(Reuters) -Morgan Stanley's ( MS ) third-quarter profit beat market expectations as investment bankers brought in more fees from advising on deals and by underwriting stock and debt sales, lifting revenue to a record. Shares of the bank rose 3.9% in premarket trading on Wednesday. They have gained 23.6% this year as of the last closing price. A string of...

Oct 15 (Reuters) - Citizens Financial's third-quarter profit rose more than 29% on Wednesday, driven by higher interest income, while strong capital markets boosted fees from advisory and underwriting. An interest rate cut last month eased deposit costs amid labor market challenges and persistent inflation, while AI-driven investment has helped mitigate uncertainty surrounding tariffs, which led to a 20-year low...

Oct 15 (Reuters) - Abbott reported higher quarterly revenue on Wednesday, driven by strong demand for its medical devices including continuous glucose monitors and heart devices. Investor confidence in medical device makers has climbed in recent quarters, underpinned by robust demand for surgical procedures, particularly among older adults. Total revenue rose 7.1% to $11.4 billion. On an adjusted basis, third-quarter...

(Reuters) -Stellantis' ( STLA ) new $13 billion investment plan in the U.S. marks a key step to countering tariffs imposed by President Donald Trump and to reviving the automakers' sales in its main market, investors and analysts said on Wednesday. The plan, announced late on Tuesday, would help buffer the group from U.S. tariffs, an impact the French-Italian-American group...