STT News

Q1 2020 State Street Corp Earnings Call

Charles River IMS combines a multi-asset order management system (OMS) with trade execution capabilities in a single, fully integrated OEMS.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

AGNC Investment Corp. (NASDAQ: AGNC) is a mortgage real estate investment trust (mREIT) that specializes in mortgage-backed securities guaranteed by the U.S. government. Like every other mortgage REIT over the past couple months, AGNC has taken its lumps as margin calls have forced it to deleverage.

State Street Corporation (NYSE: STT) today announced it has entered into an alliance with Virtus from FIS to provide Collateralized Loan Obligation (CLO) and Collateralized Debt Obligation (CDO) technology management solutions to clients in the United States and Europe.

The asset manager is well positioned to reward investors despite the industry-wide challenges Continue reading...

State Street Corporation (NYSE:STT) today announced the release of its Stakeholder Report for 2019, entitled "Stronger Together," which reviews the firm’s performance, growth and strategy over the last year. The report also describes State Street’s commitment to innovation, and overall resiliency as well as its emphasis on corporate responsibility, and how these factors have helped the company to support its clients during the COVID-19 crisis.

State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on July 16, 2020 to common shareholders of record at the close of business on July 1, 2020.

As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...

Sarah Fortt, Counsel at Vinson & Elkins in Austin, TX By Sarah Fortt  In January 2020, which now seems like a very long time ago, I was speaking to a group of directors on board oversight of risk management, and at one point during my talk I uttered a phrase I’ve been known to […]

Bank stocks have taken a hit since the coronavirus pandemic struck the economy, but most experts say the banks are not the main concern in this crisis, like they were during the Great Recession. The banks are believed to be well capitalized, and Warren Buffett even said himself that he does not see any special problems with the banks. Here are three top bank stocks to buy right now that should perform well through the pandemic.

As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, lower-cost services for multinationals are emerging as winners in the new business order. From Prague and Warsaw to Bucharest, these firms have long provided outsourced or offshored business services such as software development, administration, payroll handling and research for big European and American customers. "In a time of crisis, more business is shifting here," said Roman Pavlousek, who runs a finance service centre for global industrial manufacturer Atlas Copco in the Czech city of Brno.

Increase in fee income and lower operating costs support State Street's (STT) Q1 earnings amid coronavirus-related mayhem.

Fund’s new buys include Ackman holding Lowe’s Continue reading...

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P ® Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offering.

NEW YORK, NY / ACCESSWIRE / April 17, 2020 / State Street Corp. (NYSE:STT) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 17, 2020 at 10:00 AM Eastern ...

Neal Aronson, Founder and Managing Partner of Roark Capital, Whose Recent Investments Include The Cheesecake Factory Incorporated - Photo Credit: Daryn Kagan By John Jannarone Aside from the likes of KKR & Co. Inc. and The Blackstone Group L.P., private equity firms aren’t known to lead the charge when it comes to philanthropy or environmental, […]

State Street Corporation (NYSE:STT) today announced that it has been appointed as the ETF servicing agent for Water Island Capital’s first ETF. Water Island Capital (WIC) received regulatory approval for the AltShares Merger Arbitrage ETF (NYSE: ARB), tracking the Water Island Merger Arbitrage USD Hedged Index, which seeded on May 6 and listed for trading on May 7, 2020.

It appears to have lifted market share for Vanguard Group and State Street Global Advisors, Nos. 2 and 3, respectively, among the top 10 ETF providers.

The Federal Reserve is planning to backstop a broader range of credit markets, and the expansion could start relatively soon, according to comments from Chairman Jerome Powell.