State Street: A Follow-Up Recommendation - trackseekingalpha

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State Street: A Follow-Up Recommendation
Aug 11, 2009 04:05 PM UTC

trackseekingalpha

Return	Risk
-13.40%	HIGH

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Symbol	Sentiment	Start	Return	Closed
STT	n/a

Via Long Investment Ideas from Seeking Alpha:

State Street [NYSE:STT] August 11, 2009: $51.10

52-week-range: $14.43 (Jan. 20, 2009) - $74.04 (Aug. 11, 2008)
Dividend = $0.01 quarterly = 0.08% current yield

State Street (STT)* is one of the largest trust banks worldwide, combining banking, asset servicing, and asset-management operations. The company also offers services such as foreign exchange, cash management, credit, and electronic trading to help customers negotiate complex global financial markets efficiently. State Street Global Advisors, its asset management arm, is the world's largest institutional money manager and a leading provider of ETFs.

-Company profile from Morningstar

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