AP News

Movers roundup: State Street, Bankrate


Among the stock activity stories for Tuesday, Oct. 16, from AP Business News:

— State Street Corp. shares rose on after the custody bank's third-quarter earnings topped Wall Street expectations due to expense cutting and growth in investment management revenue.

— Shares of Bankrate Inc. fell to an all-time low after the online publisher of financial data predicted third-quarter results that fell far short of Wall Street forecasts.


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