Analytical Reports on The Bank of New York Mellon Corporation and Legg Mason Inc. - Asset Managers Target Improved Operating Ef
April 09, 2012 08:15 ET
Analytical Reports on The Bank of New York Mellon Corporation and Legg Mason Inc. - Asset Managers Target Improved Operating Efficiency
NEW YORK, NY--(Marketwire - Apr 9, 2012) - [ www.SignalWatcher.com ] provides members with proprietary analysis of over 10,000 stocks which is updated every day. Today, members can receive their complimentary stock analysis on The Bank of New York Mellon Corporation (
Market fluctuations and a cloudy economic outlook have put a premium on lowering expenses and streamlining operations for asset managers.
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Rising costs have affected nearly all asset managers but legal battles have compounded this problem for a select few. The Bank of New York Mellon Corp. was relieved to hear that five out of nine claims brought against it were dismissed in a California court last week. The remaining four will be moved to out of state courts but the dismissal bodes well not only for BNY's bottom-line but also for its relationships with clients. [ www.SignalWatcher.com ] gives traders a unique insight about The Bank of New York Mellon Corporation by registering now at [ http://signalwatcher.com/BK/April092012.php ].
Lowering expenses and streamlining operations has also become a greater priority for asset managers amidst economic uncertainty. Legg Mason Inc. is moving closer to its goal of slashing expenses by $140 million by the end of fiscal 2012. [ www.SignalWatcher.com ] gives traders a unique insight about Legg Mason Inc. by registering now at [ http://signalwatcher.com/LM/April092012.php ].
Moving forward, improved market conditions would be a welcome sign for asset managers but internal efforts to improve efficiency may yet create growth opportunities for several companies.
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