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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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July 23, 2014
14:35 EDTBKBNY Mellon price target raised to $45 from $40 at Argus
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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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