Psivida eye device to move to late-stage trials, shares up

(Reuters) – Morgan Stanley swung to a profit in the second quarter, though revenue declined 24 percent due to a slowdown in trading and dealmaking. The investment bank reported earnings of $564 million, or 29 cents per share, compared with a loss of $558 million, or 38 cents per share, in the year-ago quarter. Morgan Stanley …

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