Morgan Stanley's Q1 Profits Drop Despite Beating Estimates.

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Source: Barron's
Morgan Stanley's Q1 Profits Drop Despite Beating Estimates.
Photo: Barron's
TL;DR Summary

Morgan Stanley's first-quarter profit dropped by 19% due to a slowdown in deal making. The company reported earnings of $3 billion, or $1.70 a share, on revenue of $14.5 billion, beating estimates.

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