State Street(STT)
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It makes sense to hold up to 20% of your portfolio in gold - State Street's Milling-Stanley
KITCO· 2024-04-01 21:14
(Kitco News) - The gold market continues to move from strength to strength and in a world filled with uncertainty, investors should expect this trend to continue, according to one market analyst.In a recent interview with Kitco News, George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, said that he is not surprised gold prices are notching new record highs on nearly a daily basis.The comments come as June gold futures last traded at $2,258.30 an ounce, up nearly 1% on the day.Milli ...
Trailing S&P500 By 14% YTD, What To Expect From State Street Stock?
Forbes· 2024-03-22 12:30
UKRAINE - 2021/06/06: In this photo illustration a State Street Corporation logo seen displayed on a ... [+] smartphone with the stock market information of State Street Corporation in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesState Street’s stock (NYSE: STT) has lost 5% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, the stock is currently trading at $74 per share, which is 14% below it ...
State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt
Businesswire· 2024-03-18 20:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued an aggregate principal amount of $1 billion of senior debt. The offering, which closed today, was structured in keeping with State Street’s ongoing inclusion, diversity, and equity efforts, with Blaylock Van, LLC acting as a joint book-running manager, and Cabrera Capital Markets LLC, CAVU Securities LLC, Mischler Financial Group, Inc. and Tigress Financial Partners LLC each acting as co-manager ...
Here's Why State Street Corporation (STT) is a Strong Momentum Stock
Zacks Investment Research· 2024-03-18 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...
State Street Corporation Announces Time Change for its First-Quarter 2024 Financial Results and Conference Call Webcast
Businesswire· 2024-03-15 20:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced changes to the timing of the previously announced release of its first-quarter 2024 financial results and the associated webcast and teleconference, in order to minimize conflicts with other industry earnings announcements. Financial results will now be announced on Friday, April 12, 2024 at approximately 7:30 a.m. ET, and reviewed via webcast and teleconference at 12:00 p.m. ET. There is no change to the date, the dial-in or web ...
State Street Corporation (NYSE: STT) Announces Date for Release of First-Quarter 2024 Financial Results and Conference Call Webcast
Businesswire· 2024-03-08 21:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its first-quarter 2024 financial results on Friday, April 12, 2024 at approximately 7:30 a.m. ET. The results will be reviewed via webcast and teleconference at 11:00 a.m. ET. The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com, and by telephone at (+1) 888-886-7786 (Conference ID: 14320217). Materials will be available on State Street’s Investo ...
6 Reasons to Invest in State Street (STT) Stock Right Away
Zacks Investment Research· 2024-03-05 13:15
It seems a wise idea to add State Street (STT) stock to your portfolio now. The company’s solid business servicing wins, strategic acquisitions, global reach and efforts to technologically upgrade operations are expected to aid revenues. Its steady capital distribution activities will likely continue enhancing shareholder value.Analysts seem optimistic regarding the company’s earnings growth prospects. Over the past 30 days, the Zacks Consensus Estimate for earnings has been revised 1% and marginally upward ...
Why State Street Corporation (STT) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-03-01 15:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?T ...
State Street Announces $100 Million Program for Minority Depository Institutions and Community Development Financial Institutions
Businesswire· 2024-02-29 12:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a $100 million program to provide low-cost, stable deposit funding to minority depository institutions (MDIs)1 and Community Development Financial Institutions (CDFIs)2, to support the firms’ collective missions of addressing inequities in our communities by working toward a more just and equitable future. As a part of this program, the firm is initially partnering with two mission-driven MDIs - Optus Bank and Mechanics & Farme ...
Why State Street Corporation (STT) is a Great Dividend Stock Right Now
Zacks Investment Research· 2024-02-23 17:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investo ...