Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

State Street Corp V.STT


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

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

Post by rationalexuberanceon May 29, 2014 9:29am
200 Views
Post# 22609218

solid quarter, positive guidance

solid quarter, positive guidanceafter last quarter's md+a, i wasn't expecting too much for this quarter, maybe even a loss; so pleased they made over a penny per share

the company seems really upbeat about its future prospects; glad to read they're considering making an acquisition

from this quarter's md+a:
Operationally, we had a number of exciting developments during and after the end of the quarter, including: 
 
1. A study conducted at an Ontario mine site by the Solutions group resulted in a number of 
recommendations made to the customer that show the potential to reduce the customer’s lime 
consumption by up to 40%, potentially saving them $350,000 annually and reducing their carbon 
footprint by 2,600 tonnes per year. This work continues to solidify us as the experts in this field. 
2. The Solutions group showed solid organic growth, delivering a record quarter of order intake for this 
part of our business. 
3. On April 1st management began an investor relations campaign to reintroduce STT Enviro Corp. to 
the market. 
4. The Company is actively reviewing potential M&A opportunities to continue to grow the business. 
 
Overall, we are pleased with how we are managing to navigate this current quiet period in systems sales with 
increasing sales in our Tanks and Solutions business.
<< Previous
Bullboard Posts
Next >>