Latest Northern Trust Corp (NTRS) Headlines Wil
Post# of 40
Will This Downgrade Hurt Northern Trust (NTRS) Today?
at The Street - Tue Mar 11, 8:19AM CDT
UBS downgrades Northern Trust (NRTS) to 'sell' from 'neutral,' saying the stock is expensive as an asset manager with less flexibility.
Downgrade Alert for Northern Trust (NTRS)
Comtex SmarTrend(R) - Tue Mar 11, 7:03AM CDT
Northern Trust (NASDAQ:NTRS) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $64.12 on volume of 770,000 shares, below average daily volume of 1.1 million. Northern Trust has overhead space with shares priced $64.12, or 1.0% below the average consensus analyst price target of $64.79. Northern Trust shares have support at the 50-day moving average (MA) of $61.42 and additional support at the 200-day MA of $58.34.
Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: AWF, HII, NTRS
at The Street - Tue Mar 04, 9:00AM CST
AWF HII NTRS are going ex-dividend tomorrow, Wednesday, March 5, 2014, 5:00 AM ET
Northern Trust Sued for Punitive Damages in Case of Severely Disabled Woman
Business Wire - Mon Mar 03, 8:00AM CST
Attorneys for a severely disabled Lauderhill, Fla. woman recently amended a lawsuit against The Northern Trust Company to include a claim for punitive damages. Citing reckless and grossly negligent behavior and conduct that constitutes conscious disregard or indifference to the rights of victim Cristal Marie McBean, the amended complaint adds punitive damages to a case that already seeks to recover $7.6 million. Following a tragic accident that left McBean permanently disabled, the family entrusted her substantial financial settlement to Northern Trust, but instead the company squandered her money and left her nearly destitute according to the suit filed by attorneys at Stewart, Tilghman, Fox, Bianchi & Cain, P.A.
Financial Advisors Report Positive Client Response to Investment Outsourcing
Business Wire - Thu Feb 27, 1:53PM CST
Financial advisors who outsource investment management activities to external providers overwhelmingly say their decision was greeted positively by clients and in most cases has led to business growth, according to a new study by Northern Trust.
Northern Trust expands presence in Asia Pacific with new Malaysian office
M2 - Tue Feb 25, 5:09AM CST
US-based Northern Trust Corporation (Nasdaq:NTRS), a provider of investment management, asset and fund administration, banking solutions and fiduciary services, disclosed on Monday that it extended its presence in the Asia-Pacific region with a new Malaysia representative office to support its institutional clients and develop business.
Northern Trust Opens Malaysia Office
Business Wire - Mon Feb 24, 7:00PM CST
Northern Trust (Nasdaq: NTRS) today extended its presence in the Asia-Pacific region with the opening of a Malaysia Representative Office to support current institutional clients and develop Northern Trust's businesses in Malaysia and the region.
Northern Trust Survey: Less Than 30% of Insurers Confident Their Investment Operations Infrastructure Will Meet Future Challenges
Business Wire - Mon Feb 24, 4:10AM CST
Less than 30 percent of respondents to an independent survey* conducted on behalf of Northern Trust (Nasdaq: NTRS) on the state of the global insurance industry said they were not concerned about the ability of their current systems to meet their future regulatory requirements.
Northern Trust declares its selection by EISS for asset servicing
M2 - Thu Feb 20, 9:21AM CST
Financial holding company Northern Trust Corporation (Nasdaq:NTRS) disclosed on Wednesday that it has been selected by the Energy Industries Superannuation Scheme (EISS) to provide a full range of master custody and related services for the estimated AUD4.3bn fund.
Northern Trust Expands Global Family & Private Investment Offices Group in London
Business Wire - Thu Feb 20, 5:27AM CST
To support the increasingly complex needs of ultra-high net worth families and their family offices and foundations, Northern Trust is expanding its global family offices team in London with two new appointments.
Energy Industries Superannuation Scheme (EISS) Appoints Northern Trust for Asset Servicing
Business Wire - Wed Feb 19, 4:00PM CST
Northern Trust has been selected by the Energy Industries Superannuation Scheme (EISS) to provide a full range of master custody and related services to the AU$4.3 billion (approximately US$3.9 billion) fund.
Strategy To YieldBoost NTRS To 7.3% Using Options
at The Street - Wed Feb 19, 10:37AM CST
Shareholders of Northern Trust Corp. looking to boost their income beyond the stock's 2% annualized dividend yield can sell the July covered call at the $65 strike and collect the premium based on the $1.35 bid, which annualizes to an additional 5.3%...
Research and Markets: Analysis of the Southeast Asia Radio Frequency Identification Market
Business Wire - Wed Feb 19, 6:32AM CST
Research and Markets (http://www.researchandmarkets.com/research/64rbqw/analysis_of_the) has announced the addition of the "Analysis of the Southeast Asia Radio Frequency Identification Market" report to their offering.
Northern Trust Survey: Majority of Fund Managers Think Investors Still Won't Be Engaged in AIFMD Considerations by 2015
Business Wire - Mon Feb 17, 7:09AM CST
More than 50 percent of fund managers, prospective clients and consultants attending a recent Northern Trust (Nasdaq: NTRS) seminar on the European Union's Alternative Investment Fund Manager Directive (AIFMD) said they believed investors would still not be engaged in AIFMD considerations by December 2015.
Northern Trust Named Global Custodian of the Year in Inaugural Central Banking Awards
Business Wire - Thu Feb 13, 3:51AM CST
Central Banking magazine, part of Incisive Media, has named Northern Trust its Global Custodian of the Year in its first awards recognizing excellence in the central banking community. The award was based on Northern Trust's excellence in asset servicing, client service, and execution around innovation and change.
Fitch to Confirm 'AA-/F1+' Ratings for Elmhurst Memorial Healthcare (IL) 2008D
Business Wire - Wed Feb 12, 3:35PM CST
On the effective date of Feb. 19, 2014, Fitch Ratings will confirm the 'AA-/F1+', Stable Outlook, rating for the $50 million Illinois Finance Authority variable rate demand revenue bonds (Elmhurst Memorial Healthcare) series 2008D.
Fitch Affirms U.S. Trust and Processing Bank Ratings Following Industry Peer Review
Business Wire - Wed Feb 12, 8:29AM CST
Fitch Ratings has affirmed the ratings of the U.S. Trust and Processing Banks (referred to as Trust Banks) following a peer review committee. The four banks included in this peer review are Bank of New York Mellon Corporation (BK, rated 'AA-/F1+'), State Street Corporation (STT, rated 'A+/F1+'), Northern Trust Corporation (NTRS, rated 'AA-/F1+'), and Brown Brothers Harriman (BBH, rated 'A+/F1+'). The Rating Outlook for BK, NTRS, and BBH remain Stable and the Rating Outlook for STT remains Positive. A complete list of ratings is included at the end of this rating action commentary.
Asia Asset Management Honors Northern Trust for Best Client Servicing in Asia-Pacific
Business Wire - Tue Feb 11, 7:00PM CST
For the third consecutive year, Asia Asset Management has recognized Northern Trust for "Best Client Servicing in Asia-Pacific," citing its commitment to personalized client service, integrated business intelligence, product innovation and customizable capabilities.
Key Information Systems in Eighth Year as Sponsor of Northern Trust Open Golf Tournament in Los Angeles
Business Wire - Mon Feb 10, 6:31PM CST
--Highlights
Equity Performance Leads to a Solid Year for Institutional Plan Sponsors
Business Wire - Tue Feb 04, 11:24AM CST
Institutional plan sponsors saw the fifth consecutive year of positive returns in 2013, gaining almost 14 percent at the median year-over-year, according to data provided by the Northern Trust Universe.