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Bank of New York Mellon Q3 Earnings Up, Beats Analyst's Call by a Penny

BNY Mellon Sign
The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.
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AMD Appoints Mark Papermaster as CTO

Advanced Micro Devices Inc said it hired Mark Papermaster as Chief Technology Officer to oversee the company's product development roadmap and its R&D division.
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A Spanish flag flutters over the Colon square in central Madrid

Downgrade of Spain Ups Pressure on EU to Act

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.
Will Smith and Jada Pinkett Smith

Will Smith, Jada Pinkett Are Minority Owners of Philadelphia 76ers

Will Smith and his wife Jada Pinkett Smith are among the new group of owners of the Philadelphia 76ers. The new CEO Adam Aron has already announced several changes to ticket pricing that will make it more affordable and a Web site has been launched for soliciting fans' feedback.
Porcelain Raft

CMJ Music Marathon Descends on New York, Grows up

The CMJ Music Marathon kicks off in New York on Tuesday, with 1,300 bands descending on dozens of venues throughout Manhattan and Brooklyn. The dense five-day schedule festival has become an annual ritual for unknown artists hoping to gain a crucial blog post or accolade that will propel them to internet stardom, however brief.
Gilad Shalit release

Gilad Shalit: 5 Things to Know about Israeli's Release

Gilad Shalit was released on Tuesday, after being held captive for five years by Palestinian political group Hamas. After years of protests, failed compromises and international outrage, the Israeli solder was finally reunited with his family.
Actress Bette Midler poses for a portrait during a media day promoting the film ''Then She Found Me'' in New York

Bette Midler to auction iconic stage costumes

Bette Midler's famous mermaid stage costume, the Valentino gown she wore to the 1992 Oscars and a collection of headdresses are all going up for auction in November, Julien's Auctions said on Tuesday.

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