Bank New York Mellon Corp Stock Price, News & Analysis

Buenaventura (NYSE: BVN), Peru's largest publicly-traded precious metals mining company, has successfully issued US$650 million in senior unsecured notes due 2032. The notes bear an interest rate of 6.800% per annum and are fully guaranteed by Inversiones Colquijirca, Procesadora Industrial Río Seco, and Consorcio Energético Huancavelica.

The notes were offered through private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The company plans to use the proceeds to refinance its outstanding 5.500% Senior Notes due 2026 and for general corporate purposes. This transaction aims to strengthen Buenaventura's credit profile and extend debt maturities.

BNY (NYSE: BK) has announced the appointment of Carolyn Weinberg as its new Chief Solutions Innovation Officer, effective February 3. Weinberg, who will join the BNY Executive Committee, comes from BlackRock where she served as Chief Product Innovation Officer, leading global product innovation, development, and commercialization.

CEO Robin Vince emphasized that fostering BNY's culture of innovation and curiosity is essential, highlighting Weinberg's extensive experience in product innovation and development. Weinberg's prior experience includes leadership roles at Citibank and Deutsche Bank, where she developed client solutions across risk management, structured financing, and fixed income derivatives.

BNY (NYSE: BK) has announced that its Chief Executive Officer, Robin Vince, will be presenting at the BofA Securities Financial Services Conference. The conference presentation is scheduled for Wednesday, February 12, 2025, at 9:40 a.m. ET in Miami, Florida. This speaking engagement represents an opportunity for BNY to share insights and updates with the financial services community.

BNY (NYSE: BK) has announced that Emily Portney, Global Head of Asset Servicing, will be presenting at the upcoming UBS Financial Services Conference. The presentation is scheduled for Tuesday, February 11, 2025, at 1:00 p.m. ET in Key Biscayne, Florida. This appearance at a major financial conference suggests BNY's commitment to maintaining transparent communication with investors and industry stakeholders.

BNY High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share from net investment income. The dividend will be payable on February 21, 2025, to shareholders of record as of February 6, 2025, which is also the ex-dividend date. This dividend amount remains unchanged from the previous December declaration.

The fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration and operates through seven investment firms offering solutions across major asset classes.

BNY (NYSE: BK) has announced its latest dividend declarations for both common and preferred stock. The company will pay a quarterly common stock dividend of $0.47 per share on February 7, 2025, to shareholders of record as of January 27, 2025.

The company also declared dividends for various series of preferred stock, all payable on March 20, 2025, to holders of record as of March 5, 2025. These include $1,295.17 per share for Series A, $2,312.50 for Series F, $2,350.00 for Series G, $925.00 for Series H, and $937.50 for Series I.

BNY currently manages $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2024. The company serves over 90% of Fortune 100 companies and nearly all top 100 banks globally.

BNY (NYSE: BK) announced its fourth quarter 2024 financial results on January 15, 2025. The company has made its earnings release, quarterly presentation, and related documents available on their investor relations website. Management will be hosting a conference call with a simultaneous live audio webcast at 12:00 p.m. ET on the same day to discuss the results.

BNY Alcentra Global Multi-Strategy Credit Fund has announced a quarterly tender offer for 2.5% of its outstanding shares as of December 31, 2024. The tender offer will commence on January 17, 2025, and expire on February 18, 2025, at 5:00 p.m. Eastern Time. Shares will be purchased at the net asset value per share determined as of December 31, 2024.

The Fund will file tender offer documents with the SEC, which will be made available to shareholders. Georgeson has been appointed as the Fund's Tender Offer information agent, accessible toll-free at (877) 278-9670. The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024. BNY itself has $52.1 trillion in assets under custody and/or administration.

BNY Municipal Bond Infrastructure Fund (NYSE: DMB) has declared a monthly distribution of $0.0300 per share of common stock, maintaining the same rate as December's distribution. The payment is scheduled for February 3, 2025, with a record date and ex-dividend date of January 21, 2025.

The Fund aims to provide regular monthly distributions to shareholders at a stable rate based on projected performance. While maintaining stable distributions, the Fund may occasionally distribute less than its net investment income, use accumulated undistributed income, or return capital.

The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration.