|Day Low/High||65.06 / 65.95|
|52 Wk Low/High||46.05 / 75.08|
The Federal Reserve's "stress tests" of big banks required them to maintain sufficient capital even after a nightmare economic scenario where stock prices fell by 65% and unemployment surged to 10%.
Goldman Sachs has released its list of bank stocks that could be big winners thanks to higher interest rates and deregulation.
The most recent short interest data was recently released for the 05/15/2018 settlement date, and SunTrust Banks Inc is the #116 most shorted of the S&P 500 components, based on 4.71 "days to cover." There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then divided by the average daily volume, to express the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
The most recent short interest data has been released for the 05/15/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Relief is on the way, and there's an inexpensive beneficiary out in California.
Investors may want to back up the truck on their favorite regional bank stocks in light of the government's new legislation.
So much for that market rally. Here is some quick analysis on key news ahead of Wednesday's trading session. Always be prepared.
Home Depot is the latest company to pay its employees a bonus following passage of the new U.S. tax bill.
The charts of American Express and IBM both look intriguing after their quarterly results.
SunTrust Banks, Inc. (NYSE: STI) today announced that Ellen M.
The Dow rose by nearly 60 points on Monday, but the S&P 500 and Nasdaq declined.
Discovery now holds a 70% stake in the company.
When the dollar is strong, look inward and buy companies that do the lion's share of their business within the U.S.
Here's where to look if the dollar follows a stronger -- or weaker -- scenario. There are some good ways to play it either way.
Here's where to look if the dollar follows a stronger -- or weaker -- scenario.
Equifax CEO Rick Smith will retire following a massive data breach. His departure raises one question instantly: What took so long?
Board tenure at Equifax exceeds the average, with one director serving for 25 years.
Bad loans at U.S. banks as a result of Hurricanes Harvey and Irma would add to the damage for the financial industry, with insurers already facing more than $100 billion of losses from the storms.
Bill Rogers, chairman and CEO of SunTrust Banks, tells Jim Cramer about his company's financial wellness initiatives.
Growth is crushing value, says Jim Cramer, and the dynamic is more pronounced in individual sectors.
Here are Monday's top research calls.
Citigroup, the only 'too big to fail' money center bank to set a post-election high in May, as eight other major regional banks peaked as March began.
SunTrust has been fined $1.5 million by the Fed for violating the National Flood Insurance Act.
Bradley Keoun writes that bank investors may soon have a reason to thank President Trump: bigger shareholder payouts.
The four 'too big to fail' money center banks and five large regional banks peaked as March began. They will report earnings April 13 to 21, under negative weekly charts.
Bearish names dominate this week and financials in particular.
U.S. employers added some 235,000 workers during the first full month of real estate mogul Donald Trump's presidency, according to the U.S. Labor Department.
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