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SunTrust Banks, Inc. 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.

BB&T Beats Third-Quarter Earnings Estimates

Third-quarter adjusted earnings of $1.07 a share beat analysts' estimates by 4 cents.

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.

Private Prison Operators Fall; Fifth Third Joins Banks Ending Ties With Industry

Geo Group and CoreCivic lose ground as another bank joins list of those refusing to do future business with private prison operators.

Breaking News

Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest

Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.

General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division

"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.

Feds Could Stop Trump SPAC Deal

An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.

McDonald's Brings Back a Classic Menu Item (with a Catch)

You never know what the fast-food chain might bring back or create a new version of.