Jefferies Reduces Estimates on Trust Banks, Favors State Street (STT) In Poor Market Conditions

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Bank of New York (NYSE: BK) Delayed: 137.16 --0 (-0%)
Previous Close $137.16    52 Week High $47.87 
Open $137.16    52 Week Low $32.20 
Day High $137.16    P/E 77.49 
Day Low $137.16    EPS $1.77 
Volume 28,070,252       

Northern Trust Corp. (NASDAQ: NTRS) Delayed: 184.86 +2.35 (1.29%)
Previous Close $182.51    52 Week High $82.91 
Open $184.68    52 Week Low $54.38 
Day High $186.05    P/E 61.83 
Day Low $184.20    EPS $2.99 
Volume 370,310       

State Street Corp. (NYSE: STT) Delayed: 186.33 +3.26 (1.78%)
Previous Close $183.07    52 Week High $79.20 
Open $185.09    52 Week Low $50.60 
Day High $187.42    P/E 40.33 
Day Low $185.03    EPS $4.62 
Volume 500,889