Ellison named president of Sheffield Financial
PR Newswire - Mon Aug 01, 12:00PM CDT
Sheffield Financial, a division of Branch Banking and Trust Company, today announced Jeff Ellison has been named president effective Aug 1. This position was held previously by Jack Snow who will continue to serve as Sheffield's CEO.
BBT: 37.14 (+0.76)
The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: KeyCorp, SunTrust Banks, Fifth Third Bancorp, BB&T and Comerica
FITB: 18.96 (+0.38), BBT: 37.14 (+0.76), STI: 42.05 (+0.68), KEY: 11.67 (+0.22), CMA: 44.73 (+0.73)
BB&T (BBT) Cuts Jobs as It Exits Equity Research Business
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:15AM CDT
BB&T Corporation (BBT) the second-largest lender of North Carolina announced the closure of its equity research coverage unit, along with curtailing of its institutional sales and trading activity.
HMST: 22.85 (+0.23), BBT: 37.14 (+0.76), RM: 19.50 (+0.33), STBZ: 21.90 (+0.33)
Bank Stock Roundup: Q2 Earnings Coming to an End; KeyCorp, BB&T in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:26AM CDT
Over the last five trading days, we have seen the last phase earnings releases for the second quarter by U.S. banks.
FITB: 18.96 (+0.38), COF: 66.55 (+0.25), BBT: 37.14 (+0.76), JPM: 64.66 (+1.01), C: 43.89 (+0.90), STI: 42.05 (+0.68), WFC: 47.57 (-0.13), KEY: 11.67 (+0.22), PNC: 83.86 (+2.20), CMA: 44.73 (+0.73)
Zacks Industry Outlook Highlights: JPMorgan, U.S. Bancorp and BB&T
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 8:30AM CDT
Zacks Industry Outlook Highlights: JPMorgan, U.S. Bancorp and BB&T
BBT: 37.14 (+0.76), JPM: 64.66 (+1.01), USB: 42.13 (+0.70)
U.S. Banks Stock Outlook - July 2016
Kalyan Nandy - Zacks Investment Research - Thu Jul 28, 1:49PM CDT
U.S. Banks Stock Outlook - July 2016
BBT: 37.14 (+0.76), JPM: 64.66 (+1.01), USB: 42.13 (+0.70)
State Street (STT) Beats on Q2 Earnings as Expenses Fall
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:10AM CDT
Lower costs driven by a successful expense savings initiative led State Street's second-quarter 2016 operating earnings of $1.46 per share, which handily surpassed the Zacks Consensus Estimate of $1.26.
STT: 65.84 (+0.51), BBT: 37.14 (+0.76), KEY: 11.67 (+0.22), BK: 39.22 (+0.42)
Coverage Initiated on Select Financial Stocks
ACCESSWIRE - Mon Jul 18, 8:18AM CDT
LONDON, UK / ACCESSWIRE / July 18, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Financial sector. Companies recently under review include Regions Financial, BB&T, First Horizon National, and Cullen/Frost Bankers. See our complete notes on Regions Financial at:
CFR: 66.91 (+1.29), RF: 9.04 (+0.14), BBT: 37.14 (+0.76), FHN: 14.63 (+0.27)
Bank Stock Roundup: Q2 Earnings Season Kicks Off with JPMorgan Beat
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 2:05PM CDT
Due to the commencement of the Q2 earnings season, all eyes were on the banking sector over the last five trading sessions. JPMorgan proved analysts wrong by reporting an earnings beat on July 14.
RF: 9.04 (+0.14), COF: 66.55 (+0.25), BBT: 37.14 (+0.76), JPM: 64.66 (+1.01), C: 43.89 (+0.90), BAC: 14.48 (+0.35), KEY: 11.67 (+0.22), PNC: 83.86 (+2.20), BK: 39.22 (+0.42), CMA: 44.73 (+0.73), OZRK: 35.52 (+0.03)
BB&T Rises 1.91% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jul 14, 1:49PM CDT
BB&T (NYSE:BBT) traded in a range yesterday that spanned from a low of $36.34 to a high of $36.78. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $36.09 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BBT: 37.14 (+0.76)
Will Q2 Earnings Bring Better Luck for JPMorgan (JPM) Stock?
Kalyan Nandy - Zacks Investment Research - Mon Jul 11, 9:30AM CDT
JPMorgan's (JPM) fundamentals don't look any better for the just completed quarter, given no betterment in the interest rate environment and tepid demand for loans.
RF: 9.04 (+0.14), BBT: 37.14 (+0.76), JPM: 64.66 (+1.01), CMA: 44.73 (+0.73)
Watch for BB&T to Potentially Pullback After Gaining 2.38% Yesterday
Comtex SmarTrend(R) - Thu Jun 23, 12:55PM CDT
BB&T (NYSE:BBT) traded in a range yesterday that spanned from a low of $36.37 to a high of $36.88. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $36.76 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BBT: 37.14 (+0.76)
BB&T Set to Possibly Pullback After Yesterday's Rally of 2.38%
Comtex SmarTrend(R) - Thu Jun 23, 12:54PM CDT
BB&T (NYSE:BBT) traded in a range yesterday that spanned from a low of $36.37 to a high of $36.88. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $36.76 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BBT: 37.14 (+0.76)
BB&T's Acquisitions Fuel Growth, Soaring Costs a Concern
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 1:43PM CDT
BB&T's inorganic growth strategy and impressive capital position fuels growth but higher costs remain a concern.
FMER: 21.04 (+0.19), BBT: 37.14 (+0.76), HTLF: 36.41 (+0.40), WTFC: 52.89 (+0.54)
Stocks Coverage on the Financial Sector -- Regions Financial, BB&T, First Horizon National, and Cullen/Frost Bankers
PR Newswire - Fri Jun 17, 6:55AM CDT
On Thursday, June 16, 2016, the NASDAQ Composite ended the trading session at 4,844.92, up 0.21%; the Dow Jones Industrial Average advanced 0.53% to finish at 17,733.10; and the S&P 500 closed at 2,077.99, up 0.31%. The gains were broad based as seven out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Regions Financial Corporation (NYSE: RF), BB&T Corporation (NYSE: BBT), First Horizon National Corporation (NYSE: FHN), and Cullen/Frost Bankers Inc. (NYSE: CFR). Learn more about these stocks by accessing their free trade alerts at:
CFR: 66.91 (+1.29), RF: 9.04 (+0.14), BBT: 37.14 (+0.76), FHN: 14.63 (+0.27)
SmarTrend Watching for Potential Rebound in Shares of BB&T After 1.42% Loss
Comtex SmarTrend(R) - Thu Jun 09, 2:52PM CDT
BB&T (NYSE:BBT) traded in a range yesterday that spanned from a low of $35.90 to a high of $36.37. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $36.19 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BBT: 37.14 (+0.76)
After Yesterday's Decline of 1.42%, BB&T Offers Investors Better Value
Comtex SmarTrend(R) - Thu Jun 09, 2:51PM CDT
BB&T (NYSE:BBT) traded in a range yesterday that spanned from a low of $35.90 to a high of $36.37. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $36.19 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
BBT: 37.14 (+0.76)
BB&T Corporation CEO to speak at Morgan Stanley Financials Conference
PR Newswire - Wed Jun 08, 2:38PM CDT
BB&T Corporation (NYSE: BBT) today announced Chairman and Chief Executive Officer Kelly S. King will present at the Morgan Stanley Financials Conference in New York on Tuesday, June 14, at 11:45 a.m. ET.
BBT: 37.14 (+0.76)
Upgrade Alert for BB&T (BBT)
Comtex SmarTrend(R) - Wed Jun 08, 3:20AM CDT
BB&T (NYSE:BBT) was upgraded from Hold to Buy at Rafferty Capital today. The stock closed yesterday at $36.62 on volume of 3.8 million shares, below average daily volume of 5.5 million. BB&T has overhead space with shares priced $36.62, or 12.7% below the average consensus analyst price target of $41.96. The stock should find initial support at its 200-day moving average (MA) of $35.95 and further support at its 50-day MA of $34.09.
BBT: 37.14 (+0.76)
BB&T names Coley to lead South Florida Region
PR Newswire - Tue Jun 07, 6:30AM CDT
BB&T today announced Tony Coley has been named president of its South Florida Region. Coley, who currently serves as president of the Central Florida Region, will assume his new role July 1, 2016. He will replace Michael Oster, who will retire Sept. 2, 2016, after a banking career spanning 42 years.
BBT: 37.14 (+0.76)