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Stock Market & Financial Investment News

News Breaks
March 20, 2013
10:46 EDTPTR, TTM, STT, ALKS, MACHigh option volume stocks: ALKS TTM MAC STT PTR
News For ALKS;TTM;MAC;STT;PTR From The Last 14 Days
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April 24, 2015
09:52 EDTSTTState Street says legal accrual may not cover all costs
Says low interest rate continuing to negatively impact NIR, NIM. Says continues to experience high levels of deposits. Says has begun charging customers on deposits. Says Q1 ETF outflows were "seasonal." Says legal accrual may not cover all costs. Says stronger U.S. dollar adversely impacted total fee revenue by approximately $83M vs. 1Q14. If interest rates stay static, sees FY15 operating-basis NIR $2.07B-$2.17B; if interest rates rise, sees operating-basis NIR $2.15B-$2.25B. Says remains well capitalized. Says returning capital to shareholders a "top priority." Says leverage ratios "near-term binding constraint." Says NIR headwinds likely to continue. Comments made on the Q1 earnings conference call. State Street is down 1.41% to $77.09 in morning trading.
08:47 EDTSTTState Street says positive operating leverage remains long-term goal
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08:11 EDTSTTState Street still sees FY15 operating-basis total fee revenue growth 4%-7%
Says long-term operating-basis financial goals include: EPS growth of 10%-15%, revenue growth of 8%-12% and ROE of 12%-15%. Says Q1 EPS decreased from 4Q14 primarily driven by the seasonal deferred incentive compensation expense for retirement-eligible employees and payroll taxes. Continues to see 2015 operating-basis NIR to perform as described in February. Says "no change" to target common equity tier 1 ratio of 10%. Says prudently planning capital actions to be compliant with future phases in regulatory requirements. Says outlook "unchanged" from its investor day in February: Sees FY15 operating-basis total fee revenue growth 4%-7% from FY14, sees operating-basis total fee revenue growth to outpace operating-basis expense growth by at least 200bps vs. 2014. Sees NIR headwinds continuing. Sees FY15 operating-basis effective tax rate of 30%-32%. Comments from slides that will be presented on the Q1 earnings conference call.
06:25 EDTSTTState Street reports Q1 operating EPS $1.17, consensus $1.05
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April 23, 2015
15:01 EDTSTTNotable companies reporting before tomorrow's open
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April 21, 2015
13:17 EDTMACPennsylvania REIT viewed as potential Simon takeover target, dealReporter says
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09:38 EDTTTMJaguar Land Rover accuses Chinese automaker of copying cars, Bloomberg reports
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April 20, 2015
07:20 EDTALKSAmerican Association for Cancer Research to hold annual meeting
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April 17, 2015
08:22 EDTMACMacerich coverage resumed with an Equal Weight at Morgan Stanley
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April 15, 2015
13:54 EDTMACOrange Capital pressures Macerich over rejected Simon Property bid, WSJ says
Activist investor Orange Capital, which has a stake of less than 1% in Macerich (MAC), has teamed up with Jonathan Litt led Land and Buildings Fund, to urge Macerich to reconsider the $16.8B “best and final” takeover bid from Simon (SPG), says the Wall Street Journal, citing sources. Reference Link
13:43 EDTMACOrange Capital pressures Macerich over rejected Simon Property bid, DJ says
08:38 EDTMACPennsylvania REIT, Macerich to redevelop and rebrand The Gallery in Philadelphia
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April 14, 2015
05:56 EDTMACStocks with implied volatility movement; CSCO MAC
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April 13, 2015
10:48 EDTMACOptions with increasing implied volatility
Options with increasing implied volatility: CLDN WETF EWH FOSL FXI TLM PRGO ATHN SYMC MAC

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