Jefferies Raises EPS Estimates on State Street (STT)

Jefferies raises its EPS estimates on State Street STT following STT's announced restructuring plan. Jefferies adjustments listed below: 4Q10 2011 2012 2013 Old GAAP EPS $1.06 $4.32 $4.65 $5.02 New GAAP EPS $0.82 $4.25 $4.61 $5.22 Old operating EPS $0.86 $3.70 $4.00 $4.40 New operating EPS $0.86 $3.73 $4.05 $4.70 STT closed yesterday at $43.20.