BNET Industries
Market Cap:$20.5B
Last Fiscal Year Sales:$11.8B
- Public
- US
Dow Jones Description
State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $12 trillion in assets under custody and $1.4 trillion in assets under management at December 31, 2008, State Street operates in 27 countries and more than 100 geographic markets worldwide.
Number of Employees 28,475
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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State Street Launches Comprehensive, Role-based Corporate Governance Dashboard - Quick Facts
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State Street Launches Corporate Governance Dashboard
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State Street sets quarterly dividend of a penny
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State Street Launches SCPB, Corporate Bond ETF
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State Street Named Sole Investment...
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State Street's acquisition of Mourant to close in Q1
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MSIM inks outsourcing deal with State Street
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Green Mountain Says Its All-cash Offer Continues To Be The Superior Proposal For Diedrich Coffee...
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The financial services firm expands its overseas footprint with a key acquisition
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UPDATE 1-State Street grows in alternatives with Mourant buy
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State Street gives departing CEO $6 million cash award
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Custody Battle in Currencies Market
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Addition to legal reserve drives State Street to update Q3 figures
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State Street settles lawsuit, bulks up legal reserve
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State Street's CEO set to call it quits next year
News & Analysis
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financial and state street corp. - All News and Analysis
State Street Wins $300 Billion in Business from Morgan Stanley
Seeking Alpha
- 2009-12-01
Zacks.com submits: State Street Corporation STT said on Monday that it has expanded its relationship with Morgan Stanley MS to provide investment management operations outsourcing services for the assets of Morgan Stanley Investment Management MSIM worth about $300 billion. As part of the deal, State Street will absorb...
State Street Corporation Q3: Beats Estimates
Seeking Alpha
- 2009-10-20
Zacks.com submits: State Street Corporation’s STT third quarter operating earnings of $1.05 per share were 5 cents ahead of the Zacks Consensus Estimate. Operating results for the quarter exclude $11 million in pre-tax merger and integration costs associated with the Investors Financial Services Corp. acquisition. However, the results...
State Street: A Follow-Up Recommendation
Seeking Alpha
- 2009-08-11
Paul Price submits:State Street [NYSE:STT] August 11, 2009: $51.10 52-week-range: $14.43 (Jan. 20, 2009) - $74.04 (Aug. 11, 2008)Dividend = $0.01 quarterly = 0.08% current yield State Street STT* is one of the largest trust banks worldwide, combining banking, asset servicing, and asset-management operations. The company also offers services such...
State Street Corporation Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-21
State Street Corporation STT Q2 2009 Earnings Call July 21, 2009 9:30 am ET
State Street: TARP Still Positive for Taxpayers
Seeking Alpha
- 2009-07-15
Gary Townsend submits: In an article here last month, we noted that the Federal government’s TARP-related investment in America’s banks had become a sweet investment for taxpayers. In particular, we estimated the government earned an average annualized return of nearly 18% on its investments in the 10 banks that...
TARP Warrants: Good News for Taxpayers?
Seeking Alpha
- 2009-07-12
The Good News Economist submits: On Friday it was announced that State Street Corp. STT became the first of 10 large banks to repurchase warrants held by the US Treasury. The warrants were put in place to assure that taxpayers are rewarded for their collective TARP loan to banks...
Options Used to Cut State Street Risk
Seeking Alpha
- 2009-05-18
optionMONSTER submits: by David Russell State Street STT is rallying today, and traders are using options to mitigate potential downside in the bank's share price. by optionMONSTER
Goldman / State Street: Shades of 1999?
Seeking Alpha
- 2009-05-18
Karl Denninger submits: Again I ask, where are the cops? This morning State Street announced a common stock offering, non-FDIC-guaranteed debt offering, and intention to consolidate its commercial paper conduits. by Karl Denninger
Stress Test Results Are Out - Leaks Were Right
Seeking Alpha
- 2009-05-07
Tyler Durden submits: The product of the great spin is out! Everything flying after hours. State Street STT and BONY BK now pulling the borrow in State Street and BONY, kinda poetic. And, of course, all leaks were right on the money. Over under on the leakers actually getting...
State Street: A Bankable Proposition
Seeking Alpha
- 2009-04-28
Paul Price submits: State Street STT is an interesting play today because the basic business remains rock solid while its $22.6 billion in off balance sheet, asset-backed commercial paper conduits pose a lot of questions. The primary business functions involve custodial services and daily pricing for mutual...
Industry Transcripts by Seeking Alpha
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Paychex Inc. F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about PAYX
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on Dec 17, 2009about DFS
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VeriFone Holdings, Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 14, 2009about PAY
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H&R Block, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call and Investment Community Conference Transcript
on Dec 08, 2009about HRB
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
Glass Door
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