Bank Of New York Mellon Corporation (NYSE:BK): Closing price $28.87
Chesapeake Energy Corporation (NYSE:CHK) faces a confrontation with investors and a bond trustee regarding its plan to redeem $1.3 billion worth of notes early. In a court filing, investors who own about $250 million of the notes argued that the plan would shortchange them, insisting that the notes are worth more and that the move would violate Chesapeake’s contractual obligations. Bank of New York Mellon also filed court papers against the plan, according to Reuters. BK shares closed up 0.91 percent on Wednesday at $28.87, and have been traded in a 52-week range of $19.30 to $28.72.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more