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Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:09 EDTBKBNY Mellon says targeting $650M-$700M in pre-tax savings for 2015
Sees sees calendar year 2012 savings $240M-$260M, FY13 savings $400M-$430M, 2014 savings $535M-$575M. Says priorities include delivering consistent EPS growth and returning capital to shareholders. Says challenging operating environment persists, cites "lower for longer" macro environment, eurozone and U.S. fiscal cliff concerns. Comments from slides that will be presented at the Goldman Sachs Financial Services Conference.
News For BK From The Last 14 Days
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May 21, 2015
16:53 EDTBKBNY Mellon sees Q2 pre-tax charge of $50M from FX settlement
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May 15, 2015
17:07 EDTBKTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).
16:32 EDTBKBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
May 13, 2015
07:29 EDTBKUBS to hold a conference
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