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State Street Corp (STT.N)

STT.N on New York Stock Exchange

92.42USD
18 Aug 2017
Change (% chg)

$0.63 (+0.69%)
Prev Close
$91.79
Open
$91.56
Day's High
$92.96
Day's Low
$91.25
Volume
483,127
Avg. Vol
433,013
52-wk High
$96.26
52-wk Low
$68.16

Latest Key Developments (Source: Significant Developments)

State Street's shareholders file derivative complaint against co "demanding" that co take legal action against past, present officers, directors
Friday, 4 Aug 2017 07:22am EDT 

Aug 4 (Reuters) - State Street Corp :State Street- In July 2017, shareholder filed derivative complaint against co "demanding" that co take legal action against past, present officers, directors.Says the complaint is regarding the recovery of alleged damages from the incorrect invoicing of certain expenses - SEC filing.State street says the complaint is regarding the recovery of alleged damages from Jan 2016 settlement with SEC concerning Ohio public retirement plans.State Street Corp - shareholder complaint also seeks that the company institute various corporate governance reforms.  Full Article

State Street Corp sees FY17 net interest income $2.43 billion to $2.45 billion
Wednesday, 26 Jul 2017 08:10am EDT 

July 26 (Reuters) - State Street Corp ::State Street Corp sees fy 2017 net interest income $2.43 billion to $2.45 billion or up 12 percent to 13 percent .State Street Corp sees fy 2017 total fee revenue growth 6 percent to 7 percent.  Full Article

State Street reports Q2 earnings per share of $1.53
Wednesday, 26 Jul 2017 07:20am EDT 

July 26 (Reuters) - State Street Corp : :State street reports second-quarter 2017 GAAP-basis EPS of $1.53 and roe of 12.6%.Q2 earnings per share $1.53.Q2 earnings per share view $1.57 -- Thomson Reuters I/B/E/S.State Street Corp - Q2 total expenses on operating basis $1,960 million versus $1,828 million last year.State Street Corp - Qtrly total fee revenue on operating basis $ 2,324 ‍​ million versus $2,130 million last year.Q2 total revenue $2,810 million versus $2,573 million last year.State Street Corp - Qtrly total revenue on operating basis $ 2,941​ million versus $2,675 million last year.Assets under management at Q2 end $2,606 billion versus $2,561 billion at Q1 end.State Street Corp - Basel III Tier 1 Capital Ratio based on advanced approach as of quarter end 15.2 percent versus 14.4 percent as of Mar 31, 2017.Q2 revenue view $2.86 billion -- Thomson Reuters I/B/E/S.  Full Article

State Street announces planned increase to its qtrly common stock dividend to $0.42/share
Wednesday, 28 Jun 2017 04:33pm EDT 

June 28 (Reuters) - State Street Corp ::State Street Corporation announces planned increase to its quarterly common stock dividend to $0.42 per share and an authorization to purchase up to $1.4 billion of its common stock.Sets quarterly dividend of $0.42per share.State street - capital plan proposes increase to quarterly common stock dividend to $0.42 per share, from $0.38 per share, beginning in q3 of 2017.State street corp - capital plan includes no net issuance of preferred shares over program period of july 1, 2017 through june 30, 2018.State street - capital plan proposes an increase to quarterly common stock dividend to $0.42 per share, from $0.38 per share, beginning in q3 of 2017.State street corp - program will be effective july 1, 2017 and extend through june 30, 2018.Assets under management include approximately $33 billion as of march 31, 2017.  Full Article

Instinet agrees to purchase Blockcross ATS from State Street
Thursday, 22 Jun 2017 08:30am EDT 

June 22 (Reuters) - :Instinet - Instinet will operate ATS using same Blockcross team, who will join Instinet's office in Boston.Instinet agrees to purchase Blockcross ATS from State Street.Instinet says terms were not disclosed.  Full Article

State Street notifies U.S. Bank National Association it intends to exercise its option under terms of indenture, dated Dec 15, 1996
Monday, 12 Jun 2017 04:49pm EDT 

June 12 (Reuters) - State Street Corp : :State Street-on june 12, co notified U.S. Bank National Association it intends to exercise its option under terms of indenture, dated Dec 15, 1996.State Street Corp - effective as of June 15, 2017, scheduled maturity date of debentures will be extended from June 15, 2037 to June 15, 2047.State Street Corp - effective as of June 15, 2017, final repayment date of debentures will be extended from June 1, 2067 to June 1, 2077.  Full Article

State Street Corp files for offering of fixed-to-floating rate notes, size undisclosed
Wednesday, 10 May 2017 09:59am EDT 

May 10 (Reuters) - State Street Corp :State Street Corp files for offering of fixed-to-floating rate notes, size undisclosed - SEC filing.  Full Article

State Street Q1 earnings per share $1.21
Wednesday, 26 Apr 2017 07:00am EDT 

April 26 (Reuters) - State Street Corp :State street reports first-quarter 2017 gaap-basis eps of $1.15, and roe of 9.9%, as both increased compared to the first-quarter of 2016.Q1 earnings per share $1.21.Q1 earnings per share view $1.13 -- Thomson Reuters I/B/E/S.Qtrly total gaap revenue $2.67 billion.Q1 total expenses on operating basis $2,057 million versus $1,943 million last year.Q1 total revenue on operating basis $2,781 million versus $2,574 million last year.Q1 total fee revenue on operating basis $2,268 million versus $2,033 million last year.Assets under management at q1 end $2,561 billion versus $2,468 billion at q4 end.State street corp - basel iii tier 1 capital ratio based on advanced approaches as of quarter end 14.4 percent versus 14.8 percent as of dec 31, 2016.  Full Article

State Street Global Advisors says received a paymentfrom class action settlement
Friday, 21 Apr 2017 04:48pm EDT 

April 21 (Reuters) - State Street Corp ::State Street Global Advisors says received a payment as authorized claimant from a class action settlement related to Weatherford International Ltd.  Full Article

Dst to acquire remaining interest in Joint Ventures, BFDS and IFDS U.K., from State Street
Monday, 27 Mar 2017 09:56am EDT 

State Street Corp : DST to acquire remaining interest in joint ventures, BFDS and IFDS U.K., from State Street . Expects consolidated IFDS U.K. Businesses to contribute about $440 million of incremental annual operating revenues upon acquisition . In U.K., DST'S unit will acquire ownership interest in IFDS U.K; acquisition will be funded through cash on hand, DST's existing debt facilities . Expects $20 million of operating income before synergies, restructuring costs and amortization of intangibles over next twelve months .Expects IFDS U.K. Deal accretive to diluted eps by $0.18-$0.22 in next 12 months before synergies, restructuring costs, amortization of intangibles.  Full Article

MOVES-State Street names Jacqueline Lommen as N. Europe pensions strategist

Aug 8 State Street Global Advisors, the asset management arm of State Street Corp, said on Tuesday it appointed Jacqueline Lommen as senior defined contribution pensions strategist position for its Northern Europe division.