State Street Corp (STT) 53.61 $STT
State Street and Bloomberg Announce Enhanced Processing and Settlement for Fixed Income ETFs
BusinessWire - Mon Jul 11, 9:55AM CDT
State Street Corporation (NYSE: STT), and Bloomberg, the global business and financial information and news leader, announced today the launch of an enhancement for the fixed income exchange traded fund (ETF) market that helps clients process and settle ETF orders in a more efficient, scalable and automated manner.
STT: 53.61 (+0.38)
GE Closes Asset Management Business Sale with State Street
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:21AM CDT
General Electric Company (GE) recently completed the divesture of its Asset Management business to asset management firm State Street Corporation (STT) for approximately $485 million.
MMM: 178.01 (+0.89), GE: 32.21 (+0.01), STT: 53.61 (+0.38), HON: 118.57 (-0.27)
State Street (STT) Closes the GE Asset Management Deal
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:03AM CDT
In a bid to ramp up its profitability against a tough operating backdrop, last week, State Street Corporation (STT) completed the acquisition of GE Asset Management (???GEAM???), a wholly owned subsidiary of General Electric Company (GE).
SF: 31.23 (+0.61), GE: 32.21 (+0.01), STT: 53.61 (+0.38), FMBI: 18.00 (+0.26)
GE Completes Sale of GE Asset Management to State Street
BusinessWire - Fri Jul 01, 6:53AM CDT
GE [NYSE:GE] today announced it has completed the sale of GE Asset Management (GEAM), the company's investment management arm, to State Street Corporation [NYSE:STT].
GE: 32.21 (+0.01), STT: 53.61 (+0.38)
State Street Completes Acquisition of GE Asset Management
BusinessWire - Fri Jul 01, 6:45AM CDT
State Street Corporation (NYSE: STT), announced today that it has completed its acquisition of GE Asset Management (GEAM) from GE (NYSE: GE). The transaction provides multiple benefits to State Street Global Advisors (SSGA) and its clients, including the addition of new alternatives capabilities, strengthening fundamental equity and active fixed income teams, and establishing SSGA as a leading provider of outsourced chief investment officer (OCIO) services.
GE: 32.21 (+0.01), STT: 53.61 (+0.38)
Discover Financial's (DFS) Capital Plan Approved by the Fed
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 8:06AM CDT
Discover Financial Services (DFS) had received approval from the Federal Reserve to implement its new capital plan over the next four quarters. The capital plan comprised 7% dividend hike and share buybacks worth $1.95 billion.
DFS: 55.64 (+0.66), STT: 53.61 (+0.38), BAC: 13.21 (+0.04), BK: 38.59 (+0.10)
Stress Test Results: 31 Banks Rejoice, 2 Fail to Clear
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 7:57AM CDT
Following the release of the Dodd-Frank Act supervisory stress test 2016 (DFAST 2016) results last week, the Federal Reserve approved the capital plans of 30 financial institutions out of 33 in the Comprehensive Capital Analysis and Review (CCAR).
FITB: 17.42 (+0.17), STT: 53.61 (+0.38), COF: 66.26 (+1.55), USB: 40.30 (+0.21), C: 42.29 (+0.31), MTB: 116.53 (+0.59), WFC: 48.08 (+0.29), PNC: 81.06 (+0.44), BK: 38.59 (+0.10), MS: 26.46 (+0.09)
State Street Global Advisors Expands Suite of Industry ETFs to Provide Investors with More Precise Exposure to Technology Hardware and Internet Sub-Industries
BusinessWire - Tue Jun 28, 1:22PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation, (NYSE:STT) today announced that the SPDR(R) S&P(R) Technology Hardware ETF (Ticker: XTH) and the SPDR(R) S&P(R) Internet ETF (Ticker: XWEB) began trading on the NYSE Arca. XTH and XWEB, designed to provide investors with targeted exposure to technology hardware sub-industries in the technology sector, and internet sub-industries in the consumer discretionary and technology sectors, respectively, join SSGA's leading suite of modified equal weighted S&P Industry ETFs, which now includes 20 funds with more than $13 billion in assets.(1)
STT: 53.61 (+0.38), XWEB: 54.40 (+0.16), XTH: 52.62 (unch)
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: 53.61 (+0.38), WETF: 10.31 (+0.58), KKR: 12.48 (+0.18), NAVI: 13.11 (+0.42)
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: 53.61 (+0.38)
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"
declares its monthly distribution of $0.02966 for each Preferred share, or 5.25% annually based on the May 31, 2016 net asset value of $6.78. Dividends are payable on July 8, 2016 to Preferred shareholders on record as at June 30, 2016.
FITB: 17.42 (+0.17), STT: 53.61 (+0.38), RF: 8.57 (+0.13), AXP: 62.16 (+0.67), FTU.TO: 0.25 (-0.01), MS: 26.46 (+0.09)
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: 53.61 (+0.38)
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: 53.61 (+0.38)
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: 53.61 (+0.38)
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: 53.61 (+0.38)
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: 53.61 (+0.38), JPM: 62.27 (+0.44), BK: 38.59 (+0.10), BMRC: 48.97 (-0.25)
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: 152.19 (+1.81), STT: 53.61 (+0.38), JPM: 62.27 (+0.44), BLK: 347.50 (+2.30), MLPI: 27.91 (-0.11), GEM: 26.85 (+0.28), MS: 26.46 (+0.09)
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: 53.61 (+0.38)
State Street and Bloomberg Announce Enhanced Processing and Settlement for Fixed Income ETFs
BusinessWire - Mon Jul 11, 9:55AM CDT
State Street Corporation (NYSE: STT), and Bloomberg, the global business and financial information and news leader, announced today the launch of an enhancement for the fixed income exchange traded fund (ETF) market that helps clients process and settle ETF orders in a more efficient, scalable and automated manner.
STT: 53.61 (+0.38)
GE Closes Asset Management Business Sale with State Street
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:21AM CDT
General Electric Company (GE) recently completed the divesture of its Asset Management business to asset management firm State Street Corporation (STT) for approximately $485 million.
MMM: 178.01 (+0.89), GE: 32.21 (+0.01), STT: 53.61 (+0.38), HON: 118.57 (-0.27)
State Street (STT) Closes the GE Asset Management Deal
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:03AM CDT
In a bid to ramp up its profitability against a tough operating backdrop, last week, State Street Corporation (STT) completed the acquisition of GE Asset Management (???GEAM???), a wholly owned subsidiary of General Electric Company (GE).
SF: 31.23 (+0.61), GE: 32.21 (+0.01), STT: 53.61 (+0.38), FMBI: 18.00 (+0.26)
GE Completes Sale of GE Asset Management to State Street
BusinessWire - Fri Jul 01, 6:53AM CDT
GE [NYSE:GE] today announced it has completed the sale of GE Asset Management (GEAM), the company's investment management arm, to State Street Corporation [NYSE:STT].
GE: 32.21 (+0.01), STT: 53.61 (+0.38)
State Street Completes Acquisition of GE Asset Management
BusinessWire - Fri Jul 01, 6:45AM CDT
State Street Corporation (NYSE: STT), announced today that it has completed its acquisition of GE Asset Management (GEAM) from GE (NYSE: GE). The transaction provides multiple benefits to State Street Global Advisors (SSGA) and its clients, including the addition of new alternatives capabilities, strengthening fundamental equity and active fixed income teams, and establishing SSGA as a leading provider of outsourced chief investment officer (OCIO) services.
GE: 32.21 (+0.01), STT: 53.61 (+0.38)
Discover Financial's (DFS) Capital Plan Approved by the Fed
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 8:06AM CDT
Discover Financial Services (DFS) had received approval from the Federal Reserve to implement its new capital plan over the next four quarters. The capital plan comprised 7% dividend hike and share buybacks worth $1.95 billion.
DFS: 55.64 (+0.66), STT: 53.61 (+0.38), BAC: 13.21 (+0.04), BK: 38.59 (+0.10)
Stress Test Results: 31 Banks Rejoice, 2 Fail to Clear
Zacks Equity Research - Zacks Investment Research - Thu Jun 30, 7:57AM CDT
Following the release of the Dodd-Frank Act supervisory stress test 2016 (DFAST 2016) results last week, the Federal Reserve approved the capital plans of 30 financial institutions out of 33 in the Comprehensive Capital Analysis and Review (CCAR).
FITB: 17.42 (+0.17), STT: 53.61 (+0.38), COF: 66.26 (+1.55), USB: 40.30 (+0.21), C: 42.29 (+0.31), MTB: 116.53 (+0.59), WFC: 48.08 (+0.29), PNC: 81.06 (+0.44), BK: 38.59 (+0.10), MS: 26.46 (+0.09)
State Street Global Advisors Expands Suite of Industry ETFs to Provide Investors with More Precise Exposure to Technology Hardware and Internet Sub-Industries
BusinessWire - Tue Jun 28, 1:22PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation, (NYSE:STT) today announced that the SPDR(R) S&P(R) Technology Hardware ETF (Ticker: XTH) and the SPDR(R) S&P(R) Internet ETF (Ticker: XWEB) began trading on the NYSE Arca. XTH and XWEB, designed to provide investors with targeted exposure to technology hardware sub-industries in the technology sector, and internet sub-industries in the consumer discretionary and technology sectors, respectively, join SSGA's leading suite of modified equal weighted S&P Industry ETFs, which now includes 20 funds with more than $13 billion in assets.(1)
STT: 53.61 (+0.38), XWEB: 54.40 (+0.16), XTH: 52.62 (unch)
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: 53.61 (+0.38), WETF: 10.31 (+0.58), KKR: 12.48 (+0.18), NAVI: 13.11 (+0.42)
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: 53.61 (+0.38)
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"
declares its monthly distribution of $0.02966 for each Preferred share, or 5.25% annually based on the May 31, 2016 net asset value of $6.78. Dividends are payable on July 8, 2016 to Preferred shareholders on record as at June 30, 2016. FITB: 17.42 (+0.17), STT: 53.61 (+0.38), RF: 8.57 (+0.13), AXP: 62.16 (+0.67), FTU.TO: 0.25 (-0.01), MS: 26.46 (+0.09)
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: 53.61 (+0.38)
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: 53.61 (+0.38)
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: 53.61 (+0.38)
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: 53.61 (+0.38)
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: 53.61 (+0.38), JPM: 62.27 (+0.44), BK: 38.59 (+0.10), BMRC: 48.97 (-0.25)
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: 152.19 (+1.81), STT: 53.61 (+0.38), JPM: 62.27 (+0.44), BLK: 347.50 (+2.30), MLPI: 27.91 (-0.11), GEM: 26.85 (+0.28), MS: 26.46 (+0.09)
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: 53.61 (+0.38)
