Pre-market Insights on Financial Sector - Navient, WisdomTree Investments, State Street, and KKR & Co.
PR Newswire - Fri Jun 24, 7:10AM CDT
On Thursday, June 23, 2016, the NASDAQ Composite ended the trading session at 4,910.04, up 1.59%; the Dow Jones Industrial Average advanced 1.29% to finish at 18,011.07; and the S&P 500 closed at 2,113.32, up 1.34%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Navient Corporation (NASDAQ: NAVI), WisdomTree Investments Inc. (NASDAQ: WETF), State Street Corporation (NYSE: STT), and KKR & Company L.P. (NYSE: KKR). Learn more about these stocks by accessing their free trade alerts at:
STT: 55.00 (-5.27), WETF: 9.94 (-0.92), KKR: 12.42 (-0.83), NAVI: 11.67 (-0.68)
State Street Corporation Announces Results of Its 2016 Annual Stress Test
BusinessWire - Thu Jun 23, 3:40PM CDT
State Street Corporation (NYSE:STT) today announced the results of its 2016 annual stress test. Consistent with section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the results are based on the supervisory severely adverse scenario and incorporate prescribed Dodd-Frank capital actions.
STT: 55.00 (-5.27)
US Financial 15 Split Corp.: Preferred Dividend Declared
Marketwire Canada - Mon Jun 20, 5:52PM CDT
TORONTO, ONTARIO--(Marketwired - Jun 20, 2016) - US Financial 15 Split Corp. ("US Financial 15"
FITB: 17.50 (-1.61), STT: 55.00 (-5.27), RF: 8.53 (-0.92), AXP: 60.06 (-3.19), FTU.TO: 0.25 (unch), MS: 24.52 (-2.77)
Watch for State Street to Potentially Pullback After Gaining 2.05% Yesterday
Comtex SmarTrend(R) - Mon Jun 20, 4:00PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $58.75 to a high of $59.73. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $58.82 on volume of 1.9 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: 55.00 (-5.27)
State Street Corporation Announces Date for Release of Second-Quarter 2016 Financial Results and Conference Call Webcast
BusinessWire - Thu Jun 16, 3:51PM CDT
State Street Corporation (NYSE:STT) plans to release its second-quarter 2016 financial results on Wednesday, July 27, 2016, followed by a related internet broadcast of a conference call at 9:30 a.m. EDT.
STT: 55.00 (-5.27)
Look for Shares of State Street to Potentially Rebound after Yesterday's 1.49% Sell Off
Comtex SmarTrend(R) - Thu Jun 16, 1:53PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $56.67 to a high of $57.43. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $57.86 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STT: 55.00 (-5.27)
State Street Falls 1.49% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Jun 16, 1:51PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $56.67 to a high of $57.43. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $57.86 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STT: 55.00 (-5.27)
BNY Mellon (BK) Settles FX-Pricing Case with SEC for $30M
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 4:48PM CDT
Issues pertaining to foreign exchange (FX) trades still seem to hang over BNY Mellon (BK) with the company agreeing to shell out $30 million in fines to the SEC.
STT: 55.00 (-5.27), JPM: 59.60 (-4.45), BK: 37.99 (-3.55), BMRC: 49.13 (-0.32)
Morgan Stanley to Foray into ETF Business
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:05PM CDT
Morgan Stanley is planning to enter the ETF business.
GS: 141.86 (-10.80), STT: 55.00 (-5.27), JPM: 59.60 (-4.45), BLK: 332.50 (-24.35), MLPI: 27.76 (-0.92), GEM: 25.24 (-1.48), MS: 24.52 (-2.77)
State Street Set to Possibly Rebound After Yesterday's Selloff of 1.80%
Comtex SmarTrend(R) - Thu Jun 09, 2:26PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.12 to a high of $61.01. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $61.16 on volume of 907,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STT: 55.00 (-5.27)
After Yesterday's Decline of 1.80%, State Street Offers Investors Better Value
Comtex SmarTrend(R) - Thu Jun 09, 2:25PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.12 to a high of $61.01. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $61.16 on volume of 907,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STT: 55.00 (-5.27)
State Street Global Advisors Announces that Changes to the Financial Select Sector Index will Result in Modifications to The Financial Select Sector SPDR(R) Fund
BusinessWire - Wed Jun 08, 4:00PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced that, following the statement from S&P Dow Jones Indices regarding upcoming modifications to the index constituents of the Financial Select Sector Index (Financial Sector Index), The Financial Select Sector SPDR Fund (XLF) will make certain adjustments to its portfolio in order to efficiently continue to track the Financial Sector Index.
STT: 55.00 (-5.27)
SSGA Chief Ron O'Hanley Calls on Congress to Mandate Workplace Retirement Coverage for All Private-Sector US Workers
BusinessWire - Mon Jun 06, 7:55AM CDT
Ron O'Hanley, president and chief executive officer of State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today called on Congress to enact a national framework that ensures workplace coverage for all private-sector working Americans. In an open letter to congress, O'Hanley proposed a framework that expands access to workplace retirement savings plans and ensures coverage through auto-enrollment, auto-escalation, tax incentives for small employers, eliminates barriers to open Multiple Employer Plans (MEPs). The framework could reduce the expected retirement savings shortfall by up to $740 billion(1).
STT: 55.00 (-5.27)
State Street Set to Possibly Rebound After Yesterday's Selloff of 3.22%
Comtex SmarTrend(R) - Fri Jun 03, 2:36PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.43 to a high of $61.80. Yesterday, the shares fell 3.2%, which took the trading range below the 3-day low of $61.73 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STT: 55.00 (-5.27)
Look for Shares of State Street to Potentially Rebound after Yesterday's 3.22% Sell Off
Comtex SmarTrend(R) - Fri Jun 03, 2:35PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.43 to a high of $61.80. Yesterday, the shares fell 3.2%, which took the trading range below the 3-day low of $61.73 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STT: 55.00 (-5.27)
State Street Global Advisors and SPDR(R) Dorsey Wright(R) Fixed Income Allocation ETF (Nasdaq: DWFI) to Ring The Nasdaq Stock Market Opening Bell
GlobeNewswire - Thu Jun 02, 2:10PM CDT
What:
STT: 55.00 (-5.27), DWFI: 25.36 (-0.24), NDAQ: 63.00 (-1.41)
State Street Global Advisors Expands ETF Offering With Launch of the SPDR(R) Dorsey Wright(R) Fixed Income Allocation ETF
BusinessWire - Thu Jun 02, 12:30PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced that the SPDR Dorsey Wright Fixed Income Allocation ETF (Ticker: DWFI) began trading on the Nasdaq Stock Market, SSGA's first SPDR ETF to be listed on this exchange. DWFI, a fund of funds, allows investors an opportunity to take advantage of Dorsey, Wright & Associates' (DWA) signal-driven, momentum-focused technical index methodology for fixed income exposure, implemented in a single SPDR ETF.
STT: 55.00 (-5.27), DWFI: 25.36 (-0.24)
Despite Positive Outlook, New Research from State Street Reveals Asset Owners, Managers Lack Readiness for Blockchain
BusinessWire - Tue May 31, 12:02PM CDT
New research from State Street Corporation (NYSE:STT) on blockchain, the distributed ledger that maintains a continuously growing list of data records hardened against tampering and revision, unveils that while a majority of asset owners and asset managers (57 percent) expect it to be widely adopted in the investment industry in the next five years, only seven percent currently have initiatives underway to support it.
STT: 55.00 (-5.27)