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 MARKETS
Market News  Thursday July 2 , 2009 15:17 GMT

Morgan Forecasted Third Straight Loss…

Morgan Stanley is highly forecasted to witness a loss once again, which will actually be its third consecutive loss, as it will repay $10 billion to the U.S government, which is the sum of the bailout that was given to the huge U.S financial institution, knowing that the loss is expected to average around 32 cents per share and the net income may come in around $322 million, not forgetting that Morgan Stanley has so far plunged by $1.04 or 3.7 percent throughout the New York Stock Exchange composite trading.  

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