Northern Trust Corporation
Sponsored Links
Inside Northern Trust Co.
Get Northern Trust Corp. Employee Surveys: Culture, Pay, Recruiting!
News and Blogs

Total : 2 View more »
Northern Trust has instructed the Manchester Office to advise on business rates and in particular...
Northern Trust has instructed the Manchester Office to advise on business rates and in particular to mitigate the effects of the Rating (Empty Properties) Act, the introduction of which means they will have large annual payments in respect of empty rates from 1 April 2008.
http://www.kingsturge.co.uk/commercial/news/it-pays-to-be-in-the-know-.htm?&printable=true
InStaffs (UK) Limited - Home Page | Property Search | Development Sites | Chatterley Valley | News
30/04/2008 Following planning approval, Gazeley Developments will also be making a start this month at Chatterley Valley on a 385,000sqft unit that forms part of the carbon positive Blue Planet sustainable industrial development scheme.
http://www.instaffs.co.uk/propertysearch_developmentsites_news.asp?SiteID=33
Web Sites

Total : 18 View more »
Kara Rupp and Jeff Votaw - Northern Trust Real Estate - 205 E Benson Blvd, Anchorage, AK 99503
We are a dymanic full service real estate team that strives to provide our clients with the most professional and reliable service in the industry. Combined we offer over 5+ years of experience and knowledge.
Property investment company, Northern Trust's Requirements: Industrial, Offices, Retail Land
Northern Trust is a property investment company specialising in the provision of industrial and office accommodation, predominantly, but not exclusively, for small businesses.
Women's Council of Realtors
Paula Benson Not a Realtor® or Realtor associate®, but works in an affiliated company Northern Trust 1590 E Financial Drive #F-200 Wasilla AK 99654 Phone: (907) 352-1911 Email: pbenson@mtreak.
Localism: Real Estate Agents and brokers in Alaska
ActiveRain corp. is not responsible for the accuracy of the sites content which is written by members of the ActiveRain Real Estate Network, and does not necissarily endorse the views of the Alaska real estate agents, mortgage brokers and others listed here.
News from Zibb.com
Total : 48 View more »
Northern Trust downgraded to hold by Deutsche Bank - Zibb.com
NEW YORK, Apr 28, 2008 (Thomson Financial via COMTEX) --
Northern Trust Corp. was downgraded to hold from buy by Deutsche Bank, which said it believes the benefits from the decline in interest rates have already run its course and given the risks to results going forward.
Analyst Mike Mayo said the trust services company can't rely on merger cost savings to offset more stable interest rates that may help others. Mayo also sees risk to asset management and custody fees if equity values decline.
He kept his stock price target at $80. Mayo said the stock is now trading at historically high valuations.
The stock closed Friday at $76.70, and has gained 15% since the end of March. Over the past year, the stock has gained 22% vs. a 5.7% decline in the S&P 500 Index over the same time. Tomi Kilgore tk1
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
MMMM
Tags: equity index interest rates merger
Companies: Deutsche Bank AG (DB), Northern Trust Corp. (NTRS)
Northern Trust (NTRS) NewsBite: Northern Trust Drops Following Downgrade - Zibb.com
Apr 28, 2008 (Fresh Brewed Media via COMTEX) --
Northern Trust Corp. (NTRS) opened at 74.45. So far today, the stock has hit a low of 73.86 and a high of 75.66. NTRS is now trading at 73.96, down 2.74 (-3.68%). The stock hit its 52 week high of 83.17 in November and set its 52 week low of 58.73 in August. After selling off between November and March the stock has been moving higher over the past month. The stock has been trading lower today after the stock was downgraded last night by Deutsche Bank from a "buy" to a "hold". Technical indicators for the stock are bullish and strongly improving while S&P gives NTRS a positive 4 STARS (out of 5) accumulate rating. If you're looking for a hedged play on this stock, consider a July bear-call credit spread above the $85 range. NTRS stock could rise up to 12.4% before expiration and this position would still be profitable.
RHF- Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock
Tags: investment opinion S&P
Companies: Northern Trust Corp. (NTRS)
Northern Trust to Provide Hosted Trust Solution for Ledyard National Bank - Zibb.com
CHICAGO, April 30, 2008 /PRNewswire-FirstCall via COMTEX/ --
Northern Trust announced today it has been selected to provide correspondent services for Ledyard National Bank, a community bank for personal and business clients with eight locations throughout New Hampshire and Vermont. Northern Trust will deliver trust accounting and investment management activities through the TrustPortal, a Web-based service platform for financial institutions.
"Northern Trust has established a solid banking and trust business, making them a valuable partner in our own banking pursuits," said Bob Boon, EVP and Managing Director at Ledyard. "An emphasis on client relationships and business development is essential to our success, and Northern Trust's TrustPortal solution will help manage the day-to-day operations while allowing us to focus on those core objectives."
"Ledyard is the first client to fully implement the TrustPortal hosted solution deployed by Fi-Tek, LLC that will provide their trust associates with Internet access to all of the applications. The greatest advantage is the straight through processing functionality," said David Batrich, vice president and director of North American sales for Correspondent Services at Northern Trust. "As financial institutions grow more and more concerned with operational efficiency and greater productivity, this solution will continue to garner interest."
TrustPortal hosted solution is an integrated service platform and one-stop Internet entry point for TrustPortal applications including Trust Accounting (Trust/Rite), Investment Management (TrustTrader) and Client Internet Access (TrustReporter and TrustStatements), and Account Review (TrustReviewer). TrustPortal is the evolution of Trust/Rite, the stand-alone Trust Accounting application created by Northern Trust in partnership with Fi-Tek LLC. TrustPortal applications are now installed in more than 135 organizations across the United States, with more than $100 billion in combined trust assets.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a multibank holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 15 locations in North America, Europe and the Asia-Pacific region. As of March 31, 2008, Northern Trust had assets under custody of US$4.0 trillion, and assets under investment management of US$778.6 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.
SOURCE Northern Trust Corporation
http://www.northerntrust.com
Tags: accounting bank banking business community europe internet investment nasdaq new hampshire north america partnership president productivity products sales technology vermont web
Companies: Northern Trust Corp. (NTRS)
InvestSource Inc.: Striker Oil & Gas Ramps up Catfish Creek Production - Zibb.com
Jun 09, 2008 (M2 PRESSWIRE via COMTEX) --
Stocks in the News: Striker Oil & Gas, Inc. (OTCBB: SOIS), Northern Trust (NASDAQGS: NTRS), Citigroup (NYSE: C), Grupo Aeroportuario del Pacifico, (NYSE: PAC), Titan International, Inc. (NYSE: TWI), and Graham Corporation (AMEX: GHM)
June 6, 2008 -- Striker Oil & Gas, Inc. (OTCBB: SOIS) announced that it has successfully completed the second well drilled on its Catfish Creek Prospect located in East Texas. The well was completed in the Pettit formation with perforations at 10,435-10,438' and 10,448-10,458' and was flow tested for several days prior to shutting the well in. The well is now waiting on a gas pipeline hookup with a current shut-in pressure of 4,200 psi. The well will be fracced prior to turning the well into the gas pipeline. This prospect consists of over 8,000 gross acres with depths earned to 100 feet below the base of the Pettit formation. Full development of this prospect could result in 20 to 40 wells. Striker has approximately 33% working interest before payout (25% after payout) on this prospect. "We are very encouraged by the gas flow rate from this well taking into account that it has not yet been fracced," said Kevan Casey, Chief Executive Officer of Striker. "We believe 2008 is shaping up to be a great year for Striker as we continue to develop our existing prospects and look for new opportunities that add to our reserves and ultimately shareholder value."
June 6, 2008 - Northern Trust (NASDAQGS: NTRS) announced that Standard & Poor's Rating Services (S&P) affirmed its 'AA-' long-term, and 'A-1+' short-term, counterparty credit ratings on bank holding company Northern Trust Corporation. S&P also raised the long-term counterparty credit rating for The Northern Trust Company, the corporation's principal subsidiary, to 'AA' from 'AA-', awarding both entities a stable outlook. In a research update issued May 30, 2008, S&P cited Northern Trust's "strong market position as a leading provider of personal, corporate and institutional trust, custody, and investment management services." S&P also took into consideration Northern Trust's "consistent profitability" and added: "We believe that Northern Trust's prudent management strategy, conservative lending policies, and disciplined risk management policies and procedures have allowed it to outperform its peers in a challenging market environment." Frederick H. Waddell, president and chief executive officer of Northern Trust Corporation, welcomed the S&P report. "These credit ratings actions are tangible evidence of Northern Trust's consistent strength and financial stability, especially in turbulent times," Waddell said.
June 6, 2008 - Citigroup (NYSE: C) (Citi) announced consistent with its global priority to allocate capital and focus its businesses on the best growth opportunities, that it will further reposition its consumer finance business, CFJ K.K. (CFJ), in Japan. This change reflects Citi's commitment to its higher growth Japanese businesses and to accelerating the integration of Citi and Nikko's retail and institutional securities business platforms, and the reorganization of the operational, technology infrastructure and administrative support platforms. "Over the past several months, we have taken a series of significant steps globally to strengthen the balance sheet, improve risk management, and reorganize the company, which have put Citi on the path to future growth driven by its core businesses. We are excited about the steps we're taking in Japan to strengthen our core businesses and take advantage of the tremendous talent and experience Nikko has brought to Citi," said Vikram Pandit, Citi CEO. As part of the further repositioning of CFJ, the company will close the 32 remaining sales distribution outlets and 540 unmanned automated loan machines, suspend marketing of its DIC consumer finance brand, and reduce new customer bookings. Citi will also focus on leveraging CFJ's infrastructure and consumer lending expertise to support growth initiatives in stronger performing segments of consumer lending and other businesses throughout Japan. The company will implement these actions over the next 12 months to minimize the impact on existing customers. Citi's new group structure in Japan, as previously announced, is intended to enable group-wide management of the company's banking, securities and related businesses in Japan, including 31 retail bank branches and 110 retail securities branches, and help drive growth across the businesses. The company is implementing the new group structure in phases through early 2010, subject to receipt of approvals from relevant authorities. "The recent structural and management changes we've announced in Japan are designed to drive meaningful and sustained growth in our banking and securities operations. We are committed to allocating capital to the highest growth opportunities to better serve the diverse needs of our clients," said Doug Peterson, Chairman, Representative Director, President and CEO, Nikko Citi Holdings Inc.
June 6, 2008 -- Grupo Aeroportuario del Pacifico, (NYSE: PAC) announced preliminary terminal passenger traffic figures for the month of May 2008 compared to traffic figures for May 2007. During May 2008, total terminal passengers decreased 0.5% compared to the previous year; international passenger traffic increased 5.4%, while domestic passenger traffic decreased 3.1% compared to May 2007. Compared to May 2007, domestic terminal passenger traffic in May 2008 registered a net decrease of 41.1 thousand passengers, despite increased passenger traffic at the airports of Guadalajara with 17.4 thousand passengers, Los Cabos with 15.5 thousand passengers, Puerto Vallarta with 11.6 thousand passengers, Hermosillo with 4.9 thousand passengers and Manzanillo with 1.6 thousand passengers. Together these airports represented 51.0 thousand additional passengers.
June 6, 2008 -- Titan Tire Corporation, a subsidiary of Titan International, Inc. (NYSE: TWI), will implement a price increase on tires and assemblies for original equipment manufacturers, effective July 1, 2008. The increase will range from 7 percent to 37 percent, depending on the tire, to offset rising costs for natural rubber, bead wire and oil-based material such as synthetic rubber and carbon black. Overall synthetic rubber shortages have also contributed to rising raw material costs. Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications.
June 6, 2008 Graham Corporation (AMEX: GHM) announced that it has been awarded orders valued at over $10 million for two ejector systems and three surface condensers to be installed in four international oil refineries located in South Korea, China, Malaysia and Russia. The first order is for an ejector system to be installed in a South Korean oil refinery that is expanding its capacity to process more plentiful and lower-priced heavy crude oil. It is the second ejector system that Graham will supply to this end user. The user's previous system was shipped by Graham in early 2007. A portion of the ejector system fabrication will be outsourced to a local manufacturer, with the balance produced in Graham's Batavia, New York facility. The ejector system is scheduled for shipment in the first quarter of fiscal 2010, which ends June 30, 2009.
Wall Street tumbled Friday, taking the Dow Jones industrials down nearly 400 points, on a pair of alarming economic developments: oil prices that shot up by more than $11 a barrel and approached $140 for the first time, and the biggest gain in the government's unemployment rate in more than 20 years. The jump in oil to nearly $140 a barrel -- a number that might have seemed unfathomable only a few months ago -- appeared to wipe out investors' recent optimism over the prospects for a strengthening of the economy. Oil jumped following a Morgan Stanley analyst's forecast of $150 oil by July 4, and in response to a drop in the dollar and fresh tensions in the Middle East. The surge in oil seemed the guarantee that gasoline prices that are on the verge of a national average of $4 a gallon will only continue to climb, putting additional pressure on consumers who have been forced to forgo discretionary purchases in order to pay for gas and other basics. Moreover, consumers who can't find work or who are worried about losing a job will be even more hesitant to spend on extras. Wall Street has been worried of late that a pullback in consumer spending will deal a blow to the economy, as Americans' expenditures account for more than two-thirds of U.S. economic activity. So Friday's surge in oil convinced many investors to pull money out of stocks that suddenly seemed too risky. Crude oil saw a huge rebound during the week after falling amid a drop in demand for gasoline. The biggest gains came Friday, with light, sweet crude setting a high of $139.12 in after-hours trading on the New York Mercantile Exchange. Oil settled at $138.54, a gain of $10.75 for the regular session; that was the biggest one-day advance for oil in the history of the Nymex. The spike in energy prices came as the Labor Department said the nation's unemployment rate jumped to 5.5 percent in May from 5.0 percent in April. It was the biggest monthly increase since February 1986 and the rise leaves unemployment at it highest level since October 2004. Wall Street had predicted an uptick to 5.1 percent. The number of U.S. jobs shrank by a smaller-than-expected 49,000, but that development offered Wall Street little solace as May marked the fifth straight month of jobs losses. But the sudden spurt in oil appeared to weigh most heavily on Wall Street. The increase, fueled in part by a weak dollar, also came after an Israeli Cabinet minister hoping to replace Prime Minister Ehud Olmert was quoted as saying Israel would attack Iran if it doesn't abandon its nuclear program. "I think the biggest concern right now is oil and it's potential for a stagflationary environment," said Bill Knapp, investment strategist for MainStay Investments, a division of New York Life Investment Management. Stagflation occurs when stalling growth accompanies rising prices. The headwinds facing the economy sent the Dow Jones industrial average down 394.64, or 3.13 percent, to 12,209.81; it was down by as much as 412 points at its low of the session. The decline was the worst percentage and point drop since Feb. 27, 2007, when the blue chips dropped 416.02 points, or 3.29 percent, amid concerns about souring debt and an economic slowdown. Broader stock indicators also fell sharply Friday. The Standard & Poor's 500 index lost 43.37, or 3.09 percent, to 1,360.68, and the Nasdaq composite index fell 75.38, or 2.96 percent, to 2,474.56. The day's declines were the steepest percentage losses for the S&P 500 and the Nasdaq since Feb. 5 this year. The Dow Jones Wilshire 5000 Composite Index, an index that measures a wide swath of the U.S market, fell 2.9 percent Friday, a paper loss for the day of about $500 billion. Friday's pullback came a day after the Dow jumped nearly 214 points, its largest daily point gain since April 18 and a reaction to better-than-expected sales from retailers and a dip in weekly jobless claims. Welcome economic news helped investors shrug off a more than $5-a-barrel jump in oil prices. But the advance in oil Friday made it clear to Wall Street that ascendent energy prices posed a serious threat to consumer spending and the economy. Friday's session punctuated an erratic week for the markets. Stocks fell Monday and Tuesday before moving sideways Wednesday and surging Thursday. The back-and-forth moves left the Dow down 3.39 percent for the week, the S&P 500 off 2.83 percent and the Nasdaq with a loss of 1.91 percent. Bond prices jumped Friday after the weak jobs data sent investors scurrying for safety. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.92 percent from 4.04 percent late Wednesday. The dollar declined against other major currencies -- a move that makes each barrel of oil more expensive. Gold prices jumped.
ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO TO: www.investsourceinc.com.
To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to www.ceo-corner.com This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or a solicitation to buy or sell securities. InvestSource, Inc. has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by InvestSource, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this release have not given an opinion or approved the statements made in this release.
InvestSource, Inc. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. InvestSource, Inc. affiliates, officers, directors and employees may also have bought, or may buy the shares discussed in this opinion and may profit in the event of a rise in value. InvestSource, Inc. will not advise as to when it decides to sell and does not, and will not, offer any opinion as to when others should buy or sell; each investor must make that decision based on his or her judgment of the market. InvestSource has been compensated $1000 for services rendered. Please consult your broker before purchasing or selling any securities mentioned herein. To view full disclaimers, please go to http://investsourceinc.com/php/disclaimer.php (disclaimers).
CONTACT: InvestSource, Inc WWW: http://www.investsourceinc.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
Tags: advisor agricultural amex bank banking bond broker business cabinet caribbean ceo china consumer credit rating crude oil dealer debt dollar energy environment finance gasoline gold index industrial investment iran israel japan local malaysia manufacturer market marketing money new_york note nuclear nyse oil pipeline president prices prime minister profit refinery research retail russia S&P sales securities south korea structural technology texas traffic treasury unemployment web
Companies: Citigroup, Inc. (C), Graham Corp. (GHM), Grupo Aeroportuario del Pacifico SA (PAC), Northern Trust Corp. (NTRS), Striker Oil & Gas Inc (SOIS), Titan International, Inc. (TWI)
News from Zibb.com
- Northern Trust downgraded to hold by Deutsche Bank - Zibb.com
- Northern Trust (NTRS) NewsBite: Northern Trust Drops Following Downgrade - Zibb.com
- Northern Trust to Provide Hosted Trust Solution for Ledyard National Bank - Zibb.com
- InvestSource Inc.: Striker Oil & Gas Ramps up Catfish Creek Production - Zibb.com
Explore Related Products
Explore in Related Industries
- Northern Trust Corporation in:
- Construction (12)
