BB&T Reiterated at Neutral - Analyst Blog
We are maintaining our 'Neutral' recommendation on BB&T Corporation ( BBT ) based on its sound organic growth strategy and stable net interest margin (NIM). However, elevated
View ArticleNeutral Stance on SunTrust - Analyst Blog
We are maintaining our Neutral recommendation on SunTrust Banks, Inc. ( STI ) based on its successful expense reduction strategy and recently launched restructuring initiatives. However,
View ArticleHighwoods Expands in Greensboro - Analyst Blog
North Carolina-based real estate investment trust (REIT), Highwoods Properties Inc. ( HIW ) recently acquired two new Class A Greensboro-based office buildings for $32.8 million. The
View ArticleJPMorgan Preview: Will It Miss? - Analyst Blog
JPMorgan Chase & Co. ( JPM ) prepares to release its fourth-quarter 2012 results before the opening bell tomorrow, Wednesday, Jan 16. In the last quarter, it delivered a 15.7%
View ArticlePre-Market Earnings Report for January 18, 2013 : GE, SLB, MS, STT, JCI, STI,...
The following companies are expected to report earnings prior to market open on 01/18/2013. Visit our Earnings Calendar for a full list of expected earnings releases. General Electric Company
View ArticleSunTrust Beats on Higher Top Line - Analyst Blog
SunTrust Banks Inc. 's ( STI ) fourth-quarter 2012 earnings came in at 65 cents per share, marginally beating the Zacks Consensus Estimate of 61 cents. This is significantly ahead of the
View ArticleCompany News for January 22, 2013 - Corporate Summary
• The Progressive Corporation (NYSE: PGR ) posted fourth quarter earnings per share of $0.34, in line with the Zacks Consensus Estimate • SunTrust
View ArticleHSBC Settles Foreclosure Claims - Analyst Blog
Last week, HSBC Holdings plc ( HBC ) became the latest bank to announce a foreclosure settlement deal with the Office of the Comptroller of the Currency (OCC) and other U.S. banking
View ArticleBankUnited Beats, Top Line Up - Analyst Blog
BankUnited, Inc. ( BKU ) reported its fourth quarter 2012 earnings of 61 cents per share, substantially beating the Zacks Consensus Estimate of 48 cents. This also compares favorably with
View ArticleSunTrust Banks, Inc. (STI) Ex-Dividend Date Scheduled for February 27, 2013
SunTrust Banks, Inc. ( STI ) will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on March 15, 2013. Shareholders who
View ArticleSunTrust to Shutdown 40 Branches - Analyst Blog
SunTrust Banks, Inc. ( STI ) plans to shutter nearly 40 of its branches in the first quarter of this year. The CEO of the company announced the plans to trim branch network on Mar 5 at a
View ArticleThe Fed's Stress Test: Summary, Results And Implications
The country's banking sector came out with a much better report card after the Federal Reserve's stress test this time around with the number of bank holding companies (BHCs) failing the test
View ArticleFed Approves SunTrust's Capital Plan - Analyst Blog
SunTrust Banks, Inc . ( STI ) announced that its capital deployment plan, submitted under Comprehensive Capital Analysis and Review (CCAR), has been approved by the Federal Reserve.
View ArticleFed Okays BNY Mellon's Capital Plan - Analyst Blog
The Bank of New York Mellon Corporation ( BK ) announced that its capital deployment plan, submitted under the 2013 Comprehensive Capital Analysis and Review (CCAR) or the stress test, has
View ArticleSunTrust Remains Neutral - Analyst Blog
On Mar 18, 2013, we reiterated our long-term recommendation on SunTrust Banks, Inc . ( STI ) at Neutral based on its successful expense reduction strategies and restructuring initiatives as
View ArticleRegional and Multi-Regional Banks: Still Strong or Due a Correction?
By Greg Jensen Regional banks have been frustrating for investors since the financial crisis. They were a sexy pick by many to lead the recovery. Everything looked to be in place; those that
View ArticlePre-Market Earnings Report for April 19, 2013 : GE, MCD, SLB, HON, KMB, STT,...
The following companies are expected to report earnings prior to market open on 04/19/2013. Visit our Earnings Calendar for a full list of expected earnings releases. General Electric Company
View ArticleSunTrust Beats on Earnings, Rev Lags - Analyst Blog
SunTrust Banks, Inc .'s ( STI ) first-quarter 2013 earnings came in at 63 cents per share, marginally beating the Zacks Consensus Estimate of 61 cents. This also comes significantly ahead
View ArticleGeneral Motors Traders Are Upbeat on Earnings Eve
General Motors Company ( GM ) has been a technical standout over the past year, sporting a 52-week gain of more than 32%. On a more recent note, the stock has outperformed the broader
View ArticleStocks Spiral Lower as Fed Fails to Surprise
"The Fed's interest-rate decision got the headlines, but the market was firmly in the red before the news even came out," observed Schaeffer's Senior Technical Strategist Ryan Detrick,
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