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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 22, 2013
06:01 EDTBKBNY Mellon plans to increase Wealth Management sales force by 50%
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May 15, 2013
16:55 EDTBKBerkshire Hathaway gives quarterly update on stakes
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May 13, 2013
06:12 EDTBKBNY Mellon appeals ruling on Chesapeake’s early $1.3B bond call, Bloomberg says
Bank of New York Mellon (BK) is appealing a ruling allowing Chesapeake Energy (CHK) to proceed today with redeeming $1.3B in bonds six years early at 100 cents on the dollar, reports Bloomberg. A notice of the appeal was filed May 11 in federal court in Manhattan.Reference Link

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