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Stock Market & Financial Investment News

News Breaks
February 4, 2013
07:34 EDTAGO, BKAssured Guaranty makes statement regarding payments for sewer revenue warrants
On Friday, February 1, The Bank of New York Mellon (BK), as trustee for the Jefferson County, Alabama, sewer revenue warrants, notified Assured Guaranty Municipal Corp. (AGO) that it was suspending, until further notice, distributions to warrant holders of funds that secure and are the source of payment of the sewer warrants’ debt service. The suspended distributions include both net system revenues and draws on insurance policies, including certain AGM insurance policies. AGM disagrees with the trustee’s decision to suspend distributions and will take all steps necessary to ensure that each holder of an AGM-insured sewer warrant will receive scheduled debt service payments in full and in a timely manner. In that regard, AGM has paid all amounts due for payment on February 1 on the AGM-insured sewer warrants under its bond insurance policy to the Depository Trust Company and expects that DTC will credit such amounts to holders' accounts on Monday, February 4.
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July 18, 2014
06:36 EDTBKBNY Mellon reports Q2 EPS ex-items 62c, consensus 56c
Reports Q2 revenue $3.75B, consensus $3.77B. Reports Q2 book value per share $32.49. Reports Q2 Basel I CET1 ratio 13.2%. Reports Q2 Basel III CET1 ratio 10.4%. Reports Q2 asset servicing revenue up 3%, year-over-year. Reports Q2 AUC/A up 9% to $28.5T.
July 17, 2014
15:26 EDTBKNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 39c; Honeywell (HON), consensus $1.36; Bank of New York Mellon (BK), consensus 56c; Johnson Controls (JCI), consensus 83c; V.F. Corporation (VFC), consensus 35c; Kansas City Southern (KSU), consensus $1.17; Autoliv (ALV), consensus $1.55.
July 16, 2014
15:54 EDTBKPeltz says 'not satisfied' with performance at Family Dollar
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July 11, 2014
18:42 EDTBKBNY Mellon looks to hold Argentina bond payment, Bloomberg reports
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07:30 EDTAGOGlobal Interdependence Center to hold a summit
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