Bank Of New York Mellon Corp - BK STOCK NEWS

Compañía de Minas Buenaventura S.A.A. (BVN) will hold its Fourth Quarter 2023 earnings conference call on March 1, 2024, to review financial and operating results. The call will feature CEO Leandro García Raggio and other senior management members. The company is Peru’s largest publicly traded precious and base metals company, with significant mining rights in Peru. Buenaventura operates several mines in Peru and owns a stake in Sociedad Minera Cerro Verde, a major Peruvian copper producer. The press release also provides contact information for further inquiries.

BNY Mellon (BK) and Microsoft are teaming up to revolutionize capital markets and the financial services industry. The collaboration aims to leverage Microsoft Azure cloud and BNY Mellon's financial data and analytics capabilities to provide clients with a leading data management solution. This partnership will enhance risk management, operational efficiency, and decision-making through AI technologies. BNY Mellon will migrate its data and analytics workloads to Microsoft Azure to offer clients deeper insights and actionable data, improving investment performance, distribution reach, and risk management.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) has announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024, to shareholders of record at the close of business on February 20, 2024. The ex-dividend date is February 16, 2024, and the previous distribution announced in January was also $0.0300 per share. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. BNY Mellon Investment Management, the parent company, has $2.0 trillion in assets under management as of December 31, 2023, and is one of the world’s largest asset managers. However, BNY Mellon Municipal Bond Infrastructure Fund, Inc. warns that market conditions and portfolio performance may change, affecting the rate of distributions and the distribution policy.

BNY Mellon (NYSE: BK) is set to report its financial results for the first quarter of 2024 on April 16, 2024. The materials will be available on the company's website at 6:30 a.m. ET, followed by a conference call and live audio webcast at 11:00 a.m. ET on the same day.

BNY Mellon (BK) President and CEO, Robin Vince, to speak at BofA Securities Financial Services Conference in Miami, Florida. The event is scheduled for February 20, 2024, at 2:10 p.m. ET.

Dreyfus, an affiliate of BNY Mellon, celebrates the 50th anniversary of its first money market fund, Dreyfus Liquid Assets, Inc. The company has a history of innovation and offers a full suite of short-duration liquidity solutions, aligning clients' philanthropic goals with their liquidity needs. Dreyfus has been committed to delivering leading and innovative liquidity solutions for investors and investment professionals since 1974.

BNY Mellon (BK) has launched Virtual Account Based Solutions, a new cash management solution providing clients with enhanced access to and control of cash administration activities and reporting capabilities. This innovative solution aims to make money work more smoothly for treasurers globally, solving their complex payments and financing needs. Virtual accounts are linked to physical accounts within BNY Mellon, allowing incoming or outgoing payments to be reflected in real time, maintaining a virtual sub-ledger that provides a continuously updated transaction and balance history to deliver transparency into company-wide cash flows. The solution supports a variety of industry use cases, including automatically reconciling high volumes of incoming payments over USD wires and ACH networks, supporting the centralization of payment and collection functions across legal entities, establishing a hierarchy of virtual accounts exclusive to a specific business unit, and supporting financial institution clients to segregate their Nostro accounts for use by their end corporate clients to receive Wires or ACH credits in the US.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) has declared a distribution of $0.035 per share of common stock, payable on February 23, 2024, to shareholders of record at the close of business on February 8, 2024. The ex-dividend date is February 7, 2024. The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends. BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management, which has $2.0 trillion in assets under management as of December 31, 2023. The Fund's investment returns and principal values will fluctuate, and there is no assurance that the Fund will achieve its investment objective.

Compañia de Minas Buenaventura S.A.A. (BVN) has announced the decision to call a General Shareholders' Meeting to consider the partial amendment of the bylaws to increase the number of directors from seven to nine. This would allow the appointment of two directors proposed by Antofagasta, based on the percentage of its owned shares. The Company believes that Antofagasta's contribution would add value to the Board of Directors due to its experience and knowledge in the mining sector. Buenaventura is Peru’s largest publicly-traded precious and base metals Company, engaged in the exploration, mining development, processing, and trade of gold, silver, and other base metals. The Company currently operates several mines in Peru and owns a significant stake in a Peruvian copper producer. For more information, please contact the Company or visit its website.