Profit for the three months ended Sept. 30 was $2.4 billion, or $1.38 per diluted share, the bank reported on Wednesday. Morgan Stanley's total revenue from...
The logo for Morgan Stanley is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City -Morgan Stanley's profit fell about 9% in the third quarter, dragged down by lethargic dealmaking that sent the lender's shares down nearly 3% in premarket trading.
Rising interest rates, antitrust scrutiny and an uncertain economic and geopolitical outlook have diminished companies' appetite to strike deals. Morgan Stanley also set aside $134 million in provisions for credit losses, surging from $35 million in the same quarter last year. 'That blew up in my face': This college student lives free in her uncle's investment property — but still collects rent from her friends and pockets the cash. Is she 'greedy' or resourceful?Telecom stocks such as BCE offer exposure to high dividend yields, stable and resilient results, and security. The post Telecom Titans: Canada’s High Dividend Yielding Communication Stocks appeared first on The Motley Fool Canada.
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