Mellon Financial Corp.

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earnings and mellon financial corp. - All News and Analysis

• Pittsburgh-Based Mellon Financial Corporation Lowers Profit Expectations.

  - 2002-07-17

  By Pamela R. Winnick, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Jul. 17--Mellon Financial Corp.'s second-quarter earnings almost doubled those of a year ago, when the company had losses on the sale of leasing businesses. But earnings from continuing operations were flat, and the...

  Tags: Banking, earnings, FINANCE, Mellon Financial Corp.

• Citizens Financial Group Notes 2001 Cash Operating Earnings of $475 Million.

  - 2002-03-01

  By Eileen Kennedy, The Telegraph, Nashua, N.H. Knight Ridder/Tribune Business News Mar. 1--NASHUA, N.H.--Citizens Financial Group Inc., better known as Citizens Bank, had a good year last year, and its 83 New Hampshire branches contributed to that success. The company reported...

  Tags: asset, bank, Citizens Financial Group Inc., earnings, FINANCE, Mellon Financial Corp., Mortgages

• Citizens Financial Notes 27 Percent Increase in 2001 Cash Operating Earnings.

  - 2002-03-01

  The Day, New London, Conn. Knight Ridder/Tribune Business News Mar. 1--Citizens Financial Group, Inc., parent company of New London-based Citizens Bank of Connecticut, has reported record cash operating earnings of $475 million for the year 2001, up 27 percent from the $375...

  Tags: amortization, asset, earnings, FINANCE, goodwill, Investment, Mellon Financial Corp., merger

• Strong Gains Put Citizens Financial Group in Buy Mode.

  - 2002-02-01

  By Lisa Biank Fasig, Providence Journal, R.I. Knight Ridder/Tribune Business News Feb. 1--PROVIDENCE, R.I.--Crediting strong deposit and loan growth and a successful expansion into Pennsylvania, Citizens Financial Group yesterday posted a near 39-percent gain in profits last year, while its parent fueled speculation...

  Tags: earnings, FINANCE, financial, Investment, Mellon Financial Corp., Royal Bank of Scotland

• Mellon reaps healthy reward.

  - 2001-10-29

  You have to be in remarkably fine fettle to lose 10% of your business in just 12 months and still record increased earnings, and yet that is precisely what has happened to Mellon Financial Corporation's global investment services business. Its assets under custody have...

  Tags: asset, Benefits, earnings, equity, FINANCE, foreign-exchange, Investment, Mellon Financial Corp., revenue

• Pittsburgh Post-Gazette Analyst's Corner Column.

  - 2001-07-22

  Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Jul. 22--BLACK BOX DOWNGRADED: Parker/Hunter Inc. downgraded Black Box Corp. [Ticker: BBOX], the Lawrence, Washington County-based networking services and products company, from a "buy" rating to "market performer" in anticipation of disappointing revenues. ...

  Tags: analyst, earnings, FINANCE, Investment, Mellon Financial Corp., network, NETWORKING, revenue, stock, TELECOMMUNICATIONS, Telephony, Tollgrade Communications Inc.

• Pittsburgh Post-Gazette Business Briefs Column.

  - 2001-07-18

  Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Jul. 18-- LIBRARY ENDS COMPUTER SERVICE: The Carnegie Library of Pittsburgh has discontinued a free dial-in service that allowed people to access a text-based version of Three Rivers Free-Net from their home computers. Library officials...

  Tags: earnings, FINANCE, Mellon Financial Corp.

• A Drag on Earnings

  - 2001-01-02

  Many banks are finding that running their own mutual funds is hurting their earnings growth, and some are pondering how to get out of the business. Setting up a mutual fund, or a family of mutual funds. Only a few years ago, it seemed like such a perfect match:...

  Tags: asset, bank, Benefits, earnings, FINANCE, Investment, Mellon Financial Corp., Morgan