WRAPUP 5-U.S. hiring accelerates; annual wage growth strongest since 2009 [Reuters]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: Reuters
U.S. hiring accelerates; annual wage growth strongest since 2009 | Reuters 6 Min Read WASHINGTON (Reuters) - U.S. job growth surged in January and wages increased further, recording their largest annual gain in more than 8-1/2 years, bolstering expectations that inflation will push higher this year as the labor market hits full employment. Nonfarm payrolls jumped by 200,000 jobs last month after rising 160,000 in December, the Labor Department said on Friday. The unemployment rate was unchanged at a 17-year low of 4.1 percent. Average hourly earnings rose 0.3 percent in January to $26.74, building on December’s solid 0.4 percent gain. That boosted the year-on-year increase in average hourly earnings to 2.9 percent, the largest rise since June 2009, from 2.7 percent in December. Workers, however, put in fewer hours last month. The average workweek fell to 34.3 hours, the shortest in four months, from 34.5 hours in December. The robust employment report underscored the strong momentum i
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BK
News
- The Bank of New York Mellon Co. (NYSE: BK) had its price target raised by analysts at Jefferies Financial Group Inc. from $67.00 to $68.00. They now have a "buy" rating on the stock.MarketBeat
- Bank of New York Mellon First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- The Bank of New York Mellon Co. (NYSE: BK) had its price target raised by analysts at Bank of America Co. from $64.00 to $66.00. They now have a "buy" rating on the stock.MarketBeat
- Jack Malvey, Bond Market Expert Who Worked at Lehman, Dies at 72 [BNN Bloomberg (Canada)]BNN Bloomberg
- BNY Mellon's (BK) Q1 Earnings Beat, AUM & Fee Income Rise [Yahoo! Finance]Yahoo! Finance
BK
Earnings
- 4/16/24 - Beat
BK
Sec Filings
- 4/18/24 - Form 144
- 4/18/24 - Form NPORT-P
- 4/18/24 - Form NPORT-P
- BK's page on the SEC website