Updating State Street Corp., Fair Isaac Corp., and Agilent Technologies

Article Excerpt

STATE STREET CORP. $67 (www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also offers banking services. The company recently completed its purchase of Charles River Systems Inc. for $2.6 billion. That firm sells financial information and analytical software to over 300 institutional investors. Meanwhile, thanks to a successful cost-cutting plan, earnings in the third quarter of 2018 rose 12.7%, to $709 million, or $1.87 a share. A year earlier, it earned $629 million, or $1.66. State Street expects the plan will save it a total of $200 million by the end of 2019. Buy. FAIR ISAAC CORP. $197 (www.fairisaac.com) has extended its multi-year agreement with Equifax Canada to distribute FICO Scores to lenders, consumers and businesses in Canada. Equifax Canada’s BEACON score will also be renamed FICO score. Owned by Equifax of Atlanta, Georgia, Equifax Canada is one of two agencies (the other being TransUnion Canada) providing credit bureau and information reports for businesses, including those in the financial…

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