Bank of New York Mellon Corp (BK) 39.20 $BK
Tracking Tweedy Browne's Portfolio - Q4 2014 Update
John Vincent - at Seeking Alpha - 52 mins ago
KOF: 84.71 (+0.59), DNOW: 25.64 (+0.70), CNQ: 31.63 (+0.45), WMT: 85.81 (-0.08), GOOG: 549.01 (+6.08), DEO: 113.89 (-1.40), BSBR: 5.07 (+0.19), NOV: 53.36 (+0.80), FII: 35.09 (+0.20), CSCO: 29.43 (-0.03), MA: 87.14 (-0.38), PSX: 76.62 (+1.51), TMK: 54.05 (+0.35), UN: 42.28 (-0.30), HAL: 44.19 (+1.42), AGCO: 49.78 (+0.97), COP: 69.88 (+1.84), WFC: 55.33 (+0.47), GSK: 47.94 (+1.99), UL: 43.03 (-0.17), CTWS: 37.37 (-0.03), NWLI: 245.15 (+0.45), RDS.A: 66.32 (+0.97), ANAT: 104.90 (-0.10), BRK.B: 148.34 (-1.45), BRK.A: 222,555.00 (-1,905.00), NVS: 102.20 (-0.17), MMM: 165.94 (+0.03), LMT: 196.95 (-0.53), UNF: 121.82 (-0.50), XOM: 93.37 (+1.00), SHEN: 30.36 (+0.37), JNJ: 99.62 (+1.18), GOOGL: 551.16 (+5.15), BK: 39.20 (-0.21), UNP: 122.60 (-1.23), JOY: 44.14 (+0.35), DVN: 66.47 (+0.69), AXP: 78.08 (-2.40), EMR: 58.68 (+0.08), HSBC: 46.13 (-0.01), ITW: 98.26 (+0.48), PM: 82.87 (-0.82), BRO: 33.01 (+0.20), TOT: 54.14 (-0.36), USB: 45.07 (-0.05), BAX: 70.39 (+0.31), CMCSA: 59.47 (+1.09), VZ: 49.31 (-0.21)
Dividend Challengers (And Near-Challengers): 67 Increases Expected By April 30
David Fish - at Seeking Alpha - Fri Feb 13, 7:16PM CST
KSS: 68.25 (-0.58), CNS: 41.45 (-0.70), PDCO: 50.65 (-0.16), NSU: 3.73 (+0.13), LYB: 89.99 (+0.19), MYE: 17.61 (+0.01), SCS: 18.43 (+0.07), PNC: 92.38 (+0.82), INDB: 40.25 (+0.03), MOV: 25.26 (-0.17), TMK: 54.05 (+0.35), ROIC: 17.27 (-0.08), TYC: 43.19 (+0.27), SYA: 22.86 (-0.14), SPTN: 25.99 (+0.14), ETN: 72.55 (+0.90), HMN: 31.40 (-0.11), ATLO: 24.93 (-0.06), SIG: 120.19 (+0.36), STWD: 24.24 (-0.10), IEX: 77.14 (+0.77), MJN: 101.89 (+2.32), BGS: 29.60 (-0.44), FCZA: 10.75 (+0.30), STJ: 67.48 (+0.65), MGA: 102.32 (-0.46), IEP: 100.21 (+0.28), MELI: 129.99 (-1.95), NRF: 18.65 (+0.12), OXM: 53.69 (-0.93), SNI: 73.00 (+0.39), LMAT: 7.66 (+0.08), PLOW: 21.90 (+0.32), FL: 53.96 (-0.13), EMCF: 24.03 (-0.87), BK: 39.20 (-0.21), HRC: 46.88 (+0.14), TXRH: 34.59 (+0.07), HD: 111.89 (-0.27), KW: 27.50 (+0.25), HSBC: 46.13 (-0.01), FMC: 63.68 (+0.44), LEA: 108.70 (-0.73), FFG: 58.39 (+0.25), RS: 55.14 (+1.36), HPY: 49.42 (-5.71), JWN: 79.41 (+0.04), FLS: 59.31 (+1.00), MTN: 85.85 (-0.82), ENH: 64.63 (+0.15), MLR: 21.11 (-0.08), CMCSA: 59.47 (+1.09), SSW: 18.50 (+0.45)
Write A Value Statement That Resonates With Clients
at Investor's Business Daily - Fri Feb 13, 4:22PM CST
As part of their marketing, financial advisers often try to differentiate themselves. They use lofty language to describe their expertise, passion and commitment to clients. They usually write value statements to encapsulate what they do, why they do...
BK: 39.20 (-0.21)
Weak Fourth Quarter a Drag on 2014 Returns of U.S. Master Trust Universe, says BNY Mellon
PR Newswire - Fri Feb 13, 7:15AM CST
The median return of the BNY Mellon U.S. Master Trust Universe was 1.62% for the fourth quarter of 2014, resulting in year-to-date performance for the typical fund of +6.6%, well behind the +14.3% returned in 2013. Still, the average plan posted gains in three of four quarters last year.
BK: 39.20 (-0.21)
BNY Mellon Appointed as Depositary by Burberry Group plc
PR Newswire - Thu Feb 12, 7:15AM CST
BNY Mellon, a global leader in investment management and investment services, has been appointed by Burberry Group plc as the successor depositary bank for its American Depositary Receipt (ADR) program. Each ADR represents two ordinary shares and trades on the OTC market under the symbol "BURBY." Burberry's local shares trade on the London Stock Exchange under the code "BRBY."
BK: 39.20 (-0.21)
Lockwood Whitepaper Suggests Objectives-Based Investing May Help Investors Better Achieve Financial Goals and Enhance the Advisor-Investor Relationship
PR Newswire - Wed Feb 11, 1:00PM CST
Lockwood Advisors,1 an affiliate of Pershing LLC, announced today the release of its latest whitepaper highlighting the benefits of using objectives-based investing, which reflects an evolution in the traditional asset allocation method of portfolio construction. The paper states that an objectives-based approach may increase the likelihood of investors achieving their goals and may help foster more meaningful relationships between financial advisors and their clients.
BK: 39.20 (-0.21)
After Yesterday's Rally of 1.56% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Feb 10, 4:19PM CST
Bank of New York Mellon (NYSE:BK) traded in a range yesterday that spanned from a low of $38.62 to a high of $39.14. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $38.99 on volume of 6.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BK: 39.20 (-0.21)
Look for Shares of Bank of New York Mellon to Potentially Pullback after Yesterday's 1.56% Rise
Comtex SmarTrend(R) - Tue Feb 10, 4:18PM CST
Bank of New York Mellon (NYSE:BK) traded in a range yesterday that spanned from a low of $38.62 to a high of $39.14. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $38.99 on volume of 6.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BK: 39.20 (-0.21)
The Insider Buys Brief: The Bank Of New York Mellon Corporation
Best Minds Capital - at Seeking Alpha - Mon Feb 09, 12:34PM CST
BK: 39.20 (-0.21)
Own The Portfolio Of The One Percent
Matthew Waterman - at Seeking Alpha - Mon Feb 09, 6:56AM CST
KMI: 41.97 (+0.21), BUD: 121.72 (-0.80), WMT: 85.81 (-0.08), H: 59.51 (-0.14), SHLD: 35.70 (+2.32), NFLX: 466.10 (+9.37), JNJ: 99.62 (+1.18), RCL: 75.56 (-1.19), CPB: 46.88 (-0.84), DD: 76.18 (-0.11), BEN: 53.91 (+0.23), EL: 82.49 (+1.58), BK: 39.20 (-0.21), BF.B: 90.72 (-0.28), EPD: 34.44 (+0.19)
Notice Of Exercise Of Warrants To The Certificate Holders Of PPLUS Trust Certificates Series LTD-1 Class B Certificates (CUSIP No. 73941X544)*
PR Newswire - Fri Feb 06, 4:02PM CST
NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Warrant Agreement, dated as of April 7, 2006 (the "Agreement"
between PPLUS Trust Certificates Series LTD-1 Trust (the "Trust" , Merrill Lynch Depositor, Inc., as Depositor (the "Depositor" and The Bank of New York Mellon, as Warrant Agent (the "Warrant Agent" , pursuant to Section 2.02(a)(i) of the Agreement, the Warrant Agent has received a notice of exercise from the holder of the warrants to purchase the outstanding aggregate amount of the PPLUS Trust Certificates Series LTD-1 (the "Securities" .
BK: 39.20 (-0.21)
Notice Of Exercise Of Warrants To The Certificate Holders Of PPLUS Trust Certificates Series LTD-1 Class A Certificates (CUSIP No. 73941x551)*
PR Newswire - Fri Feb 06, 3:50PM CST
NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Warrant Agreement, dated as of April 7, 2006, (the "Agreement" between PPLUS Trust Certificates Series LTD-1 Trust (the "Trust" , Merrill Lynch Depositor, Inc., as Depositor (the "Depositor" and The Bank of New York Mellon, as Warrant Agent (the "Warrant Agent" , pursuant to Section 2.02(a)(i) of the Agreement, the Warrant Agent has received a notice of exercise from the holder of the warrants to purchase the outstanding aggregate amount of the PPLUS Trust Certificates Series LTD-1 (the "Securities" .
BK: 39.20 (-0.21)
Breaking Up Big Banks is Hard to do. But Not Impossible
at The Street - Fri Feb 06, 1:49PM CST
Small activist funds are talking to larger peers. A major regulatory action, perhaps a rejected "living will" might be the catalyst these insurgents need. We're looking at you, JPMorgan.
GS: 189.00 (-0.78), JPM: 59.67 (+0.10), C: 51.20 (+0.31), BAC: 16.61 (-0.06), BK: 39.20 (-0.21)
Bank Stock Roundup: Restructuring & Legal Issues Rule; JPMorgan & BofA in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 06, 1:30PM CST
With Q4 earnings season for banks almost coming to an end, business expansion and restructuring initiatives have started occupying headlines.
BBT: 38.28 (-0.04), JPM: 59.67 (+0.10), USB: 45.07 (-0.05), C: 51.20 (+0.31), MTB: 123.90 (+0.52), BAC: 16.61 (-0.06), BK: 39.20 (-0.21)
Rate hikes coming? Financials up big after jobs number
Seeking Alpha - at Seeking Alpha - Fri Feb 06, 8:50AM CST
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), RF: 9.52 (-0.02), PRU: 80.33 (+1.63), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KEY: 14.11 (-0.08), KRE: 40.34 (+0.14), JPM: 59.67 (+0.10), FNCL: 29.00 (unch), FXO: 23.57 (-0.02), SNV: 28.12 (-0.02), ETFC: 25.65 (-0.26), KIE: 67.42 (+0.13), PNC: 92.38 (+0.82), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09), ZION: 26.32 (+0.05), BK: 39.20 (-0.21), SCHW: 29.13 (-0.83), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), STT: 76.93 (-0.46), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), MET: 50.86 (+0.53), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), LNC: 58.44 (+0.38), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), NTRS: 70.08 (-0.51), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), KBWP: 43.40 (+0.01), STI: 41.57 (+0.01), IAT: 34.84 (+0.08), AIG: 53.96 (+1.51), PSCF: 41.46 (+0.05), AMTD: 35.84 (-0.22)
Global Growth Should Accelerate from Levels of Past Three Years, Says BNY Mellon's Richard Hoey
PR Newswire - Fri Feb 06, 6:34AM CST
Global gross domestic product (GDP) growth should accelerate somewhat in 2015 and 2016 from the pace of the last three years because of much lower oil prices, the avoidance of special drags on the world economy, and continuing easy monetary policies from global central banks, according to BNY Mellon Chief Economist Richard Hoey. Hoey made the comments in his February outlook.
BK: 39.20 (-0.21)
CenterSquare Investment Management Fund Exits Houston with the Sale of 1301 Fannin Street and the Villas at Hermann Park
PR Newswire - Fri Feb 06, 6:33AM CST
CenterSquare Investment Management, a Pennsylvania-based investment boutique of BNY Mellon specializing in real assets, announced today the recent sales of 1301 Fannin Street and the Villas at Hermann Park, both in Houston, marking the successful execution of its business plans on two of the largest investments in its Urdang Value-Added Fund II, a $463 million value-added closed-end fund.
BK: 39.20 (-0.21)
Funded Status of U.S. Corporate Pensions Falls Nearly Five Percent in January, According to BNY Mellon ISSG
PR Newswire - Wed Feb 04, 11:15AM CST
The funded status of the typical U.S. corporate pension plan declined 4.9 percentage points to 82.4 percent in January as the interest rate that determines liabilities fell to an all-time low, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).
BK: 39.20 (-0.21)
5 Stocks Insiders Love Right Now: Microsoft, Alnylam and More
at The Street - Wed Feb 04, 9:02AM CST
Insiders at these companies have been scooping up shares of their own stock lately.
ALNY: 95.54 (+1.67), ALB: 54.59 (+0.63), MRTX: 22.51 (-0.08), MSFT: 43.87 (+0.78), BK: 39.20 (-0.21)
BNY Mellon to Take Over Management of $46.3B Deutsche Fund - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 03, 5:00PM CST
Shares of BNY Mellon Corporation (BK) rose nearly 2% after the company announced an agreement with Deutsche Asset & Wealth Management, the negotiations for which were underway since July last year.
JPM: 59.67 (+0.10), C: 51.20 (+0.31), DB: 32.29 (+0.70), BK: 39.20 (-0.21)
Tracking Tweedy Browne's Portfolio - Q4 2014 Update
John Vincent - at Seeking Alpha - 52 mins ago
KOF: 84.71 (+0.59), DNOW: 25.64 (+0.70), CNQ: 31.63 (+0.45), WMT: 85.81 (-0.08), GOOG: 549.01 (+6.08), DEO: 113.89 (-1.40), BSBR: 5.07 (+0.19), NOV: 53.36 (+0.80), FII: 35.09 (+0.20), CSCO: 29.43 (-0.03), MA: 87.14 (-0.38), PSX: 76.62 (+1.51), TMK: 54.05 (+0.35), UN: 42.28 (-0.30), HAL: 44.19 (+1.42), AGCO: 49.78 (+0.97), COP: 69.88 (+1.84), WFC: 55.33 (+0.47), GSK: 47.94 (+1.99), UL: 43.03 (-0.17), CTWS: 37.37 (-0.03), NWLI: 245.15 (+0.45), RDS.A: 66.32 (+0.97), ANAT: 104.90 (-0.10), BRK.B: 148.34 (-1.45), BRK.A: 222,555.00 (-1,905.00), NVS: 102.20 (-0.17), MMM: 165.94 (+0.03), LMT: 196.95 (-0.53), UNF: 121.82 (-0.50), XOM: 93.37 (+1.00), SHEN: 30.36 (+0.37), JNJ: 99.62 (+1.18), GOOGL: 551.16 (+5.15), BK: 39.20 (-0.21), UNP: 122.60 (-1.23), JOY: 44.14 (+0.35), DVN: 66.47 (+0.69), AXP: 78.08 (-2.40), EMR: 58.68 (+0.08), HSBC: 46.13 (-0.01), ITW: 98.26 (+0.48), PM: 82.87 (-0.82), BRO: 33.01 (+0.20), TOT: 54.14 (-0.36), USB: 45.07 (-0.05), BAX: 70.39 (+0.31), CMCSA: 59.47 (+1.09), VZ: 49.31 (-0.21)
Dividend Challengers (And Near-Challengers): 67 Increases Expected By April 30
David Fish - at Seeking Alpha - Fri Feb 13, 7:16PM CST
KSS: 68.25 (-0.58), CNS: 41.45 (-0.70), PDCO: 50.65 (-0.16), NSU: 3.73 (+0.13), LYB: 89.99 (+0.19), MYE: 17.61 (+0.01), SCS: 18.43 (+0.07), PNC: 92.38 (+0.82), INDB: 40.25 (+0.03), MOV: 25.26 (-0.17), TMK: 54.05 (+0.35), ROIC: 17.27 (-0.08), TYC: 43.19 (+0.27), SYA: 22.86 (-0.14), SPTN: 25.99 (+0.14), ETN: 72.55 (+0.90), HMN: 31.40 (-0.11), ATLO: 24.93 (-0.06), SIG: 120.19 (+0.36), STWD: 24.24 (-0.10), IEX: 77.14 (+0.77), MJN: 101.89 (+2.32), BGS: 29.60 (-0.44), FCZA: 10.75 (+0.30), STJ: 67.48 (+0.65), MGA: 102.32 (-0.46), IEP: 100.21 (+0.28), MELI: 129.99 (-1.95), NRF: 18.65 (+0.12), OXM: 53.69 (-0.93), SNI: 73.00 (+0.39), LMAT: 7.66 (+0.08), PLOW: 21.90 (+0.32), FL: 53.96 (-0.13), EMCF: 24.03 (-0.87), BK: 39.20 (-0.21), HRC: 46.88 (+0.14), TXRH: 34.59 (+0.07), HD: 111.89 (-0.27), KW: 27.50 (+0.25), HSBC: 46.13 (-0.01), FMC: 63.68 (+0.44), LEA: 108.70 (-0.73), FFG: 58.39 (+0.25), RS: 55.14 (+1.36), HPY: 49.42 (-5.71), JWN: 79.41 (+0.04), FLS: 59.31 (+1.00), MTN: 85.85 (-0.82), ENH: 64.63 (+0.15), MLR: 21.11 (-0.08), CMCSA: 59.47 (+1.09), SSW: 18.50 (+0.45)
Write A Value Statement That Resonates With Clients
at Investor's Business Daily - Fri Feb 13, 4:22PM CST
As part of their marketing, financial advisers often try to differentiate themselves. They use lofty language to describe their expertise, passion and commitment to clients. They usually write value statements to encapsulate what they do, why they do...
BK: 39.20 (-0.21)
Weak Fourth Quarter a Drag on 2014 Returns of U.S. Master Trust Universe, says BNY Mellon
PR Newswire - Fri Feb 13, 7:15AM CST
The median return of the BNY Mellon U.S. Master Trust Universe was 1.62% for the fourth quarter of 2014, resulting in year-to-date performance for the typical fund of +6.6%, well behind the +14.3% returned in 2013. Still, the average plan posted gains in three of four quarters last year.
BK: 39.20 (-0.21)
BNY Mellon Appointed as Depositary by Burberry Group plc
PR Newswire - Thu Feb 12, 7:15AM CST
BNY Mellon, a global leader in investment management and investment services, has been appointed by Burberry Group plc as the successor depositary bank for its American Depositary Receipt (ADR) program. Each ADR represents two ordinary shares and trades on the OTC market under the symbol "BURBY." Burberry's local shares trade on the London Stock Exchange under the code "BRBY."
BK: 39.20 (-0.21)
Lockwood Whitepaper Suggests Objectives-Based Investing May Help Investors Better Achieve Financial Goals and Enhance the Advisor-Investor Relationship
PR Newswire - Wed Feb 11, 1:00PM CST
Lockwood Advisors,1 an affiliate of Pershing LLC, announced today the release of its latest whitepaper highlighting the benefits of using objectives-based investing, which reflects an evolution in the traditional asset allocation method of portfolio construction. The paper states that an objectives-based approach may increase the likelihood of investors achieving their goals and may help foster more meaningful relationships between financial advisors and their clients.
BK: 39.20 (-0.21)
After Yesterday's Rally of 1.56% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Feb 10, 4:19PM CST
Bank of New York Mellon (NYSE:BK) traded in a range yesterday that spanned from a low of $38.62 to a high of $39.14. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $38.99 on volume of 6.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BK: 39.20 (-0.21)
Look for Shares of Bank of New York Mellon to Potentially Pullback after Yesterday's 1.56% Rise
Comtex SmarTrend(R) - Tue Feb 10, 4:18PM CST
Bank of New York Mellon (NYSE:BK) traded in a range yesterday that spanned from a low of $38.62 to a high of $39.14. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $38.99 on volume of 6.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BK: 39.20 (-0.21)
The Insider Buys Brief: The Bank Of New York Mellon Corporation
Best Minds Capital - at Seeking Alpha - Mon Feb 09, 12:34PM CST
BK: 39.20 (-0.21)
Own The Portfolio Of The One Percent
Matthew Waterman - at Seeking Alpha - Mon Feb 09, 6:56AM CST
KMI: 41.97 (+0.21), BUD: 121.72 (-0.80), WMT: 85.81 (-0.08), H: 59.51 (-0.14), SHLD: 35.70 (+2.32), NFLX: 466.10 (+9.37), JNJ: 99.62 (+1.18), RCL: 75.56 (-1.19), CPB: 46.88 (-0.84), DD: 76.18 (-0.11), BEN: 53.91 (+0.23), EL: 82.49 (+1.58), BK: 39.20 (-0.21), BF.B: 90.72 (-0.28), EPD: 34.44 (+0.19)
Notice Of Exercise Of Warrants To The Certificate Holders Of PPLUS Trust Certificates Series LTD-1 Class B Certificates (CUSIP No. 73941X544)*
PR Newswire - Fri Feb 06, 4:02PM CST
NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Warrant Agreement, dated as of April 7, 2006 (the "Agreement"
between PPLUS Trust Certificates Series LTD-1 Trust (the "Trust" , Merrill Lynch Depositor, Inc., as Depositor (the "Depositor" and The Bank of New York Mellon, as Warrant Agent (the "Warrant Agent" , pursuant to Section 2.02(a)(i) of the Agreement, the Warrant Agent has received a notice of exercise from the holder of the warrants to purchase the outstanding aggregate amount of the PPLUS Trust Certificates Series LTD-1 (the "Securities" . BK: 39.20 (-0.21)
Notice Of Exercise Of Warrants To The Certificate Holders Of PPLUS Trust Certificates Series LTD-1 Class A Certificates (CUSIP No. 73941x551)*
PR Newswire - Fri Feb 06, 3:50PM CST
NOTICE IS HEREBY GIVEN that, pursuant to the terms of the Warrant Agreement, dated as of April 7, 2006, (the "Agreement"
between PPLUS Trust Certificates Series LTD-1 Trust (the "Trust" , Merrill Lynch Depositor, Inc., as Depositor (the "Depositor" and The Bank of New York Mellon, as Warrant Agent (the "Warrant Agent" , pursuant to Section 2.02(a)(i) of the Agreement, the Warrant Agent has received a notice of exercise from the holder of the warrants to purchase the outstanding aggregate amount of the PPLUS Trust Certificates Series LTD-1 (the "Securities" . BK: 39.20 (-0.21)
Breaking Up Big Banks is Hard to do. But Not Impossible
at The Street - Fri Feb 06, 1:49PM CST
Small activist funds are talking to larger peers. A major regulatory action, perhaps a rejected "living will" might be the catalyst these insurgents need. We're looking at you, JPMorgan.
GS: 189.00 (-0.78), JPM: 59.67 (+0.10), C: 51.20 (+0.31), BAC: 16.61 (-0.06), BK: 39.20 (-0.21)
Bank Stock Roundup: Restructuring & Legal Issues Rule; JPMorgan & BofA in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 06, 1:30PM CST
With Q4 earnings season for banks almost coming to an end, business expansion and restructuring initiatives have started occupying headlines.
BBT: 38.28 (-0.04), JPM: 59.67 (+0.10), USB: 45.07 (-0.05), C: 51.20 (+0.31), MTB: 123.90 (+0.52), BAC: 16.61 (-0.06), BK: 39.20 (-0.21)
Rate hikes coming? Financials up big after jobs number
Seeking Alpha - at Seeking Alpha - Fri Feb 06, 8:50AM CST
UYG: 148.01 (-0.10), KBE: 33.26 (+0.10), RF: 9.52 (-0.02), PRU: 80.33 (+1.63), C: 51.20 (+0.31), QABA: 35.79 (+0.05), KEY: 14.11 (-0.08), KRE: 40.34 (+0.14), JPM: 59.67 (+0.10), FNCL: 29.00 (unch), FXO: 23.57 (-0.02), SNV: 28.12 (-0.02), ETFC: 25.65 (-0.26), KIE: 67.42 (+0.13), PNC: 92.38 (+0.82), FAS: 125.53 (-0.26), XLF: 24.43 (-0.02), FAZ: 12.36 (unch), RYF: 45.00 (-0.09), ZION: 26.32 (+0.05), BK: 39.20 (-0.21), SCHW: 29.13 (-0.83), FINZ: 21.96 (-0.85), SEF: 17.52 (+0.04), VFH: 49.54 (-0.04), STT: 76.93 (-0.46), KRS: 27.55 (unch), KBWB: 37.31 (+0.05), FINU: 85.90 (-0.37), KRU: 90.38 (+0.38), MET: 50.86 (+0.53), BAC: 16.61 (-0.06), IYG: 90.32 (-0.02), LNC: 58.44 (+0.38), IYF: 90.01 (-0.04), KBWI: 69.42 (unch), NTRS: 70.08 (-0.51), IAK: 49.31 (+0.38), KBWR: 39.48 (+0.21), RWW: 49.23 (+0.01), IAI: 42.04 (-0.19), KBWP: 43.40 (+0.01), STI: 41.57 (+0.01), IAT: 34.84 (+0.08), AIG: 53.96 (+1.51), PSCF: 41.46 (+0.05), AMTD: 35.84 (-0.22)
Global Growth Should Accelerate from Levels of Past Three Years, Says BNY Mellon's Richard Hoey
PR Newswire - Fri Feb 06, 6:34AM CST
Global gross domestic product (GDP) growth should accelerate somewhat in 2015 and 2016 from the pace of the last three years because of much lower oil prices, the avoidance of special drags on the world economy, and continuing easy monetary policies from global central banks, according to BNY Mellon Chief Economist Richard Hoey. Hoey made the comments in his February outlook.
BK: 39.20 (-0.21)
CenterSquare Investment Management Fund Exits Houston with the Sale of 1301 Fannin Street and the Villas at Hermann Park
PR Newswire - Fri Feb 06, 6:33AM CST
CenterSquare Investment Management, a Pennsylvania-based investment boutique of BNY Mellon specializing in real assets, announced today the recent sales of 1301 Fannin Street and the Villas at Hermann Park, both in Houston, marking the successful execution of its business plans on two of the largest investments in its Urdang Value-Added Fund II, a $463 million value-added closed-end fund.
BK: 39.20 (-0.21)
Funded Status of U.S. Corporate Pensions Falls Nearly Five Percent in January, According to BNY Mellon ISSG
PR Newswire - Wed Feb 04, 11:15AM CST
The funded status of the typical U.S. corporate pension plan declined 4.9 percentage points to 82.4 percent in January as the interest rate that determines liabilities fell to an all-time low, according to the BNY Mellon Investment Strategy and Solutions Group (ISSG).
BK: 39.20 (-0.21)
5 Stocks Insiders Love Right Now: Microsoft, Alnylam and More
at The Street - Wed Feb 04, 9:02AM CST
Insiders at these companies have been scooping up shares of their own stock lately.
ALNY: 95.54 (+1.67), ALB: 54.59 (+0.63), MRTX: 22.51 (-0.08), MSFT: 43.87 (+0.78), BK: 39.20 (-0.21)
BNY Mellon to Take Over Management of $46.3B Deutsche Fund - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 03, 5:00PM CST
Shares of BNY Mellon Corporation (BK) rose nearly 2% after the company announced an agreement with Deutsche Asset & Wealth Management, the negotiations for which were underway since July last year.
JPM: 59.67 (+0.10), C: 51.20 (+0.31), DB: 32.29 (+0.70), BK: 39.20 (-0.21)
