International Business News - STT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif State Street Corp. said Tuesday its second-quarter profit rose by nearly half as the financial services firm grew both its fee-based and interest revenue streams. http://www.ibtimes.com/articles/20080715/state-street-2q-profit-rises-by-nearly-half.htm Tue, 15 Jul 2008 08:14:14 EDT ING Group has completed its $900 million acquisition of a retirement services venture jointly owned by Citigroup Inc. and State Street Inc. ING, a Netherlands-based financial services company, said Tuesday it received regulatory approvals for its acquisition of Quincy-based CitiStreet LLC. The transaction's closure comes two months after the deal was announced. http://www.ibtimes.com/articles/20080701/ing-closes-900m-acquisition-of-citistreet.htm Tue, 01 Jul 2008 12:48:54 EDT Investment services provider State Street Corp. spent $170,000 in the first quarter lobbying on emergency preparedness and other issues, according to a recent disclosure form. http://www.ibtimes.com/articles/20080627/state-street-spent-170-000-lobbying-in-1q.htm Fri, 27 Jun 2008 18:08:03 EDT The Supreme Court issued two opinions Thursday siding with employees over the private sector, continuing a recent trend that runs counter to the court's generally pro-business record. http://www.ibtimes.com/articles/20080619/court-decisions-may-place-higher-costs-on-business.htm Thu, 19 Jun 2008 16:47:29 EDT Financial services provider State Street Corp. said Thursday its board raised its quarterly dividend by a penny to 24 cents per share. The dividend is payable July 15 to shareholders of record July 1. http://www.ibtimes.com/articles/20080619/state-street-boosts-quarterly-dividend-to-24-cents.htm Thu, 19 Jun 2008 16:17:08 EDT The Supreme Court made it easier Thursday for employees to prove they have suffered discrimination because of their age. In a 7-1 ruling, the court said that when older workers are disproportionately affected by an employment decision, the employer bears the burden of explaining whether there was a reasonable explanation other than age for the company's action. http://www.ibtimes.com/articles/20080619/court-rules-for-workers-in-age-bias-suit.htm Thu, 19 Jun 2008 12:13:20 EDT Federal antitrust regulators on Wednesday cleared the sale of a retirement services unit jointly owned by Citigroup Inc. and State Street Inc. to Dutch bank ING Group NV. http://www.ibtimes.com/articles/20080618/regulators-ok-900m-sale-of-citistreet-to-ing.htm Wed, 18 Jun 2008 11:12:37 EDT Four major hurdles must be crossed before a broad recovery in the banking sector, and that might not occur for another six to nine months, according to a new research report from Goldman Sachs. http://www.ibtimes.com/articles/20080617/banking-turnaround-likely-in-09-goldman.htm Tue, 17 Jun 2008 12:46:04 EDT Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080604/morgan-stanley-metlife-among-big-movers.htm Wed, 04 Jun 2008 17:29:56 EDT Shares of State Street Corp. slipped Wednesday morning after the financial services company said it would sell more than 35 million shares to raise up to $2.8 billion, a move one analyst said may be linked to acquisition plans. http://www.ibtimes.com/articles/20080604/out-of-the-gate-state-street-shares-slip.htm Wed, 04 Jun 2008 10:16:15 EDT Among the premarket stories for Wednesday, June 4, from AP Financial News: NEW YORK (AP)--Shares of drug maker Eli Lilly & Co. edged up in premarket trading Wednesday and Bristol-Myers Squibb Co. stock fell after a Cowen & Co. analyst upgraded Lilly and downgraded its rival. http://www.ibtimes.com/articles/20080604/premarket-roundup-eli-lilly-morgan-stanley.htm Wed, 04 Jun 2008 09:37:44 EDT State Street Corp. on Wednesday said it will sell 35.7 million shares at a 2 percent discount to Tuesday's closing price. The financial services company priced the offering $70 per share. The company's stock closed Tuesday at $71.36. http://www.ibtimes.com/articles/20080604/state-street-expects-up-to-2-8b-in-share-offering.htm Wed, 04 Jun 2008 09:17:19 EDT Shares of State Street Corp. fell in premarket trading Wednesday after the financial-services firm announced a $2.5 billion stock offering. Shares lost $1.83, or 2.6 percent, to $69.53. http://www.ibtimes.com/articles/20080604/premarket-movers-state-street-sinks-on-offering.htm Wed, 04 Jun 2008 09:16:02 EDT Fitch Ratings said Tuesday it has removed its ratings for State Street Corp. and its affiliates from "Rating Watch Negative" after the financial-services firm said it began an offering of about $2.5 billion of common stock. http://www.ibtimes.com/articles/20080603/fitch-removes-state-street-ratings-from-watch.htm Tue, 03 Jun 2008 15:59:33 EDT Financial-services firm State Street Corp. said Monday it began an offering of about $2.5 billion of common stock. The company said the offering will include an option for underwriters to buy more shares. http://www.ibtimes.com/articles/20080602/state-street-to-offer-2-5b-in-stock.htm Mon, 02 Jun 2008 17:54:08 EDT Financial services firm State Street Corp. said Thursday the personal data of some employees and customers of Investors Financial Services was stolen from a vendor's facility, but there is no evidence data has been used. http://www.ibtimes.com/articles/20080529/state-street-says-personal-data-has-been-stolen.htm Thu, 29 May 2008 08:26:03 EDT Diversified financial services stocks fell Thursday as investors awaited quarterly results from insurance provider American International Group and worried about the financial health of State Street Corp. http://www.ibtimes.com/articles/20080508/closing-glance-diversified-financial-shares-decline.htm Thu, 08 May 2008 16:39:55 EDT State Street Corp. has signed a lease for a new operations center in Krakow, Poland that is big enough to accommodate as many as 1,000 employees. The Boston-based provider of financial services to institutional investors said Tuesday that construction of the 125,000-square foot building is expected to be completed in June 2009. http://www.ibtimes.com/articles/20080506/state-street-office-in-poland-could-employ-1-000.htm Tue, 06 May 2008 12:19:44 EDT Citigroup Inc. and State Street Corp. said Friday they will sell benefit services company CitiStreet LLC to ING Group in a deal worth $900 million. Insurer ING said it will fund the acquisition from existing internal resources. http://www.ibtimes.com/articles/20080502/citigroup-state-street-to-sell-citistreet-for-900-million.htm Fri, 02 May 2008 07:02:27 EDT A justice was missing, again, when the Supreme Court heard its final argument of the term Wednesday, raising the prospect that the remaining eight justices could split and leave unresolved the very issue they had agreed to settle. http://www.ibtimes.com/articles/20080423/another-justice-sits-out-another-case.htm Wed, 23 Apr 2008 16:19:13 EDT