Asset Management & Custody Banks

Invesco (NYSE: IVZ) announces its next round of earnings this Tuesday, July 26, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings report. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of 43 cents per...

Shares of The Blackstone Group (NYSE: BX) are higher on the session by 3.94%, trading at $16.90. Overall call volume is now running at 3.09x the daily average, with 90% of all calls traded being purchases on the offer. 17,899 contracts have traded on the session so far. The Blackstone Group L.P...

Shares of Northern Trust (NASDAQ: NTRS) are higher on the session by 1.90%, trading at $45.03. Overall call volume is now running at 3.60x the daily average, with 6% of all calls traded being purchases on the offer. 1,047 contracts have traded on the session so far. Northern Trust Corporation is...

Keefe, Bruyette & Woods has issued a report raising the Price Target on Northern Trust (NASDAQ: NTRS) to $52 a share. According to the report, "2Q was characterized by stronger than expected top-line growth and healthy new business trends, but the improvement in top-line was generally offset...

J.P. Morgan Chase & Co. is out with a research report on Northern Trust (NASDAQ: NTRS) and it has a Neutral rating and a $51.50 price target on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "NTRS finally turned in an improved 2Q operating EPS of $0.70 (ex $0.08 merger and...

Citi reiterated its Buy rating on BlackRock (NYSE: BLK). At the same time, the rating agency reduced its price target on the company's stock from $255 to $250. On Wednesday, BLK added 0.44% to its value to finish the day at $184.50.

Jefferies & Company has changed the price target on the following companies: Hansen Natural Corp. (NASDAQ: HANS) Buy, PT from $85.00 to $90.00 Mattel, Inc. (NASDAQ: MAT) Buy, PT from $31.00 to $33.00 Nalco Holding (NYSE: NLC) Hold, PT from $30.00 to $38.80 Northern Trust (NASDAQ: NTRS) Hold...

Deutsche Bank made a number of updates in a research report published today. Tractor Supply Co. (NASDAQ: TSCO) had its rating reiterated at Buy. At the same time, its price target was raised from $70 to $80. Johnson Controls (NYSE: JCI) had its rating reiterated at Hold...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesdays's trading session (listed from highest total volume to lowest): 1) Nalco Holding (NYSE: NLC): Shares...

American Capital Mortgage Investment Corp. announced today that it plans to conduct an initial public offering of its common stock. The Company expects to offer 17,500,000 shares to the public at the proposed initial public offering price of $20.00 per share, for estimated net proceeds of $349...

Goldman Sachs reiterated its Neutral rating on BlackRock (NYSE: BLK). In today's trading, BLK added 3.69% to its value to trade around $190.47.

International Strategy & Investment Group has issued a report following State Street's (NYSE: STT) 2Q results. According to the report, "The miss to our estimate was entirely due to much higher compensation than expected ($1.01bn vs. $960mn forecast), while revenue was stronger in most...

Northern (NTRS) announced its results for the most recent quarter on July 20, 2011. Let's take a closer look at the numbers and see what steps you can take. Earnings and Revenue: Northern posted EPS and revenues short of predictions. The company reported EPS of 62 cents/share versus the 69 cents/...

Jefferies has issued a report lowering the Price Target on State Street (NYSE: STT) from $61 to $57 a share. According to the report, "Although 2Q results disappointed on expenses, core business lines have momentum, capital ratios are in excellent shape, and cost saves should begin to filter...

KBW is out with its report today on Bank of New York Mellon (NYSE: BK), maintaining Market Perform. In a note to clients, KBW writes, "Overall, earnings were roughly in line with our expectations as in-line operating revenues were offset by higher expenses. While revenue growth and new business...