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Updates Q3 2009 Reported Results to Reflect Increased Reserve;
Operating Outlook for 2009 Remains Unchanged |
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| Effective March 1, 2010, Ronald E. Logue to Retire; 23-Year State Street Veteran Jay Hooley
To be Named CEO |
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Total Revenue Increases 5% Compared to Second Quarter with Servicing Fees Up 5% and Management Fees up 13%
Continued Expense Control Drives Q3 2009 Positive Operating Leverage Relative to Q3 2008 |
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Operating-Basis Earnings Per Share Are $1.04 in Second Quarter
Fee Revenue Increased 7% Compared to First Quarter and Continued Expense Control Drives Q2 2009 Positive Operating Leverage on an Operating Basis, Relative to Both Q2 2008 and Q1 2009 |
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