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U.S. Morning Call: Morgan Stanley, Facebook 'in a relationship'

Friday, August 24, 2012 - 02:49

Aug 24 - Eight of the top nine U.S. mutual funds run by Morgan Stanley's asset management arm have disproportionately high investments in Facebook, according to the Wall Street Journal.

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Morgan Stanley Hughes space look on its friends list and the apple pie -- in China let's kick off and if -- morning com. It just decided was Morgan Stanley on eight top nine US mutual funds run by Morgan Stanley's asset management arm. Have disproportionately. High investment in FaceBook. The Wall Street Journal reports this morning based on Morningstar were searched. The funds bought stark before and after the IPO. Morgan Stanley made over 200 million in fees and trading profits. You could say is a split decision in South Korea a Seoul court has ruled that both apple and Samsung violated each other's patents. Apple with two infringements and Samsung with just one penalty. Samsung must stop selling ten products including the galaxy SU and for apple sales of iPhone four and iPad two will be ban. The ruling comes on Samsung's -- It'll be distinction no outcome similar on going court case in Silicon Valley the verdict expected any day now. Apple's worries don't -- here -- the iPhone maker's market share in China its second largest market. Dwindled to almost half in Q2 according to research -- Any US stock futures today went to slight gains ahead in the open after equities to him on Thursday. Out later Korea and US durable goods orders. -- Reuters all expect demand for long lasting good space to do for July with voters fractionally higher than six months ago. Once stock to keep on your radar as you begin trading Salesforce.com. The company beat -- its quarterly revenue but its its earnings outlook. -- four -- fluctuations and attacks in Europe shares continuing their fall in the premarket. Another chapter comes to it and in the AIG bailout story in New York fed sold its last remaining toxic assets of AIG -- the -- -- contentious decision to bail out injured during the financial crisis. This sale would yield to gain of six point six billion dollars for tax payers. From his maiden lane -- portfolio which has created to help rescue AIG. Before we sign off inherently you're trading screen and seeing Google at 108 dollars in premarket don't sweat. It just seems like technology is doing what it does best messing up. Google usually trades above 650. Dollars and lots of talk on stock -- spanning from 5552. Ignore the noise just an early morning glitch. Actually call for Friday for more news follow us on Twitter at Reuters Insider and check out quite easy to channel at Reuters dot com slash Reuters TV. I'm Lisa Bernhard this is Reuters.

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U.S. Morning Call: Morgan Stanley, Facebook 'in a relationship'

Friday, August 24, 2012 - 02:49