BNY Mellon Reschedules Fourth-Quarter Results, to Report Today

Discussion in 'Stocks' started by ASusilovic, Jan 20, 2009.

  1. Jan. 20 (Bloomberg) -- Bank of New York Mellon Corp., the world’s largest asset custodian, will report fourth-quarter earnings today instead of Jan. 22 as originally planned.

    The firm’s Tier 1 Capital Ratio probably rose to 13.1 percent as of Dec. 31 from 9.3 percent on Sept. 30, the New York-based company said today in a statement. The tangible capital equity ratio fell to 3.8 percent from 3.9 percent in the third quarter, according to the statement.

    BNY Mellon will report fourth-quarter earnings at about 4:30 p.m. New York time, followed by a conference call at 5 p.m., the company said.