Bank New York Mellon Corp Stock Price, News & Analysis

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 October. The distribution is payable on December 2, 2024, to shareholders of record as of November 20, 2024, which is also the ex-dividend date.

The Fund aims to provide regular monthly distributions at a stable rate based on projected performance. BNY Investment Adviser, part of BNY Investments, manages the Fund. BNY Investments oversees $2.1 trillion in assets under management as of September 30, 2024, while its parent company BNY handles $52.1 trillion in assets under custody and/or administration.

BNY (NYSE: BK) has successfully completed its acquisition of Archer Holdco, a technology-enabled service provider specializing in managed account solutions for the asset and wealth management industry. The acquisition, initially announced on September 5, 2024, strengthens BNY's position as a leading service provider supporting asset managers across all fund wrappers. Archer's comprehensive middle- and back-office solutions will be integrated with BNY's broader capabilities, serving institutional, private wealth, and retail investors. The deal positions BNY strategically in the managed accounts sector, which is experiencing rapid growth in the investment industry.

Buenaventura (NYSE: BVN) reported strong financial results for Q3 2024, with EBITDA from direct operations reaching US$ 132.4 million, a 149% increase from Q3 2023. Net income for Q3 2024 was US$ 236.9 million, compared to a US$ 28.0 million loss in Q3 2023. The company's cash position reached US$ 457.9 million with a net debt of US$ 224.7 million.

Production highlights include increases in silver (2.5M Oz), zinc (96% YoY), lead (206% YoY), and gold (7% YoY), while copper decreased by 9% YoY. The company completed the sale of Chaupiloma Royalty Company to Franco-Nevada for US$ 210 million and received a credit rating upgrade from Moody's to B1 with positive outlook.

MUFG Bank has launched MUFG CashFolio, a new liquidity trading portal powered by BNY's LiquidityDirect® platform. This all-inclusive investment portal provides institutional clients with enhanced access to money market mutual funds (MMF), which reached $6.51 trillion in assets in July. The platform offers MMF trade execution, settlement, fund research, compliance tools, and ESG Data Analytics capabilities. LiquidityDirect currently supports over $16 trillion in annual transaction flow for more than 7,000 institutional investors. The collaboration aims to provide clients with improved cash management and risk diversification through an integrated platform.

BNY High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share from net investment income. The dividend is payable on November 21, 2024, to shareholders of record as of November 6, 2024, which is also the ex-dividend date. This dividend amount remains unchanged from the previous month's declaration. BNY Investments, the fund's investment adviser, manages $2.1 trillion in assets and is part of BNY, which oversees $52.1 trillion in assets under custody and/or administration as of September 30, 2024.

Buenaventura (NYSE: BVN), Peru's largest publicly-traded precious metals mining company, has released its production and volume sold results for Q3 2024. The report includes data for gold, silver, lead, zinc, and copper production across various mining operations.

Key highlights include:

• Total gold production including associated operations: 39,690 ounces in Q3, 118,095 ounces year-to-date
• Total silver production including associated operations: 4,243,769 ounces in Q3, 10,931,273 ounces year-to-date
• Lead production from direct operations: 4,953 metric tons in Q3, 14,523 metric tons year-to-date
• Zinc production from direct operations: 7,374 metric tons in Q3, 22,540 metric tons year-to-date
• Copper production from direct operations: 16,769 metric tons in Q3, 42,334 metric tons year-to-date

The report also includes updated guidance for 2024 production targets across all metals and operations.

BNY (NYSE: BK) has announced dividend declarations for its common and preferred stock. The quarterly common stock dividend is $0.47 per share, payable on November 1, 2024, to shareholders of record as of October 21, 2024. Preferred stock dividends were also declared for Series A, H, and I, payable on December 20, 2024, to holders of record as of December 5, 2024.

BNY, a global financial services company, manages $52.1 trillion in assets under custody and/or administration and $2.1 trillion in assets under management as of September 30, 2024. The company serves over 90% of Fortune 100 companies and nearly all of the top 100 banks globally. BNY employs over 50,000 people worldwide and has been recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.

BNY (NYSE: BK) has released its financial results for the third quarter of 2024. The global financial services company has made the earnings release, quarterly financial highlights, and other earnings-related documents available on their investor relations website. Management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET to discuss the results. Investors and analysts can access detailed information about BNY's performance for the quarter through these resources.

Compañía de Minas Buenaventura S.A.A. (NYSE: BVN) has announced its Third Quarter 2024 earnings conference call, scheduled for Thursday, October 31, 2024 at 12:00 PM (Eastern Time) and 11:00 AM (Lima Time). The call will feature CEO Leandro García Raggio and other senior management members discussing the company's financial and operating results. The Q3 results will be released on Wednesday, October 30, 2024, after market close.

Participants can join via phone or webcast. Buenaventura, Peru's largest publicly traded precious and base metals company, operates several mines in Peru and holds a 19.58% stake in Sociedad Minera Cerro Verde. The company is involved in exploration, mining development, processing, and trade of gold, silver, and other base metals through wholly-owned mines and joint venture projects.