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State Street News

News on State Street (Ticker: STT) continually updated from thousands of sources around the net.

Friday Jul 11 | Banker & Tradesman

Cambridge Audio Company Eyes Move To Lafayette City Center

Wireless speaker manufacturer Sonos is in discussions about a move from East Cambridge to Lafayette City Center in downtown Boston.

Comment?

Related Topix: Sonos, Cambridge, MA, Boston, MA, Back Bay (Boston, MA), Financial Services, Investment Services, Folk-Rock

Wed Jul 09, 2014

Business Journal

Boston Globe employees could find their new home to be a little more crowded

It could get a little crowded for staffers when the Boston Globe moves its yet-to-be-leased new headquarters in the downtown.

Comment?

Related Topix: Financial Services, Investment Services

TheStreet.com

Why State Street (STT) Stock Is Up This Afternoon

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

Comment?

Related Topix: Financial Services, Investment Services, Mozilla, TheStreetcom, Media, TheStreet, Computers, Financial Markets

Reuters

UPDATE 1-State Street settles shareholder, employee lawsuits for $70 mln

State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed securities were safe.

Comment?

Related Topix: Financial Services, Investment Services, Home, Mortgage, Personal Finance, Retirement

Reuters

State Street reaches $60 mln settlement over forex pricing

State Street Corp has reached a $60 million settlement of a shareholder lawsuit that accused it of overcharging clients for foreign exchange services, and falsely stating it invested only in "high quality" assets, according to a court filing.

Comment?

Related Topix: Financial Services, Investment Services

Tue Jul 08, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The sources of increase suggest the effects of ACA. )--FUND A db x-trackers MSCI Emerging Markets Index UCITS ETF DEALING DATE A 7-Jul-14 NAV PER SHARE A USD41.8552 NUMBER OF SHARES IN ISSUE A 69,784,771 CODE A )--ScottCare releases VersaCare 2.1, the industry's first Windows 7-based cardiopulmonary rehab telemetry system, which includes direct ... (more)

Comment?

Related Topix: RiskMetrics, MSCI, Financial Services, Investment Services

Sun Jul 06, 2014

Business Journal

Guest commentary: Where are all the fintech startups in Boston?

State Street, Fidelity, Wellington, BBH, Putnam-some of the nation's biggest names in asset management and servicing are located right in our backyard.

Comment?

Related Topix: Financial Services, Investment Services

Thu Jul 03, 2014

Nashua Telegraph

Nashua faces lawsuit over property taxes on Spit Brook Road office building

A real estate holding firm affiliated with Citizens Bank is asking a superior court judge for a tax abatement on property on Spit Brook Road that it argues was overvalued by more than $3.5 million.

Comment?

Related Topix: Office Equipment, Nashua, Industrial Machines, Paper, Nashua, NH, Financial Services, Investment Services

Tue Jul 01, 2014

The Washington Post

BNY Mellon Investors Welcome Peltz as Valuation Trails: Real M&A

Shares of the world's largest custody bank jumped yesterday to their highest price since the financial crisis after Peltz's Trian Fund Management LP revealed a 2.5 percent stake and said it's seeking talks with management and the board.

Comment?

Related Topix: BNY Mellon, Management, Financial Services, Investment Services, Banking, Northern Trust, Troy, NY, Insurance, Credit Suisse Group

Bloomberg

BlackRock Retakes Lead in ETF Sales on Emerging Markets

BlackRock Inc. , the world's biggest money manager, attracted more cash to its U.S. exchange-traded funds than any competitor in the second quarter as it benefited from resurgent emerging markets .

Comment?

Related Topix: Financial Services, BlackRock, Investment Services, RiskMetrics, MSCI, Financial Markets

Mon Jun 30, 2014

Seeking Alpha

Peltz takes stake in BNY Mellon

Having exited his holdings in State Street late last year, Nelson Peltz has set his sights on Bank of New York Mellon , with his Trian Fund Management disclosing a 9.33M share stake in the company.

Comment?

Related Topix: BNY Mellon, Financial Services, Investment Services

Seeking Alpha

BlackRock still faces competition as ETF business nears $1T

With more than $998B in its iShares business, BlackRock is on target to topple its upcoming $1T mark, although the company still faces market competition from rivals Vanguard and State Street .

Comment?

Related Topix: Financial Services, BlackRock, Investment Services

Sun Jun 29, 2014

Reuters

Thomson Reuters revising FX trading standards

Foreign exchange, the largest and one of the least regulated markets in the world, has for the last nine months been the subject of investigation by regulators around the world for allegations of price-rigging and collusion between traders.

Comment?

Related Topix: US News, Financial Services, Investment Services

Fri Jun 27, 2014

Bloomberg

Bond Rally Emboldens Bears to Short Industrials: EcoPulse

Bearish bets on an exchange-traded fund of industrial companies have risen close to a level last seen in 2012, reflecting investor skepticism about the strength of the U.S. expansion.

Comment?

Related Topix: Investment Services, Financial Services, Greenwood, SC, Financial Markets

The Motley Fool

3 Reasons Why You Shouldn't Pass Up On State Street Corporation

With an excellent track record in growing alternative assets under management, peer-group leading profitability and a strong balance sheet, State Street makes a compelling value proposition in the asset management business.

Comment?

Related Topix: Financial Services, Investment Services, Bank of New York, Banking, BNY Mellon, Home, Mortgage, Personal Finance

Thu Jun 26, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Des... )--Celtra Inc., provider of the first cross-screen HTML5 technology for brand advertising, today announced the release of the new AdCreator analytics which includes cross-scre... )--Arbor Networks announced today that IPnett has become an Arbor Elite partner, reflecting the strength of the relationship in the Nordics market.

Comment?

Related Topix: Amazon, Investment Services, Financial Services

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Des... )--Celtra Inc., provider of the first cross-screen HTML5 technology for brand advertising, today announced the release of the new AdCreator analytics which includes cross-scre... )--Arbor Networks announced today that IPnett has become an Arbor Elite partner, reflecting the strength of the relationship in the Nordics market.

Comment?

Related Topix: Amazon, Investment Services, Financial Services

Mon Jun 23, 2014

Bloomberg

Fidelity's Sector ETFs Pass the $1 Billion Mark

Fidelity has passed the $1 billion mark in assets under management for the 10 sector ETFs it launched last October.

Comment?

Related Topix: Financial Services, Investment Services, BlackRock, Financial Markets

Wed Jun 18, 2014

The Washington Post

S&P 500 Climbs to Record as Fed Supports Low Rates Amid Recovery

U.S. stocks rose, sending the Standard & Poor's 500 Index to an all-time high, as the Federal Reserve said growth is bouncing back and repeated that interest rates will remain low for a "considerable time."

Comment?

Related Topix: Financial Markets, RiskMetrics, MSCI, Financial Services, Investment Services, Science / Technology

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