Jobless Claims, CBO Report and More Q2 Earnings

by Mark Vickery Published on July 20,2017

More Q2 earnings headlines hit the tape, along with jobless claims and the CBO's assessment of the Obamacare repeal.

• BK Quick QuoteBKNegative Net Change
• SHW Quick QuoteSHWPositive Net Change

BNY Mellon's (BK) Q2 Earnings & Revenue Improve Y/Y

by Zacks Equity Research Published on July 20,2017

Rise in revenues was the primary reason for improved earnings at BNY Mellon (BK).

• BK Quick QuoteBKNegative Net Change

BNY Mellon (BK) to Report Q2 Earnings: What's in Store?

by Zacks Equity Research Published on July 18,2017

Margin improvement might not be sufficient to counter the challenges for BNY Mellon (BK). While expenses will likely remain under control, reduced size of balance sheet could be a dampener.

• FITB Quick QuoteFITBNegative Net Change
• BK Quick QuoteBKNegative Net Change
• HBAN Quick QuoteHBANNegative Net Change

Wells Fargo (WFC) Penalized by Court on Abusive Tax Shelter

by Zacks Equity Research Published on May 26,2017

Following a three-week trial in a federal court in Minnesota, the jury passed a verdict on Wells Fargo & Company (WFC). The bank has been penalized with a 20% negligence fine in relation to the foreign tax credits claimed on the basis of STARS

• BBT Quick QuoteBBTPositive Net Change
• BK Quick QuoteBKNegative Net Change
• WFC Quick QuoteWFCNegative Net Change

BNY Mellon's (BK) Q1 Earnings & Revenue Improve Y/Y

by Zacks Equity Research Published on April 20,2017

Rise in revenues was the primary reason for improved earnings at BNY Mellon (BK).

• BK Quick QuoteBKNegative Net Change

Why BNY Mellon (BK) Stock Could Disappoint in Q1 Earnings

by Zacks Equity Research Published on April 19,2017

According to our proven model, it is less likely that The Bank of New York Mellon Corporation (BK) will be able to beat the Zacks Consensus Estimate this time around.

• BK Quick QuoteBKNegative Net Change
• ZION Quick QuoteZIONPositive Net Change
• AMP Quick QuoteAMPNegative Net Change

State Street to Shrink Operations in London & Hong Kong

by Zacks Equity Research Published on March 02,2017

Per a Reuters report, State Street Corporation (STT) has decided to shut its transition management operations in London and Hong Kong, with a goal to streamline its operations and improve efficiency.

• JPM Quick QuoteJPMNegative Net Change
• BK Quick QuoteBKNegative Net Change
• STT Quick QuoteSTTNegative Net Change

Why Is BNY Mellon (BK) Up 5.1% Since the Last Earnings Report?

by Zacks Equity Research Published on February 21,2017

BNY Mellon (BK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

• BK Quick QuoteBKNegative Net Change

BNY Mellon (BK) Lags Q4 Earnings & Revenue Estimates

by Zacks Equity Research Published on January 19,2017

The Bank of New York Mellon Corporation (BK) came out with adjusted earnings of 77 cents per share, which lagged the Zacks Consensus Estimate of 78 cents.

• BK Quick QuoteBKNegative Net Change

Federal Reserve Announces New Bailout Prevention Rule

by Zacks Equity Research Published on December 16,2016

The Federal Reserve Board has adopted a final rule to prevent any future government bailouts of major U.S. banks by using tax-payers money.

• JPM Quick QuoteJPMNegative Net Change
• BK Quick QuoteBKNegative Net Change
• STT Quick QuoteSTTNegative Net Change

Wells Fargo Barred from Hometown Business for Sales Scam

by Zacks Equity Research Published on December 15,2016

Wells Fargo & Company (WFC) has been suspended for two years from conducting broker-dealer services in commercial banking and commercial paper, in its own birthplace, San Francisco.

• CMA Quick QuoteCMANegative Net Change
• BK Quick QuoteBKNegative Net Change
• WFC Quick QuoteWFCNegative Net Change

Wells Fargo Faces Sanctions on 'Living Will' Deficiencies

by Zacks Equity Research Published on December 14,2016

Wells Fargo & Company (WFC) has been hit with restrictions by the U.S. regulators as the bank failed to "adequately remedy" deficiencies in its resolution plan, commonly known as 'living will'

• JPM Quick QuoteJPMNegative Net Change
• BK Quick QuoteBKNegative Net Change
• WFC Quick QuoteWFCNegative Net Change

BofA Faces $7M Fine from FINRA for Inadequate Supervision

by Zacks Equity Research Published on December 01,2016

The regulator of securities firms in the U.S., FINRA has imposed a fine of $7 million on Merrill Lynch, a unit of Bank of America Corporation (BAC), for inadequate supervision of securities-backed leverage in their clients' brokerage account.

• BK Quick QuoteBKNegative Net Change
• WFC Quick QuoteWFCNegative Net Change
• BAC Quick QuoteBACNegative Net Change

Citigroup (C) Plans to Move Derivatives Traders to Frankfurt

by Zacks Equity Research Published on December 01,2016

According to a Bloomberg report, following Brexit, some of London-based equity and interest-rate derivatives traders of Citigroup Inc. (C) might be moved to Frankfurt. However, depending on negotiations between the U.K. and the European Union (EU), the plan might take a turnaround.

• JPM Quick QuoteJPMNegative Net Change
• BK Quick QuoteBKNegative Net Change

The Aftermath of a U.S. Election

by John Blank Published on November 22,2016

What will we see? How should you trade?

• BK Quick QuoteBKNegative Net Change
• AHGP Quick QuoteAHGPNegative Net Change
• FSUGY Quick QuoteFSUGYNegative Net Change

by Zacks Equity Research Published on November 16,2016

• MCD Quick QuoteMCDNegative Net Change
• BK Quick QuoteBKNegative Net Change
• MMM Quick QuoteMMMNegative Net Change