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Stock Market & Financial Investment News

News Breaks
November 13, 2012
09:33 EDTSTTState Street sees FY12 NIM in middle of 145-155bp range
Sees FY13 decline in NIM at the high end of a range of 10-12bps due to impact of QE3 and continued low level of interest rates. Expects reduction in excess client deposits.
News For STT From The Last 14 Days
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July 22, 2014
07:16 EDTSTTState Street sees $575M-$625M in annualized pre-tax expense savings by 2015
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07:13 EDTSTTState Street reports Q2 operating EPS $1.39, consensus $1.26
Reports Q2 revenue $2.6B, consensus $2.6B.
July 21, 2014
15:30 EDTSTTNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
July 9, 2014
10:51 EDTSTTState Street, others reach $60M settlement over forex services, Reuters says
State Street and other defendants agreed to settle a lawsuit accusing them of overcharging clients for foreign exchange services for $60M, according to Reuters, citing a court filing. The report notes that the proposed settlement requires approval by federal judge. Reference Link

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