State Street Corporation (STT) continues to show promising growth as indicated in reported earnings and analyst perspectives. Dividends were declared on its common stock and dividends series G, I, and J. Several senior debt issuances were conducted, including one of $2.3 billion with a diverse broker-dealer partnership. The third quarter 2024 financial results show a positive performance. Furthermore, STT's asset management unit took a stake in Raiz. Several high-ranking appointments were made, notably, Jason Rich as Singapore Country Head, Patricia Halliday to the Board as a Risk Management Veteran, and Vanessa Fernandes as Head of Digital Assets. State Street continues its diversity initiative with partnerships with Harris | Oakmark for the State Street Alpha platform and other minority depository institutions. Analysts from Morgan Stanley, however, have lowered STT's price target from $139 to $132. Additionally, several insider sales have occurred, including the Vice Chairman and CFO selling shares of STT.
State Street Corporation STT News Analytics from Fri, 08 Mar 2024 08:00:00 GMT to Sat, 04 Jan 2025 13:15:27 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor 3
