State Street Corp V.STT

Primary Symbol: STT Alternate Symbol(s): STT.PR.G

Financial Services Asset Management

State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing, through State Street Investment Services, State Street Global Markets, State Street Alpha, and State Street Digital, provides investment services for clients, including mutual funds, collective investment funds and other investment pools. Its products include back-office products, such as custody, accounting, investor services and others. Its Investment Management line of business, through State Street Global Advisors, provides a range of investment management strategies and products for its clients. It offers a breadth of services and solutions, including ESG investing, defined contribution products, Global Fiduciary Solutions, and others.

NYSE:STT - Post by User

State Street Corp > awesome cash flow in Q4

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Post by rationalexuberanceon Feb 26, 2014 3:05pm

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awesome cash flow in Q4

$1.8 million cash flow from ops; that explains how the cash balance went from $2.8million last quarter to $4.3mil this quarter

when and if the convertible debentures get exercised, STT could be poised to make acquisitions; another bonus is the saving of $429,000 in interest payments; this works out to be about .004/share in additional earnings (assuming 30% tax)

anybody else following this stock?

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