NEW YORK (MarketWatch) – State Street Corp. reported its second-quarter profit rose to 1 million, or .24 a share, from 0 million, or 98 cents a share, a year earlier. Non-generally accepted accounting principals profit rose to 1 million, or .24 per share. Revenue rose to .56 billion, from .42 billion a year earlier, the bank said Friday. Analysts had expected earnings of .21 a share on revenue of .53 billion, according to FactSet. The company credited new business and improving equity markets for its earnings growth. Shares in State Street were unchanged in premarket trading.
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State Street second-quarter profit, revenue rise is a post from: The Forex Trading System Blog
