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Stock Market & Financial Investment News

News Breaks
June 11, 2014
10:52 EDTBBTBB&T CEO sees mortgage production income increasing steadily through the year
Says spreads "getting a little bit better." Says country has "way too many banks," says "major part of the answer" is consolidation. Says likes to do buybacks, likes to have capital to make acquisitions. Comments made at the Morgan Stanley Financials Conference.
News For BBT From The Last 14 Days
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March 27, 2015
10:03 EDTBBTOn The Fly: Analyst Upgrade Summary
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06:00 EDTBBTBB&T upgraded to Outperform from Market Perform at FBR Capital
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March 17, 2015
10:42 EDTBBTBB&T remains an underappreciated story, says BofA/Merrill
BofA/Merrill reiterated its Buy rating and $44 price target on BB&T and said it remains an underappreciated and under-owned. The firm notes BB&T is using excess capital and currency strength to return capital to shareholders and pursue accretive deals. BofA/Merrill thinks the Susquehanna deal could prove more beneficial than the market perceives and its excess liquidity position makes it more rate sensitive versus peers. Shares are Buy rated with a $44 price target.
March 13, 2015
16:31 EDTBBTSusquehanna shareholders vote to approve merger with BB&T
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