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Stock Market & Financial Investment News

News Breaks
May 22, 2014
11:32 EDTBKBNY Mellon set to sell stake in China JV, WSJ says
BNY Mellon is selling its stake in its joint venture fund management company in China, says the Wall Street Journal. The bank submitted a plan to China's securities regulator sell its 49% stake in BNY Mellon Western Fund Management Co., added the Wall Street Journal, citing a person familiar with the matter. Reference Link
News For BK From The Last 14 Days
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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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