|Bid||46.31 x 1300|
|Ask||46.32 x 1200|
|Day's Range||46.21 - 46.63|
|52 Week Range||40.68 - 53.08|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||11.47|
|Forward Dividend & Yield||1.80 (3.83%)|
|1y Target Est||N/A|
As a former BB&T branch manager awaits sentencing on bank fraud and identity theft charges, the feds are moving forward with plans to forfeit his alleged proceeds. Tony McElveen pleaded guilty in May to bank fraud and aggravated identity theft in connection to a two month-scheme that, according to federal authorities, victimized two elderly BB&T customers. McElveen, a former branch manager in Robeson County, is alleged to have used his position to steal the personal identification information of two customers.
Orrstown Bank has brought on another veteran banker from BB&T Corp. to fill a key role as it looks to make a further push in Maryland. Thomas A. Sychuk, BB&T's commercial real estate market manager in Maryland for the last three years, has been named senior vice president and commercial banking director for Orrstown Bank. In the role he will be responsible for overseeing the Shippensburg, Pennsylvania-based bank's commercial activities in Maryland.
Triangle Business Journal’s latest list of largest publicly traded companies combined for a market cap of $772 billion, down slightly from the $780 billion total a year ago. They are the subject of this week's top list.
The Atlanta office market is in store for big changes soon, thanks in part to recent mergers and acquisitions, four of which represent more than 2.5 million square feet of pre-merger office space.
Kelly gets the Georgia assignment. Heath Campbell, BB&T; Regional President for Georgia, will move to Charlotte.
Though Saturdays will be quiet around BB&T (NYSE: BBT) Field on the first two home football weekends at Wake Forest, John Currie, the Demon Deacons' new athletic director, expressed optimism that an historic schedule will translate into increased ticket sales. Speaking Tuesday to the Rotary Club of Winston-Salem, Currie touted a home slate including North Carolina, N.C. State and Duke – all at BB&T Field – while making a pitch to the Triad community to support the Deacons, who are coming off a 7-6 season that included late-season victories at N.C. State and Duke prior to a Birmingham Bowl triumph over Memphis. Currie said Wake Forest – a private university with the smallest undergraduate enrollment, the smallest football stadium and the smallest football revenues among the NCAA's 65 "Power 5 conference" schools – is making a concerted effort to increase support from outside the university community and alumni base.
Bemetra Simmons took the Mutual of Omaha job in December 2018, one that allows her to lead a statewide expansion.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Amidst growing concerns over skyrocketing gun violence in America, big banks maintain their financial relationships with gun manufacturers and the NRA.
The firm also took out a line of credit with BB&T;, which just opened a loan production office in Denver.
The "merger of equals" of the two southeastern banks is expected to close late in the third quarter or in the fourth quarter.
King reassured Triad business leaders that the loss of BB&T;'s headquarters won't be an overall loss for region.
Stocks managed to partially fight their way back from yesterday's intraday plunge, largely spurred by a somewhat surprising commentary that accompanied the official rate-cut explanation. Still, the S&P 500's 1.09% setback was neither modest, nor irrelevant. The index closed under its 20-day moving average line for the first time since early June.Source: Shutterstock Advanced Micro Devices (NASDAQ:AMD) did more than its fair share of the damage, losing more than 10% of its value after the company warned that its fourth quarter could prove "very difficult." Qualcomm (NASDAQ:QCOM) wasn't far behind though, losing more than 2% of its value during the regular session and falling more than 5% in after-hours action after reporting disappointing fiscal third-quarter revenue.There were still some winners. Apple (NASDAQ:AAPL) was one of them, mustering a 2% gain in response to a quarterly report that could have been worse. Although iPhone sales fell, the company appears to be abating that slowdown.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStill, Apple can't keep the broad market in the black on its own. * 10 Monster Growth Stocks to Buy for 2019 and Beyond As for the top trading prospects moving into Thursday's session, the stock charts of Mondelez International (NASDAQ:MDLZ), BB&T (NYSE:BBT) and Host Hotels and Resorts (NYSE:HST) are of the most interest. Here's why. BB&T (BBT)Like most other banking and financial stocks, BB&T has pulled itself out of a funk it was stuck in late last year and early this year, and it has once again started to test the waters of a new uptrend. Unlike most other banking names, however, BBT stock has only just recently dropped some key technical hints that a new uptrend has been fully established. And even then, there's one last hurdle to clear. * Click to EnlargeThe overreaching bullish hint in place is mid-July's move above the resistance line that had been guiding it lower for months. That line is plotted in white on both stock charts. * Underscoring the most recent leg of the rally, which has been unfurling on mostly bullish volume. * Also underscoring the strength of the new rally effort is the cross of the purple 50-day line above the 200-day moving average, marked in white on both stock charts (highlighted on the daily chart). * The last line in the sand is around $52, marked in yellow on both stock charts, where BB&T shares have peaked multiple times since late last year. Host Hotels and Resorts (HST)It was only a few months ago Host Hotels and Resorts looked like it was ready to rekindle last year's bullishness. And, with interest rates falling in the midst of a still-healthy economy, real estate and REIT plays certainly had -- and have -- the wind at their back.For a handful of nuanced reasons though, Host Hotels and Resorts shares are losing ground again. In fact, the shape of the chart made since the selloff began back in April has taken on a clear, and telling, shape. This week's action almost serves as the nail in the coffin. * 7 Stocks on Sale the Insiders Are Buying * Click to EnlargeThe shape in question is a descending, converging wedge pattern plotted on the daily chart. This is funneling HST into what's essentially a showdown between the bulls and the bears. * Thus far, it's the bears that appear to have an edge in the brewing standoff. The bearish volume surged on Monday and Wednesday, when the sellers were once again testing the support side of the wedge shape. * Backing out to a weekly view doesn't tell us anything we don't know about Host Hotels and Resorts, but it does make clear that the undertow is decidedly bearish. There's little that can stop the selling from here. Mondelez International (MDLZ)This year has been, as is the case for many food stocks, a great one for Mondelez International. Shares are still up 33% since the end of last year, even with yesterday's sizeable stumble.Wednesday's 2.4% setback is nothing to shrug off though. It could mark the beginning of a more serious selloff that had until now been evaded. What happens the rest of this week will be critical in terms of making that call. But, whatever comes next, it's the bulls that are on the defensive while the bears now have an edge. * Click to EnlargeThat "edge" comes in the form of yesterday's move below the purple 50-day moving average. A couple of times since May it had served as support, but now it has failed to do so. * Although yesterday's selling-volume surge is a red flag, notice Wednesday wasn't the first time we saw such action. A few times since May we've seen pullbacks on huge volume, hinting of a large number of would-be sellers. * The weekly chart better illustrates just how overbought Mondelez has been since June, and how far back it could slide before finally finding a floor.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post 3 Big Stock Charts for Thursday: BB&T, Mondelez International and Host Hotels and Resorts appeared first on InvestorPlace.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does BB&T (BBT) have what it takes? Let's find out.
The ratings on five P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 6.1% of the current pooled balance, compared to 5.9% at Moody's last review. Moody's base expected loss plus realized losses is now 5.8% of the original pooled balance, the same as the last review.
The Winston-Salem-based federal credit union fears confusion online and in person should the name Truist hold up for the bank to emerge out of the BB&T;/SunTrust marriage.
Rise in loan balance and improvement in mortgage banking business support KeyCorp's (KEY) Q2 earnings. However, worsening asset quality and flattening of yield curve are the undermining factors.
Lower expenses (driven by cost saving efforts) support State Street's (STT) Q2 earnings. However, decline in revenues act as a headwind.