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Monday, Jun 22, 2026

Morgan Stanley Up on Earnings

Morgan Stanley Inc. on Wednesday took another step closer to fulfilling Chief Executive John Mack’s pledge of a financial turnaround, posting second-quarter profit that more than doubled on stronger trading, underwriting and investment gains. The company’s shares soared more than 4% to their biggest one-day gain this year.

*For more on this story,

read the full Associated Press article.

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