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View Full Version : State Street to sell stock, takes $3.7 billion charge (Reuters)


Yahoo! Finance
05-18-2009, 09:11 AM
<b>Yahoo! Finance: Mutual Fund News</b>

State Street Corp said on Monday it plans to sell $1.5 billion of stock to help repay government bailout funds, and took a $3.7 billion charge as it moved asset-backed commercial paper conduits onto its balance sheet.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/090518/business_us_statestreet.html?.v=2)