blue, ibm moses it's full year -- reduces its full-year forcast. don't miss a jamie dimon's views on china, head. welcome to "first up", live from hong kong. top story, morgan stanley afters overnight reporting a loss related to private equity investments in china. james gorman described last quarter as the "worst for fixed income since the financial crisis." let's get on this now and the rest of the trading news. following onnley the heels of goldman sachs and j.p. morgan chase with a similar story of a very rough quarter for fixed income. trimming an earlier loss of more than 8% in the session. a lot related to private equity investments in china, and also suffered a drop in bond trading revenue. as we mentioned, the ceo calling it one of the worst bond trading quarters since the financial crisis. james gorman has about to run a less volatile bag, and says "we had an unusual pick up in the merchant bank -- pickup in the merchant bank." $.42 a share mississippi three shins per share, missing estimates by a lot. missing $.63 per share, missing estimates by a lot. full-year profit for
worst quarter for morgan stanley, tumbles on losses and asia, an unusual peri od. feeling blue, ibm moses it's full year -- reduces its full-year forcast. don't miss a jamie dimon's views on china, head. welcome to "first up", live from hong kong.
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