share: Its quarterly net income was 1.6 billion dollars, or 75 cents per diluted share, according to Xinhua China. Shares of the banking giant rose 2.84 percent in the early trading. Morgan Stanley reported Wednesday net revenues of 8.9 billion U.S. dollars for the second quarter of 2016, topping analysts' estimates. Microsoft announced Tuesday after the closing bell that its quarterly revenue was 20.6 billion dollars, with a net income of 3.1 billion dollars, or 39 cents per diluted share, beating market expectations. The latest data from Thomson Reuters showed that the S&P 500 companies' blended earnings in the second quarter of 2016 are expected to drop 4.3 percent year on year, while the revenues are forecast to decline 0.7 percent. Its share was up over five percent in early Wednesday.
(news.financializer.com). As
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