State Street (STT -7.1%) in a bad state following its earnings miss and after it said that would...

|About: State Street Corporation (STT)|By:, SA News Editor

State Street (STT -7.1%) in a bad state following its earnings miss and after it said that would make further cost cuts at its capital-markets ops due to what it expects to be continued weakenss in global markets. Shares are down despite operating profit rising 4.4% to $454M.