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Reuters: State Street posts higher profit, shares fall

Started by chris, October 15, 2008, 06:59:30 PM

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chris

State Street posts higher profit, shares fall
      


BOSTON (Reuters) - State Street Corp , one of the world's biggest institutional money managers, reported rising unrealized losses in its commercial paper program and investment portfolio on Wednesday, sparking concerns among investors who sent its shares tumbling as much as 13 percent.
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