Bank of New York Mellon Corporation (NYSE:BK), in a move that boosts the already-improving fortunes of Lower Manhattan, has decided to move its headquarters to Brookfield Place downtown, The Post has learned. The deal for about 350,000 square feet at 225 Liberty St., the former 2 World Financial Center, is likely to be announced on Thursday. The Bank of New York Mellon Corporation (NYSE:BK) stock performance was 0.75% in last session and finished the day at $36.24. Traded volume was 5.77million shares in the last session and the average volume of the stock remained 4.99million shares. The beta of the stock remained 1.20. The Bank of New York Mellon Corporation (NYSE:BK) insider ownership is 0.30%.
Plagued by an uncertain market environment, Janus Capital Group Inc (NYSE:JNS) is facing challenges in reducing its net outflows. Nevertheless, the company’s diversification strategy that focuses on product innovation and multi-boutique approach has helped in lowering overall net outflows. Net outflows decreased to $1.5 billion in first-quarter 2014 from $3.9 billion in the prior-year quarter. We remain optimistic about the efforts being taken by the company and expect Janus Capital to experience overall net inflows in the near term. Janus Capital Group Inc (NYSE:JNS) rose 3.86 percent to $12.91 Wednesday on volume of 4.70million shares. The intra-day range of the stock was $12.33 to $12.93. Janus Capital Group Inc (NYSE:JNS) has a market capitalization of $2.45billion.
Veteran local commercial real estate official Tom Frye announced Wednesday he will step down as managing director of the Nashville office of CBRE, effective at year’s end. John Ferguson, president of the CBRE Group Inc (NYSE:CBG), Southeast Region, said Frye has been at the forefront of the CBRE Nashville office’s “strong, consistent growth.” CBRE Group Inc (NYSE:CBG)’s stock on June 25, 2014 reported a increase of 0.98% to the closing price of $31.80. Its fifty two weeks range is $21.24 -$31.82. The total market capitalization recorded $10.56billion. The overall volume in the last trading session was 1.91million shares. In its share capital, CBG has 332.03million outstanding shares.
HCC Insurance Holdings Inc (NYSE:HCC) CAO Pamela J. Penny sold 20,000 shares of HCC Insurance Holdings stock on the open market in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $46.94, for a total value of $938,800.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,516 shares of the company’s stock, valued at approximately $634,441.On Wednesday, shares of HCC Insurance Holdings, Inc. (NYSE:HCC) advanced 1.08% to close the day at $48.59. Company return on investment (ROI) is 10.00% and its monthly performance is recorded as 3.76%. HCC Insurance Holdings, Inc. (NYSE:HCC) quarterly revenue growth is 8.48%.
Argentina-based financial services provider Banco Macro SA (ADR) (NYSE:BMA) witnessed one of the bad performances in the New York stock exchange on Monday and the chances of more losses is not ruled out on Tuesday. It appeared that the financial sector stocks from the region suffered one of the worst days of trading in the U.S. bourse. The court ruling on Argentia’s appeal seemed to have had its effect on the financial sector stocks. Banco Macro SA (ADR) (NYSE:BMA) stock performance was 7.55% in last session and finished the day at $37.63. Traded volume was 289,663.00million shares in the last session and the average volume of the stock remained 209.68K shares. The beta of the stock remained 1.23.