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Northern Trust Corp. (NTRS) Boosts Profit amidst Troubled Market, Article Posted on BeaconEquity.com

The current market condition has adversely impacted revenue growth of several companies, with uncertainly that led to volatility and equity market declines. The market proves to be weak for financial stocks, with S&P 500 declining 21% and the SPDR Financ

(EMAILWIRE.COM, July 16, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of ‘Northern Trust Corp. (NTRS) Boosts Profit amidst Troubled Market’

Investors can view all of the investment articles for free by visiting:
http://www.beaconequity.com/m - Click on News and Commentary

Northern Trust Corp. (NTRS) Boosts Profit amidst Troubled Market

”The current market condition has adversely impacted revenue growth of several companies, with uncertainly that led to volatility and equity market declines. The market proves to be weak for financial stocks, with S&P 500 declining 21% and the SPDR Financial ETF plunging 42% over the last 12 months. But for a company with a strong business model providing diversified sources of revenue, there is a bright disposition in the middle of this tumultuous environment…

“The current economic perspective may not be that positive on the financial markets, but financial holding company Northern Trust Corp. has established revenue lines which benefited from the market conditions. Currency volatility and related client volumes provided attractive opportunities in foreign exchange while spread income benefited from the Fed's 200 basis point reduction in the Fed funds rate during the first quarter of 2008…

“While Northern Trust's revenue line items such as investment, trust and other servicing fees were adversely impacted by market conditions, its foreign exchange trading and net interest income took advantage of the opportunity…”

To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
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stock market, investing, investment ideas, market activity, small caps, micro caps, beacon equity research, northern trust, financial, financial holding company, trust, investment

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