BBT News and Press, Truist Financial From 02/10/19

BB&T ( BBT ) and SunTrust ( STI ) have reached a deal under which both banks will enter into a merger of equals agreement with a massive equity value of $66 billion, in an effort to create the 6th largest US bank based on assets and deposits. The deal makes perfect sense given the ...

For a company that had repeatedly said it wasn’t all that interested in whole bank M&A, BB&T ( BBT ) shifted direction in the biggest way possible, announcing on Thursday that it had reached an agreement with SunTrust ( STI ) to combine in a true merger of equals that will c...

The biggest bank merger since the financial crisis now faces the scrutiny of at least one lawmaker. BB&T ( BBT -0.9% ) and  SunTrust ( STI -0.7% ) on Thursdays announced a merger agreement. More news on: BB&T Corporation, SunTrust Banks, Inc., Financial stocks news, M...

Purpose In this post I will explain why the merger between BB&T Corporation ( BBT ) and SunTrust Banks Inc. ( STI ) is driven by two primary forces and why it serves as a wake-up-call for regional banks. Background Two forces are shifting the banking landscape. While these shifti...

Today's Top Stories: Trump's China caution deflates investors on edge over trade; Trump to ban China telecom equipment over cyber threats; and Jeff Bezos accuses National Enquirer of blackmail. If you are interested in listening to Wall Street Breakfast to start your day, look for us ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on iTunes , Stitcher and SoundCloud (click the highlighted links). U.S. stock futures point to additional losses after President Trump said yesterday that he would not meet with Chi...

Analysts say today's merger deal between BB&T (NYSE: BBT ) and SunTrust (NYSE: STI ) could serve as a " catalyst for consolidation " as other large regional banks feel the pressure to take on the industry's largest players. More news on: BB&T Corporation, SunTrust Banks, Inc...

BB&T Corporation (BBT) BB&T and SunTrust announce a Transformational Merger of Equals to Create The Premier Financial Institution Call January 7, 2019 8:30 AM ET Company Participants Richard Baytosh – Investor Relations-BB&T Kelly King – Chairman and Chief...

NEW YORK , Feb. 7, 2019 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in SunTrust Banks, Inc. (NYSE: STI) concerning the proposed acquisition of SunTrust by BB&T Corporation (NYSE: BBT).  According to Carl Stine , a partner at Wolf Popper, "The e...

Atossa Genetics (NASDAQ: ATOS ) +29%  on updating the status of the pre-menopausal, estrogen-receptor positive (ER+) breast cancer patient who received preoperative oral Endoxifen therapy under an FDA-approved “expanded access” program. More news on: Atossa Genetics, ...