GO
Loading...

Bank of New York Mellon Corp

More

  • Defending Cramer's Sell Call Friday, 17 Oct 2008 | 1:10 PM ET

    Critics have labeled the Mad Money host irresponsible and inaccurate, but the market this week proved him right.

  • Dow Closes Up After 700-Point Swing Thursday, 16 Oct 2008 | 4:46 PM ET

    The Dow clawed its way back from a five-and-a-half year low, trading up more than 250 points heading into the final half hour of trading. The VIX, a gauge of fear in the market, soared to a new record above 80.

  • Dow Rallies in Volatile Session; VIX Soars Thursday, 16 Oct 2008 | 3:19 PM ET

    The Dow clawed its way back from a five-and-a-half year low, trading up more than 250 points heading into the final half hour of trading. The VIX, a gauge of fear in the market, soared to a new record above 80.

  • Dow Retests Last Week's Low; VIX Soars Thursday, 16 Oct 2008 | 12:18 PM ET

    Stocks turned lower after a drop in mid-Atlantic manufacturing in October and an unexpectedly sharp rise in oil inventories. The Dow hit a 5 1/2-year low, while the VIX, a gauge of fear in the market, soared to a new record above 80.

  • Stocks Turn Lower on Big Manufacturing Drop Thursday, 16 Oct 2008 | 10:44 AM ET

    Stocks turned lower after reports showed more declines in the US industrial sector.

  • Futures Jump After Inflation, Jobless Reports Thursday, 16 Oct 2008 | 9:30 AM ET

    Futures popped higher Thursday after a tame inflation report and lower-than-expected reading on weekly jobless claims.

  • The Good News On Inflation Thursday, 16 Oct 2008 | 9:17 AM ET

    At least there was some good economic news today: both CPI and core CPI were below expectations, so inflation concerns are indeed receding.

  • Bank of New York Mellon Profit Halved In Third Quarter Thursday, 16 Oct 2008 | 7:13 AM ET

    The financial crisis slows business activity and pressured margins, but the company still managed to beat analysts' EPS expectations.

  • Finding Value in Financials Wednesday, 15 Oct 2008 | 12:39 PM ET

    Jonathan Vyorst, manager of the Paradigm Value Fund, sees opportunities in financials.

  • Drama Behind $250 Billion Banking Deal Wednesday, 15 Oct 2008 | 6:54 AM ET
    Financial Crisis

    The chief executives of the nine largest U.S. banks trooped into a gilded conference room at the Treasury Department at 3 p.m. Monday. To their astonishment, they were each handed a one-page document that said they agreed to sell shares to the government, the New York Times reports.

  • Washington Fends Off Shorts, Banks Breathe Easy Tuesday, 14 Oct 2008 | 7:28 PM ET

    That most recent of bailout plans does more than just save us from another Great Depression. Cramer explains.

  • Bank Rescue: Slippery Slope? Tuesday, 14 Oct 2008 | 6:53 PM ET

    "I think we’re clearly becoming socialist," says an irate Jeff Macke on Fast Money. "The only bank stocks to own are..."

  • Dow Skids as Banks Rally but Techs Drag Tuesday, 14 Oct 2008 | 4:38 PM ET

    Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range.  The tech-heavy Nasdaq lost 3.5 percent.

  • Bank of New York Will Oversee Bailout Fund Tuesday, 14 Oct 2008 | 3:14 PM ET
    Financial Crisis

    The Bank of New York is expected to be named the master custodian firm overseeing the Treasury Department’s bailout fund, the New York Times reports.

  • Why Banking Stocks Are a Buy: Fund Manager Tuesday, 14 Oct 2008 | 2:09 PM ET

    The government is starting to purchase stakes in financials, so should investors follow suit? Michael Cuggino, manager of the Permanent Portfolio Fund, says yes.

  • The US government outlined three new initiatives to aid financial institutions amid a historic credit crunch that has frozen lending around the world.

  • Busch: Patient "Saved" But Growth Lost? Tuesday, 14 Oct 2008 | 10:41 AM ET
    Andrew Busch

    Today, the US Treasury, the Federal Reserve, and the FDIC announced measures to stabilize the financial markets, to build capital to increase the flow of financing to U.S. businesses and consumers, and to support the U.S. economy.

  • Dow Jumps More Than 300 at the Open Tuesday, 14 Oct 2008 | 9:40 AM ET

    Stocks shot out of the gate Tuesday, a nice chaser to the Dow's biggest one-day point gain in history, after the government announced a plan to buy stakes in the nation's largest financial institutions.

  • Wall Street in Mood to Rally Again Tuesday, 14 Oct 2008 | 9:28 AM ET

    Wall Street looked set for another rally Tuesday, after the Dow recorded the biggest one-day point gain ever on Monday, as world markets continued to surge.

  • Week Ahead: Thawing The Glacial Credit Freeze Sunday, 12 Oct 2008 | 9:14 PM ET
    Traders at the NY Stock Exchange

    Stocks will take their cue from credit markets in the week ahead and whether they are responding to any of the government's efforts to thaw the glacial credit freeze.