State Street Corporation (NYSE: STT) has consistently been in the news with a diverse range of updates. They have set dates for the release of their 2024 quarterly financial results, and held multiple conference call webcasts. Notable insider selling has occurred with Vice Chairman and CFO, Eric Aboaf selling 12,000 shares and Executive Vice President, John Plansky, selling 12,200 shares. The corporation has been focusing on expansion, despite cost concerns, with efforts like partnering up with Taurus and boosting crypto services. They have issued $1 billion of senior debt and reached a new 1-year high at $86.26. Their dividends seem to be going strong. Several analyses suggest it's a great choice as a long-term value stock. Trovata and State Street's Fund Connect have integrated to streamline corporate investing. Moreover, State Street Global Advisors took a strategic stake in the Australian Fintech Platform, Raiz. Lastly, State Street is reportedly looking into creating its own stablecoin.
State Street Corporation STT News Analytics from Fri, 19 Jan 2024 08:00:00 GMT to Sun, 01 Sep 2024 11:21:36 GMT -
Rating 6
- Innovation 2
- Information 6
- Rumor -4
