The Bank of New York Mellon Corporation (BK) ended last trading session with a change of 1.22 percent. It trades at an average volume of 6.12M shares versus 6.2M shares recorded at the end of last trading session. The share price of $47.96 is at a distance of 50.94 percent from its 52-week low and down -3.19 percent versus its peak. The company has a market cap of $50.67B and currently has 1.06B shares outstanding. The share price is currently 0.11 percent versus its SMA20, 3.4 percent versus its SMA50, and 16.52 percent versus its SMA200. The stock has a weekly performance of 0.8 percent and is 1.22 percent year-to-date as of the recent close.
Dec. 20, 2016 — The Bank of New York Mellon Corporation (BK) BNY Mellon’s Pershing LLC is pleased to announce that Mark Tibergien, chief executive officer and managing director of Pershing Advisor Solutions, has been named to InvestmentNews’ 2016 Icons & Innovators list. The recognition underscores Tibergien’s profound and lasting contributions to the financial advice industry.
“For four decades, Mark has been a formidable figure in the advisory business,” said Lisa Dolly, chief executive officer, Pershing LLC. “He is relentless in his commitment to advancing the profession and helping advisors stay ahead of evolving trends. This recognition underscores the extent of his contributions to the profession and our business.”
Synchrony Financial (SYF) recently recorded 2.18 percent change and currently at $37.06 is 60.88 percent away from its 52-week low and down -0.67 percent versus its peak. It has a past 5-day performance of 0.24 percent and trades at an average volume of 7.4M shares. The stock has a 1-month performance of 5.67 percent and is 2.18 percent year-to-date as of the recent close. There were about 828M shares outstanding which made its market cap $30.69B. The share price is currently 1.95 percent versus its SMA20, 11.59 percent versus its SMA50, and 26.6 percent versus its SMA200.
November 3, 2016 — Motivated to manage the stress of the season and their budgets, more than half of holiday shoppers plan to start their gift buying earlier this year to find deals and help spread out spending. Heading into the holidays, 55% of survey respondents are merrier about money and report a better household financial situation than last year, according to Synchrony Financial’s Annual Holiday Shopping Study.
Among shoppers who expect to spend more this season (34% vs. 32% last year), 45% attribute it to improved personal finances and increasingly longer lists – factors helping to drive a predicted holiday sales lift of between 3.6% and 4.0%,2 estimates Synchrony Financial (SYF), a premier consumer financial services company.