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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:51 EDTSTTState Street sees FY14 revenue up 3%-5%, consensus $10.47B
State Street expects FY14 revenue growth of 3-5% compared to 2013, under the following assumptions: Strong execution of top priorities; Modest increases in market interest rates by later in 2014; Equity markets to remain close to year-end 2013 levels for full-year 2014; and improvement in market conditions for both its securities finance and trading businesses. Guidance in slides for Q4 earnings conference call.
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