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State Street Sees Room for Further Growth in 2008.(Company overview)
State Street Corp.'s top executive said that the Boston company plans to focus on adding customers, developing business and products through its investment management arm, and expanding internationally, and that he remains cautiously optimistic for growth the rest of this year.
"To continue to deliver positive operating leverage, we think that consistent performance carries the day," Ron Logue, State Street's chairman and CEO, said in an interview April 15 after his company reported first-quarter earnings. "We think that we have to think and act conservatively rather than just hoping optimistically."
Despite market conditions, State Street expects to hit the middle of its projected range of 10% to 15% for earnings growth this year, Logue said. He also expects revenue to grow 14% to 17%.
During the …
- UPDATE 3-State Street to buy Investors Financial in $4.5 bln stock swap.
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...that 18% of Investors Financial Services...client; State Street rival Barclays...that the State Street-Investors Financial transaction...Adding Investors Financial to its fold will dilute State Street's operating...
- UPDATE 4-State Street to buy Investors Financial in $4.5 bln stock swap.
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...that 18% of Investors Financial Services...client; State Street rival Barclays...that the State Street-Investors Financial transaction...Adding Investors Financial to its fold will dilute State Street's operating...
- UPDATE 2-State Street to buy Investors Financial in $4.5 bln stock swap.
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...MarketWatch) -- State Street Corp. plans...Boston-based Investors Financial Services...that the State Street-Investors Financial deal "establishes...Adding Investors Financial to its fold will dilute State Street's operating...
- UPDATE 1-State Street to buy Investors Financial in $4.5 bln stock swap.
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...MarketWatch) -- State Street Corp. plans...Boston-based Investors Financial Services...that the State Street-Investors Financial deal "establishes...Adding Investors Financial to its fold will dilute State Street's operating...
- State Street to Acquire Investors Financial Services Corporation.
- Press release article from: Business Wire February 5, 2007 700+ words
...shares of State Street common stock...share of Investors Financial Services...2007. "Investors Financial Services Corporation and State Street already share...servicing." "State Street and Investors Financial Services...
- State Street Completes Acquisition of Investors Financial Services Corp.
- Press release article from: Business Wire July 2, 2007 700+ words
...February 5, 2007, Investors Financial Services Corp...906 shares of State Street common stock for each share of Investors Financial Services' common...officer said, "State Street and Investors Financial have invested resources...
- State Street to acquire Investors Financial Services for $4.2 billion.
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...MARK JEWELL State Street Corp. said...will buy Investors Financial Services...Logue said State Street and Investors Financial will be relatively...market. Investors Financial Services...shares of State Street common stock...
- Fitch Affirms State Street; Places Investors Financial Services on Watch...
- Press release article from: Business Wire February 5, 2007 700+ words
...Street Capital I State Street Institutional...Positive: Investors Financial Services Corporation...affirmed: State Street Corporation...Support '5'. State Street Bank and Trust...Support '2'. Investors Financial Services Corporation...
- State Street's Purchase of IFS Will Make It Number Two in Custody.(Investors...
- Magazine article from: Securities Industry News Kentouris, Chris February 12, 2007 700+ words
...it will acquire Investors Financial Services Corp...5 billion, State Street Corp. of Boston...the market--State Street, BNY and JP Morgan...matters, and State Street and Investors Financial have shown exceptional...
- State Street to buy Investors Financial in $4.5 bln stock swap.
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...MarketWatch) -- State Street Corp. on...based firm Investors Financial Services...Shareholders of Investors Financial Services...share of State Street stock for...Adding Investors Financial to its fold will dilute State Street's operating...
Source: HighBeam Research, State Street Sees Room for Further Growth in 2008.(Company overview)
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