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Breakfast Technical Briefing on Asset Management Stocks -- Bank of New York Mellon, Blackstone, Invesco, and KKR & Co.
[September 11, 2017]

Breakfast Technical Briefing on Asset Management Stocks -- Bank of New York Mellon, Blackstone, Invesco, and KKR & Co.


NEW YORK, September 11, 2017 /PRNewswire/ --

If you want a Stock Review on BK, BX, IVZ, or KKR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The Asset Management industry is an integral component of the global Financial Services sector, and is responsible for professionally managing assets owned by a broad range of institutional and individual investors. Pre-market today, DailyStockTracker.com takes a closer look at the most recent performance of The Bank of New York Mellon Corp. (NYSE: BK), The Blackstone Group L.P. (NYSE: BX), Invesco Ltd (NYSE: IVZ), and KKR & Co. L.P. (NYSE: KKR). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Bank of New York Mellon 

New York headquartered The Bank of New York Mellon Corp.'s stock rose 0.30%, finishing last Friday's trading session at $50.43. A total volume of 4.95 million shares was traded, which was above their three months average volume of 4.15 million shares. The Company's shares have gained 2.09% over the previous three months and 6.44% since the start of this year. The stock is trading above its 200-day moving average by 3.72%. Additionally, shares of the Company, which provides financial products and services to institutions, corporations, and high net worth individuals in the US and internationally, have a Relative Strength Index (RSI) of 34.36.  

On August 31st, 2017, Bank of New York Mellon announced that Thomas P. Gibbons, Vice Chairman and CFO of BNY Mellon, and Brian T. Shea, Vice Chairman and CEO of BNY Mellon Investment Services, will be presenting at the 2017 Barclays Global Financial Services Conference on September 11th, 2017, at 9:00 a.m. EDT in New York. They will discuss the Company's corporate strategy, opportunities for growth, capital management, and technology. See our free and comprehensive research report on BK at:

http://dailystocktracker.com/registration/?symbol=BK

Blackstone Group 

Shares in New York-based The Blackstone Group L.P. ended at $31.61, down 0.03% from the last trading session. The stock recorded a trading volume of 1.37 million shares. The Company's shares have advanced 16.94% since the start of this year. The stock is trading 2.52% above its 200-day moving average. Moreover, shares of Blackstone, which provides financial advisory services to its clients, have an RSI of 38.95.

On September 05th, 2017, Blackstone announced that Kelley Morrell will join the Company as a Managing Director and Head of Asset Management for its Tactical Opportunities business. In that role, she will be responsible for ongoing management and oversight of the group's investment portfolio, and creating and driving added-value initiatives alongside the investment team. BX free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=BX

Invesco 

On Friday, shares in Georgia-based Invesco Ltd recorded a trading volme of 2.16 million shares. The stock declined 0.19%, closing the day at $31.69. The Company's shares have gained 4.45% on an YTD basis. The stock is trading 2.36% below its 200-day moving average. Additionally, shares of Invesco, which provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds, have an RSI of 30.77.

On August 18th, 2017, Invesco announced that the Company has completed its acquisition of Source, a leading independent specialist provider of exchange-traded funds with approximately $18 billion of Source-managed assets, plus approximately $8 billion of externally managed assets under management as of June 30th, 2017.

On September 08th, 2017, research firm Barclays initiated an 'Overweight' rating on the Company's stock, with a target price of $38 per share. Sign up for your complimentary report on IVZ at:


http://dailystocktracker.com/registration/?symbol=IVZ

KKR & Co. 

At the close of trading on Friday, shares in New York-based KKR & Co. L.P. recorded a trading volume of 2.80 million shares. The stock finished the session 0.55% lower at $18.16. The Company's shares have gained 18.00% since the start of this year. The stock is trading above its 200-day moving average by 1.11%. Furthermore, shares of KKR, which specializes in direct and fund of fund investments in fintech sector, have an RSI of 40.04.

On September 01st, 2017, KKR & Co., Laser Clinics Australia ("LCA" or the "Company"), and The Growth Fund announced the signing of a definitive agreement under which KKR will acquire a majority stake in LCA, and existing investor The Growth Fund will retain a minority stake in the Company. As partners, KKR and The Growth Fund will assist LCA's management and franchise network in growing the Company through the continued expansion of the clinic network, the introduction of new product and service offerings, and international expansion. Register for free on DailyStockTracker.com and download the latest research report on KKR at:

http://dailystocktracker.com/registration/?symbol=KKR

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