Big Three Money Managers Cut Support of Environmental Proposals [BNN Bloomberg (Canada)]
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
Check Earnings Report
US:NYSE Investor Relations:
investors.statestreet.com
Company Research
Source: BNN Bloomberg
State Street Corp.'s investing unit said it supported 6% of environmental shareholder proposals in the first half of the year and 7% of social ones, less than what it did in the same year-ago period. Vanguard Group said last month that it didn't back any of those resolutions, while BlackRock Inc. said it voted for 4% of the proposals in the 12 months ending June, down from 7% a year earlier. Together, the three money managers have immense influence during proxy season because they collectively own about 20% of the shares of all companies in the S&P 500, mainly through their enormous index-tracking funds. The drop in support is a stark turnaround from 2021, when they voted in favor of a record number of proposals that focused on topics such as climate change, workforce diversity and human rights. The so-called Big Three are taking a more circumspect view of such shareholder proposals, said Lindsey Stewart, director of stewardship research and policy at Morningstar Sustainalytics.
Show less
Read more
Impact Snapshot
Event Time:
STT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STT alerts
High impacting State Street Corporation news events
Weekly update
A roundup of the hottest topics
STT
News
- Big Three Money Managers Cut Support for Climate Proposals [Yahoo! Finance Canada]Yahoo! Finance Canada
- Big Three Money Managers Cut Support of Environmental Proposals [Yahoo! Finance]Yahoo! Finance
- Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks [Yahoo! Finance]Yahoo! Finance
- Scotiabank Announces President, Quebec Jean-François Courville to join the Bank on November 12 [Yahoo! Finance]Yahoo! Finance
- State Street Announces Additional Round of Deposit Placements through Minority Depository Institutions and Community Development Financial InstitutionsBusiness Wire
STT
Earnings
- 7/16/24 - Beat
STT
Sec Filings
- 8/26/24 - Form 4
- 8/23/24 - Form 144
- 8/20/24 - Form 8-K
- STT's page on the SEC website