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UPDATE 2-Fed's money market move lifts Northern Trust fund above key threshold [Reuters (UK)]

Northern Trust Corporation (NTRS)  More Company Research Source: Reuters
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
Fed's money market move lifts Northern Trust fund above key threshold - Reuters 4 Min Read BOSTON (Reuters) - Liquidity at a $2.2 billion prime money-market fund run by Northern Trust Corp fell below the key 30% U.S. regulatory threshold twice last week, but rebounded above that level after the U.S. Federal Reserve shored up the industry. As the coronavirus roils the global economy and squeezes Wall Street for cash, money-market reforms put in place after the 2007-2009 financial crisis are weathering a major test. Several institutional prime funds, whose investors include large corporations, were at risk of falling below the 30% threshold before the Fed took extraordinary steps reminiscent of the last financial crisis to backstop the money-market industry. The Northern Prime Obligations Portfolio disclosed that its weekly liquidity level fell to 27% of assets twice last week, according to the fund’s website - reducing its buffer for quickly converting assets into cash to meet investor [Read more]
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Stockreport

UPDATE 2-Fed's money market move lifts Northern Trust fund above key threshold [Reuters (UK)]

Northern Trust Corporation  (NTRS) 
More Company Research Source: Reuters
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
Fed's money market move lifts Northern Trust fund above key threshold - Reuters 4 Min Read BOSTON (Reuters) - Liquidity at a $2.2 billion prime money-market fund run by Northern Trust Corp fell below the key 30% U.S. regulatory threshold twice last week, but rebounded above that level after the U.S. Federal Reserve shored up the industry. As the coronavirus roils the global economy and squeezes Wall Street for cash, money-market reforms put in place after the 2007-2009 financial crisis are weathering a major test. Several institutional prime funds, whose investors include large corporations, were at risk of falling below the 30% threshold before the Fed took extraordinary steps reminiscent of the last financial crisis to backstop the money-market industry. The Northern Prime Obligations Portfolio disclosed that its weekly liquidity level fell to 27% of assets twice last week, according to the fund’s website - reducing its buffer for quickly converting assets into cash to meet investor [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NTRS
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS