Bank of New York Mellon Corporation (NYSE:BK), a global leader in investment management and investment services, has confirmed that its Brussels-based central securities depository, BNY Mellon CSD SA/NV, has been accepted as a recognized system for settling transactions in securities listed on the two markets operated by the Luxembourg Stock Exchange. The Bank of New York Mellon Corporation (NYSE:BK) stock opened at $32.24 in last session, and closed at $32.40, while the day range of BK stock is $32.17-$32.49. The stock showed a positive weekly performance of 3.02%.
Investment analysts at Argus hoisted their price objective on shares of The Blackstone Group L.P. (NYSE:BX) from $32.00 to $40.00 in a note issued to investors on Thursday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Argus’ price target would indicate a potential upside of 19.94% from the stock’s previous close. The Blackstone Group L.P. (NYSE:BX) stock opened at $33.14, in last session and closed at $33.66, by gained 3.00%.The 52 week range was $18.55-$33.81.Company’s market capitalization is $21.94 billion.
Senior Vice President of American Capital Ltd (NASDAQ:ACAS), Darin Winn off loaded 164,042 shares of the company stock in the open market in the transaction that was dated Friday, 21 February. These shares were sold-off at the average price of $16.11, and the total value of the transaction was $2,642,716.62. Post this transaction, the DVP now directly owns 325,688 shares American Capital Ltd (NASDAQ:ACAS), valued at around$5,246,834. This transaction was disclosed in the company filing with the SEC. American Capital Ltd. (NASDAQ:ACAS) stock gained 1.63% and finished the last session at $15.56.The EPS of the stock remained 1.61.Company’s market capitalization is $4.20 billion.
Prospect Capital Corporation (NASDAQ:PSEC) announced it has increased the revolving credit facility by $45.0 million to $757.5 million collectively. The Facility comprises of an element that enables the company to accept an aggregate of $1.0 billion of revolving commitments. The company plans to meet this target with help of existing and additional lenders. According to Prospect’s CFO, they will look for potential contributor to support their commitment to reach the target. Prospect Capital Corporation (NASDAQ:PSEC) stock opened the session at $11.05, and closed the session at $10.89.The 52 week range of the PSEC stock remained $10.15-$11.62 and the day range was $10.87-$11.08.