Stocks in the news: Apple, Morgan Stanley, Wells Fargo, Boeing

Updated

The following post rounds up the companies making headlines today:

Apple Inc. (AAPL) posted financial results Tuesday after the close that topped analyst estimates on both top and bottom lines. Apple got a boost from Macintosh buyers after cutting prices on Macs. Sales of the iPhone also topped estimates. Shares gained 3.8 percent ahead of the bell.

Morgan Stanley (MS) reported results this morning, saying it lost more than $1.2 billion during the second quarter as it took a charge to repay government bailout money. The investment bank was also hurt for a second straight quarter by the improving value of its own debt. Shares dropped 4.7 percent in pre-market trade.

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