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S&P: State Street unchanged
Standard & Poor's said that its ratings on State Street Corp. (A+/negative/A-1) are not affected by the company's just-announced third-quarter earnings.
S&P said that although State Street's earnings trends were not strong, they were adequate and within the agency's expectations. S&P said it assumes continued stabilization of operating results, an absence of further substantial market risk in coming quarters and maintenance of solid capital.
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