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Morgan Stanley's (MS) Gorman Says Q3 Results to Beat Goldman (GS) -Gasparino

October 5, 2011 3:24 PM EDT Send to a Friend
Fox Business Network's Charlie Gasparino reporting Morgan Stanley (NYSE: MS) President and CEO James Gorman is telling investors everything is "okay." Gasparino has also cited Gorman as saying the bank's third-quarter results will likely beat the venerable Goldman Sachs (NYSE: GS).

Gasparino reported: "Gorman is also indicating that third quarter earnings are going to be pretty good and it looks like the third quarter are likely to beat Goldman's."

Morgan Stanley shares are currently ticking higher with the broader stock market. At last check, shares of Morgan Stanley were up 3 percent to $14.43.




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Corporate News, Insiders' Blog

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Charles Gasparino, Morgan Stanley, Earnings

Comments

regulation
Michael Demarco Calaizzo-Cherry Hill on 2011-10-06 11:28:42
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why are hedge funds not regulated?

waste
Michael Calaizzo on 2011-10-06 11:27:15
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The hedge fund me should work
in science.

Hedge funds
Michael A. Calaizzo on 2011-10-06 11:25:59
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why do we need them?


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