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)

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