Morgan Stanley Group Inc.: The New York-based...

Morgan Stanley Group Inc.: The New York-based international securities firm’s net income dropped to $81.1 million for the quarter ending March 31, compared to $98.6 million in the 1988 period. Revenue totaled $534.1 million, up from $566 million. The firm said its performance was “strong,” despite what it called “difficult conditions” in the debt markets.