Bank of New York Mellon (BK)

Bank of NY Mellon News & Analysis

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  Bank of New York Tops Q4 EPS by 22c, Revenue Misses

  Bank of New York (BK) reported Q4 EPS of $1.30, $0.22 better than the analyst estimate of $1.08. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $4.24...

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  Bank of NY Mellon earnings beat by $0.22, revenue fell short of estimates

  Investing.com - Bank of NY Mellon (NYSE:BK) (NYSE: BK) reported fourth quarter EPS of $1.30, $0.22 better than the analyst estimate of $1.08. Revenue for the quarter came in at $3.9B versus...

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  Banks’ Revenue Bonanza Seen Under Threat From Looming US Recession

  (Bloomberg) -- The market volatility and interest-rate hikes that gave US banks their biggest windfall last year may prove to be their biggest headache in 2023. When Bank of America Corp...

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  Goldman Sachs, Morgan Stanley downgraded on valuation, BNY Mellon upgraded on significant buyback capacity

  By Sam Boughedda Wolfe Research downgraded Goldman Sachs (NYSE:GS) to Peer Perform, upgraded Bank of New York Mellon (NYSE:BK) to Outperform, and downgraded Morgan Stanley (NYSE:MS) to...

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  Not time to be long large cap banks yet, JPMorgan double upgraded at Morgan Stanley

  By Sam Boughedda  In a note to clients Tuesday, Morgan Stanley analysts said it's not time to be long Large Cap Banks yet, with the firm upgrading JPMorgan (NYSE:JPM) to Overweight from...

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  FTX’s Banking Ties Raise Uncomfortable Questions for Regulators

  (Bloomberg) -- The residue of Sam Bankman-Fried’s crypto empire is laying bare the industry’s growing foothold in the traditional banking system.  Although there is no indication that FTX’s...

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  Stock Market Today: Dow in Rally Mode as Bullish Banks Jump as Earnings Heat Up

  By Yasin Ebrahim Investing.com -- The Dow racked up gains Monday, as a wave of mostly better-than-expected quarterly results from major Wall Street banks lifted sentiment on stocks. The Dow...

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  S&P 500 Jumps as Positive Earnings Wave Boosts Sentiment

  By Yasin Ebrahim Investing.com -- The S&P 500 rallied Monday, as a wave of mostly better-than-expected quarterly results from major Wall Street banks lifted sentiment on stocks. The S&P 500...

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  Midday Movers: Roblox, Bank of America, Archaea Energy and More

  By Liz Moyer Investing.com -- Stocks surged on Monday after Bank of America beat expectations and set a positive tone to start a busy week of earnings. Here are the midday movers for Oct....

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  U.S. Stocks Surge After BofA Sets Upbeat Tone for Earnings

  By Liz Moyer Investing.com -- U.S. stocks rose in early trading on Monday after Bank of America beat expectations on higher net interest income linked to rising interest rates. At 9:42 ET...

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  Bank of America, Goldman Sachs, Splunk Rise Premarket; Fox Falls

  By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, October 17th. Please refresh for updates. Bank of America (NYSE:BAC) stock rose 2.9% after the second-largest...

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  Bank of New York Tops Q3 EPS by 11c

  Bank of New York (BK) reported Q3 EPS of $1.21, $0.11 better than the analyst estimate of $1.10. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.2...

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  Bank of NY Mellon Earnings, Revenue beat In Q3

  Investing.com - Bank of NY Mellon (NYSE:BK) reported third quarter {{erl-8352||earnings that beat analysts' expectations on Monday and revenue that topped forecasts. The firm reported...

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  Dow Futures Move Higher as Investors Brace for Earnings

  By Oliver Gray  Investing.com - U.S. stock futures were trading higher during Sunday’s evening deals, with market participants looking to see how major companies are dealing with slowing...

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  BNY Mellon Launches New Crypto Custody Platform

  By Sam Boughedda  America's oldest bank, Bank of New York Mellon (BNY Mellon) (NYSE:BK), said Tuesday that select clients can now hold and transfer bitcoin and ether. The company has now...

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  Wall Street Reacts to Powell: ‘Very Clear Pushback’ on 2023 Fed Pivot

  (Bloomberg) -- Federal Reserve Chair Jerome Powell’s message to investors was short and blunt: The central bank will likely keep raising interest rates and leave them elevated for some time...

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  Asian Stocks Down, Apple to Slow Hiring on Economic Worries

  By Zhang Mengying Investing.com – Asia-Pacific stocks were mostly down on Tuesday morning as Apple Inc. reportedly plans to slow down hiring and spend next year coping with a potential...

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  Bank of NY Mellon Earnings miss, Revenue beats In Q2

  Investing.com - Bank of NY Mellon (NYSE:BK) reported second quarter {{erl-8352||earnings that missed analysts' expectations on Friday and revenue that topped forecasts. The firm reported...

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  Bank of New York Misses Q2 EPS by 10c, Revenues Beat

  Bank of New York (BK) reported Q2 EPS of $1.03, $0.10 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.15...

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  Morgan Stanley, BofA Send Money Back to Shareholders After Stress Tests

  (Bloomberg) -- Morgan Stanley (NYSE:MS) and Goldman Sachs Group Inc (NYSE:GS). led the way as US banks boosted dividends and share buybacks in response to their success in clearing...

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  Inflation Is Fueling ‘The Most Uncertain Time in Our Careers’

  (Bloomberg) -- The current denizens of Wall Street have never seen a market quite like this. Volatility surged across assets last week as a worsening outlook for inflation and growth smashed...

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  DWS Replaces CEO Hours After Police Raid HQ in Greenwashing Probe

  By Geoffrey Smith Investing.com -- Deutsche Bank (ETR:DBKGn) has replaced Asoka Woehrmann, the chief executive of DWS, its listed asset management arm, within hours of German police...

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  Asian Stocks Up, Sentiment Steadies but Chance of Further Volatility Remains

  By Gina Lee Investing.com – Asia Pacific stocks were up on Friday morning, with U.S. futures also climbing higher as a measure of calm returned to markets. However, concerns of an economic...

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  Weekly Comic: Terra Infirma and Untethered Tethers

  By Geoffrey Smith Investing.com -- The crypto world has survived a scary week, but the danger isn’t over. The seemingly unstoppable momentum of the last two years has gone,...

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  Midday Stock Movers: Casa Systems, BofA, Twitter

  By Sam Boughedda Investing.com -- U.S. stocks are down Monday, with the Nasdaq trading approximately half a percent lower. Here are the midday movers on Monday, April 18th. Casa Systems ...

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  Bank of New York Tops Q1 EPS by 1c

  Bank of New York (NYSE:BK) reported Q1 EPS of $0.86, $0.01 better than the analyst estimate of $0.85. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.97...

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  Bank of NY Mellon Earnings, Revenue miss In Q1

  Investing.com - Bank of NY Mellon (NYSE:BK) reported first quarter {{erl-8352||earnings that missed analysts' expectations on Monday and revenue that fell short of forecasts. The firm...

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  Top 5 Things to Watch in Markets in the Week Ahead

  By Noreen Burke Investing.com -- Earnings season kicks into high gear in the coming week but concerns over persistently high inflation, a hawkish Federal Reserve and uncertainty arising out...

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  S&P 500 Cuts Losses but Ends Lower as Ukraine-Russia Talks End in Stalemate

   By Yasin Ebrahim Investing.com -- The S&P 500 cut losses to end the day above session lows Thursday, amid signs of dip-buying activity after hopes of a diplomatic solution to the...

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  S&P 500 Off Lows, but Russia-Ukraine Conflict, Red-Hot Inflation Weigh

   By Yasin Ebrahim Investing.com -- The S&P 500 moved off lows Thursday, but remained under pressure as hopes of a diplomatic solution to the Russia-Ukraine conflict suffered a setback, while...

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  S&P 500 Stumbles as Selling Into Strength Continues

  By Yasin Ebrahim Investing.com – The S&P 500 ended sharply lower Thursday, paced by a slump in consumer discretionary stocks, and fresh weakness in tech after the sector failed to hold onto...

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  S&P 500 Pares Some Gains, but Gains in Financials, Tech Offer Support

  By Yasin Ebrahim Investing.com – The S&P 500 eased from session highs Thursday, but remained supported by a bounce in financials and tech stocks following a recent a rout. The S&P 500 rose...

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  Bank of NY Mellon Earnings inline, Revenue beats In Q4

  Investing.com - Bank of NY Mellon (NYSE:BK) reported fourth quarter {{erl-8352||earnings that matched analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported...

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  The BoJ keeps rates on hold: 5 things to watch this Tuesday on the stock market

  By Laura Sanchez Investing.com - The Bank of Japan (BoJ) decided early this morning not to touch interest rates, although according to Reuters it may be preparing to raise them. The focus...

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  Nasdaq Hits Record as Big Tech Gains; Facebook Changes Name

  By Yasin Ebrahim Investing.com – The Nasdaq climbed to record highs Thursday, as investors piled into big tech ahead of the final wave of big tech earnings from Amazon (NASDAQ:AMZN) and...

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  Bank of NY Mellon Earnings, Revenue beat In Q3

  Investing.com - Bank of NY Mellon (NYSE:BK) reported third quarter {{erl-8352||earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported...

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  S&P 500 Rebounds as Dip-Buying Resumes

  By Yasin Ebrahim Investing.com – The S&P 500 rebounded Tuesday on dip-buying in big tech following a rout a day earlier. The S&P 500 gained 1.4%, the Dow Jones Industrial Average added 1.3%...

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  Grayscale Hires ETF Head in Push to Convert Biggest Bitcoin Fund

  (Bloomberg) -- The company behind the largest cryptocurrency fund is building out its ETF team, despite dimming odds that U.S. regulators will approve the structure this year. Grayscale...

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  Debt Ceiling Debacle Threatens Fireworks in U.S. Money Market

  (Bloomberg) -- The imminent return of the U.S. debt ceiling is causing angst for money-market traders once again. While the risk that Uncle Sam might default by missing a payment on a bill...

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  Bank of NY Mellon Earnings, Revenue beat In Q2

  Investing.com - Bank of NY Mellon (NYSE:BK) reported second quarter {{erl-8352||earnings that beat analysts' expectations on Thursday and revenue that topped forecasts. The firm reported...

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  BOE Watchers Look for Signs of Tightening Ahead: Decision Guide

  (Bloomberg) -- Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here The Bank of England on...

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  Dogecoin Rips in Meme-Fueled Frenzy on Pot-Smoking Holiday

  (Bloomberg) -- Fans are driving Dogecoin higher to mark a day known for celebrating pot smoking. The Shiba Inu-themed token traded to nearly 42 cents on Tuesday, further stoking the social...

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  S&P 500, Dow Close at Record to End Bullish Week of Earnings on High

  By Yasin Ebrahim Investing.com – The S&P 500 and Dow closed at all-time highs Friday as the record run in stocks continued during a week of red-hot earnings and swashbuckling gains for...

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  U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.48%

  Investing.com – U.S. equities were higher at the close on Friday, as gains in the Basic Materials, Telecoms and Healthcare sectors propelled shares higher. At the close in NYSE, the Dow...

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  U.S. Futures Flat; Morgan Stanley Earnings to Continue Strong Quarter

  By Peter Nurse    Investing.com - U.S. stocks are seen opening largely unchanged Friday, consolidating after record closing levels the previous session, but sentiment remains positive as...