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Financial stocks finish week higher

SAN FRANCISCO (MarketWatch)

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Morgan Stanley Qtr Wins Some Plaudits

If the rap against Morgan Stanley (MS)?was that it wasn’t enough like Goldman Sachs (GS)?to offer contemporary investors the kind of risk profile they wanted in the banking environment of the moment,?the bank?apparently heeded – and satisfactorily answered – some of those critics in its third-quarter performance. Trading revenues at Morgan Stanley from fixed-income, commodities [...]

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Financials Ignore Moody’s, Push Higher

Financial stocks rose in midday trading after an initial slump following Moody’s warning that it could make severe cuts to the ratings of big banks like Morgan Stanley (MS) and JPMorgan Chase (JPM). Among S&P 500 stocks, financials were at the head of the pack in midday trading. The sector, and the entire market, appear [...]