NEW YORK (MarketWatch)
Morgan Stanley said on Thursday that it lost $227 million, or 15 cents a share, in the fourth quarter, compared to a profit of $600 million, or 42 cents a share a year ago
Consolidated net revenues at the firm were $5.71 billion in the latest quarter, compared to $7.74 billion a year ago
Analysts polled by FactSet Research had expected the firm to lose 57 cents a share, on revenue of $5.99 billion.
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