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Stock Market & Financial Investment News

News Breaks
April 10, 2014
09:09 EDTBK, PEPBNY Mellon appoints Monique Herena as Chief Human Resources Officer
BNY Mellon (BK) has appointed Monique Herena senior executive VP and chief human resources officer for the company, effective April 28. Herena will report to CEO Gerald L. Hassell and serve on the Executive Committee, succeeding Lisa Peters, who is retiring after 32 years with the company. Herena joins BNY Mellon from PepsiCo (PEP) where she had an equivalent position.
News For BK;PEP From The Last 14 Days
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March 2, 2015
11:00 EDTPEPPepsiCo to close Russian juice plant in Ramenskoye, Reuters reports
PepsiCo plans to close its juice plant outside Moscow due to falling demand, reports Reuters. PepsiCo will close the the plant in Ramenskoye which employs 400 staff and has more than 10 production lines. Reference Link
February 27, 2015
11:47 EDTPEPMonster Beverage rallies to 52-week high after Q4 results top estimates
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February 24, 2015
17:47 EDTBKBNY Mellon said to be in FX settlement talks with U.S. DOJ, NY AG, Reuters says
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17:27 EDTBKBNY Mellon said to be in FX settlement talks with U.S. DOJ, NY AG, Reuters says
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February 23, 2015
12:37 EDTPEPSodaStream not a likely target of PepsiCo, NY Times says
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February 17, 2015
17:29 EDTBKBerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
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16:11 EDTBKBNY Mellon adjusts Q4 EPS to 18c after $598M litigation charge
Bank of New York Mellon announced that it is adjusting its financial results for Q4 to include an additional after-tax litigation expense of $598M in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. As a result, BNY Mellon expects that there will be a significant decline in the aggregate range of reasonably possible losses for legal proceedings for the quarter ended Dec. 31, 2014. BNY Mellon is adjusting its Q4 results to net income of $209M, or 18c per share, in recognition of the 40c per common share charge primarily from the subsequent litigation provision offset by the previously disclosed tax benefit, net of litigation and restructuring charges. Q4 revenue was $3.7B, an increase of 2%, or a decline of 3% as adjusted.
07:15 EDTPEPConsumer Analyst Group of New York (CAGNY) to hold a conference
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