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Stock Market & Financial Investment News

News Breaks
February 11, 2013
19:29 EDTBKBNY Mellon will appeal U.S. Tax Court ruling
BNY Mellon issued the following statement in response to a ruling published by the U.S. Tax Court regarding the IRS's disallowance of certain foreign tax credits claimed for the 2001 and 2002 tax years: "We will appeal the court's decision. We continue to believe the tax treatment of the transaction was consistent with statutory and judicial authority existing at the time. As a result of the ruling, BNY Mellon expects to take an after-tax charge of approximately $850M during the first quarter of 2013. After taking the charge, the company expects it will continue to be well capitalized and its Basel III Tier 1 common equity ratio will be impacted by approximately 55 basis points. At December 31, 2012, our Basel III Tier 1 common equity ratio was 9.8%."
News For BK From The Last 14 Days
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November 19, 2014
07:37 EDTBKCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 14, 2014
16:39 EDTBKBerkshire Hathaway gives quarterly update on stakes
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November 13, 2014
17:00 EDTBKTrian Fund Management gives quarterly update on stakes
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12:11 EDTBKMarcato seeks 'shareholder-friendly changes' at BNY Mellon, Bloomberg says
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12:10 EDTBKMarcato Capital reports 17.77M share stake in BNY Mellon
07:38 EDTBKBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
November 10, 2014
07:08 EDTBKCredit Suisse to hold a conference
2014 Boston Financials 1:1 Conference to be held in Boston on November 10-11.

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