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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.
News For STT From The Last 14 Days
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February 26, 2015
10:02 EDTSTTState Street appointed by Hartford Funds to assist in providing custody services
State Street announced that it has been appointed by Hartford Funds to assist in providing custody and accounting services for $93.6B in assets under management, which includes $20.6B in mutual funds supporting variable annuity and investment products. Hartford Funds is a leading provider of mutual funds.
10:00 EDTSTTOn The Fly: Analyst Downgrade SummaryStarz
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07:47 EDTSTTState Street downgraded at Credit Suisse
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06:29 EDTSTTState Street downgraded to Neutral from Outperform at Credit Suisse
06:15 EDTSTTState Street downgraded to Neutral from Buy at Citigroup
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February 23, 2015
09:35 EDTSTTState Street to hold analyst and investor day
Analyst and Investor Day to be held on February 25 at 12:30 pm. Webcast Link
February 20, 2015
16:40 EDTSTTState Street says legal accrual does not affect Q4, FY14 results
The increased legal accrual does not affect State Streetís previously announced operating-basis Q4 and FY14 financial results, which are not presented on a GAAP-basis.
16:39 EDTSTTState Street increases Q4 legal accrual to $115M
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