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Stock Market & Financial Investment News

News Breaks
October 26, 2012
09:10 EDTSEIC, STISEI expands long-term relationship with SunTrust
SEI (SEIC) announced that it has extended its multi-year strategic partnership with SunTrust Banks (STI) through 2020. As part of the new agreement, SEI will now handle securities processing functions for SunTrust's Private Wealth Management business.
News For SEIC;STI From The Last 14 Days
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May 23, 2013
10:08 EDTSTIOn The Fly: Analyst Upgrade Summary
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07:45 EDTSTISunTrust upgraded to Buy from Neutral at Guggenheim
Guggenheim upgraded SunTrust based on the rebound in residential real estate, an improving regional economy, excess capital deployment and valuation.
May 22, 2013
14:02 EDTSEICSEI raises stock repurchase authorization and increases dividend 25%
The Board of Directors of SEI Investments Company declared a regular semi-annual dividend of 20c per share, a 4c, or 25% increase compared to its last regular semi-annual dividend. The cash dividend will be payable to shareholders of record on June 17, with a payment date of June 25. In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $100M, increasing the available authorization under the program to approximately $139M. Since the beginning of calendar year 2013, the company repurchased approximately 1.8M shares at a cost of approximately $52.2M.
10:00 EDTSTIOn The Fly: Analyst Downgrade Summary
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09:11 EDTSEICSEI's goals-based Strategic Portfolios hit GBP 1B AUM
SEI has announced that its flagship U.K. goals-based Strategic Portfolios have hit GBP1B in assets under management following strong client demand for the funds' pioneering investment approach. Launched in February 2010, the SEI Strategic Portfolios are a suite of seven risk-rated, multi-asset funds underpinned by a manager-of-manager investment structure that offers retail investors access to some of the best active institutional fund managers around the world. SEI measures the success of the Portfolios against a wide range of financial goals, taking into account different time horizons and risk profiles, rather than measuring performance against traditional benchmarks.
07:12 EDTSTISunTrust downgraded to Perform from Outperform at Oppenheimer
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May 20, 2013
07:24 EDTSTISunTrust to host a conference
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May 17, 2013
14:29 EDTSTISunTrust gets judge to block $13M arbitration, Reuters says
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May 16, 2013
08:33 EDTSTIBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
May 14, 2013
13:16 EDTSTISunTrust management to meet with SunTrust
Group dinner to be held in New York on May 20 hosted by SunTrust.

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