New York State Teachers' Retirement System, Albany, hired State Street...

New York State Teachers' Retirement System, Albany, hired State Street Global Advisors to run $479 million in passive international equities, said Dave Daly, spokesman for the $79 billion system. The portfolio's previous manager, AllianceBernstein, was terminated because of market-timing issues, Mr. Daly said. The firm had been on watch. John Meyers, Alliance spokesman, declined to comment.