State Street (STT) Misses Q2 EPS by 14c, Miss on Revenues
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State Street (STT) PT Lowered to $109 at Morgan Stanley
July 24, 2018 7:29 AM EDTMorgan Stanley lowered its price target on State Street (NYSE: STT) to $109.00 (from $113.00) while maintaining a Equalweight rating.
... MoreState Street (STT) PT Lowered to $96 at UBS
July 23, 2018 9:46 AM EDTUBS lowered its price target on State Street (NYSE: STT) to $96.00 (from $119.00) while maintaining a Buy rating.
... MoreState Street (STT) PT Lowered to $103 at Credit Suisse
July 23, 2018 8:50 AM EDTCredit Suisse lowered its price target on State Street (NYSE: STT) to $103.00 (from $110.00) while maintaining a Neutral rating.
... MoreState Street (STT) PT Lowered to $102 at Deutsche Bank Following Mixed 2Q
July 23, 2018 7:03 AM EDTDeutsche Bank lowered its price target on State Street (NYSE: STT) to $102.00 (from $115.00) while maintaining a Buy rating following the company's 2Q earnings report. STTs 2Q18 core EPS of $2.03 beat $2.01 consensus but Deutsche Bank views 2Q results as mixed with weaker than expected core... More
State Street (STT) PT Lowered to $110 at Barclays
July 23, 2018 5:11 AM EDTBarclays lowered its price target on State Street (NYSE: STT) to $110.00 (from $120.00) while maintaining a Overweight rating.
... MoreU.S. custodian bank State Street to buy investment firm Charles River
July 20, 2018 6:17 AM EDT(Reuters) - U.S. custodian bank State Street Corp (NYSE: STT) 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... More
State Street (STT) Reports Acquisition of Charles River Development for $2.6B
July 20, 2018 6:07 AM EDTState Street Corporation (NYSE: STT) today announced that it has entered into a definitive agreement to acquire Charles River Systems, Inc. (Charles River Development), a premier provider of investment management front office tools and solutions. Under the terms of the agreement, State Street will purchase Charles River Development in an all cash transaction for $2.6 billion. The acquisition, which is subject to regulatory approvals and customary closing conditions, is expected to be completed in the fourth quarter of 2018.
When integrated with State Streets existing front, middle and back office capabilities, Charles River Developments... More
