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Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Business

Wall Street Wrestles With Dealmaking, Trading Slump

Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Source link

Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine
Business

Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine

Sales of the defense company’s long-range missiles known as the Guided Multiple Launch Rocket System fell in the latest quarter from a year ago. Source