Morgan Stanley crushes earnings (MS)

Morgan Stanley crushed Wall Street expectations for third-quarter results Tuesday, thanks to strong performance from its dealmakers and its wealth-management unit.
The investment bank reported earnings of $0.93 a share, while analysts were expecting earnings of $0.81 a share.
"Our third quarter results reflected the stability our Wealth Management, Investment Banking and Investment Management businesses bring when our Sales and Trading business faces a subdued environment," Morgan Stanley CEO Ja