State Street Corporation (STT)

93.16
1.20 1.20
NYSE
Prev Close 94.32
Open 96.37
Day Low/High 92.17 / 97.11
52 Wk Low/High 69.02 / 104.87
Volume 1.32M
Exchange NYSE
Shares Outstanding 365.98B
Market Cap 34.45B
P/E Ratio 11.74
Div & Yield N.A. (N.A)

Latest News

IVZ Long

I bought back my  long at $24.70. I am hopeful that IVZ acquires the money management arm of State Street as there would be huge synergies. I would ascribe a 50% chance of this occurring. There is a long shot chance that STT could acquire all of IVZ...

Invesco Dealings

I am small long as the deal being discussed in the press makes sense.

Let's Check the Results of My Pre-Election Lesson

Let's Check the Results of My Pre-Election Lesson

Here I'll follow up on an article from last October and how the advice turned out.

Dodging the Snakes, Dissonant Dance With China, Dipping Into the Chip Bowl

Dodging the Snakes, Dissonant Dance With China, Dipping Into the Chip Bowl

Those rattles you hear on the COVID, Fed and political fronts are reasons to tread carefully in the markets.

China's Economy, Retail Sales, Helicopter Money, Walmart's Autonomous Vehicles

China's Economy, Retail Sales, Helicopter Money, Walmart's Autonomous Vehicles

The 'organic' economy has to take over at some point, and at that point, at least in theory, demand for credit should accelerate.

World's Third-Largest Smartphone Maker Added to U.S. Military Blacklist

World's Third-Largest Smartphone Maker Added to U.S. Military Blacklist

Xiaomi shares plunged in Hong Kong trade Friday after the Department of Defense said the mobile-phone maker is part of China's 'military-civil fusion'.

STT and JPM?

Shares of State Street are catching a late Friday bid following reports the company is considering options for its asset management division... didn't JP Morgan's Jamie Dimon just say he was open to expanding the company's asset management business....

It Pays to Be Contrarian. Bank on It

It Pays to Be Contrarian. Bank on It

The panic selling beating banks took made sense in March. Here's what didn't make sense.

An OK Thursday, Man vs. Machine, Labor Labors, QE Forever?: Market Recon

An OK Thursday, Man vs. Machine, Labor Labors, QE Forever?: Market Recon

Plus, we check in on Peloton and Datadog and the Nasdaq Composite Index.

Use DRIPs to Build a Socially Responsible Portfolio

Use DRIPs to Build a Socially Responsible Portfolio

Many quality companies that fit into the socially responsible investing camp offer direct-purchase plans, allowing investors an easy way to build an SRI portfolio.

Futures Pop, Gilead's Covid-19 Treatment, Trading My 'Virus Group'

Futures Pop, Gilead's Covid-19 Treatment, Trading My 'Virus Group'

The rise in equity futures pricing was born of optimism from the president's task force draft guideline on reopening parts of the U.S. economy and Gilead Sciences' somewhat positive results on its remdisivir anti-viral treatment.

Earnings Continue to Show Solid Results

Pre-market futures are still pointing to a slightly up open as we try to end the trading week hitting more all-time highs. Fourth quarter earnings results continue to flow across the wires. Big financial firms have kicked off the earnings season thi...

Bull Market, Treasury Notes and Green Investing: Market Recon

Bull Market, Treasury Notes and Green Investing: Market Recon

BlackRock's doin' it, Microsoft's doin' it, so all traders should think about ESG-based investing.

Jim Cramer: With Stocks, Beware the Empty Bottles of Ketch-Up Gains

Jim Cramer: With Stocks, Beware the Empty Bottles of Ketch-Up Gains

There are gains on real news like Morgan Stanley's, and the other rotten-tomato variety. I don't want recommendations based on intellectual vacations.

State Street Upgraded to Buy at Goldman

State Street Raised to Outperform at KBW

An Interesting Dividend Earner Just Cropped Up

An Interesting Dividend Earner Just Cropped Up

Ingredion recently inched up its new quarterly dividend, and while the nation's corn production woes may cause a headwind for the company, its ample cash offers security.

Here's a State of the Art Stock

Here's a State of the Art Stock

State Street qualifies as an almost perfect stock: It's high quality and has a decent yield, while offering substantial upside.

Looking Ahead to Friday Morning

While we're getting ready for those earnings reports after today's close, here' a look at what's on tap tomorrow morning. American Express Autoliv BlackRock Citizens Financial Group Cleveland-Cliffs Gentex IberiaBank KC Southern Manpower NVR Regions...

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

The risk is that the chief design officer's departure will cause technical issues in Apple's chart.

A Safe Haven Stock in a Turbulent Market

A Safe Haven Stock in a Turbulent Market

This stock offers a nice combination of low risk and well-defined, substantial upside potential.

Charts of the Day: Anticipating Congressional Questions for Wall Street

Charts of the Day: Anticipating Congressional Questions for Wall Street

A cheat sheet of expected questions for investors and political theater enthusiasts.

Goldman Sachs Shares Are Cheap for a Number of Reasons

Goldman Sachs Shares Are Cheap for a Number of Reasons

It is likely time to build a long position in GS, but only on my terms.