Morgan Stanley beats profit estimates as bond trading revenue surges
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(Reuters) - Morgan Stanley beat estimates for quarterly profit by a wide margin on Thursday, powered by strength in its investment management, bond trading and underwriting businesses.Revenue from sales and trading rose 28% to $3.19 billion. Bond trading sales more than doubled to $1.27 billion from a year earlier when financial markets were roiled by trade and global growth concerns.Revenue from investment banking, which includes advising on deals and helping corporations raise money, rose..