BB&T Corporation News
SunTrust Beats Third-Quarter Revenue Forecast as BB&T Merger Cuts Into Earnings
SunTrust Banks reports a drop in third-quarter earnings but results match Wall Street's expectations.
IBM, Netflix, Morgan Stanley, Honeywell, Brexit - 5 Things You Must Know
U.S. stock futures rise after a Brexit deal is reached; Netflix boosts international subscriber growth but sees U.S. weakness; IBM posts a third-quarter revenue miss; Honeywell and Morgan Stanley report earnings.
What Is the Prime Rate? Definition, History and Rate in 2019
The prime rate is the lowest rate at which money can be borrowed from commercial banks by non-banks. It typically tracks with the federal funds rate and is generally about 3% higher than the Federal Reserve's rate.
BB&T Tops Q1 Earnings Estimate, Takes $80 Million Charge on SunTrust Merger
BB&T Corp. posted stronger-than-expected first quarter earnings Thursday following its $66 billion merger with SunTrust Banks earlier this year that created the country's sixth-largest lender.
Pinterest, JPMorgan Chase, Canopy Growth and Facebook - 5 Things You Must Know
U.S. stock futures fall as investors adopt a cautious ahead of trading Thursday; Schlumberger and Honeywell report earnings; Pinterest's IPO is priced at $19 a share; JPMorgan Chase makes c-suite changes.
ICYMI: S&P 500 Could Surge Another 12%, Market Bull Says
The current equity risk premium indicates the market has more juice left in it. We explain what that means.
BB&T-SunTrust Merger to Get 'Careful' Review, Fed Chief Powell Says
Federal Reserve Chairman Jerome Powell says the central bank will conduct a 'thorough' review of BB&T's recently proposed acquisition of banking rival SunTrust, after Democratic Sen. Elizabeth Warren described the process in a Washington hearing as a 'rubber stamp.'
Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal
"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.
Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn
Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.
Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble
Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.