NEW YORK CITY (dpa-AFX) - Shares of Morgan Stanley (MS) were rising more
than 4 percent Tuesday early morning to $90.67, after reporting upbeat
quarterly results, above View.

Net income for the first quarter increased to $3.27 billion or $2.02 per share
from $2.84 billion or $1.70 per share in the year-ago quarter.

On average, 16 analysts polled by Thomson Reuters expected the company to report
earnings of $1.66 per share for the quarter.

Revenues for the quarter increased 4 percent to $15.14 billion from $12.99
billion last year. The consensus estimate was for $14.41 billion.

Morgan Stanley shares had closed at $86.99, up 0.93 percent. The stock has
traded in the range of $69.42 - $95.57 in the last 1 year.



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