UPDATE 2-U.S. custodian bank State Street to buy investment firm Charles River [Reuters]
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
Check Earnings Report
US:NYSE Investor Relations:
investors.statestreet.com
Company Research
Source: Reuters
U.S. custodian bank State Street to buy investment firm Charles River | Reuters Reuters Staff 2 Min Read (Reuters) - U.S. custodian bank State Street Corp ( STT.N ) said on Friday it would buy Charles River Development, a privately held investment management firm, for $2.6 billion in cash. The acquisition gives State Street a service platform through which clients would be able to get in and out of funds as well as access investment and portfolio data. “Today’s announcement represents an important milestone in our digital and technology transformation,” Chief Executive Officer Jay Hooley said in a statement. The bank, which reported a 15.4 percent rise in second-quarter profit, said it would suspend $950 million worth of share repurchases and issue fresh equity to finance the deal. About two-thirds of the new equity would be in the form of common stock and the rest in preferred stock, State Street said. The deal, which is likely to close in the fourth quarter, would add to the bank’
Show less
Read more
Impact Snapshot
Event Time:
STT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STT alerts
High impacting State Street Corporation news events
Weekly update
A roundup of the hottest topics
STT
News
- Perpetual Limited's (ASX:PPT) largest shareholders are retail investors with 43% ownership, institutions own 41% [Yahoo! Finance]Yahoo! Finance
- Pilbara Minerals Limited (ASX:PLS) is largely controlled by institutional shareholders who own 59% of the company [Yahoo! Finance]Yahoo! Finance
- State Street Corporation (NYSE:STT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- FOUNDATION SOURCE NAMES LOU D'ADDARIO CHIEF REVENUE OFFICER AND WARREN BAILEY CHIEF INFORMATION SECURITY OFFICER [Yahoo! Finance]Yahoo! Finance
- State Street Co. (NYSE: STT) had its price target raised by analysts at Morgan Stanley from $89.00 to $90.00. They now have an "equal weight" rating on the stock.MarketBeat
STT
Earnings
- 4/12/24 - Miss
STT
Sec Filings
- 4/12/24 - Form 8-K
- 4/8/24 - Form 144
- 4/4/24 - Form ARS/A
- STT's page on the SEC website