Finance / STT (STATE STREET CORP)

  European banks battle short-term loan crunch Analysts see conduit exposure as manageable; wider credit downturn a worry By Simon Kennedy , MarketWatch.com LONDON (MarketWatch) -- Until recently, the world of commercial paper and collateralized debt was considered by many to be so safe that one of its top players went by the nickname Captain Sensible. How...

John Paulson Buys Citigroup Inc., Varian Inc., Cemex, Sells Centex Corp., State Street Corp., Goldman Sachs Hedge fund giant John Paulson made money shorting financials in 2007 and 2008. Now he is buying heavily into the big banks. He also bought a lot of hotels. This is his Q3 portfolio update. John Paulson buys Citigroup Inc., Varian Inc., Cemex S.a.b. De C.v., Starwood Hotels...

US EARNINGS WRAP: Pfizer, Caterpillar Please Investors Date : 10/20/2009 @ 11:05AM Source : Dow Jones News Stock : E.I. DuPont de Nemours & Co. (DD) Quote : 33.87 -0.75 (-2.17%) @ 5:50PM US EARNINGS WRAP: Pfizer, Caterpillar Please Investors DOW JONES NEWSWIRES Below is a synopsis of major earnings releases from Tuesday morning: Pfizer Income Up 26% Amid 2006 Charge; Sales Drop Pfizer Inc.'s (PFE...

California sues State Street (NYSE:STT) over pension funds On 2:31 pm EDT, Tuesday October 20, 2009 NEW YORK (Reuters) - California's attorney general sued State Street Corp (NYSE:STT - News) on Tuesday for committing an "unconscionable fraud" against the state's largest pension funds, and is seeking to recover more than $200 million in alleged illegal overcharges and penalties. The lawsuit ...

Stock futures signal gains as Apple, TI please On 5:17 am EDT, Tuesday October 20, 2009 Buzz up! 0 Print.Companies:Apple Inc. (Reuters) - U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, after strong quarterly results from bellwethers Apple (NasdaqGS:AAPL - News) and Texas Instruments (NYSE:TXN - News) pleased investors. Reuters - A trader works on the floor of the New...

NEW YORK -(Dow Jones)- The largest shareholder in troubled CIT Group Inc. ( CIT) is a group of mutual funds run by Ameriprise Financial Inc. (AMP), which bought nearly all of its 11% stake in the past 10 months. That Ameriprise subsidiary, RiverSource Investments LLC, bought 12.7 million shares between ...

Investment banking powers JPMorgan profit On 1:03 pm EDT, Wednesday October 14, 2009 Buzz up! 0 Print.Companies:Citigroup, Inc.Goldman Sachs Group Inc.JPMorgan Chase Co. By Elinor Comlay Reuters - A JP Morgan Chase Co. flag flies next to an American flag in New York May 18, 2009. ... Related Quotes Symbol Price Change C 4.95 +0.12 GS 192.50 +5.27 JPM 46.91 +1.25 NTRS 58.90 -0.24 STT 52.94 -0.56 ...

Buckingham raises BofA, JPMorgan to strong buy Tue Oct 6, 2009 6:04pm BST Oct 6 (Reuters) - Buckingham Research Group raised Bank of America Corp (BAC.N) and JP Morgan Chase & Co (JPM.N) to "strong buy" from "accumulate," citing declining downside risks and multi-year credit leverage in money center banks. "We see a favorable risk/reward building in the large-cap banks, with credit risk ...

UPDATE 1-Buckingham raises BofA, JPMorgan to strong buy Tue Oct 6, 2009 6:04pm BST Oct 6 (Reuters) - Buckingham Research Group raised Bank of America Corp (BAC.N) and JP Morgan Chase & Co (JPM.N) to "strong buy" from "accumulate," citing declining downside risks and multi-year credit leverage in money center banks. "We see a favorable risk/reward building in the large-cap banks, with ...