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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:17 EDTBKBNY Mellon downgraded to Sell from Neutral at Goldman
Goldman sees downside to BNY Mellon estimates due to valuation, overexposure to fixed income, headwinds from accretion roll-off, and shrinkage in excess deposits, among other reasons. Price target is $22.
News For BK From The Last 14 Days
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April 20, 2015
08:05 EDTBKBNY Mellon appoints Paulette Mulling Bradnock as Chief Auditor
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April 15, 2015
06:29 EDTBKFCA fines BNY Mellon London and BNY Mellon International GBP 126M
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April 14, 2015
13:43 EDTBKBNY Mellon expects up to $3.1B in 2015 stock repurchases
The company expects to repurchase up to $3.1B of common stock in 2015 and maintain a "strong" dividend payout ratio. Company is targeting 3.5%-4.5% revenue growth from 2015 through 2017. Targeting 7%-9% EPS growth from 2015 through 2017. Information given in slide presentation during 2015 annual meeting.
April 7, 2015
14:07 EDTBKMarcato believes BNY Mellon 'falling far short of its potential'
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