State Street Corporation (STT), a significant player in the financial services industry, engages in numerous business activities. They recently partnered with
Bridgewater to launch retail alternative investment ETFs. The company has exhibited growth, with their share price up by
2.68% within a week, and beat Q3 earnings and revenue estimates. Several companies, including
Banque Cantonale Vaudoise and
Verity & Verity LLC, have increased their stakes in STT. The corporation announced preferred stock dividends across 3 series, up to $2,642 per share. STT reported strong Q3 2024 financial results indicating a favourable financial performance. The corporation seeks further growth and investment in Latin America, with Mexico being a strategic pole. Recently, STT strengthened its board with risk management veteran
Patricia Halliday and appointed
Vanessa Fernandes as Head of Digital Assets. They expanded their ETF servicing relationship with VanEck and delivered a Full Service Digital Platform for institutional investors in agreement with Taurus. Offering high dividend and revenue growth, some analysts view STT as an attractive stock option.
State Street Corporation STT News Analytics from Fri, 19 Jan 2024 08:00:00 GMT to Sat, 23 Nov 2024 18:42:48 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -5
