|Bid||79.01 x 800|
|Ask||79.18 x 800|
|Day's Range||79.08 - 81.23|
|52 Week Range||48.62 - 81.23|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||15.61|
|Earnings Date||Jan 16, 2020 - Jan 20, 2020|
|Forward Dividend & Yield||2.08 (2.59%)|
|1y Target Est||72.03|
As part of a wide ranging 2020 industry trend outlook, a survey of US asset managers and asset owners conducted by State Street Corporation (NYSE: STT) predicts continued prevalence of digital assets as well as a bigger role in the industry for semi-transparent active ETFs.
State Street Corporation, (State Street), NYSE:STT today announced that it has appointed Brian Franz to chief information officer (CIO). Franz, who joins the Company in January 2020, will report to Chief Operating Officer, Lou Maiuri and become a member of State Street’s Management Committee, its senior-most strategy and policy making group.
The SPDR® Exchange Traded Funds (ETFs) listed in the table below, announced today that each Fund received a payment as an authorized claimant from a class action settlement. The SPDR S&P Oil & Gas Equipment & Services ETF (XES) received payment related to Willbros Group, Inc. (NYSE: WG)*. The SPDR S&P Regional Banking ETF (KRE) received payment related to Wilmington Trust Corporation (NYSE: WL)**.
The investment industry's pricing war has grown especially pitched in recent years — so much so, that in some corners companies are waiving fees altogether.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
State Street Global Advisors, the asset management business of State Street Corporation (STT) has today published its 2020 Global Market Outlook, predicting recession will be avoided through a continuation of growth, subject to the global economy “sidestepping substantial risks” to maintain momentum. “2020 is not a year of recession,” said Rick Lacaille, global chief investment officer at State Street Global Advisors. Low inflation, robust consumer spending and a relatively strong global services sector combine to propel the cycle forwards.
Charles River Development, a State Street company, today announced that Legal and General Investment Management , one of Europe’s largest institutional asset managers, managing over £1 trillion in assets, has selected the Charles River Investment Management Solution to streamline their global trading operations.
State Street Global Advisors, the asset management business of State Street Corporation (STT), announced today that Jim Ross, chairman, Global SPDR, will be retiring from the firm at the end of March 2020 after a distinguished 27-year career. Ross, who joined State Street in 1992, was instrumental in creating, developing and bringing to market many of the world’s first ETFs, earning him the moniker of the “godfather of ETFs.” The product grew from inception in 1993 when SPY was launched on the American Stock Exchange, to an industry that today stands at almost $6 trillion worldwide and is still one of the fastest -growing investment products in the market. “Without question Jim has been one of the most influential figures in the investment management industry,” said Ron O’Hanley, CEO and president, State Street.
State Street Corporation today announced the final tender results of the previously announced cash tender offer by its principal banking subsidiary, State Street Bank and Trust Company , for any and all of the outstanding Floating Rate Junior Subordinated Debentures due 2047 listed in the table below , which were issued by State Street.
New Macro Linkages Indicators to Help Investors Gauge Inter-Asset Connectedness across Global Equity Markets and Currencies
State Street Global Advisors, the asset management business of State Street Corporation and the World Gold Council, the market development organization for the gold industry, this week celebrates the anniversary of the first US exchange traded fund backed entirely by physical gold, SPDR® Gold Shares .
State Street Corporation announced today that its President & Chief Executive Officer, Ron O’Hanley, and its Chief Financial Officer, Eric Aboaf, will participate in the Goldman Sachs US Financial Services Conference in New York on Wednesday, December 11, 2019 at 9:20 AM ET.