UPDATE: Argus Upgrades State Street (STT) to Buy, 'We believe that recent weakness provides a favorable entry point'
- Futures point to higher open as more earnings roll in
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil falls back after robust EU data as Mideast tensions linger
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Apple, PepsiCo, JetBlue fall premarket; Amazon, GM and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
State Street Corporation Declares Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”, “G” and “H”
April 20, 2022 4:30 PM EDTBOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:
Series D (represented by depositary shares, each representing a 1/4000th interest in a share of Series D preferred stock). The cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.3687 per depositary share) and is payable on June 15, 2022 to the holders of record of the Series D preferred stock at the close of business on... MoreMichael Knowling Joins State Street as Head of Global Clients Division
April 19, 2022 8:30 AM EDTBOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced the that it has appointed Michael Knowling to head of its Global Clients Division (GCD). Knowling will report jointly to Joerg Ambrosius and Chris Coleman.
In this role, Knowling will manage a team of senior client executives, global relationship managers, and client analysts as part of State Streets client centric coverage model focused on delivering cross-enterprise solutions and insights to the companys global and most complex clients.
Michael has a deep knowledge of the complex needs of our client... More
Investment Management Platform FundGuard Closes $40 Million Series B Funding
April 19, 2022 8:26 AM EDTCiti and State Street join initial investors to drive FundGuard's AI and cloud-powered global asset servicing platform
NEW YORK and BOSTON and TEL AVIV, Israel, April 19, 2022 /PRNewswire/ -- FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, announced today that it has closed a $40 million Series B funding round. The investment round included large strategic investors... More