State Street Global Exchange Honored by the Journal of Portfolio Management
Business Wire - Fri Mar 20, 1:33PM CDT
State Street Corporation (NYSE: STT) announced today that research article authored by Global Exchange's Will Kinlaw and David Turkington received an outstanding article award as part of The Journal of Portfolio Management's (JPM) 16th Annual Bernstein Fabozzi/Jacobs Levy Awards.
STT: 76.24 (+1.41)
BNY Mellon (BK) Settles FX-pricing Lawsuits for $714M - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 20, 9:20AM CDT
BNY Mellon (BK) has announced the settlement of multi-year litigations related to foreign exchange ("FX"
STT: 76.24 (+1.41), NTRS: 71.35 (+0.42), JPM: 61.75 (+0.55), BK: 40.57 (+0.27)
Will Legal Issues Further Elevate State Street's Expenses? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 18, 3:53PM CDT
On Mar 11, 2015, we issued an updated research report on State Street (STT).
PFBC: 28.13 (+0.50), NTRS: 71.35 (+0.42), STT: 76.24 (+1.41), WAL: 30.04 (+0.42)
State Street Global Advisors Retirement Survey Finds Most Employees Stressed and Distracted by Financial Worries
Business Wire - Wed Mar 18, 1:00PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today released the findings of its semi-annual employee retirement survey, which targeted approximately 1,000 employees between the ages of 20 and 69. Overall, the survey found that the stressors having greatest impact to workers include student loans and mortgages, health care costs and an unsettled feeling that one has not done enough to prepare for retirement.
STT: 76.24 (+1.41)
US Financial 15 Split Corp.: Preferred Dividend Declared
Marketwired - Wed Mar 18, 8:04AM CDT
US Financial 15 Split Corp. ("US Financial 15"
FITB: 19.48 (+0.26), STT: 76.24 (+1.41), RF: 9.64 (+0.14), AXP: 82.70 (+1.16), FTU.TO: 0.32 (-0.02), MS: 36.50 (+0.39)
Asset Allocation Funds Are The Products Of Choice Of European Investors For January 2015
Lipper Insight at Thomson Reuters - Seeking Alpha - Tue Mar 17, 3:40PM CDT
By Detlef Glow After a weak December the European mutual fund industry returned to its growth pattern in January, enjoying net inflows of €25.7 bn into long-term mutual funds. The majority of these flows were again seen into mixed-asset funds...
STT: 76.24 (+1.41), BLK: 378.64 (+8.69), UBS: 18.70 (+0.56)
Upgrade Alert for State Street (STT)
Comtex SmarTrend(R) - Tue Mar 17, 8:06AM CDT
State Street (NYSE:STT) was upgraded from Underperform to Market Perform at Bernstein today. The stock closed yesterday at $74.90 on volume of 2.6 million shares, below average daily volume of 3.1 million. State Street (NYSE:STT) has potential upside of 7.5% based on a current price of $74.90 and analysts' consensus price target of $80.53. The stock should find resistance at its 50-day moving average (MA) of $74.92, as well as support at its 200-day MA of $72.88.
STT: 76.24 (+1.41)
Only a Third of Investment Organizations Have Advanced Data Infrastructure in Place Despite it being a Top Priority, According to State Street
Business Wire - Tue Mar 17, 5:00AM CDT
A new global survey commissioned by State Street (NYSE: STT) of 400 senior executives at investment organizations reveals that while 81 percent view data and analytics as one of their top strategic priorities, only 37 percent have advanced data infrastructure, expertise and high quality governance in place.
STT: 76.24 (+1.41)
Does BNY Mellon CEO's Pay Hike Means No Near-Term Exit? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 16, 4:41PM CDT
BNY Mellon (BK) disclosed an increased pay package of $11.7 million for its Chief Executive Officer (CEO) Gerald Hassell in a regulatory filing on Friday.
STT: 76.24 (+1.41), NTRS: 71.35 (+0.42), JPM: 61.75 (+0.55), BK: 40.57 (+0.27)
2015 Bank Capital Return Plans In A Nutshell
Investing Crunch - at Seeking Alpha - Fri Mar 13, 2:46AM CDT
The Federal Reserve approved capital return plans for most major banks on March 11, 2015. Twenty nine banks received approval to return capital to shareholders via share buybacks and dividends. However, Bank of America (NYSE: BAC ), the 29th bank,...
FITB: 19.48 (+0.26), STT: 76.24 (+1.41), RF: 9.64 (+0.14), HBAN: 11.27 (+0.17), AXP: 82.70 (+1.16), BBT: 39.81 (+0.25), ALLY: 21.23 (-0.11), C: 52.98 (+0.60), BAC: 15.84 (+0.23), MS: 36.50 (+0.39), DFS: 59.41 (+0.82), GS: 193.13 (+3.16), JPM: 61.75 (+0.55), COF: 81.13 (+0.51), USB: 44.86 (+0.42), STI: 42.66 (+0.53), CFG: 24.80 (unch), PNC: 95.97 (+1.10), ZION: 27.45 (+0.94), BK: 40.57 (+0.27), CMA: 46.63 (+1.08)
Marcato Capital Takes Bank Of New York Mellon CEO To Task
Marshall Hargrave - at Seeking Alpha - Thu Mar 12, 4:47PM CDT
STT: 76.24 (+1.41), JPM: 61.75 (+0.55), BK: 40.57 (+0.27)
After Yesterday's Rally of 1.73% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Mar 12, 4:04PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $72.60 to a high of $74.23. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $73.95 on volume of 3.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
STT: 76.24 (+1.41)
Look for Shares of State Street to Potentially Pullback after Yesterday's 1.73% Rise
Comtex SmarTrend(R) - Thu Mar 12, 4:03PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $72.60 to a high of $74.23. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $73.95 on volume of 3.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
STT: 76.24 (+1.41)
Fed Approves Most Capital Plans: Banks on Path to Recovery? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 10:14AM CDT
Following the release of the Dodd-Frank Act supervisory stress test 2015 (DFAST 2015) results last week, the Federal Reserve approved the capital plans of 28 financial institutions out of 31 in the Comprehensive Capital Analysis and Review (CCAR).
FITB: 19.48 (+0.26), STT: 76.24 (+1.41), C: 52.98 (+0.60), DB: 34.15 (+1.23), BAC: 15.84 (+0.23), WFC: 56.01 (+0.50), MS: 36.50 (+0.39), SAN: 7.28 (+0.41), GS: 193.13 (+3.16), JPM: 61.75 (+0.55), COF: 81.13 (+0.51), USB: 44.86 (+0.42), PNC: 95.97 (+1.10), BK: 40.57 (+0.27)
Will Investors' Disapproval Cost BNY Mellon CEO's Job? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 11, 5:10PM CDT
Share price of BNY Mellon (BK) ended 1.5% lower at the end of yesterday's trading session after a San Francisco-based investment manager Marcato Capital Management challenged BNY Mellon's leadership.
STT: 76.24 (+1.41), NTRS: 71.35 (+0.42), JPM: 61.75 (+0.55), BK: 40.57 (+0.27)
State Street declares $0.34 dividend
Seeking Alpha - at Seeking Alpha - Wed Mar 11, 4:12PM CDT
STT: 76.24 (+1.41)
State Street Corporation Announces an Intention to Increase Its Quarterly Common Stock Dividend to $0.34 per Share and an Authorization to Purchase Up to $1.8 Billion of its Common Stock
Business Wire - Wed Mar 11, 4:08PM CDT
State Street Corporation (NYSE:STT) today announced that the Federal Reserve did not object to the Company's capital plan, reviewed by the Federal Reserve as part of the 2015 Comprehensive Capital Analysis and Review (CCAR) process. The capital plan includes a proposed common stock dividend increase and a new common stock purchase program.
STT: 76.24 (+1.41)
State Street Corporation Announces Date for Release of First-Quarter 2015 Financial Results and Conference Call Webcast
Business Wire - Tue Mar 10, 3:15PM CDT
State Street Corporation (NYSE:STT) plans to release its first-quarter 2015 financial results on Friday, April 24, 2015, followed by a related internet broadcast of a conference call at 9:30 a.m. EDT.
STT: 76.24 (+1.41)
Market Movers - Asset Management and Custody Banks Stocks -- Bank of NYSE Mellon, State Street, American Capital, Fifth Street Finance, and Eaton Vance
PR Newswire - Tue Mar 10, 8:30AM CDT
Editor Note: For more information about this release, please scroll to bottom.
ACAS: 14.94 (+0.13), STT: 76.24 (+1.41), FSC: 7.18 (+0.09), EV: 42.81 (+0.90), BK: 40.57 (+0.27)