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Bank Failures Pass 100 For The Year

Mon, 26 Oct 2009 13:20:17 GMT

Regulators shut down 7 more banks in FL, WI, GA, MN and IL; total failed banks in '09 reach 106 Though there are some early signs of economic recovery, bank failures continue and the pace has picked up sharply this year. With the failure of 7 more banks on Friday, the tally has surpassed 100 this year. This takes the total number to 106, compared to 25 in 2008 and 3 in 2007.[More...]

Wall Street Gains On Earnings Optimism, Caterpillar (NYSE: CAT) Soars

Mon, 19 Oct 2009 23:00:38 GMT

US stocks climbed, sending benchmark indexes to highest point in over a year, as a weak dollar and higher commodity prices boosted investor sentiment. Shares also rallied amid positive outlook for corporate earnings.[More...]

Market Closing : New Closing Highs For Year As Earnings Mostly Beat

Mon, 19 Oct 2009 20:55:00 GMT

Stock averages closed up around 1% and in the upper end of the day's range. Gains shaped up after a brief swoon into the red in early trading. Stocks have continued to trade at 2009 highs as most earnings meet or top expectations, in many cases due to cost-cutting.[More...]

BB&T Sees Trouble in Loans Tied To Southeastern Real Estate

Mon, 19 Oct 2009 18:04:57 GMT

BB&T (BBT) reported third quarter earnings of 23 cents per share or $157 million. The bank’s profits came in one cent above the consensus of analysts’ estimates, but the Street has not greeted the results with enthusiasm as results represent a 58% drop in net income from a year ago. Shares of BB&T have sold off nearly 5% as the indices are soaring higher, and the main reason for this is the increased loan loss reserves set aside by BB&T.[More...]

US Stock Futures Point To Higher Start, Chevron (NYSE: CVX) Eyed

Mon, 19 Oct 2009 12:46:20 GMT

US stock futures rose on Monday on growing optimism about upcoming corporate earnings.[More...]

Bank Of America (BAC) To Pay TARP Dividends

Mon, 05 Oct 2009 13:26:48 GMT

Bank of America Corporation (BAC) said on Friday that it will pay $713 million in dividends on preferred stock issued to the Treasury Department in relation to its participation in the Troubled Asset Relief Program (TARP) last year.[More...]

The Return Of The Financial Dividends

Fri, 02 Oct 2009 13:11:29 GMT

The financial crisis lead to dividend cuts amongst several prominent dividend payers such as Bank of America (BAC), US Bancorp (USB) and BB&T Corp. (BBT). Over the past few weeks however, several financial companies announced that they might reconsider their current dividend policies and start raising distributions in the near future.[More...]

FDIC Seeks Prepayment From Banks

Tue, 29 Sep 2009 16:20:31 GMT

In order to replenish the declining fund of the Federal Deposit Insurance Corporation (FDIC) that insures regular deposit accounts when banks fail, the agency may ask U.S. banks to prepay fees for three years.[More...]

BofA To De-TARP in Installments

Wed, 16 Sep 2009 15:31:01 GMT

The Chief Financial Officer (CFO) of Bank of America Corporation (BAC) said Tuesday that the bank is expected to repay the bailout money it has received from the government in relation to its participation in the Troubled Asset Relief Program (TARP) in installments.[More...]

JPMorgan Chase (NYSE: JPM) Likely To Raise Dividend In 2010

Wed, 16 Sep 2009 14:25:00 GMT

JPMorgan Chase & Co. (NYSE:JPM) is one of the few banking companies that have paid dividends despite facing the subprime carnage.[More...]

Shifting Deposits: Community Banks in the Roanoke and New River Valleys Are Gaining Ground.

Sun, 01 Nov 2009 15:46:00 GMT

Nov. 1--Community banks are gaining on big, national banks in Southwest Virginia, according to data released recently by the federal government.
HomeTown Bank and Valley Bank in Roanoke are still in the single digits in terms of market share.
Same for National Bank of Blacksburg, which saw its double-digit market share grow by a hair.

: iStockAnalyst.com Symbols Feed

Bank Failures Pass 100 For The Year

Wall Street Gains On Earnings Optimism, Caterpillar (NYSE: CAT) Soars

Market Closing : New Closing Highs For Year As Earnings Mostly Beat

BB&T Sees Trouble in Loans Tied To Southeastern Real Estate

US Stock Futures Point To Higher Start, Chevron (NYSE: CVX) Eyed

Bank Of America (BAC) To Pay TARP Dividends

The Return Of The Financial Dividends

FDIC Seeks Prepayment From Banks

BofA To De-TARP in Installments

JPMorgan Chase (NYSE: JPM) Likely To Raise Dividend In 2010

Shifting Deposits: Community Banks in the Roanoke and New River Valleys Are Gaining Ground.

Newcomers to Give Florida Banks a Run for the Money: New Bank Names Are Popping Up Around South Florida. As the Strong Replace the Weak and the Economy Stabilizes, the Changes Should Help Ease the Credit Crunch.

First Market Bank Nears Merger

Five Knoxville-Area Regions Branches to Close

Bigger Banks Top FDIC Rankings in Knox: Smaller Lenders Gain Ground, Carve Out Larger Market Share

SunTrust Stays Aloft: BBandT Made a Big Jump in Central Florida With Its Acquisition of Colonial Bank

BBandT's 3Q Earnings Fall 58percent: Bank Made $152 Million, and Sees Many Good Indicators, but Doubled Its Set-Aside for Potential Loan Losses.

Net Income Down at BBandT

BBandT Has Big Increase in Deposits: Bank's Market Share Rose With Wachovia's Collapse

BBandT Reports Sharp Decline in Earnings

Longtime ClairMail Customer BB&Amp;T Receives Mobile Banking Accolades From Two Leading Industry Analyst Firms

U.S. Bank Expands in Nevada Through Acquisition of Banking Operations From BB&T Corporation

Wincor Nixdorf Signs Agreement With BB&T to Provide ProCash Hardware, Software and Maintenance Services

Metro Atlanta lawyer and businessman named BB&T director

BB&T Corporation Declares Dividend

Two BB&T Funds finish in top 1 percent of respective Morningstar categories

BB&T Equity Income Fund marks five-year anniversary with pair of industry accolades

Global Consumer Acquisition Corp in Discussions With BB&T Corp for Purchase of Its Nevada Operations

BB&T Announces Pricing of Common Stock Offering

BB&T Announces $750 Million Common Stock Offering

Form 3 Boyer K. David Jr. For: Oct 27 (10K)

Form 4 MORRISON J HOLMES For: Mar 05 (10K)

Form 3 Powell Cynthia B For: Sep 01 (10K)

Form 4 BB&T CORP For: Sep 01 Filed by: VEST EDWARD D (10K)

Form 3 GLOVER J LITTLETON JR For: Aug 25 (10K)

Form 4 WIGGS STEVEN B For: Aug 11 (10K)

Form 4 KING KELLY S For: Jul 24 (10K)

Form 4/A SKAINS THOMAS E For: Jul 21 (10K)

Form 4 SKAINS THOMAS E For: Jul 21 (10K)

Form 4 ALLISON JOHN A For: Jul 21 (10K)