2 Bank Stocks Moving Lower After Earnings

Bank earnings -- and earnings season in general -- kicked off on Friday and continued to start the holiday-shortened week. In focus today are Morgan Stanley (NYSE:MS) and PNC Financial Services Group Inc (NYSE:PNC), with their stocks making moves in opposite directions. MS is down 1.7% to trade at $88.14, after the company's adjusted fourth-quarter earnings of $0.85 cents per share fell short of the consensus estimates of $1.01 per share. The whiff comes after Morgan Stanley was hit with $286 million in spe ...