BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Hamilton's Bank of New York Mellon will continue to endure]]>http://www.bloggingstocks.com/2009/08/03/hamilton-s-bank-of-new-york-mellon-will-continue-to-endure/http://www.bloggingstocks.com/2009/08/03/hamilton-s-bank-of-new-york-mellon-will-continue-to-endure/http://www.bloggingstocks.com/2009/08/03/hamilton-s-bank-of-new-york-mellon-will-continue-to-endure/#commentsFiled under: ,

Just call it an extended buying opportunity for one of the most trusted banks in the United States. I'm Reiterating my Buy rating for Bank of New York Mellon (NYSE: BK), first recommended on April 6, 2009 at a price of $28.16.

Founded by Alexander Hamilton, perhaps my favorite U.S. Constitution Framer, The Bank of New York provides services that enable institutions and individuals to move and manage their financial assets in more than 100 markets globally. The core of BK's business, custodial services, is doing just fine, with $16 trillion in assets under custody. The First Call FY2009/FY010 EPS estimates for BK are $2.06 to $2.51.

Continue reading Hamilton's Bank of New York Mellon will continue to endure

Hamilton's Bank of New York Mellon will continue to endure originally appeared on BloggingStocks on Mon, 03 Aug 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>banksfinancial stocksFinancialStockshamiltonMon, 03 Aug 2009 17:00:00 EST