A New York state judge on Thursday tossed Repsol SA’s $50 million breach of contract suit claiming Bank of The Bank of New York Mellon Corporation (NYSE:BK)ignored its voting instructions when electing Argentinian oil company YPF SA’s board, ruling Repsol did not technically own the shares. The Bank of New York Mellon Corporation (NYSE:BK) stock opened at $31.64 in last trading session, and closed at $31.79, trading in the range of $31.39 – $31.84. The stock showed a negative weekly performance of -0.53%.
Steve Schwarzman is stepping up his effort to profit from the beaten-down US housing market. The billionaire’s The Blackstone Group L.P. (NYSE:BX), already the largest single-family home landlord in the US, this week will — through a newly created unit — write its first residential mortgage, The Post has learned. The unit, B2R Finance, will start originating loans to buyers of multiple single-family homes, sources said. The Blackstone Group L.P. (NYSE:BX) shares closed at $31.34 on last trade day, by gaining 0.26%. Stock 52 week range is $17.92 – $33.41. Company’s market capitalization is $17.70 billion.
State Street Corp. (NYSE:STT) EVP Peter O’neill sold 12,600 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $65.18, for a total value of $821,268.00. Following the sale, the executive vice president now directly owns 121,465 shares in the company, valued at approximately $7,917,089. State Street Corporation (NYSE:STT) stock advanced 3.50% and finished the last session at $68.23. The EPS of the stock remained 4.39. Company’s market capitalization is $29.95 billion.
Research analysts at Citigroup Inc. boosted their price target on shares of INVESCO (NYSE:IVZ) from $44.00 to $48.00 in a report released on Friday, StockRatingsNetwork.com reports. Citigroup Inc.’s target price points to a potential upside of 47.87% from the stock’s previous close. Invesco Ltd. (NYSE:IVZ) stock opened at $32.95 in last trading session and closed at $32.88. The 52 week range of the stock is $25.46 – $36.88 and the day range was $32.45 – $33.39.