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Morgan Stanley to take $1.25 billion hit in the fourth quarter from the tax bill

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(Reuters) - Morgan Stanley said on Friday it would take a $1.25 billion hit in its fourth-quarter earnings due to a cut in corporate tax rate as part of the U.S. tax code overhaul.


from Reuters: Business News http://ift.tt/2qwkG9v
Morgan Stanley to take $1.25 billion hit in the fourth quarter from the tax bill Morgan Stanley to take $1.25 billion hit in the fourth quarter from the tax bill Reviewed by Tha Kur on January 05, 2018 Rating: 5

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