Morgan Stanley (MS) on Friday said it expects its fourth-quarter earnings to include a $1.25 billion hit from the recently enacted tax overhaul legislation.

("Morgan Stanley Expects $1.25B Hit From Tax Overhaul," published at 7:19 ET, incorrectly reported the day as Thursday.)

(END) Dow Jones Newswires

January 05, 2018 07:42 ET (12:42 GMT)

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