NEW YORK, July 24, 2017 /PRNewswire/ --

If you want a Stock Review on BK, BX, IVZ, or KKR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on The Bank of New York Mellon Corp. (NYSE: BK), The Blackstone Group L.P. (NYSE: BX), Invesco Ltd (NYSE: IVZ), and KKR & Co. L.P. (NYSE: KKR). These stocks belong to the Asset Management industry, which is responsible for professionally managing assets owned by a broad range of institutional and individual investors. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Bank of New York Mellon 

New York headquartered The Bank of New York Mellon Corp.'s stock saw a drop of 1.02%, finishing last Friday's trading session at $53.36. A total volume of 5.67 million shares was traded, which was above their three months average volume of 4.75 million shares. The Company's shares have gained 7.60% in the last month, 14.14% over the previous three months, and 12.62% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.11% and 13.60%, respectively. Additionally, shares of the Company have a Relative Strength Index (RSI) of 67.56.

On July 17th, 2017, Bank of New York Mellon announced that Charles W. Scharf, 52, has been appointed CEO and a Director of the Company, effective immediately, and will become Chairman of the Board of Directors, effective January 01st, 2018. Gerald L. Hassell, 65, will continue to serve as Chairman of the Board through December 31st, 2017, working closely with Mr. Scharf to ensure a seamless transition of responsibilities. See our free and comprehensive research report on BK at:

http://dailystocktracker.com/registration/?symbol=BK

Blackstone 

Shares in New York-based The Blackstone Group L.P. ended at $34.42, rising 0.41% from the last trading session. The stock recorded a trading volume of 3.03 million shares. The Company's shares have advanced 4.43% in the past month, 13.67% over the previous three months, and 27.34% since the start of this year. The stock is trading 5.35% and 16.88% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Blackstone have an RSI of 65.11.

On July 06th, 2017, Blackstone Group announced that funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities entered into a definitive agreement to acquire International Market Centers, Inc., the world's largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, L.P. and funds managed by Oaktree Capital Management, L.P. Fireside Investments is also expected to partner with Blackstone in the acquisition. BX free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=BX

Invesco 

On Friday, shares in Invesco Ltd recorded a trading volume of 1.75 million shares. The stock declined 0.25%, closing the day at $36.05. The Company's shares have gained 3.59% in the last one month, 15.25% over the previous three months, and 18.82% on an YTD basis. The stock is trading 6.00% above its 50-day moving average and 13.29% above its 200-day moving average. Additionally, shares of Invesco have an RSI of 62.79.

On June 30th, 2017, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock, with a target price of $41 per share.

On July 12th, 2017, Invesco reported preliminary month-end assets under management (AUM) of $858.3 billion, a decrease of 0.1% month-over-month. The decrease was driven by PowerShares QQQs outflows, unfavorable market returns, and net long-term outflows; partially offset by positive foreign exchange and an increase in Money Market AUM. FX increased AUM by $1.6 billion. Preliminary average total AUM was $849.2 billion, and preliminary average active AUM was $692.4 billion for the quarter through June 30th, 2017. Sign up for your complimentary report on IVZ at:

http://dailystocktracker.com/registration/?symbol=IVZ

KKR & Co. 

At the close of trading on Friday, shares in New York-based KKR & Co. L.P. recorded a trading volume of 3.12 million shares, which was higher than their three months average volume of 2.53 million shares. The stock finished the session 0.36% higher at $19.38. The Company's shares have gained 4.47% in the past month, 13.73% in the previous three months, and 25.93% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.76% and 12.77%, respectively. Furthermore, shares of KKR & Co. have an RSI of 60.15.

On July 17th, 2017, KKR & Co. and leading hospital-management company Radiant Life Care announced the signing of a definitive agreement under which the former will invest approximately US$200 million to acquire a 49% stake in Radiant. Working together, KKR, Radiant's management team, and its promoter, Abhay Soi, Chairman and Managing Director of Radiant, will expand the Company's footprint across India to make high-quality health care services more accessible to customers across the country and from overseas.

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA