Hot Stocks: Bank of New York Mellon Corp (NYSE:BK), Twitter Inc (NYSE:TWTR), Darden Restaurants, Inc. (NYSE:DRI)

On Tuesday, Shares of Bank of New York Mellon Corp (NYSE:BK), added 1.28% and closed at $40.20 in the last trading session. The last trading range of the stock ranges between $39.63 and $40.40. BNY Mellon, a global leader in investment administration and investment services, declared recently that its Board of Directors has elected Elizabeth Robinson, the former Global Treasurer of The Goldman Sachs Group, Inc., as an independent director, effective right away. With the addition of Robinson, BNY Mellon’s Board will have 12 directors, 11 of whom are independent.  Robinson will also be included in BNY Mellon’s slate of nominees for election to the Board at the 2017 Annual Meeting of Shareholders.

“We are delighted to welcome Liz to our Board,” said BNY Mellon Chairman and Chief Executive Officer Gerald L. Hassell. “Liz will be a great asset to BNY Mellon as we continue to execute on our planned and regulatory programs.”

Robinson will join the Finance and Risk Committees of BNY Mellon’s Board of Directors.

Twitter Inc (NYSE:TWTR), dropped -2.00% and closed at $23.52 in the last trading session. The last trading range of the stock ranges between $23.34 and $23.79. The company’s Market capitalization is $17.33 Billion with the total Outstanding Shares of 707.73 million. Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, counting Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that facilitates user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that facilitate its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content.

Darden Restaurants, Inc. (NYSE:DRI), gained 0.59% and closed at $61.72 in the last trading session. The last trading range of the stock ranges between $61.29 and $63.90. During the 52-week trading session the minimum price at which share price traded, registered at $53.38 and reached to max level of $68.68. Darden Restaurants, Inc., (DRI) recently stated its financial results for the first quarter ended August 28, 2016.

First Quarter 2017 Financial Highlights As Compared To Same Fiscal Quarter Last Year

  • Total sales from continuing operations raised 1.6% to $1.71 billion
  • Stated diluted net earnings per share from continuing operations raised 39.7% to $0.88 and raised 29.4% from last year’s adjusted diluted net earnings per share*
  • The Company repurchased about $196 million of its outstanding common stock during the quarter
  • Same-restaurant sales raised 1.3% for the quarter

“I’m happy with our performance during the quarter and the progress we made against our planned programs,” said CEO Gene Lee.  “We continued to gain market share and our same-restaurant sales growth outperformed the industry by a considerable margin.  We also returned noteworthycapital to shareholders in the form of our regular dividend and $196 million in share repurchases.”

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