BONY Mellon Spits the Bit

From Reuters:
Bank of New York Mellon Corp (BK) lowered its dividend 63 percent to build capital, after a decline in fees resulting from falling equity markets caused first-quarter profit to decline more than expected.  Net income attributable to common shareholders declined 57 percent to $322 million, or 28 cents per share, from $746 million, or 65 cents per share, a year earlier, the bank said.

BK  indicating lower by 7% as of 8:30.  Uggghh.

Bank of New York Mellon Earnings (Reuters)

Full Disclosure: No Positions Mentioned

Tags: , ,

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. what is diamond painting commented on Sep 18

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  2. btc era commented on Sep 23

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  3. click here commented on Sep 30

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  4. immediate edge reviews commented on Oct 01

    … [Trackback]

    […] There you will find 56285 more Info on that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  5. https://immediate-edges.com commented on Oct 04

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  6. best wigs for cosplay commented on Oct 23

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  7. 토렌트사이트 commented on Dec 19

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  8. Regression Testing commented on Dec 20

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  9. cheap wigs commented on Jan 19

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]

  10. wigs for women commented on Jan 22

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2009/04/21/bony-mellon-spits-the-bit/ […]