HFF Inc., a Pittsburgh-based commercial real estate broker with offices nationwide, reported 2009 fourth-quarter net income of $1.5 million or 9 cents per share compared to a net loss of $200,000 or 1 cent per share in the fourth quarter of 2008. The company's fourth-quarter revenues of $27.2 million were about $2.3 million, or 9.3 percent, higher than the 2008 fourth-quarter revenues of $24.9 million. For the full year ended Dec. 31, HFF reported total revenues of $77.5 million, which was a decrease of $54.2 million, or 41.2 percent compared with $131.7 million total revenues for the year ended Dec. 31, 2008.

Bank of New York Mellon CEO Robert Kelly's compensation was flat in 2009 at $14 million vs. $14.2 million in 2008, according to a preliminary proxy statement filed for the company's annual shareholders meeting. Mr. Kelly also was granted restricted stock with an intended value of $2.6 million for last year, but the award was made in early 2010 so it wasn't counted in last year's tally. BNY Mellon, which lost $1.4 billion last year, set its annual meeting for April 13 at the Omni William Penn Hotel, Downtown. Three shareholder proposals will be presented, including one that would restrict how quickly senior executives could cash in stock incentives.

The U.S. Department of Transportation fined US Airways $40,000 on Monday for violating rules that require airline price advertisements to disclose full prices to consumers. The department found that when customers searched the airline's website for one-way flights sorted by schedule, US Airways showed fares that did not include applicable taxes and fees, or any notice that additional charges would be required.

Citizens Financial Group said it would add nearly 500 ATMs at Sunoco APlus convenience stores in 13 eastern states, including 207 in Pennsylvania. Installation of the withdrawal-only machines is set to begin in May and be completed in June. The machines will be surcharge-free for Citizens Bank and Charter One customers.

Bank of New York Mellon said Monday that it agreed to buy BHF Asset Servicing in Germany for about $343 million. The deal, which is expected to close in the third quarter pending regulatory approvals, includes BHF Asset's fund administration affiliate, Frankfurter Service Kapitalanlage-Gesellschaft.

Eaton Corp.'s residential products division, based in Moon, received Eaton's Business Excellence Award. Alexander Cutler, chairman and CEO of the Cleveland-based company, presented the award Monday in a ceremony at Soldiers and Sailors Memorial Hall and Museum. ... Law firm K&L Gates will begin operating from its new offices on Sixth Avenue on March 22. It will relocate from the Henry W. Oliver Building on Smithfield Street to the building formerly known as One Oliver Plaza and now called K&L Gates Center. The law firm will occupy 14 floors in the 37-story tower. ... Huntington Bank has opened a branch at the Village at Pine in Wexford, its third office in the North Hills. A ribbon-cutting celebration is planned for March 15. ... Strong overseas growth for McDonald's Corp. in February outweighed U.S. sales that barely nudged upward as the world's largest fast-food chain posted a 4.8 percent increase in sales at restaurants open at least a year.

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