Monday, March 30, 2015

Late audits halt trading in Morgan Stanley-backed stocks

WASHINGTON (AP) — Two major companies in a prominent $1.4 billion Asia investment fund managed by banking giant Morgan Stanley failed to file their financial statements on time, freezing trading in their stocks. Such delays are generally considered worrisome for a company's investors, which include U.S. pension funds and college endowments.



Late audits halt trading in Morgan Stanley-backed stocks



source U.S. News - News http://ift.tt/1NwEE58

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