Morgan Stanley (MS)

[MiamiGent]

MS.. Morgan Stanley Testing Fresh Pre-Bell Highs
PROVIDED BY Midnight Trader - 7:47 AM 01/19/2012

Morgan Stanley (MS) is lately hitting fresh pre-bell highs at 18.30 as it finds support mostly above 18 since posting its Q4 results earlier this morning.

The company reported Q4 revenue of $5.7 bln, better than the analyst consensus of $5.56 bln on Thomson Reuters but down from $7.7 bln in the year ago quarter. The loss from continuing operations was $227 million, or $0.14 per share, and included a loss related to MBIA of $1.7 billion or $0.59 per share, compared with income of $871 million, or $0.44 per diluted share, for the same period a year ago. The Street view was a loss of $0.57 per share, excluding items.

Price: 18.20, Change: +0.85, Percent Change: +4.9

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