|Bid||47.25 x 3200|
|Ask||47.70 x 2900|
|Day's Range||46.37 - 47.62|
|52 Week Range||46.37 - 58.99|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||11.39|
|Earnings Date||Jan 16, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||1.12 (2.28%)|
|1y Target Est||57.87|
Yields on Spanish and Portuguese securities surged to new highs Friday as investors worried that Italy’s budget woes may spread beyond the nation’s shores. Italy is locked in a battle over its draft budget with the European Commission that also threatens to divide the nation’s populist government. “Italian tensions appear to be reaching an intensity where formerly idiosyncratic concerns look to be morphing into something more systemic,” said Richard McGuire, head of rates strategy at Rabobank International in London.
According to GuruFocus' list of 52-week lows, these guru stocks have reached their 52-week lows. The price of IBM Corp. (IBM) shares has declined to close to the 52-week low of $134.05, which is 21.9% off the 52-week high of $171.13. The company has a market cap of $122.36 billion.
Let’s talk about the popular The Bank of New York Mellon Corporation (NYSE:BK). The company’s shares received a lot of attention from a substantial price movement on the NYSE over Read More...
NEW YORK , Oct. 18, 2018 /PRNewswire/ -- Revenue up 1% EPS up 13% ROE 11% ROTCE 23% (a) CET1 11.2% SLR 6.4% The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported: ...
NEW YORK , Oct. 18, 2018 /PRNewswire/ -- The Bank of New York Mellon Corporation today announced that its Board of Directors authorized dividends on its common and preferred stock as follows: Common – ...
A busy day of earnings awaits investors on Thursday with American Express, PayPal, and insurance giant Travelers among the highlights while markets will continue to search for stability after last week's chaos.
NEW YORK , Oct. 17, 2018 /PRNewswire/ -- BNY Mellon today announced that a team of over 25 leaders will attend this year's Sibos conference in Sydney, Australia . Four BNY Mellon executives from around ...
Bank of New York Mellon (NYSE: BK ) releases its next round of earnings this Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report. Earnings and Revenue ...
Higher rates and modest loan growth, are likely to positively impact BNY Mellon's (BK) net interest revenues in Q3. Further, the expectation of rise in fee revenues might support top line.
Bank of New York Mellon (BK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The Nasdaq led a rebound in stocks today, but small caps refused join the upside. Ford Motor, GM and two more large cap stocks hit new lows.
The Newport Beach Office Recognized by the Orange County Business Journal for Corporate Citizenship NEWPORT BEACH, Calif. , Oct. 12, 2018 /PRNewswire/ -- BNY Mellon Wealth Management's Newport Beach location ...
PITTSBURGH, Oct. 11, 2018 /PRNewswire/ -- Today the UpPrize, BNY Mellon Social Innovation Challenge has named TalkMeUp, C.C. Busy and Sign Track as the winners of its Great Solutions Challenge at a Showcase held at The Carnegie Science Center. UpPrize was developed to bridge the gap between the nonprofit and entrepreneurial communities as well as to increase the number of impactful technology based solutions targeted to address critical social challenges. The challenge is organized by The Forbes Funds, a supporting organization of The Pittsburgh Foundation, in collaboration with the BNY Mellon Foundation of Southwestern Pennsylvania.
Bank of New York Mellon (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PUNE, India, Oct. 11, 2018 /PRNewswire/ -- BNY Mellon today announced that it has appointed Bhargavi Nuvvula to lead its Corporate Technology organization. Nuvvula will be based in Pune, India and report to Nitin Chandel, Head of BNY Mellon Technology, India.
KING OF PRUSSIA, Pa., Oct. 10, 2018 /PRNewswire/ -- The Federal Reserve (Fed) could soon reach a policy rate that meets or exceeds the neutral rate of interest, leading to increased uncertainty around future Fed moves and potentially to unexpected jolts in the market, according to the recent Investment Insights issued by BNY Mellon's Lockwood Advisors, Inc. (Lockwood). The report indicates that the Fed is likely to reach the neutral rate—the long-term interest rate that causes neither overheating (boom) nor lack of demand (recession)—sometime in 2019.
BOSTON , Oct. 9, 2018 /PRNewswire/ -- Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, announced today that Intact Investment Management Inc. ("IIM") ...
“In hindsight we wish we were even shorter on U.S. rates,” said Raymond Lee, a fund manager at Kapstream Capital Pty in Sydney. The yield on the benchmark 10-year note rose three basis points Thursday to 3.21 percent after jumping 12 basis points Wednesday, surpassing May’s intraday high of 3.1261 percent. The 30-year yield increased four basis points Thursday to 3.37 percent.
The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email firstname.lastname@example.org. SOCIETE GENERALE Societe Generale is promoting Katan ...
JERSEY CITY, N.J., Oct. 2, 2018 /PRNewswire/ -- The 2018 Study of Pricing & Profitability, which is conducted by InvestmentNews and sponsored by BNY Mellon's Pershing Advisor Solutions, indicates that registered investment advisor (RIA) revenues have improved compared to 2015—the last time this same study was conducted. "That the main growth driver for RIAs is the overall performance of the market should be a flag for our profession," said Gabriel Garcia, managing director and head of relationship management at BNY Mellon's Pershing Advisor Solutions.
BOSTON, Oct. 2, 2018 /PRNewswire/ -- BNY Mellon Investment Management's U.S. Multi-Asset Manager, which will operate under the brand Mellon effective January 2, 2019, has hired an experienced investment team managing quantitative strategies including Risk Parity, Managed Futures and Alternative Risk Premia. Roberto Croce Ph.D., Berto Brauns and Xuan Huan joined the firm's Boston office. "We are delighted to join a firm with such a strong investment culture," said Croce.
NEW YORK , Oct. 1, 2018 /PRNewswire/ -- BNY Mellon today announced that it has expanded its BNY Mellon Risk View SM offering to make it easier for institutional investors to perform ex-ante (forward-looking) ...
Brings Expertise in Technology Infrastructure and Cross-Platform Solutions NEW YORK , Oct. 1, 2018 /PRNewswire/ -- BNY Mellon today announced the appointment of Sabet Elias in a new role as Chief Technology ...
BNY Mellon Investment Management’s U.S. multi-asset manager will be branded Mellon effective on Jan. 2, 2019. “With its long heritage in the investment community and strong associations with wealth and prosperity, Mellon is a natural name for our business,” Chairman and CEO Des Mac Intyre said in a prepared statement. “The combined business represents a step beyond traditional investment management, delivering integrated multi-asset expertise from one firm.” The firm was formed in 2018 to combine the active equity strategies of The Boston Co., the active fixed income strategies of Standish Mellon and the index, multi-asset and multi-factor strategies of Mellon Capital to create a next-generation multi-asset investment manager, the financial giant said on Thursday.