Second Quarter Profits Rise for STI

Second-quarter profits to common investors at SunTrust Banks rose 35% to $365 million, or $0.68 a diluted share, from $270 million, or $0.50 a diluted share, a year earlier. Net interest income fell 5% to about $1.2 billion, as reported net interest margin fell to 3.25% from 3.39% in 2012’s second quarter. However, SunTrust’s earnings were helped by reduced loan-loss provisioning, which dropped to $146 … Continue reading Second Quarter Profits Rise for STI

Market Movers: AbbVie Inc. (NYSE:ABBV), Xerox Corporation (NYSE:XRX), SunTrust Banks (NYSE:STI), Danaher Corp. (NYSE:DHR), Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

AbbVie Inc. (NYSE:ABBV) belongs to Healthcare sector. Its net profit margin is 21.70% and weekly performance is 1.16%. On last trading day company shares ended up $55.60. AbbVie Inc. (NYSE:ABBV) distance from 50-day simple moving average (SMA50) is 2.25%. One such investor is Robert Zapfel. He is the President of Services Business at Xerox Corp. (NYSE:XRX). On Augusts 7th, Mr. Zapfel bought 40,000 XRX shares at … Continue reading Market Movers: AbbVie Inc. (NYSE:ABBV), Xerox Corporation (NYSE:XRX), SunTrust Banks (NYSE:STI), Danaher Corp. (NYSE:DHR), Eagle Bancorp Montana, Inc. (NASDAQ:EBMT)

Trader’s Recap : Pfizer (NYSE:PFE), ChinaCache (NASDAQ:CCIH), Lennox International (NYSE:LII), SunTrust Banks, Inc. (NYSE:STI), QTS Realty Trust, Inc. (NYSE:QTS)

Zacks reaffirmed their neutral rating on shares of Pfizer (NYSE:PFE) in a report released on Friday. Zacks currently has a $30.00 price objective on the stock. Pfizer Inc. (NYSE:PFE) belongs to Healthcare sector. Its net profit margin is 59.30% and weekly performance is 0.93%. On last trading day company shares ended up $29.21. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average (SMA50) is -0.48%. Shares of Lennox International (NYSE:LII) have … Continue reading Trader’s Recap : Pfizer (NYSE:PFE), ChinaCache (NASDAQ:CCIH), Lennox International (NYSE:LII), SunTrust Banks, Inc. (NYSE:STI), QTS Realty Trust, Inc. (NYSE:QTS)

Top Stories: Chimera Investment (NYSE:CIM), Synthetic Biologics (NYSEMKT: SYN), SunTrust Banks (NYSE:STI), American Lorain Corporation (NYSEMKT:ALN), Sophiris Bio, Inc. (NASDAQ:SPHS)

On 11 AUG Chimera Investment Corporation (NYSE:CIM) last released its earnings data on Monday. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.01. On average, analysts predict that Chimera Investment Corp. will post $0.39 earnings per share for the current fiscal year. Chimera Investment Corporation (NYSE:CIM) belongs to Financial sector. Its net profit margin is … Continue reading Top Stories: Chimera Investment (NYSE:CIM), Synthetic Biologics (NYSEMKT: SYN), SunTrust Banks (NYSE:STI), American Lorain Corporation (NYSEMKT:ALN), Sophiris Bio, Inc. (NASDAQ:SPHS)

Today’s Stocks – Sprint Corporation (NYSE:S) , Michael Kors (NYSE:KORS) , Doral Financial (NYSE:DRL) , SunTrust Banks (NYSE:STI) , Triple-S Management (NYSE:GTS)

Sprint Corporation (NYSE:S) has signed a multi-year agreement with NetCracker Technology, a subsidiary of NEC Corporation, to expand its use of OSS solution to accelerate the time to market and reduce the operational cost for the launch of Sprint Spark™, Sprint’s enhanced LTE network. Sprint Corporation (NYSE:S) stock performance was 1.17% in last session and finished the day at $7.77. Traded volume was 6.83million shares in the last session … Continue reading Today’s Stocks – Sprint Corporation (NYSE:S) , Michael Kors (NYSE:KORS) , Doral Financial (NYSE:DRL) , SunTrust Banks (NYSE:STI) , Triple-S Management (NYSE:GTS)

Morning Alert – Total SA (ADR) (NYSE:TOT) , United Technologies Corporation (NYSE:UTX) , Symantec Corporation (NASDAQ:SYMC) , SunTrust Banks, Inc. (NYSE:STI)

Chevron CVX -0.05% , ConocoPhillips COP +0.12% , and Total SA (ADR) (NYSE:TOT) offer “the best value-adjusted opportunities” in the sector, they added. ConocoPhillips’ future growth is largely based on U.S. shale. Chevron is a leader in new oil sources in the Gulf of Mexico. Total has slowed high-cost developments. Total SA (ADR) (NYSE:TOT) stock performance was -2.26% in last session and finished the day at … Continue reading Morning Alert – Total SA (ADR) (NYSE:TOT) , United Technologies Corporation (NYSE:UTX) , Symantec Corporation (NASDAQ:SYMC) , SunTrust Banks, Inc. (NYSE:STI)