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Stock Market & Financial Investment News

News Breaks
February 24, 2014
08:18 EDTBKBNY Mellon to acquire full ownership of HedgeMark International
BNY Mellon announced that it has signed an agreement to acquire the remaining 65% interest of HedgeMark International, a current affiliate and a provider of hedge fund managed account and risk analytic services. The deal is expected to close in the second quarter, subject to regulatory approval. Financial terms of the transaction were not disclosed. BNY Mellon has held a 35% ownership stake in HedgeMark since 2011.
News For BK From The Last 14 Days
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February 10, 2016
07:12 EDTBKBNY Mellon files automatic mixed securities shelf
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February 9, 2016
16:03 EDTBKPershing names Lori Hardwick as COO
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07:31 EDTBKBNY Mellon volatility elevated
BNY Mellon February weekly call option implied volatility is at 50, February is at 41, March is at 36; compared to its 52-week range of 14 to 38, suggesting large near term price movement.

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