|Bid||55.28 x 900|
|Ask||55.30 x 900|
|Day's Range||54.87 - 55.90|
|52 Week Range||53.53 - 96.50|
|Beta (3Y Monthly)||1.76|
|PE Ratio (TTM)||9.32|
|Forward Dividend & Yield||1.88 (3.36%)|
|1y Target Est||N/A|
State Street Global Advisors, the asset management business of State Street Corporation (STT) has today published its 2019 Mid-Year Global Market Outlook, providing a medium-term forecast for global markets. While trade risks have come sharply into focus in recent months, we continue to see room for moderate global economic growth given the Fed’s more accommodative policy stance. “Looking back over the last year, we can see that the biggest lesson is to look through the noise and to focus on where fundamentals might take us over the longer term,” said Rick Lacaille, global chief investment officer at State Street Global Advisors.
State Street Corporation , , today announced that it has signed Participant Statements on Climate Risk Disclosures and Carbon Pricing following the “Energy Transition and Care for Our Common Home” summit hosted by the Vatican’s Dicastery for Promoting Integral Human Development and the University of Notre Dame.
The SPDR® Exchange Traded Fund listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to Salix Pharmaceuticals, Ltd * securities litigation.
State Street Corporation (STT) today announced that it has entered into a letter of intent with Lazard Asset Management LLC (“LAM”) which, subject to entering into definitive agreements, will result in LAM adopting State Street’s Front-to-Back investment servicing platform. LAM, a preeminent global asset manager, has been a long term customer of Charles River Development (CRD) through its Charles River Investment Management Solution (Charles River IMS), and of State Street’s middle and back office investment servicing solutions.
State Street Corporation (STT) today announced the appointment of Spiros Giannaros as Executive Vice President, Head of Platform Strategies. In this newly created role, Giannaros will be responsible for ensuring an integrated and coordinated approach between the firm’s product offerings, its front-to-back platform development and the data that it manages. Giannaros was most recently the Global Head of Enterprise Data Management (EDM) and a Partner at IHS Markit (formerly Markit).
State Street Corporation (STT) today announced it has appointed Rob Baillie as head of its Asset Owner Business team for North America. Baillie assumes this newly created leadership role in addition to his current responsibilities leading State Street’s businesses in Canada, where the company is the leading servicer of pension funds and asset managers. Baillie will report to John Lehner, State Street’s head of global services and its global asset management segment.
Charles River Development, a State Street Company, today announced that it will be attending the Fixed Income Leaders Summit, June 18-19, 2019 at the Philadelphia 201 Hotel. This annual event brings together industry thought leaders to address and discuss challenges affecting both the buy side and fixed income markets.
State Street Corporation , one of the world's leading providers of financial services to institutional investors, today announced that State Street Global Exchange was recognized for excellence in data management and governance by Inside Market Data and Inside Reference Data.
State Street Corporation announced today that Lou Maiuri, Chief Operating Officer and Eric Aboaf, Chief Financial Officer, will participate in the Morgan Stanley 10th Annual Financials Conference in New York on Tuesday, June 11, 2019 at 11:00 ET.
Charles River Development, a State Street Company, and Neptune Networks Ltd. , today announced a strategic collaboration that will provide buy-side clients of Charles River’s Order and Execution Management System with aggregated, real-time fixed income axes and inventory.
State Street Corporation (STT) today announced that its Board of Directors has appointed Amelia Fawcett as independent Lead Director following its annual review of its governance structure. Fawcett most recently served on the Board’s Executive Compensation, Risk and Technology and Operations Committees and is a former Chair of the Risk Committee. “Amelia has brought rich experience and thoughtful insights across our Board’s discussions of corporate strategy, operations, risk management and governance.
State Street Corporation (STT) today announced a quarterly cash dividend of $0.47 per share of common stock, payable on July 16, 2019 to common shareholders of record at the close of business on July 1, 2019. The quarterly cash dividend is in the amount of $1,312.50 per share of Series C preferred stock (resulting in a distribution of approximately $0.3281 per depositary share) and is payable on June 18, 2019 to the holders of record of the Series C preferred stock at the close of business on May 31, 2019. The quarterly cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.3687 per depositary share) and is payable on June 18, 2019 to the holders of record of the Series D preferred stock at the close of business on May 31, 2019.
State Street Global Advisors, the asset management business of State Street Corporation (STT) and creator of the world’s first ETFs,1 today launched a new initiative aimed at educating investors about the importance of ETF liquidity. “We want investors to understand that liquidity attributes can have a significant impact on the total cost of ownership, even though expense ratio is frequently emphasized,” said Sue Thompson, head of SPDR® Americas Distribution for State Street Global Advisors. “As a leader in ETF liquidity, our strategy is to help investors make more informed investment decisions based on our deep expertise,” said Stephen Tisdalle, chief marketing officer of State Street Global Advisors.
State Street Global Advisors, the asset management business of State Street Corporation (STT), today announced plans to close and liquidate the SPDR® MSCI China A Shares IMI ETF (XINA) based on an ongoing review of the SPDR® ETF offering and listening to client feedback. SPDR® ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR® ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation.
NET INTEREST INCOME OF $673 MILLION UP 5% COMPARED TO 1Q18
State Street Corporation, (State Street), NYSE:STT today announced that it has appointed Francisco Aristeguieta to chief executive officer for its international business. Aristeguieta, who joins the company in July, will report to State Street president and CEO, Ron O’Hanley and become a member of the Company’s Management Committee, its senior-most strategy and policy making group.
State Street Global Advisors, the asset management business of State Street Corporation (STT), today announced the launch of two actively-managed, sector rotation SPDR ETFs with tactical allocation strategies. The SPDR SSGA US Sector Rotation ETF (XLSR) and SPDR SSGA Fixed Income Sector Rotation ETF (FISR) are managed by the firm’s Investment Solutions Group (ISG).
Söderberg & Partners, a leading Nordic advisor and distributor of insurance and financial products, has selected the Charles River Investment Management Solution to improve its investment servicing offering.
State Street Corporation announced a new time for its first-quarter 2019 financial results webcast and teleconference. The results will be released as planned on Tuesday, April 23, 2019 and reviewed via webcast and teleconference at 8:30 a.m.
State Street Corporation plans to release its first-quarter 2019 financial results on Tuesday, April 23, 2019. The results will be reviewed via webcast and teleconference at 10:00 a.m.
State Street Corporation , one of the world's leading providers of financial services to institutional investors, today announced that State Street Global Exchange® has been recognized for its excellence in client service, technology and analytical techniques by Celent, a research, advisory and consulting firm focused on financial services technology.
Charles River Development, a State Street company, today announced that Morningstar’s Investment Management group, a leading provider of discretionary investment management and advisory services, and subsidiary of Morningstar, Inc., has selected the Charles River Investment Management Solution to support its initiative for a new family of funds offered through advisors.