Street Performance

Boston’s State Street to Cut 1,700 Jobs By Early 2009 (Update1) (Bloomberg)

4 Dec 2008

Dec. 3 (Bloomberg) -- State Street Corp ., the world’s largest money manager for institutions, plans to cut 1,700 jobs by March to offset the impact of the bear market on profits.

Enbridge offers 2009 guidance above Street views (AP via Yahoo! Finance)

4 Dec 2008

Canadian oil and gas pipeline company Enbridge Inc. on Wednesday offered 2009 guidance in a range that tops Wall Street expectations, saying it expects a "very favorable financial performance next year."

State Street Takes Action Designed to Maintain Continued Strong Performance in Challenging Environment (Business Wire via Yahoo! Finance)

3 Dec 2008

BOSTON----State Street Corporation, , announced today a plan to reduce its operating costs and support the company’s long-term growth while aligning the organization to meet the challenges and opportunities presented by the current market environment.