Atlanta's biggest bank, SunTrust, and Winston-Salem's BB&T have merged, creating Truist, the U.S.'s sixth-largest bank. Branch closings are likely.
The Singapore stock market has climbed higher in two straight sessions, nearly 35 points or 1.1 percent along the way. The Straits Times Index now rests just shy of the 3,195-point plateau and it's tipped to open in the green again on Monday.
The Singapore stock market has finished lower in five straight sessions, dropping almost 55 40 points or 1.8 percent along the way. The Straits Times Index now rests just beneath the 3,160-point plateau although it may finally stop the bleeding on Thursday.
KUALA LUMPUR: Bursa Malaysia closed slightly lower today, in line with most of the regional markets, as late buying in selected heavyweights capped some of the earlier losses, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 1.34 points or 0.09% to finish at 1,560.93, the highest level for the day, from 1,562.27 at yesterday’s close. The benchmark index opened 8.28 points lower at 1,553.99 and dipped to its intraday low of 1,550.92 earlier in the day before recouping most of the earlier losses. On the broader market, losers thumped gainers 492 to 339, with 378 counters unchanged, 760 untraded and 17 others suspended. Volume slipped to 2.13 billion shares worth RM1.70 billion from 2.34 billion shares worth RM1.74 billion on Tuesday. A dealer said most of the Asian stock markets were sharply lower today, on growing worries among investors as the US President Donald Trump announced the trade deal with China might have to be postponed until after the 2020 elections. He said with less than two weeks before the next US tariff hike on Chinese goods on Dec 15 this year, investors have begun shifting their money back to safe-haven assets.
The Singapore stock market has moved lower in three straight sessions, sliding more than 25 points or 0.8 percent along the way. The Straits Times Index now rests just beneath the 3,190-point plateau and it may extend its futility on Tuesday.
KUALA LUMPUR : The FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Wednesday, boosted by buying momentum in selected heavyweights and in line with regional markets as the US-China trade negotiations remain on track. At 5pm, the benchmark index rose 3.31 points or 0.21% to finish at 1,587.18 from 1,583.87 at Tuesday’s close, after moving between 1,582.46 and 1,590.51 throughout the day. The FBM KLCI opened 3.77 points firmer at 1,587.64. On the broader market, losers led gainers 548 to 318, with 376 counters unchanged, 772 untraded and 22 others suspended. Volume shrank to 2.51 billion shares worth RM1.66 billion from 3.41 billion shares worth RM4.21 billion on Tuesday. US President Donald Trump said the United States and China were moving closer to the first phase of a trade deal after top negotiators from both countries agreed to keep working to resolve the remaining issues. AxiCorp chief Asia market strategist Stephen Innes said cross-asset volatilities were very low, and further volume suppression could be on the cards ahead with the Thanksgiving holiday in the US on Nov 28. “The calm in the US treasury market is having a soothing influence across a breadth of asset classes.
The Singapore stock market has finished lower in two straight sessions, sinking more than 15 points or 0.5 percent along the way. The Straits Times Index now rests just beneath the 3,210-point plateau although it may stop the bleeding on Wednesday.
Even in the event where negotiations produce nothing, Straits Times Index is predicted to slip less than 1% over next year.
KUALA LUMPUR : Bursa Malaysia rebounded from yesterday’s losses to end higher today, on buying support in selected heavyweights amid mixed market sentiment. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.65 points to finish at 1,596.84 from 1,592.19 at the close yesterday, after moving between 1,589.25 and 1,600.06 throughout the day. The barometer index, which opened 2.32 points weaker at 1,589.87, moved in negative territory during the morning session but managed to recover during mid-day on the back of mixed headlines on US-China trade. On the broader market, there were 398 gainers and 423 losers, while 412 counters were unchanged, 794 untraded and 15 others suspended. Volume decreased to 2.56 billion shares worth RM1.99 billion from 2.93 billion shares valued at RM2.15 billion on Thursday. The recovery in Bursa today was also in tandem with regional markets, with Singapore’s Straits Times Index soaring 1.05 per cent to 3,225.65, Japan’s Nikkei gained 0.32 per cent to 23,112.88 and Hong Kong’s Hang Seng Index increased 0.48 per cent to 26,595.08.
The Singapore stock market has finished lower in three straight sessions, surrendering almost 70 points or 2.1 percent along the way. The Straits Times Index now rests just above the 3,190-point plateau and it's looking at another soft start again on Friday.
The Singapore stock market has moved lower in consecutive trading days, surrendering almost 30 points or 0.9 percent along the way. The Straits Times Index now rests just beneath the 3,230-point plateau and it's tipped to open in the red again on Thursday.
KUALA LUMPUR: Weak market sentiment on the back of bleak prospects for a US-China trade deal has dragged Bursa Malaysia to close lower today, with the key index retreating from its two-day winning streak. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 4.17 points to finish at 1,601.14 from 1,605.31 at close yesterday. It opened 3.89 points weaker at 1,601.42 in early trade. The barometer index moved in choppy trading and went down to a low of 1,598.32 earlier in the day on selling in heavyweights, making the FBM KLCI fragile and struggling to stay above the 1,600 level. The composite index was mainly dragged down by losses in Petronas Chemicals which contributed 2.123 points. The oil and gas stock fell 15 sen to RM7.21 with 4.96 million shares changing hands. However, on the broader market, gainers outnumbered losers 426 to 411, while 409 counters were unchanged, 762 untraded and 16 others suspended. Volume increased to 2.90 billion shares worth RM1.98 billion from 2.68 billion shares worth RM1.63 billion on Tuesday.
Merger von BBT&T und Rivalin SunTrust Banks bewilligt
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Die Federal Reserve genehmigt den Zusammenschluss der beiden US-Banken – unter Voraussetzungen. Damit könnte das sechstgrößte Geldinstitut der USA entstehen.
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KUALA LUMPUR : Bursa Malaysia rebounded from choppy trading earlier, with the key index closing at its intraday high today, buoyed by buying in selected heavyweights led by IHH Healthcare. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.61 points to 1,604.36 from 1,594.75 at close on Friday. The barometer index, which opened 1.66 points lower at 1,593.09 this morning, slid to a low of 1,592.47 at one time. IHH Healthcare, which reportedly remained committed to the acquisition of an additional 26 per cent interest in Fortis Healthcare Ltd and Fortis Malar Hospitals Ltd, surged 21 sen to RM5.56 with 1.40 million shares changing hands. The healthcare stock lifted the composite index by a substantial 3.256 points. Market breadth was slightly negative with losers leading gainers 414 to 392, while 409 counters were unchanged, 784 untraded and 17 others suspended. Volume narrowed to 2.34 billion shares worth RM1.42 billion from 2.67 billion shares valued at RM1.69 billion last Friday.
BidaskClub cut shares of Central Garden & Pet (NASDAQ:CENT) from a buy rating to a hold rating in a report issued on Tuesday, BidAskClub reports. Several other research firms have also recently weighed in on CENT. SunTrust Banks cut Central Garden & Pet from a buy rating to a hold rating and set a $30.00 […]
SunTrust Banks began coverage on shares of Fate Therapeutics (NASDAQ:FATE) in a research note released on Tuesday, Briefing.com Automated Import reports. The brokerage issued a buy rating and a $25.00 price target on the biopharmaceutical company’s stock. Several other equities research analysts have also issued reports on the stock. Cantor Fitzgerald initiated coverage on shares […]
International Game Technology PLC (NYSE:IGT) – SunTrust Banks decreased their Q3 2019 earnings per share estimates for International Game Technology in a report released on Tuesday, November 12th. SunTrust Banks analyst B. Jonas now expects that the company will post earnings of $0.41 per share for the quarter, down from their previous estimate of $0.42. […]
Air Products & Chemicals, Inc. (NYSE:APD) – Investment analysts at SunTrust Banks issued their Q1 2020 earnings estimates for Air Products & Chemicals in a research report issued on Monday, November 11th. SunTrust Banks analyst J. Sheehan expects that the basic materials company will earn $2.09 per share for the quarter. SunTrust Banks also issued […]
: THE BUSINESS TIMES Stocks - SINGAPORE stocks resumed trading on Wednesday afternoon weaker, with the Straits Times Index down 0.64 per cent or 20.88 points to 3,246.92 on the day as at 1.04pm, as Asian markets continued to tread in negative territory. . Read more at The Business Times.
SunTrust Banks, Inc. (NYSE:STI) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 8,150,000 shares, a decline of 26.6% from the September 30th total of 11,100,000 shares. Based on an average daily trading volume, of 2,680,000 shares, the short-interest ratio is presently 3.0 […]
Occidental Petroleum Co. (NYSE:OXY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $41.07, but opened at $40.10. Occidental Petroleum shares last traded at $38.88, with a volume of 14,580,935 shares changing hands. Several brokerages have recently weighed in on OXY. SunTrust Banks began coverage on Occidental […]
: THE BUSINESS TIMES Stocks - SINGAPORE shares held onto their gains as trading resumed on Tuesday afternoon, with the Straits Times Index up 0.37 per cent, or 11.94 points to 3,252.59 as at 1pm. . Read more at The Business Times.
Westlake Chemical (NYSE:WLK) had its price objective increased by BMO Capital Markets from $71.00 to $76.00 in a research note published on Thursday morning, Stock Target Advisor reports. BMO Capital Markets currently has a market perform rating on the specialty chemicals company’s stock. Several other research firms have also recently commented on WLK. SunTrust Banks […]
By Kimberly Chin First Horizon National has agreed to acquire 30 branches from SunTrust Banks, a move that would help clear regulatory hurdles for the merger-of-equals deal between SunTrust… | November 8, 2019
HighPoint Resources Corp (NYSE:HPR) – Equities researchers at SunTrust Banks boosted their FY2019 earnings per share estimates for HighPoint Resources in a research report issued to clients and investors on Tuesday, November 5th. SunTrust Banks analyst W. Fitzpatrick now forecasts that the company will earn ($0.12) per share for the year, up from their prior […]
Humana Inc (NYSE:HUM) – Equities research analysts at SunTrust Banks upped their FY2019 earnings estimates for Humana in a report issued on Wednesday, November 6th. SunTrust Banks analyst D. Macdonald now expects that the insurance provider will post earnings per share of $17.78 for the year, up from their previous estimate of $17.64. SunTrust Banks […]
: THE BUSINESS TIMES Stocks - SINGAPORE stocks reversed course to resume trading in positive territory on Thursday afternoon, with the Straits Times Index gaining 0.02 per cent, or 0.5 point to 3,263.20 as at 1.02pm. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE shares started Thursday slightly lower following a flat US market trading session and a lack of further progress in US-China trade talks. The Straits Times Index lost 3.93 points or 0.12 per cent to 3,258.76 as at 9.04am. . Read more at The Business Times.
The Singapore stock market has finished higher in three straight sessions, rising almost 35 points or 1 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau although it may be stuck in neutral on Thursday.
: THE BUSINESS TIMES Stocks - SINGAPORE stocks continued their advance as trading resumed on Wednesday afternoon, with the Straits Times Index up 0.33 per cent or 10.60 points on the day to 3,259.23 as at 1.04pm. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE shares opened slightly higher on Wednesday, with the Straits Times Index gaining 0.1 per cent, or 4.61 points to 3,253.24 as at 9.01am. . Read more at The Business Times.
The Singapore stock market has climbed higher in two straight sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,250-point plateau and it's expected to be rangebound again on Wednesday.
: THE BUSINESS TIMES Stocks - SINGAPORE shares edged slightly higher on Tuesday, with the Straits Times Index rising 0.2 per cent, or 5.24 points to 3,241.64 as at 9.02am. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.18 per cent or 5.72 points to 3,235.15 as at 1.02pm. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE shares opened higher on Monday morning, with the Straits Times Index gaining 0.3 per cent, or 10.81 points to 3,240.24 as at 9.02am. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE stocks opened lower on Friday, with the Straits Times Index declining 0.46 per cent or 14.75 points to 3,215.13 as at 9.08am, tracking weaker openings in other Asian markets amid US-China trade worries. . Read more at The Business Times.
The Singapore stock market has climbed higher in five straight sessions, rising more than 80 points or 2.7 percent along the way. The Straits Times Index now rests just beneath the 3,230-point plateau although investors figure to cash in on Friday.
: THE BUSINESS TIMES Stocks - SINGAPORE stocks opened higher as trading resumed on Thursday afternoon, with the Straits Times Index increasing 0.73 per cent or 23.49 points to 3,231.41 as at 1.03pm, amid a mixed performance in Asian markets following the Federal Reserve cutting interest rates again. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE shares advanced on Thursday morning, tracking a positive US market buoyed by the latest Federal Reserve interest rates cut. The Straits Times Index gained 10.55 points or 0.33 per cent to 3,218.47 as at 9.04am. . Read more at The Business Times.
ATLANTA, Oct. 30, 2019/PRNewswire / -- Following the Federal Reserve's announcement to lower the Federal Funds rate, SunTrust Bank announced today it has lowered its prime lending rate… | October 30, 2019
ATLANTA , Oct. 30, 2019 /PRNewswire/ -- SunTrust Banks, Inc. was recognized by the Mortgage Bankers Association (MBA) as a 2019 Residential Diversity and Inclusion Leadership Award winner at MBA's 2019 Annual Convention & Expo held Oct. 27-30 in Austin, Texas . The annual awards recognize MBA members for their leadership efforts in diversity and inclusion in two award categories: organizational diversity and inclusion, and market outreach strategies. SunTrust was one of five 2019 MBA Residential Diversity and Inclusion Leadership Award recipients, and was recognized as a Market Outreach Strategies Award winner for its Inclusive Lending/CRA Strategy and the many initiatives that have been developed to support clients, partners, teammates and communities. "In recent years, diversity and inclusion efforts have been a main focus of MBA and our … Full story available on Benzinga.com
KUALA LUMPUR: Bursa Malaysia ended firmer after volatile trading today, backed by buying in index-linked counters led by CIMB. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished 2.21 points better at 1,580 from Tuesday’s close of 1,577.79. The key index, which opened 5.21 points higher at 1,583 this morning, fluctuated between 1,575.33 and 1,583 throughout the day. CIMB lifted the composite index by 1.028 points, rising six sen to RM5.09 with 15.13 million shares changing hands. Phillip Capital Management senior vice president (investment) Datuk Dr Nazri Khan Adam Khan said the local market moved higher on US-China trade optimism, coupled with the expectation of a US interest rate cut. “Investors are perking up, looking for more bullish clues ahead of a crucial US Federal Reserve (Fed) meeting which will end on Wednesday (today) as the central bank is widely expected to lower interest rates at least by another 25 basis points. “Moreover, the developments of the Sino-US trade talks remained in focus as Washington considers extending specific tariff exclusions on US$34 billion (RM142.13 billion) worth of imports from China,” he told Bernama .
: THE BUSINESS TIMES Stocks - SINGAPORE shares resumed trading in positive territory on Wednesday, with the Straits Times Index (STI) gaining 0.4 per cent, or 11.03 points to 3,208.07 as at 1.03pm. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE shares inched slightly higher on Wednesday, with the Straits Times Index (STI) gaining 0.3 per cent, or 8.96 points to 3,206 as at 9.01am. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE stocks pared some of their strong morning gains as trading resumed on Tuesday afternoon, with the Straits Times Index advancing 0.60 per cent or 19.04 points on the day to 3,204.57 as at 1.05pm. . Read more at The Business Times.
: THE BUSINESS TIMES Stocks - SINGAPORE shares surged on Tuesday following the long weekend, after a record setting market session for America's S&P 500 index overnight. The Straits Times Index gained 30.84 points or 0.97 per cent to 3,216.37 as at 9.06am. . Read more at The Business Times.
SunTrust Banks reports a drop in third-quarter earnings but results match Wall Street's expectations….STI
SunTrust Banks Inc. STI profit fell in its third quarter as the bank reported additional charges related to its merger with BB&T Corp. Atlanta-based…
SINGAPORE - Singapore stocks opened stronger on Thursday (Sept 5), with the Straits Times Index rising 0.56 per cent or 17.55 points to 3,148.12 as at 9.02am on easing worries over Hong Kong and a no-deal Brexit.. Read more at straitstimes.com.