55.42 0.00 (0.00%)
After hours: 6:02PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.47 - 55.92|
|52 Week Range||46.06 - 58.99|
|PE Ratio (TTM)||14.90|
|Earnings Date||Apr 18, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||0.96 (1.88%)|
|1y Target Est||60.24|
Snap-On (SNA), which designs, manufactures, and markets high-end tools and equipment for professional use in the transportation industry, was the S&P 500’s second-best performer on April 19. After declining for two weeks, Snap-On started this week on a mixed note and declined as the week progressed. However, Snap-On opened higher on Thursday and surged to four-week high price levels.
The S&P 500’s top gainers on April 19 were: American Express (AXP) gained 7.6%. Snap-On (SNA) gained 6.2%. Bank of New York Mellon (BK) gained 5.7%. W.W. Grainger (GWW) gained 5.3%. KeyCorp (KEY) gained 3.6%. American Express
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. In the past 10 years The Bank ofRead More...
BNY Mellon's (BK) Q1 results benefit from higher revenues and provision benefits. Yet, rise in costs lies as the undermining factor.
Bank of New York Mellon Corp reported a better-than-expected first-quarter profit on Thursday, as surging equity markets and a weaker dollar helped drive double-digit growth in its assets servicing and ...
(Reuters) - Bank of New York Mellon Corp reported a better-than-expected first-quarter profit on Thursday, helped by strong growth in its assets servicing and management business. The world's largest custodian ...
Bank of New York Mellon Corp reported a better-than-expected first-quarter profit on Thursday, helped by strong growth in its assets servicing and management business. The world's largest custodian bank ...
Bank of New York Mellon Corp. Chief Executive Officer Charles Scharf should be able to keep his doubters at bay -- at least for awhile. Scharf, who is under pressure to show his bank can generate organic growth, delivered $4.2 billion in revenue in the first quarter, a 9 percent expansion over the prior year’s period, which exceeded analyst expectations, according to an earnings report Thursday. The revenue results, which were driven by year-over-year increases in stock prices and higher interest rates, helped boost BNY Mellon’s shares to their biggest gain since November 2016.
Bank of New York Mellon Corp reported a 29 percent rise in first-quarter profit on Thursday as growth in the bank's asset servicing business helped boost fee revenue. The world's largest custodian bank ...
NEW YORK , April 19, 2018 /PRNewswire/ -- Revenue up 9% EPS up 33% ROE 12% ROTCE 26% (a) CET1 10.7% SLR 5.9% The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported: ...
NEW YORK , April 19, 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 – ...
NEW YORK, NY / ACCESSWIRE / April 19, 2018 / Bank of New York Mellon Corporation (NYSE: BK ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 19, 2018 at 8:00 AM ...
The economic and earnings calendars on Thursday should be fairly quiet, as investors continue to focus on the Treasury yield curve, which some fear is signaling recession.
A.M. Best has affirmed the Financial Strength Ratings of A and the Long-Term Issuer Credit Ratings of “a+” of BNY Trade Insurance, Ltd. and The Hamilton Insurance Corp.
Major banks' Q1 earnings are expected to be driven by higher interest rates and decent loan growth. Also, a slight improvement in fee income will likely provide some support.
Expectation of a rise in fee revenues should aid BNY Mellon's (BK) top-line growth in Q1. Also, loan growth along with higher rates is likely to drive net interest revenue growth.
NEW YORK, April 17, 2018 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, today announced new findings from its Asset Strategy View®, a solution that leverages proprietary aggregated client data to generate market intelligence about institutional investor allocation behavior. "Institutions with smaller asset bases tend to have fewer in-house investment professionals, that can sometimes make it more difficult for them to access alternative investment options that are leveraged by larger endowments and foundations," said Frances Barney, CFA, and Head of Global Risk Solutions, BNY Mellon Asset Servicing.
The latest economic data and renewed geopolitical concerns failed to thwart ETF inflows last week. According to FactSet, US-listed ETFs attracted inflows worth $13.2 billion, which took the year-to-date inflows higher to $71.2 billion. All of the major asset classes witnessed positive inflows. US equity ETFs added $6.9 billion, while international equity collected $1.0 billion. US fixed-income ETFs also saw a healthy addition of $4.0 billion amid a rise in the ten-year bond yield to 2.83%—compared to 2.78% last week. International fixed-income garnered $355 million.
JERSEY CITY, N.J., April 16, 2018 /PRNewswire/ -- BNY Mellon's Pershing today announced the launch of a new solution to help firms and plan advisors achieve greater consistency and efficiency in how they service retirement plans. The Retirement Plan Oversight Tool underscores Pershing's continued focus on bolstering its retirement plan offerings. "The future of the DOL Rule may be in limbo, but firms had been looking to improve oversight of ERISA plans well before the DOL tried to expand the definition of fiduciary," said Robert Cirrotti, managing director and head of retirement and investment solutions at BNY Mellon's Pershing.