Welcome to our dedicated page for Bank New York Mellon news (Ticker: BK), a resource for investors and traders seeking the latest updates and insights on Bank New York Mellon stock.
The Bank of New York Mellon Corporation reports news as BNY, a global financial services platforms company serving capital markets through custody, administration, investment services and asset management. Company updates commonly cover quarterly results, financial supplements, common and preferred stock dividends, and corporate-brand or listed-security matters tied to its NYSE-traded securities.
BNY-related news also includes activity across its investment management platform, including fund adviser communications and dividend announcements for BNY Mellon-branded investment products. These updates reflect the company's role in servicing financial assets, supporting institutional clients and managing investment strategies across major asset classes.
The Global Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) report highlights a steady growth trajectory in the gift card industry, driven by increased investments from companies like Blackhawk Network and InComm Payments. The digital gift card adoption is surging due to e-commerce trends, expected to grow further in the coming years.
In 2023, the market is projected to reach US$ 511,019.3 million, with a compound annual growth rate (CAGR) of 8.1% anticipated. The report indicates ongoing expansion into markets like Singapore and Malaysia, alongside the rise of cryptocurrency gift cards in the U.S.
Summary not available.
Compañia de Minas Buenaventura S.A.A (NYSE: BVN) has reported strong financial results for 4Q22 and FY22, with a 132% increase in EBITDA from direct operations, reaching US$ 473.1 million for FY22. The company recorded a net income of US$ 602.9 million for FY22, a substantial turnaround from a net loss of US$ 262.8 million in FY21. The cash position improved to US$ 253.9 million as of December 31, 2022. Additionally, FY22 exploration expenditures rose to US$ 80.8 million, supporting a focus on extending the life of mines. Buenaventura is proposing a dividend of US$ 0.073 per share, reflecting its commitment to shareholder value.
Summary not available.
Summary not available.
BNY Mellon (NYSE: BK) will announce its first quarter 2023 financial results on April 18, 2023. The earnings report will be available on their website at approximately 6:30 a.m. ET, followed by a conference call and live audio webcast at 10:30 a.m. ET. Investors can access the call by dialing +1 800-390-5696 in the U.S. or +1 720-452-9082 internationally, using the passcode 200200. Archived versions of the call will be accessible from 2:00 p.m. ET on April 18 until May 18, 2023. As of December 31, 2022, BNY Mellon managed $1.8 trillion in assets.
On February 23, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly cash dividend of $0.015 per share, payable on April 3, 2023. Shareholders of record will be those holding shares by the close of business on March 9, 2023, with the ex-dividend date set for March 8, 2023. This dividend amount remains consistent with the previous declaration in January.
BNY Mellon Investment Management, managing $1.8 trillion in assets as of December 31, 2022, provides a range of investment solutions bolstered by BNY Mellon's $44.3 trillion assets under custody.
Compañia de Minas Buenaventura S.A.A. (NYSE: BVN) announced its 4Q22 production results, showing a total gold output of 17,535 ounces from Orcopampa, Tambomayo, La Zanja, Coimolache, and El Brocal. For FY22, the annual gold production reached 74,478 ounces. Silver production totaled 877,768 ounces in 4Q22, contributing to an overall FY22 silver output of 3,556,829 ounces. The company provided guidance for 2023, projecting gold production to range between 72,000 to 80,000 ounces and silver output to be between 2.7 million to 3 million ounces, reflecting a robust outlook amid steady operational performance.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. announced the results of its quarterly tender offer, which concluded on February 14, 2023 at 5:00 p.m. Eastern time. This tender offer aimed to buy back up to 2.5% of the Fund's outstanding common stock. The offer was oversubscribed, resulting in the purchase of 52,810 shares out of 223,385 shares tendered, leading to a pro-rata purchase ratio of 23.74%. The purchase price per share was set at $82.80, equal to the Fund’s net asset value as of December 31, 2022.
BNY Mellon (NYSE: BK) announced that President and CEO Robin Vince will address the RBC Capital Markets Global Financial Institutions Conference on March 7, 2023, at 4:00 p.m. ET in New York. The session may include forward-looking statements and significant material information.
A live audio webcast will be accessible on the BNY Mellon website, with an archived version available approximately 24 hours later until April 7, 2023. BNY Mellon is a globally recognized investment firm managing $44.3 trillion in assets under custody and $1.8 trillion in assets under management, providing financial services across 35 countries.