At The Motley Fool, we know our readers like to be informed. We have scouted out today's most relevant news items and brought them to you all in one page. We hope you find this midday edition informative and useful.
Morgan Stanley wins with losses
Reporting a loss of $0.38 a share was in fact a gain for Morgan Stanley
Express Scripts to buy Medco for $29 billion
In one of the largest deals of the year, Express Scripts
Apple is a hoarder
We all wish we had Apple's
Meanwhile in Greece
After calling an emergency summit, European leaders agreed they are now willing to let Greece default temporarily under a crisis response plan. The plan will allow the European Financial Stability Facility rescue fund to take precautionary measures with earlier loans, recapitalize banks, and intervene in the secondary bond market. The new Greek bailout would be around 115 billion euros and its payback period could be extended to 15 years. Greek bankers and officials from banks holding large amounts of Greek debt, including Deutsche Bank
So there you have it, the top financial stories for this afternoon. Check Fool.com throughout the day for commentary on these and other stories. Also, follow us on Twitter, on Facebook, or through our email digests.
Michelle Zayed owns no shares of any companies mentioned in the story. The Motley Fool owns shares of Apple, Microsoft, and MedcoHealth Solutions. Motley Fool newsletter services have recommended buying shares of Apple, Microsoft, and MedcoHealth Solutions. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.