Mellon Financial Reports 3Q Earnings in Line With Estimates - TheStreet

Mellon Financial

(MEL)

reported third-quarter earnings in line with analysts' expectations.

The banking and financial services company reported net income of $252 million, or 51 cents a share, in the latest third-quarter, meeting the 21-analyst

First Call/Thomson Financial

consensus estimate. The company earned $236 million, or 46 cents a share, in the year-ago quarter.