plunged after it absorbed $US2.3 billion ($2.5 billion) of write-downs, but robust trading results helped the No. 2 US investment bank trounce expectations by a wide margin.

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Tags: bank, business, earnings, investment, morgan, stanley

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Morgan Stanley's earnings plunge

Morgan Stanley's earnings plunge

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