Mawer Investment Management Ltd. has decreased its holdings in State Street Corporation, a trend seen with some other firms such as Letko Brosseau & Associates Inc. and Private Management Group Inc. However, new investments have also been reported by players like Ridgewood Investments LLC and First Heartland Consultants Inc. Increased dividends and strong financial results are contributing to the increased interest in State Street's shares. The company's Select Sector SPDR® Premium Income ETF Suite, debuted by State Street Investment Management, seems to be a substantial product launch. There are indications of earnings growth for State Street, albeit with some recent misses on earnings per share. Activism issues have been suggested due to a slide in stock value. State Street underwent significant rebranding and appointed a new CFO, John F Woods. The company spoke at the Morgan Stanley U.S. Financials Conference and is predicted to continue its steady growth, spurred by recovery in net interest income and global growth.
State Street Corporation STT News Analytics from Sat, 14 Dec 2024 08:00:00 GMT to Sat, 02 Aug 2025 02:37:44 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
