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Morgan Stanley (MS) CEO Gorman Talks Earnings, Firm's Strengths with CNBC

NEW YORK (TheStreet) -- Morgan Stanley (MS) reported better than expected 2016 second quarter earnings results before the market opened on Wednesday morning. Shares of the financial services company are up by 2.78% to $28.97 this morning.

Second quarter earnings came in at 75 cents per share on revenue of $8.9 billion. Wall Street was expecting Morgan Stanley to post earnings of 59 cents per share on revenue of $8.3 billion for the quarter.

Morgan Stanley CEO James Gorman appeared on...