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Hot Stocks
Citi spinning off investor communication platform Proxymity » 07:16
05/05/20
05/05
07:16
05/05/20
07:16
C

Citi

$45.12 /

-0.42 (-0.92%)

, DB

Deutsche Bank

$7.06 /

-0.1 (-1.40%)

, BK

BNY Mellon

$35.56 /

-0.44 (-1.22%)

, HSBC

HSBC

$24.74 /

-0.54 (-2.14%)

, JPM

JPMorgan

$92.17 /

-1.13 (-1.21%)

, STT

State Street

$58.35 /

-0.74 (-1.25%)

Proxymity, the digital…

Proxymity, the digital investor communications platform developed within Citi's (C) Institutional Clients Group, announced that it has raised $20.5M in a strategic round of investment and will form its own entity via a global, industry-led consortium. "The consortium brings together the leading global and direct custodians and the leading issuer agents ensuring unparalleled, instant access to the world's leading investors and companies," Proxymity said in a statement. BNY Mellon (BK), Citi, Clearstream, Computershare, Deutsche Bank (DB), HSBC (HSBC), J.P. Morgan (JPM), and State Street (STT) comprise the newly formed Proxymity consortium. The Proxymity team will be based in London. Co-founders Dean Little and Jonathan Smalley, who have over 30 years of combined industry experience in custody product development, have been appointed CEO and COO, respectively. With this new capital and support from the consortium, Proxymity will scale and grow rapidly across the globe. Its immediate focus will be the EU markets ahead of the forthcoming SRDII implementation. Given regulatory changes and new challenges presented to companies because of the COVID-19 crisis, Proxymity's ability to connect stakeholders directly and digitally in real-time will help issuers, intermediaries, and investors who are looking for a seamless solution to achieve compliance. Proxymity will also work globally to help companies effectively and efficiently provide a solution to their shareholder identification process.

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C Citi
$45.12 /

-0.42 (-0.92%)

04/20/20 Argus
Citi upgraded to Buy at Argus on valuation
04/20/20 Argus
Citi upgraded to Buy from Hold at Argus
04/16/20 BMO Capital
Citi price target lowered to $67 from $71 at BMO Capital
04/16/20 Oppenheimer
Citi price target lowered to $87 from $93 at Oppenheimer
DB Deutsche Bank
$7.06 /

-0.1 (-1.40%)

05/04/20 RBC Capital
Deutsche Bank price target raised to EUR 6 from EUR 5 at RBC Capital
04/30/20 JPMorgan
Deutsche Bank price target raised to EUR 6.30 from EUR 6.00 at JPMorgan
04/14/20 Societe Generale
Societe Generale double upgrades five global I-banks ahead of 'next bull run'
04/09/20 Credit Suisse
Deutsche Bank price target lowered to EUR 5 from EUR 6 at Credit Suisse
BK BNY Mellon
$35.56 /

-0.44 (-1.22%)

04/09/20 JPMorgan
BNY Mellon upgraded to Neutral with $41.50 price target at JPMorgan
04/09/20 JPMorgan
BNY Mellon upgraded to Neutral from Underweight at JPMorgan
04/07/20 Evercore ISI
BNY Mellon upgraded to In Line from Underperform at Evercore ISI
04/05/20 UBS
UBS downgrades Northern Trust to Sell on downside earnings risk
HSBC HSBC
$24.74 /

-0.54 (-2.14%)

04/29/20 UBS
HSBC price target lowered to 405 GBp from 450 GBp at UBS
04/09/20 Credit Suisse
HSBC downgraded to Neutral at Credit Suisse on premium valuation
04/09/20 Credit Suisse
HSBC downgraded to Neutral from Outperform at Credit Suisse
04/01/20 Keefe Bruyette
HSBC downgraded to Underperform from Outperform at Keefe Bruyette
JPM JPMorgan
$92.17 /

-1.13 (-1.21%)

04/15/20 DA Davidson
JPMorgan price target raised to $97 from $91 at DA Davidson
04/15/20 BMO Capital
JPMorgan price target lowered to $101 from $117 at BMO Capital
04/15/20 Odeon Capital
JPMorgan downgraded to Hold from Buy at Odeon Capital
STT State Street
$58.35 /

-0.74 (-1.25%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Over a month ago
Hot Stocks
State Street announces alliance with Virtus from FIS » 09:32
04/20/20
04/20
09:32
04/20/20
09:32
STT

State Street

$58.46 /

+0.02 (+0.03%)

, FIS

FIS

$127.95 /

+4.9 (+3.98%)

State Street Corporation…

State Street Corporation (STT) announced it has entered into an alliance with Virtus from FIS (FIS) to provide Collateralized Loan Obligation and Collateralized Debt Obligation technology management solutions to clients in the United States and Europe. Through this alliance, State Street will leverage Virtus' Business Process-as-a-Service solution to provide services jointly to CLO and CDO clients. Virtus will provide collateral administration services and State Street will provide trustee services, registrar services, transfer agent services, paying agent services, bank account services and custodian services. "We are delighted to partner with Virtus on this exciting new opportunity that we think will deliver enhanced solutions and outcomes for our clients", said Jen Tribush at State Street. "Virtus from FIS is a leading end-to-end technology and solutions provider which, when combined with our experience and established track-record providing services throughout the front, middle and back office, creates a compelling value proposition for clients in this space."

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STT State Street
$58.46 /

+0.02 (+0.03%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
FIS FIS
$127.95 /

+4.9 (+3.98%)

04/15/20 Oppenheimer
FIS price target lowered to $145 from $175 at Oppenheimer
04/14/20 Wedbush
FIS price target lowered to $150 from $170 at Wedbush
04/14/20 Raymond James
FIS price target lowered to $148 from $152 at Raymond James
04/14/20 UBS
FIS upgraded to Buy from Neutral at UBS
Hot Stocks
State Street sees Q2 NII down 11% vs. Q1 excluding items » 10:51
04/17/20
04/17
10:51
04/17/20
10:51
STT

State Street

$58.78 /

+0.34 (+0.58%)

State Street expects NII…

State Street expects NII to stabilize by Q4.

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STT State Street
$58.78 /

+0.34 (+0.58%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Hot Stocks
State Street sees 2020 management fees down 3%-5% » 10:42
04/17/20
04/17
10:42
04/17/20
10:42
STT

State Street

$59.32 /

+0.875 (+1.50%)

Sees 2020 servicing fees…

Sees 2020 servicing fees down 1%-3%.

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STT State Street
$59.32 /

+0.875 (+1.50%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Hot Stocks
State Street: Macroeconomic environment remains 'uncertain' » 10:06
04/17/20
04/17
10:06
04/17/20
10:06
STT

State Street

$61.09 /

+2.65 (+4.53%)

Comments taken from Q1…

Comments taken from Q1 earnings conference call.

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STT State Street
$61.09 /

+2.65 (+4.53%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Hot Stocks
State Street: Roughly 90% of employees working from home  09:51
04/17/20
04/17
09:51
04/17/20
09:51
STT

State Street

$59.98 /

+1.54 (+2.64%)

 
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STT State Street
$59.98 /

+1.54 (+2.64%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Hot Stocks
State Street sees medium-term revenue growth 4%-5% with CRD » 09:50
04/17/20
04/17
09:50
04/17/20
09:50
STT

State Street

$59.98 /

+1.54 (+2.64%)

Sees medium-term pre-tax…

Sees medium-term pre-tax margin improving by an additional 2% points. Sees medium-term EPS growth 10%-15%, with ROE of 12%-15%.

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STT State Street
$59.98 /

+1.54 (+2.64%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Hot Stocks
State Street 'confident' in achieving revenue, expense synergy targets » 09:50
04/17/20
04/17
09:50
04/17/20
09:50
STT

State Street

$59.40 /

+0.96 (+1.64%)

Comments taken from Q1…

Comments taken from Q1 earnings conference call presentation slides.

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STT State Street
$59.40 /

+0.96 (+1.64%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
Earnings
State Street reports Q1 EPS $1.62, consensus $1.35 » 09:40
04/17/20
04/17
09:40
04/17/20
09:40
STT

State Street

$58.44 /

+ (+0.00%)

Reports Q1 revenue…

Reports Q1 revenue $3.07B, consensus $2.9B. Reports Q1 CET1 capital ratio 10.7%. Reports Q1 AUM $2.69T. Reports Q1 average deposits up 16% to $180B. Ron O'Hanley, Chairman and CEO said, "The COVID-19 pandemic is an unprecedented challenge for the global economy. I am immensely proud of our employees for their outstanding performance on behalf of our clients while working under trying conditions. State Street operated effectively and responded quickly to help stabilize the financial markets and support our employees, clients and communities. Our operational resilience, experience, and business continuity plans, as well as our strong balance sheet and associated capital and liquidity positions, helped prepare us for these extraordinary times and have positioned us to confidently navigate volatile market conditions, serve our clients, and efficiently execute against our strategy." O'Hanley added: "While our first quarter results were somewhat impacted by the COVID-19 pandemic, our overall strong year-over-year performance reflects the strength, diversity and durability of our business model. Compared to 4Q19, market valuations and client flows impacted servicing and management fees, offset by significant client activity, with heightened volatility levels driving strong fee revenue growth in our foreign exchange trading services business. Similarly, while lower rates were a headwind for net interest income during the quarter, we also saw significant deposit inflows and greater client usage of our strong balance sheet. Our costs remain contained, with expenses down 2% year-over-year. Although the near-term outlook for financial markets is uncertain and we must be cautious about the pace and timing of the economic recovery, State Street's commitment and ability to be an essential partner to its clients in these challenging days is unwavering and creates a strong foundation for future growth."

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STT State Street
$58.44 /

+ (+0.00%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
On The Fly
Fly Intel: Pre-market Movers » 09:01
04/17/20
04/17
09:01
04/17/20
09:01
PG

Procter & Gamble

$121.56 /

+0.35 (+0.29%)

, BA

Boeing

$134.12 /

-11.78 (-8.07%)

, MRNA

Moderna

$40.63 /

+3.39 (+9.10%)

, GILD

Gilead

$76.55 /

+1.95 (+2.61%)

, AMC

AMC Entertainment

$2.44 /

+0.03 (+1.24%)

, SLB

Schlumberger

$14.08 /

-0.65 (-4.41%)

, STT

State Street

$58.44 /

+1.38 (+2.42%)

, KSU

Kansas City Southern

$135.23 /

+1 (+0.74%)

, RF

Regions Financial

$8.87 /

-0.43 (-4.62%)

, CFG

Citizens Financial

$17.23 /

-1.36 (-7.32%)

, CHWY

Chewy

$44.93 /

+0.94 (+2.14%)

, CUTR

Cutera

$13.48 /

-0.13 (-0.96%)

Check out this morning's…

Open Full Text

ShowHide Related Items >><<
PG Procter & Gamble
$121.56 /

+0.35 (+0.29%)

04/01/20 BofA
Apple, Netflix among BofA's Top 10 U.S. ideas for Q2
03/30/20
Fly Intel: Top five analyst upgrades
03/30/20 Jefferies
Procter & Gamble upgraded to Buy from Hold at Jefferies
03/26/20 Stifel
Procter & Gamble upgraded to Buy from Hold at Stifel
BA Boeing
$134.12 /

-11.78 (-8.07%)

04/13/20 BofA
BofA downgrades Spirit AeroSystems to Underperform, slashes price target to $25
04/09/20 Goldman Sachs
Embraer upgraded to Neutral from Sell at Goldman Sachs
04/07/20 Wells Fargo
Hexcel price target lowered to $38 from $85 at Wells Fargo
04/07/20 Berenberg
Boeing price target lowered to $150 from $350 at Berenberg
MRNA Moderna
$40.63 /

+3.39 (+9.10%)

04/15/20 Roth Capital
Moderna price target raised to $41 from $33 at Roth Capital
04/15/20 Roth Capital
Moderna price target raised to $41 from $33 at Roth Capital
04/15/20 Oppenheimer
Moderna price target raised to $43 from $31 at Oppenheimer
04/14/20 JPMorgan
Near-term focus to remain on Moderna's COVID-19 vaccine updates, says JPMorgan
GILD Gilead
$76.55 /

+1.95 (+2.61%)

04/17/20 Baird
Gilead exuberance shows lack of critical analysis, says Baird
04/17/20 Barclays
Barclays keeps Underweight rating on Gilead after 'encouraging' data
04/17/20 RBC Capital
Gilead's remdesivir anecdotal data has major limitations, says RBC Capital
04/17/20 Citi
Gilead COVID-19 data offers 'ray of hope,' says Citi
AMC AMC Entertainment
$2.44 /

+0.03 (+1.24%)

04/17/20 B. Riley FBR
White House guidelines give some clarity to film exhibitors, says B. Riley FBR
04/15/20
Fly Intel: Top five analyst downgrades
04/15/20 Imperial Capital
AMC Entertainment downgraded to In-Line from Outperform at Imperial Capital
04/13/20 B. Riley FBR
AMC Entertainment downgraded to Sell from Neutral at B. Riley FBR
SLB Schlumberger
$14.08 /

-0.65 (-4.41%)

04/13/20
Fly Intel: Top five analyst downgrades
04/13/20 Wells Fargo
Wells downgrades Halliburton, Schlumberger heading into earnings
04/13/20 Scotiabank
Schlumberger downgraded to Sector Perform from Outperform at Scotiabank
04/13/20 Wells Fargo
Schlumberger downgraded to Equal Weight from Overweight at Wells Fargo
STT State Street
$58.44 /

+1.38 (+2.42%)

04/01/20 Keefe Bruyette
Keefe Bruyette upgrades JPMorgan, downgrades Citi into expected recession
04/01/20 Keefe Bruyette
State Street downgraded to Market Perform from Outperform at Keefe Bruyette
03/20/20 Citi
State Street added to Focus List at Citi
03/05/20
Fly Intel: Top five analyst downgrades
KSU Kansas City Southern
$135.23 /

+1 (+0.74%)

04/15/20 Wells Fargo
Kansas City Southern price target lowered to $173 from $193 at Wells Fargo
04/09/20 JPMorgan
JPMorgan downgrades Kansas City Southern to Underweight on Mexico COVID risk
04/09/20 JPMorgan
Kansas City Southern downgraded to Underweight from Neutral at JPMorgan
04/06/20 Stifel
Kansas City Southern resumed with a Buy at Stifel
RF Regions Financial
$8.87 /

-0.43 (-4.62%)

04/14/20 Compass Point
Regions Financial initiated with a Neutral at Compass Point
03/19/20 Goldman Sachs
Regions Financial upgraded to Conviction Buy from Buy at Goldman Sachs
03/17/20 Wedbush
Regions Financial added to Best List Ideas at Wedbush
03/09/20 Raymond James
Regions Financial double downgraded at Raymond James as oil prices sink
CFG Citizens Financial
$17.23 /

-1.36 (-7.32%)

04/14/20 Compass Point
Citizens Financial initiated with a Neutral at Compass Point
01/06/20 Barclays
Citizens Financial upgraded to Overweight from Equal Weight at Barclays
12/16/19 Citi
Citizens Financial upgraded to Neutral from Sell at Citi
10/08/19 Citi
Citizens Financial downgraded to Sell from Neutral at Citi
CHWY Chewy
$44.93 /

+0.94 (+2.14%)

04/17/20 Morgan Stanley
Chewy downgraded to Equal Weight following outperformance at Morgan Stanley
04/17/20 Credit Suisse
Chewy price target raised to $46 from $37 at Credit Suisse
04/16/20 Morgan Stanley
Chewy downgraded to Equal Weight from Overweight at Morgan Stanley
04/03/20 Nomura Instinet
Chewy price target raised to $40 from $36 at Nomura Instinet
CUTR Cutera
$13.48 /

-0.13 (-0.96%)

01/21/20 Stephens
Cutera seeing turnover in sales team, says Stephens
11/08/19 Stephens
Cutera price target raised to $45 from $35 at Stephens
08/22/19 Sidoti
Cutera downgraded to Neutral from Buy at Sidoti
  • 17
    Apr

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