NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE:MS) today reported net revenues of $9.7 billion for the second quarter ended June 30, 2015 compared with $8.6 billion a year ago. For the current quarter, net income applicable to Morgan Stanley was $1.8 billion, or $0.85 per diluted share,7 compared with net income of $1.9 billion, or $0.92 per diluted share,7 for the same period a year ago. The earnings for the prior year second quarter included a net discrete tax benefit of $609 million or $0.3