Business Latest News: Morgan Stanley Won't Meet Bond-trade Goal This Quarter: Analyst

Wochit 0:47 mins

An analyst said that Morgan Stanley is expected to report bond-trading revenue below the target the Wall Street bank set after its disappointing first-quarter results General Motors Co's Chief Executive Dan Akerson have said that launch of its redesigned full-size pickup trucks, which are critical to boosting profits, has been probably the best ever at the U.S. automaker so far, Shareholders of Sprint Nextel Corp voted in favor of a sweetened takeover offer from SoftBank Corp , ending a contentious takeover battle for the No. 3 U.S. wireless service provider.

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