Moody’s MCO has announced the acquisition of Numerated Growth Technologies, a cutting-edge loan origination platform for financial institutions. This strategic move enhances Moody’s Lending Suite,...
Bank of New York Mellon has outperformed the broader market and its peers over the past year, and Wall Street analysts are moderately optimistic about the stock’s prospects.
Shares of The Bank of New York Mellon Corporation BK, popularly known as BNY Mellon, have performed remarkably well this year. Last week, the stock touched a new 52-time high of $80.29 during Wednesday’s...
BlackRock Inc. BLK is negotiating with Millennium Management to acquire a minority stake in the hedge fund, according to people familiar with the matter. This was first reported by The Financial Times.Millennium,...
The PNC Financial Services Group, Inc. PNC remains well-poised for growth on the back of balance sheet strength and strategic growth initiatives. Furthermore, the recent rate cut by the Federal Reserve...
The Bank of New York Mellon Corporation BK has acquired Archer Holdco, LLC (“Archer”), a leading technology-enabled service provider of managed account solutions to the asset and wealth management...
U.S. Bancorp’s USB third-quarter 2024 adjusted earnings per share (excluding the impacts of notable items) of $1.03 beat the Zacks Consensus Estimate by 3%. However, the bottom line decreased 1.9% from...
State Street Corporation’s STT third-quarter 2024 earnings of $2.26 per share surpassed the Zacks Consensus Estimate of $2.08. The bottom line also increased 80.8% from the prior-year quarter.Stay up-to-date...
U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports
For Immediate ReleaseChicago, IL – October 11, 2024 – Today, Zacks Investment Ideas feature highlights JPMorgan Chase JPM, The Bank of New York Mellon BK and The Progressive Corp. PGR.2 Finance Stocks...