(Reuters) - Boston-based State Street, which also makes money by
holding trillions of dollars in securities in custody and
calculating the bulk of mutual fund prices printed in
newspapers, said net income climbed to $366 million, or $1.07
per diluted share, in the second quarter.
That compares with $227 million, or 68 cents, a year
earlier, when non-cash tax adjustments of 25 cents a share
weighed on earnings.
Read more at Reuters.com Market News
holding trillions of dollars in securities in custody and
calculating the bulk of mutual fund prices printed in
newspapers, said net income climbed to $366 million, or $1.07
per diluted share, in the second quarter.
That compares with $227 million, or 68 cents, a year
earlier, when non-cash tax adjustments of 25 cents a share
weighed on earnings.
Read more at Reuters.com Market News
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