State Street Corporation (STT) continues to show growth by announcing an increase in its dividend to $0.84 and the live launch of its
Enterprise Performance system. However, insider stock sales worth US$9.8m hint potential weakness. The corporation has announced a
Multi-Year Partnership with the WNBA and a strategic partnership with
Apex Fintech Solutions to address the global wealth market. Other significant developments include the corporation's debut of a
Select Sector SPDR® Premium Income ETF Suite, the appointment of
Brian Porter to its Board of Directors, and a successful API order execution in Australia, further expanding ETF trading capabilities. Lackluster Q2 earnings results, increased holdings by
Ferguson Wellman Capital Management, and a record AUM and dividend increase stand out as significant news. Key leadership changes and rebranding efforts hint at a shift in the corporation's long-term strategy. The corporation's stock saw a 13.3% YTD gain and an all-time high of 114.3 USD. It procures investment services for
Columbia Threadneedle amounting to $431 Billion in assets and successfully completed a US$1,700 million buyback.
State Street Corporation STT News Analytics from Sat, 14 Dec 2024 08:00:00 GMT to Sat, 27 Sep 2025 00:10:02 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
