STOCKS NEWS US-Morgan Stanley rises after Q3 results

Wed Oct 21, 2009 8:38am EDT
 
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U.S. stock market report [.N] 0828 ET 21Oct2009-Morgan Stanley rises after Q3 results ------------------------------------------------------------------------------

Shares of Morgan Stanley (MS.N) rose in premarket trading on Wednesday, after the company reported third-quarter earnings that beat expectations.

It was the financial services company's first quarter of profits after three straight losing quarters.

For details, see [ID:nN21432907]

Morgan Stanley was up 2 percent to $33.17 before the bell.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0826 ET 21Oct2009-Boeing shares down after Q3 loss ------------------------------------------------------------------------------

Shares of Boeing Co (BA.N) fell in premarket trading on Wednesday, after the planemaker reported a third-quarter net loss.

The loss came on charges related to the company's first three 787 flight-test planes, as well as its 747 program.

For details, see [ID:nN20433045]

The stock, a Dow component, fell 2.7 percent to $50.50 in premarket trading.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0811 ET 21Oct2009-CombinatoRx soars after comments on drug ------------------------------------------------------------------------------

Shares of CombinatoRx Inc (CRXX.O) soared in premarket trading on Wednesday after the company said its knee-pain drug Synavive maintained efficacy throughout a 12-month phase II knee osteoarthritis extension trial.

For details, see [ID:nWNAB1780]

The stock gained 18 percent to $1.57 before the bell.  Continued...

 

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