While The Bank of New York Mellon Corp. (NYSE: BK) swung to a significant loss for the third quarter of $2.05 per share compared with income of 26 cents per share in the year ago period, the results were better than expected. The stock price climbed $1.67 to close at $28.90.
Bank Of New York Mellon Tops Estimates
October 20, 2009 at 17:04 PM EDT
