Bank of NY Mellon earnings beat by $0.03, revenue topped estimates
Investing.com – Bank of NY Mellon (NYSE: BK) reported fourth quarter EPS of $1.54, $0.03 better than the analyst estimate of $1.51. Revenue for the quarter came in at $4.85B versus the consensus estimate of $4.64B. Bank of NY Mellon’s stock
UnitedHealth investors await details behind 2025 outlook after exec’s murder
By Sriparna Roy and Amina Niasse (Reuters) – Analysts and investors are awaiting details behind UnitedHealth Group (NYSE:UNH)’s 2025 outlook when it reports quarterly results on Thursday, after its investor day presentations were canceled last month by the murder of executive
Republican bill seeks to curtail US FTC’s merger-busting powers
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission’s merger-busting, antitrust enforcement powers are coming under threat as conservatives look to harness President-elect Donald Trump’s support for limiting government. On Tuesday, U.S. Representative Ben Cline, a Republican from Virginia, reintroduced the
ECB should cut rates to 2% by the summer if easing inflation confirmed – Villeroy
Investing.com – The European Central Bank should lower interest rates down to 2% by the summer if inflationary pressures cool as expected in the coming quarters, Governing Council member Francois Villeroy de Galhau said on Wednesday. Speaking to French lawmakers, Villeroy
US financial deregulation would raise crisis risks, French central bank chief says
PARIS (Reuters) – Any moves to pursue financial deregulation by the incoming U.S. administration would increase the risk of a financial crisis occurring one day, France’s central bank governor warned on Wednesday. U.S. President-elect Donald Trump’s return to office has raised