|Bid||48.30 x 2200|
|Ask||51.61 x 1400|
|Day's range||47.58 - 49.00|
|52-week range||45.16 - 58.99|
|Beta (3Y monthly)||0.99|
|PE ratio (TTM)||11.37|
|Earnings date||16 Jan 2019|
|Forward dividend & yield||1.12 (2.33%)|
|1y target est||54.61|
BNY Mellon has shelved plans to move to a new headquarters in London and will instead extend the lease on its current office as it opts for a softer commitment in the run-up to Brexit. The US bank had spent the past year drawing up a shortlist of possible new flagship London buildings, including one in Canary Wharf, London’s eastern financial district, as preparation for a potential move in the early 2020s. A lease extension would represent a shorter, potentially less expensive commitment than a deal to lease a new headquarters building, which would also incur relocation and fit-out costs.
BNY Mellon's (BK) plan to reward shareholders with additional share repurchases reflect strong fundamentals and solid liquidity position.
This is hardly the first time in the past 30 years that the foreign exchange market has had to deal with potential shocks — both positive and negative — for the pound. Probably the best example of this is the run-up to Black Wednesday in 1992 when the question was simply whether or not the Bank of England would be able to defend sterling’s position in the European Exchange Rate Mechanism. A more recent example of the currency market grappling with a situation with a small number of potential outcomes for the UK is 2010, when investors were faced with uncertainty over the composition of a coalition government in the aftermath of an indecisive general election.
Ambiguous legal text could free some of the largest U.S. banks from a post-crisis bank regulation known as the Volcker rule.
The Mexican peso and South African rand led a rally in emerging-market currencies.S&P 500 index futures jumped as much as 1.8 percent in Asia.Havens such as the yen slipped and the greenback was lower against most of its large developed-market counterparts. Treasury 10-year futures fell 7/32 to 119 7/32.U.S. President Donald Trump and Chinese President Xi Jinping promised to halt any new tariffs for 90 days as the countries continue negotiations. The U.S. had been scheduled to push ahead on Jan. 1 with increased tariffs on $200 billion worth of Chinese goods, but that’s been paused following the highly anticipated meeting between the two leaders on the sidelines of the Group-of-20 summit.
Bank of New York Mellon (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
BNY Mellon came out with earnings of $1.06 per share, surpassing the Zacks Consensus Estimate of $1.04. The figure was up 12.8% from the prior year quarter.
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...
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.
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.
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.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of New York Mellon (BK) have what it takes? Let's find out.
Bank of New York Mellon Corp. fell the most in two years after Chief Executive Officer Charles Scharf said that investors looking for a quick improvement in the bank’s performance needed to be patient. “We are focused on increasing the rate of revenue growth,” he said on a conference call. “Given the nature of our business it takes time.” Scharf also painted a mixed picture of the business, saying there were “pockets of strength,” as well as “softness,” in the investment management unit which experienced outflows.
Microsoft earnings will be a highlight for investors on Thursday as trade stories continue to dominate the economic discussion.
Shares of BNY Mellon (BK) added 2.9% during regular hours Wednesday, the last day of trading before the company releases its latest quarterly earnings report. Here's what to expect on Thursday.
While higher rates, along with modest loan growth, is expected to positively impact BNY Mellon's (BK) net interest revenues in Q2, the expectation of a decline in fee revenues might hurt top line.