Canadian FinTech SS&C is reportedly accusing banking giant BNY Mellon of data misuse.The long-standing legal dispute is returning to court, Bloomberg News reported Monday (Feb 5), with SS&C — which provides operations services for investment managers — saying it is owed nearly $890 million by the banking giant.According to the report, the case began when SS&C uncovered information that led it to believe BNY had taken financial markets data and shared it with dozens of other entities, without permission and ...

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK) and Microsoft are joining forces to transform capital markets and the broader financial services industry. Using Microsoft Azure cloud and BNY Mellon's extensive financial data and analytics capabilities the platform will provide BNY Mellon's buy side and sell side clients with a leading data management solution. The global alliance between two of the world's leaders in their respective industries will help enable financial institutions to navigate ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024 to shareholders of record at the close of business on February 20, 2024. The ex-dividend date is February 16, 2024. The previous distribution announced in January was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected per ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yiel ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 2:The Bank of New York Mellon Corporation (BK) : This company which provides financial products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.The Bank of New York Mellon Corporation's shares gained 22.6% over the last three months compared with the S&P 500’s advance of 10.8%. The company possesses a ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 2:Veolia Environnement SA (VEOEY) : This environmental services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.Veolia Environnement has a PEG ratio of 0.49 compared with 2.01 for the industry. The company possesses a Growth Score of A.Coca-Cola FEMSA, S.A.B. de C.V. (KOF) : This Coca-Cola franchise ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 2:Coca-Cola FEMSA, S.A.B. de C.V. (KOF) : This Coca-Cola franchise bottling company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.4% over the last 60 days.Coca-Cola FEMSA has a price-to-earnings ratio (P/E) of 14.95, compared with 39.90 for the industry. The company possesses a Value Score of B.MGIC Investment Corporation (MTG) : ...

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) will report financial results for the first quarter 2024 on Tuesday, April 16, 2024. Materials will be posted to BNY Mellon's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may include other material information. Conference Call and Audio Webcast Access Investors a ...

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Have you been paying attention to shares of The Bank of New York Mellon Corporation (BK) ? Shares have been on the move with the stock up 7% over the past month. The stock hit a new 52-week high of $56.25 in the previous session. The Bank of New York Mellon Corporation has gained 7.7% since the start of the year compared to the 20.2% move for the Zacks Finance sector and the 18.8% return for the Zacks Banks - Major Regional industry.What's Driving the Outperformance?The stock has a great record of positive ...