State Street Corp (STT) 70.63 $STT
Cloud Technology Partners Closes Series C Funding Round
PR Newswire - Tue Aug 30, 8:50AM CDT
Cloud Technology Partners (CTP), the premier cloud services and software company for enterprises moving to cloud, today announced that it successfully closed its Series C funding round. Existing investors Rackspace (NYSE: RAX), State Street Bank (NYSE: STT) and Pritzker Group Venture Capital participated in the financing. Scott Crenshaw, Senior Vice President Strategy and Product at Rackspace and Antoine Shagoury, Executive Vice President and CIO at State Street Bank, have joined the Cloud Technology Partners Board of Directors.
STT: 70.63 (+0.51), RAX: 31.47 (unch)
State Street Global Advisors Announces Annual Rebalancing of the SSGA Gender Diversity Index, Adds 88 New Companies to Index
BusinessWire - Tue Aug 30, 8:45AM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), announced recent updates to the composition of the SSGA Gender Diversity Index (Index).
STT: 70.63 (+0.51), SHE: 65.17 (+0.28)
State Street Global Advisors Announces Changes to the SPDR(R) Lineup
BusinessWire - Fri Aug 26, 7:55AM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today announced changes to the name and index for its SPDR Russell Small Cap Completeness(R) ETF (RSCO) (the "Fund"
. Effective August 31, 2016, the Fund will be renamed the SPDR S&P(R) 1000 ETF (SMD) and begin tracking the S&P 1000 Index. The Fund's annual gross expense ratio (0.10 percent) remains unchanged and no action is required by shareholders to effect these changes.
STT: 70.63 (+0.51)
US Financial 15 Split Corp: Preferred Dividend Declared
Marketwire Canada - Wed Aug 17, 4:02PM CDT
TORONTO, ONTARIO--(Marketwired - Aug 17, 2016) - US Financial 15 Split Corp ("US Financial 15" declares its monthly distribution of $0.02883 for each Preferred share, or 5.25% annually based on the previous month end net asset value. Distributions are payable September 9, 2016 to shareholders on record as at August 31, 2016.
FITB: 20.10 (+0.06), STT: 70.63 (+0.51), RF: 9.93 (+0.08), AXP: 65.19 (+0.33), FTU.TO: 0.26 (unch), MS: 31.89 (-0.02)
Asset Management Stocks Under Scanner -- Franklin Resources, KKR & Co., State Street, and WisdomTree Investments
PR Newswire - Fri Aug 12, 8:00AM CDT
Today's focus on Stock-Callers.com is on the Asset Management industry which is expected to undergo major transformation in the coming years due to regulatory changes, advancements in technology, and increasing customer demands. Equities under assessment are Franklin Resources Inc. (NYSE: BEN), KKR & Co. L.P. (NYSE: KKR), State Street Corp. (NYSE: STT), and WisdomTree Investments Inc. (NASDAQ: WETF). You can access of our complimentary research reports on these stocks now at:
STT: 70.63 (+0.51), WETF: 10.37 (+0.10), KKR: 14.80 (+0.02), BEN: 36.15 (+0.29)
State Street's GX Private Equity Index Shows Venture Capital is Only Private Equity Strategy to Have Returns Dip into the Negative in Q1 2016
BusinessWire - Wed Aug 10, 11:26AM CDT
State Street Corporation (NYSE:STT) today announced the results of its GX Private Equity Index(SM), a benchmark for comparative analysis of private equity performance, which includes a comprehensive data set dating back to 1980. In the first quarter of 2016, the index saw an overall return of 0.65 percent.
STT: 70.63 (+0.51)
State Street Global Advisors Announces Changes to US SPDR(R) ETF Lineup
BusinessWire - Tue Aug 02, 4:37PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced plans to close and liquidate the following 12 exchange traded funds based on an ongoing review of the SPDR ETF offering and limited market demand:
STT: 70.63 (+0.51), EMBB: 53.64 (-0.51)
State Street Enhances PAM(R) Platform to Enable Client Compliance with IFRS 9
BusinessWire - Tue Aug 02, 10:50AM CDT
State Street Corporation (NYSE: STT) today announced enhancements to PAM(R) for Investments, its comprehensive accounting and management platform, to help clients comply with the International Accounting Standard Board's IFRS 9 (the Financial Instruments mandate), which replaces IAS 39 and goes into effect January 2018. This new standard, which impacts all entities with financial instruments on the balance sheet regulated under IFRS, fundamentally changes how financial assets are accounted for, including how instruments are classified and measured, and how they are impaired.
STT: 70.63 (+0.51)
Fitch: Prudent Expense Management Boosted State Street's 2Q16 Results
BusinessWire - Thu Jul 28, 10:54AM CDT
State Street Corporation's (STT) cost base control in the second quarter of 2016 (2Q16) remains a key driver for producing positive operating leverage, according to Fitch Ratings. On a GAAP basis, the company's return on average equity (ROE) improved to 12.4% in 2Q16, from 6.8% in the sequential quarter and 8.2% in the year-ago quarter. Prior quarter's results included a $62 million net after tax restructuring charge ($97 million pre-tax) related to the company's cost of 'Beacon' initiatives. The charge declined to $8 million net after tax in 2Q16.
STT: 70.63 (+0.51)
Look for Shares of State Street to Potentially Pullback after Yesterday's 7.59% Rise
Comtex SmarTrend(R) - Wed Jul 27, 12:35PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.33 to a high of $63.05. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $58.37 on volume of 3.1 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: 70.63 (+0.51)
SmarTrend Watching for Potential Pullback in Shares of State Street After 7.59% Gain
Comtex SmarTrend(R) - Wed Jul 27, 12:33PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.33 to a high of $63.05. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $58.37 on volume of 3.1 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: 70.63 (+0.51)
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: 70.63 (+0.51), WETF: 10.37 (+0.10), KKR: 14.80 (+0.02), NAVI: 14.48 (+0.10)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
Cloud Technology Partners Closes Series C Funding Round
PR Newswire - Tue Aug 30, 8:50AM CDT
Cloud Technology Partners (CTP), the premier cloud services and software company for enterprises moving to cloud, today announced that it successfully closed its Series C funding round. Existing investors Rackspace (NYSE: RAX), State Street Bank (NYSE: STT) and Pritzker Group Venture Capital participated in the financing. Scott Crenshaw, Senior Vice President Strategy and Product at Rackspace and Antoine Shagoury, Executive Vice President and CIO at State Street Bank, have joined the Cloud Technology Partners Board of Directors.
STT: 70.63 (+0.51), RAX: 31.47 (unch)
State Street Global Advisors Announces Annual Rebalancing of the SSGA Gender Diversity Index, Adds 88 New Companies to Index
BusinessWire - Tue Aug 30, 8:45AM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), announced recent updates to the composition of the SSGA Gender Diversity Index (Index).
STT: 70.63 (+0.51), SHE: 65.17 (+0.28)
State Street Global Advisors Announces Changes to the SPDR(R) Lineup
BusinessWire - Fri Aug 26, 7:55AM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today announced changes to the name and index for its SPDR Russell Small Cap Completeness(R) ETF (RSCO) (the "Fund"
. Effective August 31, 2016, the Fund will be renamed the SPDR S&P(R) 1000 ETF (SMD) and begin tracking the S&P 1000 Index. The Fund's annual gross expense ratio (0.10 percent) remains unchanged and no action is required by shareholders to effect these changes. STT: 70.63 (+0.51)
US Financial 15 Split Corp: Preferred Dividend Declared
Marketwire Canada - Wed Aug 17, 4:02PM CDT
TORONTO, ONTARIO--(Marketwired - Aug 17, 2016) - US Financial 15 Split Corp ("US Financial 15"
declares its monthly distribution of $0.02883 for each Preferred share, or 5.25% annually based on the previous month end net asset value. Distributions are payable September 9, 2016 to shareholders on record as at August 31, 2016. FITB: 20.10 (+0.06), STT: 70.63 (+0.51), RF: 9.93 (+0.08), AXP: 65.19 (+0.33), FTU.TO: 0.26 (unch), MS: 31.89 (-0.02)
Asset Management Stocks Under Scanner -- Franklin Resources, KKR & Co., State Street, and WisdomTree Investments
PR Newswire - Fri Aug 12, 8:00AM CDT
Today's focus on Stock-Callers.com is on the Asset Management industry which is expected to undergo major transformation in the coming years due to regulatory changes, advancements in technology, and increasing customer demands. Equities under assessment are Franklin Resources Inc. (NYSE: BEN), KKR & Co. L.P. (NYSE: KKR), State Street Corp. (NYSE: STT), and WisdomTree Investments Inc. (NASDAQ: WETF). You can access of our complimentary research reports on these stocks now at:
STT: 70.63 (+0.51), WETF: 10.37 (+0.10), KKR: 14.80 (+0.02), BEN: 36.15 (+0.29)
State Street's GX Private Equity Index Shows Venture Capital is Only Private Equity Strategy to Have Returns Dip into the Negative in Q1 2016
BusinessWire - Wed Aug 10, 11:26AM CDT
State Street Corporation (NYSE:STT) today announced the results of its GX Private Equity Index(SM), a benchmark for comparative analysis of private equity performance, which includes a comprehensive data set dating back to 1980. In the first quarter of 2016, the index saw an overall return of 0.65 percent.
STT: 70.63 (+0.51)
State Street Global Advisors Announces Changes to US SPDR(R) ETF Lineup
BusinessWire - Tue Aug 02, 4:37PM CDT
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced plans to close and liquidate the following 12 exchange traded funds based on an ongoing review of the SPDR ETF offering and limited market demand:
STT: 70.63 (+0.51), EMBB: 53.64 (-0.51)
State Street Enhances PAM(R) Platform to Enable Client Compliance with IFRS 9
BusinessWire - Tue Aug 02, 10:50AM CDT
State Street Corporation (NYSE: STT) today announced enhancements to PAM(R) for Investments, its comprehensive accounting and management platform, to help clients comply with the International Accounting Standard Board's IFRS 9 (the Financial Instruments mandate), which replaces IAS 39 and goes into effect January 2018. This new standard, which impacts all entities with financial instruments on the balance sheet regulated under IFRS, fundamentally changes how financial assets are accounted for, including how instruments are classified and measured, and how they are impaired.
STT: 70.63 (+0.51)
Fitch: Prudent Expense Management Boosted State Street's 2Q16 Results
BusinessWire - Thu Jul 28, 10:54AM CDT
State Street Corporation's (STT) cost base control in the second quarter of 2016 (2Q16) remains a key driver for producing positive operating leverage, according to Fitch Ratings. On a GAAP basis, the company's return on average equity (ROE) improved to 12.4% in 2Q16, from 6.8% in the sequential quarter and 8.2% in the year-ago quarter. Prior quarter's results included a $62 million net after tax restructuring charge ($97 million pre-tax) related to the company's cost of 'Beacon' initiatives. The charge declined to $8 million net after tax in 2Q16.
STT: 70.63 (+0.51)
Look for Shares of State Street to Potentially Pullback after Yesterday's 7.59% Rise
Comtex SmarTrend(R) - Wed Jul 27, 12:35PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.33 to a high of $63.05. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $58.37 on volume of 3.1 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: 70.63 (+0.51)
SmarTrend Watching for Potential Pullback in Shares of State Street After 7.59% Gain
Comtex SmarTrend(R) - Wed Jul 27, 12:33PM CDT
State Street (NYSE:STT) traded in a range yesterday that spanned from a low of $60.33 to a high of $63.05. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $58.37 on volume of 3.1 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: 70.63 (+0.51)
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: 70.63 (+0.51), WETF: 10.37 (+0.10), KKR: 14.80 (+0.02), NAVI: 14.48 (+0.10)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
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: 70.63 (+0.51)
