Key Takeaways Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.Bank of New York Mellon,

The Bank of New York Mellon Corporation (NYSE:BK) shares are trading slightly lower on Thursday. Yesterday, the company reported fourth-quarter 2024 results. The finance behemoth reported fourth-quarter adjusted earnings per share of $1.

Morgan Stanley (MS) and Bank of America (BAC) are scheduled to announce quarterly results on July 16. What to watch for:Stay Ahead of the

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.

Bank of New York Mellon Corp. provided additional strength to financial stocks as the firm posted record 2024 revenue of $18.6 billion and delivered better-than-expected fourth-quarter results. "We enter 2025 with strong momentum,

Investors in bank stocks keep getting rewarded. For now. Big banks reported strong fourth-quarter and full-year financial results on Wednesday. The KBW Nasdaq Bank Index saw its largest gain since the day after the presidential election.

Bank of America Securities analyst Ebrahim Poonawala reiterated a Buy rating on Bank of New York Mellon Corporation (BK – Research Report)

Bank of New York Mellon, BlackRock, and Goldman Sachs were among the financial firms posting better-than-expected earnings. Tesla shares gained as Barclays analysts raised their price target for ...

Diamond has comanaged this strategy since the end of 2002, the same year he joined Goldman Sachs Asset Management after nine years with Prudential's muni group. The firm officially appointed Yeh ...

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The Greater Pittsburgh Federal Credit Union has a branch on the lower level of the Cohon University Center. Carnegie Mellon University does not maintain an exclusive banking relationship with any banking or financial institution. Carnegie Mellon does not ...