Fox Business - The Power to Prosper
Search Site

State Street Corporation

Related Topics

  1. Northern Trust
  2. Bank of New York Mellon
  3. News Corporation
  4. M&T Bank
  5. Mid Cap
  6. Bank of New York
Get updates on State Street Corporation
Trian Fund Shows No Stake in MeadWestvaco, Cuts State Street Holding

Nelson Peltz's Trian Fund Management LP reported no position in MeadWestvaco Corp. (MWV) after last quarter disclosing it had accumulated nearly 1.6 million shares of the packaging company.The most recent filing also shows that Trian cut its stake in custody bank State Street Corp. (STT) by nearly a quarter, to 2.4 million shares.The update to Trian's holdings were reported in a securities filing late Wednesday, showing a snapshot of the firm's portfolio as of March 31.Trian's previous 13F filing, a form that disclosed the holdings of investors that manage over $100 million at the end of each quarter, showed that it had taken a new position in MeadWestvaco, which makes packaging for health-care, beauty and tobacco industries, among others, toward the end of 2012.The most recent filing also showed Trian with significantly higher stakes in two food companies, Mondelez International Inc. (MDLZ) and PepsiCo Inc. (PEP), than in the prior quarter. The firm reported owning 40.3 million shares...

Read More ›

  1. Fed Stress Tests: 17 of 18 Key U.S. Banks Could Weather Downturn

    The Federal Reserve said Thursday that 17 of the 18 largest U.S. banks could weather a sharp economic downturn with adequate buffers against losses, potentially clea...

  2. Fed's Estimates for Banks' Minimum Capital Ratios in a 'Severely Adverse' Event

    The Federal Reserve said Thursday that 17 of the 18 largest U.S. banks could weather a sharp economic downturn with adequate buffers against losses, potentially clea...

  3. Trian Fund Reports No Stake in Kraft, Slashes State Street , Adds MeadWestvaco

    Financier Nelson Peltz's Trian Fund Management reported no position in the food company formerly known as Kraft Foods Inc. in a securities filing late Thursday, afte...

  4. Schwab Unveils Massive Additions to Commission-Free ETF Lineup

    Shares of discount broker Charles Schwab (NYSE:SCHW) are higher by nearly one percent and touched a new 52-week higher earlier today after the company unveiled subst...

  5. Emerging Markets Drive Another Month of ETF Inflows

    Helped in large part by international funds, exchange traded funds hauled in $28.6 billion in new assets in January and helped make the December/January stretch the ...

  6. Activist investor Peltz cuts State Street stake: WSJ

    Trian Fund Management LP, founded by activist investor Nelson Peltz, has partially sold its stake in State Street Corp , the Wall Street Journal reported, citing peo...

  7. Market Wrap for Friday, January 18: Major Averages Close Mixed; Intel Falls

    The major averages finished the trading day mixed with the Dow and S&P 500 rising on Friday and the Nasdaq recording a small loss. The markets are focusing primarily...

  8. State Street 4th-Quarter Profit Up 23%

    State Street Corp.'s (STT) fourth-quarter earnings beat expectations, rising 23% as higher servicing fees helped to offset lower trading-services and securities fina...

  9. State Street FX Revenue up 2.6% in Fourth Quarter

    Foreign-exchange trade revenue increased 2.6% at State Street in the fourth quarter of 2012 from the third quarter of the same year, due to higher trading volume.Sti...

  10. State Street Plans Job Cuts Despite 4Q Beat

    State Street (NYSE:STT) logged a stronger-than-expected 23% jump in fourth-quarter profits on Friday thanks to higher fees, but the custody bank also disclosed plans...

  11. State Street 4th-Quarter Profit Up 23% on Higher Servicing Fees

    State Street Corp.'s (STT) fourth-quarter earnings rose 23% as higher servicing fees helped to offset lower trading-services and securities finance revenue.State Str...

  12. Goldman Sach's 4th-Quarter Net Surges on Strong Debt, Equity Revenue

    Goldman Sachs Group Inc. (GS) handily exceeded expectations for fourth-quarter profit, with surging revenue in debt and equity underwriting and trading and a rebound...

  1. Malaysia's AmInvest Inks Operations Outsourcing Pact With State Street

    Malaysian fund manager AmInvest Services Bhd has signed a pact with State Street Corp. (STT) outsourcing its investment operations and custody services to the New Yo...

  2. State Street 1st-Quarter Net Up 9.1% on Servicing Fees Revenue

    State Street Corp.'s (STT) first-quarter profit rose 9.1% as the bank cut costs and saw its servicing fees revenue improve.State Street is one of the country's large...

  3. State Street electronic FX chief departs in shake-up

    State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up.The departure ...

  4. State Street electronic FX chief departs in leadership shake-up

    State Street Corp said on Saturday the top executive of its electronic foreign exchange trading business has left the company in a leadership shake-up.The departure ...

  5. Financial Stocks Down, On Cyprus Debt Concerns

    Financial stocks extended losses on Thursday, as investors considered reports about bank restructuring in Cyprus and tech earnings disappointments. The Financial Sel...

  6. Big U.S. Banks Unveil Dividends, Stock Buybacks After Fed's Stress Tests

    A number of big U.S. banks Thursday unveiled plans for dividends and stock buybacks following the latest round of the Federal Reserve's stress tests.In all, 14 of th...

  7. Big U.S. Banks Unveil Dividends, Stock Buybacks After Latest Round of Bank Stress Tests

    A number of big U.S. banks announced plans for dividends and stock buybacks following the latest round of stress tests.Among the biggest U.S. banks--a group that inc...

‹ Prev12345…Next ›
Freebase CC-BY
Source: State Street Corporation on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL