better stead than peer Regions Financial, which lost money for four years, but not nearly in as good a shape as rival BB & T . However, we believe SunTrust is on a steadier path now, as the company has returned to profitability and the common
credit agreement. The company expects to be in compliance with its Q3 leverage ratio covenant as a result of the new deal. BB & T Capital sees the development as a positive for YRC and notes it removes "significant" uncertainty from the market. Post
BB & T upgrades Bank of the Ozarks ( OZRK +1.7% ) to Buy with $39 price target. DA Davidson upgrades MB Financial ( MBFI +1% ) to Buy with $33 price target. Westpac Banking ( WBK -2.9% ) is downgraded by Macquarie to Neutral.. Post your comment!
Stephen Simpson, CFA : To its credit, BB & T (NYSE: BBT ) continues to do what it needs to ..... Extending The Footprint When I previewed BB & T 's Investor Day and reviewed the ..... just a few days later, though. BB & T followed up Complete Story »
The severely adverse scenario used by BB & T (NYSE: BBT ) was designed to be "substantially more severe ..... year yield inverted by 62 basis points. " BB & T ’s performance under the BB & T Severely Adverse scenario indicated that BB
loan growth and higher expenses, BB & T (NYSE: BBT ) shares have had a rougher go of ..... has climbed more than 1% since BB & T 's report, and direct rivals like ..... NYSE: BAC ) are all in the green, BB & T shares have fallen more than 3
Northern Kentucky and Cincinnati. BB & T ( BBT ) is purchasing the lender in a cash ..... In connection with the purchase, BB & T creates a new banking region encompassing ..... owners will receive 1.0126 shares of BB & T common stock and $9.40 in cash for
Harbors ( CLH -4.6% ) is downgraded to Hold from Buy at BB & T , which sees ongoing commodity and forex uncertainty hurting ..... improvement from ongoing cost reductions and better utilization. BB & T also believes recent oil sands project delays could remain
(Reuters) - Citigroup Inc agreed to sell another 41 branches in Texas to BB & T Corp as the third-largest U.S. bank cuts back on brick-and-mortar outlets and focuses on online banking.
(Adds comments from BB & T CEO, additional information on Citigroup's strategy; updates share prices)