Summary
This 8-K filing by The Bank of New York Mellon Corporation (BK) on October 22, 2010, primarily serves to report on the company's third-quarter 2010 results and related financial information. The most significant event disclosed is the conduct of a conference call and webcast on October 19, 2010, to discuss these results. In conjunction with the call, the company made its "Quarterly Earnings Review" and "Financial Trends" information available on its website. These materials, designated as Exhibits 99.1 and 99.2, provide insights into the company's operational performance and financial condition for the third quarter of 2010. Investors should note that these provided exhibits contain information that may be considered "non-GAAP financial measures." The company states that management believes these measures are valuable for analyzing ongoing operations, facilitating comparisons, and understanding performance, particularly concerning revenue from taxable and tax-exempt sources. While furnished as part of the 8-K, these exhibits are not "filed" for the purposes of Section 18 of the Securities Exchange Act, meaning they do not carry the same legal implications as filed documents under that specific section.
Key Highlights
- 1BK held a conference call and webcast on October 19, 2010, to discuss its third-quarter 2010 financial results.
- 2The company made its "Quarterly Earnings Review" (Exhibit 99.1) and "Financial Trends" (Exhibit 99.2) available on its website in conjunction with the call.
- 3These exhibits provide detailed financial information and operational insights for the third quarter of 2010.
- 4The disclosed financial information may include non-GAAP financial measures, which management believes are useful for analysis.
- 5Management utilizes these non-GAAP measures to assess ongoing operations, make period-over-period comparisons, and evaluate revenue sources.
- 6Exhibits 99.1 and 99.2 are furnished, not filed, under Section 18 of the Securities Exchange Act of 1934.