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Company News for Oct 18, 2022

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  • Shares of The Bank of New York Mellon Corporation (BK - Free Report) jumped 5.1% after the company reported third-quarter 2022 earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.10 per share.
  • The Goldman Sachs Group, Inc.’s (GS - Free Report) shares gained 2.25 on reports that the financial giant is planning to merge its investment banking and trading businesses into a single unit.
  • Shares of Credit Suisse Group AG gained 3.6% on reports that the company is gearing up to sell a part of its Swiss domestic bank in a bid to raise capital.
  • Archaea Energy Inc.’s shares surged 54.2% after the company agreed to an acquisition by BP p.l.c. (BP - Free Report) for $26 per share.

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