New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For BBT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 1, 2015
16:12 EDTBBTBB&T subsidiary to increase partnership interest in AmRisc
BB&T Insurance, a subsidiary of BB&T Corporation, announced it has reached an agreement to significantly increase its partnership interest in AmRisc. In a related agreement, BB&T Corporation agreed to sell American Coastal Insurance Company to certain members of the AmRisc management team. Management of AmRisc will retain a minority interest in the company and continue to strategically grow and manage the business. The sale of American Coastal Insurance Company eliminates BB&T's exposure to potential underwriting losses in the future. The net effect of these two transactions is not expected to have a material impact on BB&T's earnings or capital position. These transactions were included in BB&T's capital plan as part of the 2015 Comprehensive Capital Analysis and Review, the company noted. The Federal Reserve System accepted BB&T's 2015 CCAR submission and did not object to its proposed capital actions.
10:01 EDTBBTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AMC Networks (AMCX) downgraded at Evercore ISI... Altera (ALTR) downgraded to Hold from Buy at Argus... American Airlines (AAL) downgraded to Hold from Buy at Deutsche Bank... AxoGen (AXGN) downgraded to Neutral from Buy at Ladenburg... BB&T (BBT) downgraded to Neutral from Overweight at JPMorgan... CA Technologies (CA) downgraded to Equal Weight from Overweight at Barclays... Catamaran (CTRX) downgraded to Market Perform from Outperform at Leerink... Charter (CHTR) downgraded to Hold from Buy at Wunderlich... Delta Air Lines (DAL) downgraded to Hold from Buy at Deutsche Bank... Domtar (UFS) downgraded to Neutral from Buy at DA Davidson... Fifth Street Finance (FSC) downgraded to Neutral from Buy at UBS... Gold Fields (GFI) downgraded to Sell from Hold at Deutsche Bank... Medley Capital (MCC) downgraded to Neutral from Buy at UBS... Michael Kors (KORS) downgraded to Neutral from Overweight at Piper Jaffray... Norcraft (NCFT) downgraded to Equal Weight from Overweight at Stephens... Nucor (NUE) downgraded to Neutral from Buy at Nomura... ON Semiconductor (ONNN) downgraded to Sell from Neutral at Goldman... Pier 1 Imports (PIR) downgraded to Underweight from Equal Weight at Morgan Stanley... Pinnacle Financial (PNFP) downgraded to Hold from Buy at Sandler ONeill... Rolls-Royce (RYCEY) downgraded to Underperform from Market Perform at Bernstein... Sibanye Gold (SBGL) downgraded to Sell from Hold at Deutsche Bank... Steel Dynamics (STLD) downgraded to Neutral from Buy at Nomura... SunTrust (STI) downgraded to Hold from Buy at Sandler O'Neill... Telefonica Brasil (VIV) downgraded to Hold from Buy at HSBC... UTi Worldwide (UTIW) downgraded to Sector Perform from Outperform at RBC Capital... United Continental (UAL) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded at Sterne Agee.
05:52 EDTBBTBB&T downgraded to Neutral from Overweight at JPMorgan
Subscribe for More Information
March 31, 2015
07:27 EDTBBTFederal Reserve Bank of Chicago to hold a conference
Subscribe for More Information
March 27, 2015
10:03 EDTBBTOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:00 EDTBBTBB&T upgraded to Outperform from Market Perform at FBR Capital
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use