Wall Street investment bank Morgan Stanley reported stronger than expected second quarter earnings ahead of Monday’s opening bell, sending its shares higher in pre-market trade. Morgan Stanley said adjusted earnings per share came in at 79 cents in the three months ended June 30, beating expectations for earnings of 73 cents per share and compared to earnings of 60 cents a share in the same period a year earlier. The earnings for the prior year second quarter included a net discrete tax benefit of $609 million or $0.31 per diluted share, principally related to the re-measurement of reserves and related interest. The bank’s second quarter adjusted revenue totaled $9.56 billion, above forecasts for revenue of $9.10 billion and up 12.2% from revenue of $8.6 billion in the same period last year.