Northern Trust Corporation (NTRS) has been in the news for both positive and negative reasons, mainly focusing on its stock performance, earnings, financial results, and partnerships. On the positive side, Northern Trust's stock outperformed its competitors several times, and the corporation had earnings and revenues that topped estimates. Furthermore, it has appointed a new market leader for Los Angeles and been selected for research management and portfolio construction capabilities by Cornerstone FTM.
On the negative side, there have been scenarios where the stock did not perform well compared to its competitors and times when it underperformed the market. The corporation's Q1 earnings missed the expectations, forecasted a bigger drop in net interest income and had a disappointing Q4 earnings. Dividends of $0.75 are due for payout.
The news also mentioned further investments in Northern Trust Co. such as Los Angeles Capital Management LLC making a $1.14 million investment and New York Life Investment Management LLC raising its stock holdings.
Northern Trust Corp NTRS News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 10:11:00 GMT -
Rating 0
- Innovation 7
- Information 6
- Rumor 2
