Just like Lehman & Sacks, they beat estimates.......:top:

Morgan Stanley 1Q EPS $1.45 Vs EPS $2.51 >MS
11 minutes ago - Dow Jones News
DOW JONES NEWSWIRES
Morgan Stanley (MS) reported fiscal first-quarter net income of $1.56 billion, or $1.45 a share, compared with $2.67 billion, or $2.51 in the year-earlier period.
Results for the latest period included mortgage proprietary trading net writedowns of $1.2 billion as well as $1.1 billion in other trading losses.