State Street Corp

NYSE: STT
$89.31
+$2.15 (+2.5%)
Closing Price on September 19, 2024

STT Articles

The next wave of stress tests on the U.S banks is due in the coming week.  While many of the banks have reportedly been asking regulators to be less transparent, there are some banks which are...
Markets opened slightly lower in the US this morning, but picked up steam in the morning and continued to rise, if slowly, for the rest of the day. The tech sector showed the most strength, with...
Bank of New York Mellon (NYSE: BK) is in a different boat than State Street Corporation (NYSE: STT) after earnings this morning. Bank of New York missed on the top and bottom line with earnings of...
We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings.  In fact, the real bank earnings season is all taking place on Wednesday and...
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season.  We wanted to make a preview on Jamie...
Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector.  While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at 37 of...
Last Friday at the meeting of the G20 in Cannes, the Financial Stability Board (FSB) revealed a list of 29 global systemically important financial institutions (known as the G-Sifis). These...
Today was a day of red that went to a day of green.  Earnings were at first a disappointment, and producer price index came out far hotter at +0.8% on the headline number before the +0.2% reading if...
These are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alcoa, Inc. (NYSE: AA) Cut to Hold at Deutsche Bank....
Northern Trust Corporation (NASDAQ: NTRS) is supposed to be one of the premier trust bank operations that caters to the wealthy and to pension funds.  The current economy and low rate environment...
The floor for interest rates is ZERO.  Right?  Apparently not when extreme conditions arise.  Those extreme conditions came today as investors moved solidly into the safety of very short-dated...
Screening for value in banks right now is probably a fools’ game.  In fact, J.P Morgan Chase & Co. (NYSE: JPM) trades at close to 0.9-times book value and Citigroup Inc. (NYSE: C) trades at...
At the end of 2010, US ETFs held assets of $1.005 trillion. By the end of 2015 that number will more than double to $2.091 trillion. That’s a compound annual growth rate of 15.8%, which is lower...
Do voluntary markets for renewable energy work? Government-mandated energy portfolios sort of work although the energy costs more and utilities — and consumers — often wail at having to buy the...