State Street downgraded to Hold at Deutsche Bank on EPS estimates cut
Deutsche Bank analyst Brian Bedell downgraded State Street (NYSE:STT) to Hold from Buy as he reduced his EPS estimates across his trust bank and online brokerage coverage. EPS estimates were
Seekingalpha · 4h ago
Recession Woes Hand Emerging Stocks Worst First Half Since 1998
(Bloomberg) -- Emerging market equities are on track for their worst first-half performance in 24 years, as investors fret over high inflation and a potential hit to the global economy from monetary tightening.Most Read from BloombergRussia Slips Into Hist...
Bloomberg · 9h ago
Deutsche Bank Downgrades State Street to Hold From Buy, Adjusts Price Target to $67 From $80
MT Newswires · 10h ago
State Street, Northern Trust, BNY Mellon plan to lift dividends
State Street (NYSE:STT), Northern Trust (NASDAQ:NTRS) and Bank of New York Mellon (NYSE:BNY) on Monday have announced their capital returns following the Federal Reserve's stress tests in the week ended
Seekingalpha · 22h ago
Bank of America, Citigroup, JPMorgan screen poorly in Fed's 2022 stress test
As a result of this year's DFAST (Dodd-Frank Act Stress Test), Bank of America (NYSE:BAC), Citigroup (NYSE:C), and JPMorgan Chase (NYSE:JPM) may have to raise their internal target ratios and
Seekingalpha · 4d ago
Santander, State Street would be OK if there's a recession, says Fed
The Fed estimates Santander and State Street would each report more than $1 billion in net income even during a severe economic downturn.
American City Business Journals · 4d ago
Piper Sandler Adjusts State Street's Price Target to $78 From $95, Maintains Neutral Rating
MT Newswires · 4d ago
Ken Griffin's Citadel Move Is 'Punch in the Gut' for Chicago
(Bloomberg) -- Chicago has suffered a series of corporate departures recently, but Ken Griffin leaving the city might sting the most. Most Read from BloombergJuul’s Vaping Products Are Ordered Off the Market in the USElon Musk Says New Tesla Plants Are ‘Mo...
Bloomberg · 4d ago
Banks pass Federal Reserve's stress test in event of severe recession
All banks passed the Federal Reserve's stress test, indicating that they would have enough capital to allow them to continue lending to households and businesses during a severe recession. All
Seekingalpha · 4d ago
Jefferies names 18 cheap stocks to play a GARP comeback
Stocks that offer Growth at a Reasonable Price have had a rough Q2, lagging by one of their biggest margins even, Jefferies says. GARP is "defined by FY1 P/E divided
Seekingalpha · 6d ago
Hong Kong’s Gay Rights Advocates Fear Civil Crackdown May Undo Progress
(Bloomberg) -- Hong Kong’s crackdown on social activism is threatening to undo progress for gay rights, once considered validation of the city’s reputation as Asia’s liberal, financial haven. Most Read from BloombergLiz Cheney Is Paying the Price in Her Ho...
Bloomberg · 6d ago
The power of twelve
Earlier this year Charlie turned his ire towards a phenomenon his partner Warren Buffett has frequently praised. “We have a new bunch of emperors, and they’re the people who vote the shares in the index funds,” Munger said at the annual meeting of Daily J...
Financial Times · 06/18 03:00
Global 'Tightening Tsunami' Coming, State Street Says
Bloomberg · 06/16 01:19
Pakistan’s TPL Hires State Street Alumn for Abu Dhabi Expansion
Bloomberg · 06/15 19:00
Where State Street Stands With Analysts
Over the past 3 months, 10 analysts have published their opinion on State Street (NYSE:STT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over th...
Benzinga · 06/14 18:36
RBC Cuts Price Target on State Street to $80 From $90, Citing 2023 Estimates, Negative Change in Market Conditions; Sector Perform Rating Kept
MT Newswires · 06/14 09:14
State Street expects revenue growth of 4-5% in medium term
State Street (NYSE:STT) expects revenue growth of 4% to 5% as part of its medium-term financial targets, having reported $3.08B in Q1 revenue. The financial services and bank holding company expects EPS
Seekingalpha · 06/13 16:56
The Swiss blogger with the market-moving story of the week
Tale about an unlikely combination between State Street and Credit Suisse left many looking credulous
Financial Times · 06/10 13:49
Credit Suisse Flirts With 1989 Low as State Street Denies Talks
Bloomberg · 06/10 10:06
Credit Suisse Stock Tumbles After State Street Denies Planning a Takeover Bid
Dowjones · 06/10 07:50
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About STT
State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors across the world. Investment servicing line of business performs functions, such as providing institutional investors with clearing, settlement and payment services. The Company operates investment management line of business through State Street Global Advisors (SSGA). SSGA provides a range of investment management, investment research and investment advisory services to corporations, public funds and other investors. Its clients include mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments and investment managers.