|Bid||81.53 x 1000|
|Ask||81.52 x 800|
|Day's Range||80.89 - 81.97|
|52 Week Range||79.99 - 114.27|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||13.46|
|Earnings Date||Oct 19, 2018|
|Forward Dividend & Yield||1.88 (2.30%)|
|1y Target Est||103.24|
State Street (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In a new research paper, entitled ‘The Global Retirement Reality Report: The Happiness Formula’, State Street Global Advisors compared objective rankings of various retirement systems with qualitative results from a survey of over 9,500 respondents in eight countries1. It found that the retirement structures with the highest objective rankings did not necessarily correspond to the happiest respondents.
To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
State Street executives hope the $2.6 billion deal will help it grow into a market leader in financial services technology.
This story is the third in a multipart series by Benzinga on the state of the fintech sector in 2018. As the fourth quarter kicks off, Benzinga is taking a look back at some of the fintech stories we've covered in the last nine months.
State Street's (STT) acquisition of Charles River Development will support the development of an internationally inter-operable platform which will back its investment process.
State Street Global Advisors, the asset management business of State Street Corporation (STT), today released a new report, detailing how advisors can overcome the key challenges slowing the adoption of environmental, social and governance (ESG) investment strategies. To coincide with the release of the report, State Street’s Center for Applied Research (CAR) released a new values discovery benchmarking tool that is designed to help gauge an individual investor’s level of interest and commitment to various ESG issues. The report, Aim Higher: Helping Investors Move from Ambition to Action with ESG Investment Approaches, reveals 59 percent1 of all individual investors believe that it is important to invest in companies that are trying to make the world better for the next generation, and 51 percent2 of all investors who haven’t incorporated ESG strategies into their portfolio want their advisor to speak to them about ESG investing.
ETF investing continues to grow by leaps and bounds. The first U.S. ETF launched 25 years ago; now there are 2,000 funds with nearly $4 trillion in assets.
State Street Corporation (STT) today announced that it has completed its acquisition of Charles River Systems, Inc. (Charles River Development). The combination of State Street and Charles River Development will enable the industry’s first-ever global interoperable platform connecting the front, middle and back office with one provider. “The combination of State Street and Charles River Development will create an open platform that will standardize data and systems across multiple asset classes and the entire investment lifecycle.
Lori Heinel, deputy global chief investment officer at State Street Global Advisors, cautions investors about entering Italy's markets amid budget uncertainty. She speaks with Bloomberg's Alix Steel on ...
A “smart” label on anything—water, phones, or exchange-traded funds—can make it seem more appealing. Assets in smart-beta or factor-weighted ETFs have risen 30% every year since 2012, more than the entire passive-investing pie grew last year, according to the Boston Consulting Group. State Street Global Advisors, the investment-management arm of (STT) (STT), for example, recently changed the underlying indexes for its SPDR ETFs for Canada, the United Kingdom, Germany, and Japan.
One of the most difficult industry to value is capital markets, given that they adhere to different rules compared to other companies. For example, capital market businesses are required to Read More...
Investors continue to pour cash into exchange-traded funds tracking the new communication services sector nearly a week after index providers rejiggered their industry benchmarks. State Street Corp.’s Communication Services Select Sector SPDR Fund, or XLC, has taken in more than $683 million this week, pushing the fund’s assets to just over $1.8 billion. Matt Bartolini, head of SPDR Americas Research, predicts the fund will hit $2 billion by the end of the week.
State Street Global Advisors, the asset management business of State Street Corporation (STT), today announced its latest impact figures for the Fearless Girl campaign, demonstrating continued progress for the firm’s gender diversity asset stewardship programs in the US, UK, Australia, Japan Canada and continental Europe. Since the introduction of Fearless Girl in 2017, more than 300 companies identified by State Street Global Advisors responded to the firm’s call by adding a female director and another 28 have committed to do so.
State Street says it’s running out of patience with the nearly 1,000 companies around the world that haven’t yet responded to pressure to add at least one woman to their boards of directors. The Wall Street bank has already voted against more than 500 chairs of nominating committees on boards without women in each of the last two proxy seasons, State Street said in an update Thursday. “We want them to know that we’re watching,” Rakhi Kumar, who leads environmental, social and governance investment strategy and asset stewardship at State Street Global Advisors, said in an interview.
The 13F filings from June 30 indicate that institutional investors own ~67.1% of Deere’s (DE) outstanding shares. At the end of DE’s fiscal third quarter, DE had 328 million outstanding shares, and 220.2 million of them were held by institutions. Of the 1,282 institutional investors that held DE, 504 increased their positions, 538 reduced their positions, and 240 maintained their positions. Overall, the institutional investors remained net buyers as per the 13F filings by institutional investors.
NEW YORK, Sept. 25, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
State Street Corporation plans to release its third-quarter 2018 financial results on Friday, October 19, 2018. The results will be reviewed via webcast and teleconference at 9:30 a.m.
In the second quarter, the SEC’s 13F filings from institutional investors indicate that they own 66.7% of Caterpillar’s (CAT) outstanding shares. Of the 1,612 institutional investors that hold Caterpillar, 704 have increased their positions, 639 have reduced their positions, and 269 have maintained their positions.
State Street Corporation (“State Street”) (STT) today announced the pricing of an underwritten public offering of $500 million of depositary shares with a liquidation preference of $1,000 per share, each representing a 1/100th interest in a share of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series H. The offering is being conducted as a public offering registered under the Securities Act of 1933, as amended. Dividend payments on the Series H preferred stock will occur only when, as and if declared by State Street’s board of directors. State Street may also redeem the Series H preferred stock upon the occurrence of a regulatory capital treatment event.
State Street Corporation State Street Corporation today announced that six of its leaders have been recognized by the Financial Times and HERoes Champions of Women in Business 2018.