All Posts Tagged With: "NTRS"
(HBAN) Huntington Bancshares Beats – Revenue Increases
After reporting an in line result in the prior quarter, Huntington Bancshares Inc. (HBAN) came up with better-than-expected results in the first quarter of 2012. The company reported earnings per share of...
(NTRS) Northern Trust Corporation Increases Dividend
On Wednesday, Northern Trust Corporation (NTRS) increased its quarterly common stock dividend by 2 cents to 30 cents per share. The dividend will be paid on July 2, 2012 to shareholders of record as of June...
(GS) Earnings Season Hits Full Throttle
Germany paid the lowest interest rate in its history in a two-year bond auction this morning, even as the country lowered its economic growth outlook for 2012. The World Bank also came out with a lowered growth outlook for the global economy this year, but there is hardly...
(BBT) Standard & Poor’s Revises Regional Bank Ratings
In yet another round of credit ratings revision, Standard & Poor’s (S&P) announced changes in credit ratings for 31 regional banks. The list includes 28 publicly traded parent company banks, a non-public entity Bank of North Dakota and a couple of North American...
(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11
While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500.
Thus, by the end of the week we...
(BK) The Bank of New York Mellon to Charge for Deposits
On Thursday, The Bank of New York Mellon Corporation (BK) announced to charge fee on cash deposits of institutional investors following the surge in deposit balance with the banks. Investors having accounts...
(NTRS) Northern Trust Acquires Omnium
Last Friday, Northern Trust Corporation (NTRS) completed the acquisition of Omnium LLC, a leading hedge fund administrator, from Citadel. The acquisition of Omnium, which has around $70 billion in assets...
(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11
Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are...
(NTRS) Northern Trust Analyst Stays Neutral on Shares
We are maintaining our Neutral recommendation on Northern Trust Corporation (NTRS) based on favorable acquisition spree and global expansions of the company.
In May 2011, Northern Trust agreed to acquire...
(HBAN) Huntington Bancshares Upgraded
We have upgraded our recommendation on Huntington Bancshares Inc. (HBAN) to Neutral from Underperform on the back of fundamentals, better-than-expected first quarter 2011 results, current economic environment...
(BAC) Federal Reserve Requires More Stress Tests
The Federal Reserve requires more banks to submit their capital plans annually to prove their financial ability to confront another recession. The Federal Reserve will also hold the right to ban capital deployment activities of unsuccessful banks.
This is part of Federal...
(NTRS) Northern Trust Acquires BoISS
On Wednesday, Northern Trust Corporation (NTRS) announced the completion of its acquisition of Bank of Ireland Securities Services (BoISS) from Bank of Ireland Group for €60 million ($82...
(NTRS) Northern Trust Looks To Be On An Acquisition Spree
Northern Trust Corporation (NTRS) is on an acquisition spree. The latest acquisition that the company has agreed to is that of Omnium LLC, a leading hedge fund administrator, from Citadel. The acquisition...
(NTRS) Northern Trust Analyst Upgrades Shares to Neutral
We have upgraded our recommendation on Northern Trust Corporation (NTRS) to Neutral from Underperform attributed to synergies expected from the recent acquisitions.
In April, Northern Trust reported...
(MI) Marshall & Ilsley Reports High Loss
Marshall & Ilsley Corporation’s (MI) first quarter 2011 loss of 27 cents per share exceeded the Zacks Consensus Estimated loss of 18 cents but was in line with the prior-year quarter result.
M&I’s...
(NTRS) Northern Trust Earnings Report Estimates
Northern Trust Corporation’s (NTRS) first-quarter 2011 earnings of 59 cents per share were below the Zacks Consensus Estimate of 65 cents per share. The decrease was attributable to a persistently low interest...
(GS) Earnings Boost For Stocks – Ahead of Wall Street
Tuesday, April 19, 2011
Following the uncomfortable reminder from the S&P yesterday about the nation’s financial health, stocks will likely go back to ‘normal’ behavior today. Helping the market shift its focus is positive earnings reports from...
(NTRS) Northern Trust Analyst Downgrades Shares To Underperform
We have downgraded our recommendation on Northern Trust Corporation (NTRS) to Underperform from Neutral, as the current operating environment is putting pressure on earnings.
Though we expect the company...
(NTRS) Northern Trust Corporation Buys Bank of Ireland Securities Services
Last week, Northern Trust Corporation (NTRS) announced the acquisition of Bank of Ireland Securities Services (BOISS) for $82 million (€60 million).
BOISS, the fund administration...
(NTRS) Northern Trust Fourth Quarter Earnings Report Lags Estimates
Northern Trust Corporation’s (NTRS) fourth quarter earnings of 64 cents per share were below the Zacks Consensus Estimate of 71 cents per share. The decrease was attributable to low interest rate environment,...
(ABT) Company News for January 20, 2011 – Corporate Summary
• Share prices of tech major IBM (NYSE:IBM) rose by 3.35% after the company posted excellent earnings figure on Tuesday night
• Adtran Inc (NASDAQ:ADTN) increased...
(NTRS) Northern Trust Quarterly Earnings Report Lags Estimates
Northern Trust Corporation’s(NTRS) third quarter earnings of 64 cents per share were below the Zacks Consensus Estimate of 72 cents per share, attributed to low interest rate environment and lingering economic...
(STT) State Street Corporation Expands Relationship with Babson
State Street Corporation (STT) is expanding its relationship with Babson Capital Management LLC by providing investment operations and technology services. The company has already been providing custody, trustee,...
(NTRS) Northern Trust Corporation – Bear of the Day
We have downgraded the recommendation for Northern Trust Corporation (NTRS) to Underperform from Neutral given uncertain prospects related to changes within the financial services industry and regulatory...
(NTRS) Northern Trust Analyst Lowers Shares
We have downgraded our recommendation for Northern Trust Corporation (NTRS) to “Underperform” from “Neutral”, given the low interest rate environment and the uncertain prospects related to changes...
(STT) State Street Corporation Looks to Surpass Estimates
State Street Corp. (STT) said on Wednesday that it expects to report second quarter 2010 operating earnings of 93 cents, which would easily beat the Zacks Consensus Estimate of 72 cents.
Operating earnings...
(NTRS) Northern Trust’s Second Quarter Report Beats Estimates
Northern Trust Corporation’s (NTRS) second quarter earnings of 82 cents per share outpaced the Zacks Consensus Estimate of 74 cents per share, despite the low interest rate environment and lingering economic...
(STT) State Street Corporation Reports Second Quarter 2010 Earnings In-Line
State Street Corporation (STT) reported second quarter 2010 operating earnings of 93 cents, in line with the Zacks Consensus Estimate. Results improved 24% from 75 cents in the prior quarter and 4.5% from...
(NTRS) Northern Trust Corporation Boosts Insurance Business
Northern Trust Corporation (NTRS) is experiencing a strong growth in delivering solutions to insurance companies. The addition of new clients and an increase in services to its existing clients have helped...
(NTRS) Northern Trust Fourth Quarter Report Misses Expectations
Northern Trust Corp.’s (NTRS) fourth quarter earnings of 64 cents per share were below the Zacks Consensus Estimate of 72 cents. Last year, the company reported a gain of 61 cents per share. Earnings benefited...