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Investment bank $MS reported a 14% drop in 2Q16 earnings due to lower revenue across its business segments. Net income fell to $1.43Bil or $0.75 per share from $1.67Bil or $0.85 per share last year. Net revenues declined by 9% to $8.91Bil. $MS said results reflected execution of its disciplined expense management strategy.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.