SunTrust Banks Inc.

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suntrust banks inc. and wachovia corp. - All News and Analysis

• Lehman Brothers Take-over: Implications for Financials

  Seeking Alpha - 2008-08-24

  Benjamin Mackovak submits: I thought it would be interesting to take a look at what a Lehman LEH take-over would imply for the valuation of financials. I ran a screen for financials with market caps above $900m that trade in the US and trade below current book value. I then...

  Tags: Financial, Ambac Financial Group Inc., American Capital Strategies Ltd., AmeriCredit Corp., Allied Capital Corp., Associated Banc-Corp., Bank of America Corp., Citigroup Inc., Comerica Inc., CNA Financial Corp., Colonial BancGroup Inc., Capital One Financial Corp., E*Trade Financial Corp., First American Corp., First Horizon National Corp., Fifth Third Bancorp, Fidelity National Financial Inc., Fannie Mae, Freddie Mac, Genworth Financial Inc., Huntington Bancshares Inc., J.P. Morgan Chase & Co., KeyCorp, Lehman Brothers Holdings Inc., Legg Mason Inc., MBIA Inc., Merrill Lynch & Co. Inc., National City Corp., Old Republic International Corp., Phoenix Companies Inc., Regions Financial Corp., Sovereign Bancorp Inc., SunTrust Banks Inc., Susquehanna Bancshares Inc., Wachovia Corp., Webster Financial Corp., Washington Mutual Inc., Zions Bancorporation

• Finding Relative Value in Financial Services

  Seeking Alpha - 2008-08-20

  Edward Harrison submits: Not every financial services sector company is a basket case destined for bankruptcy. There are many well-run lower risk organizations in the bunch. Moreover, let's not blame the banking model for individual companies' woes. The Economist had a good article this weekend highlighting the fact that it...

  Tags: American International Group Inc., Bank of America Corp., Citigroup Inc., Deutsche Bank AG, Financial, Goldman Sachs Group Inc., HSBC Holdings Plc., J.P. Morgan Chase & Co., M & T Bank Corp., Merrill Lynch & Co. Inc., SunTrust Banks Inc., Wachovia Corp., Washington Mutual Inc., Wells Fargo & Co.

• Stock Performance Since Earnings

  Seeking Alpha - 2008-08-06

  Hickey and Walters Bespoke submit: We recently calculated the performance of all US stocks since the open following their most recent earnings reports.  This takes out the initial reaction to earnings reports in after-hours and pre-market trading and highlights how investors have treated shares post earnings.  As shown...

  Tags: US Market, AuthenTec, Biogen Idec Inc., Continental Airlines Inc., CDI Corp., Centene Corp., Commercial Vehicle Group Inc., Elan Corp. Plc., EPIQ Systems Inc., Freeport-McMoRan Copper & Gold Inc., Great Atlantic & Pacific Tea Company Inc., Gramercy Capital Corp., ImClone Systems Inc., Overstock.com Inc., Piper Jaffray Cos., Penson Worldwide Inc., Spartan Motors Inc., SunTrust Banks Inc., Trimas Corp., Wachovia Corp.

• Large Banks' Net Income History

  Seeking Alpha - 2008-08-01

  Richard Shaw QVM Group submits: With all the talk and concern about falling bank earnings, we thought it might be useful to look back a few years to see year-by-year net income for large banks side-by-side. The chart below presents the 24 banks of the KBW large bank...

  Tags: Citigroup Inc., Comerica Inc., People's United Financial Inc., Northern Trust Corp., J.P. Morgan Chase & Co., KeyCorp, M & T Bank Corp., National City Corp., Zions Bancorporation, Washington Mutual Inc., Wells Fargo & Co., Wachovia Corp., State Street Corp., SunTrust Banks Inc., Regions Financial Corp., Huntington Bancshares Inc., Freddie Mac, Fannie Mae, Fifth Third Bancorp, Capital One Financial Corp., PNC Financial Services Group Inc., BB&T Corp., Bank of America Corp., Financial

• SunTrust Announces Purchase of Hilton Head, S.C., Bank.

  - 2003-01-23

  By R. Kevin Dietrich, The State, Columbia, S.C. Knight Ridder/Tribune Business News Jan. 23--SunTrust Banks Inc. said Wednesday it would expand into South Carolina through the purchase of Lighthouse Financial Services of Hilton Head. The deal comes less than two...

  Tags: bank, FINANCE, Hilton Hotels Corp., Investment, SunTrust Banks Inc., Wachovia Corp.

• First Union, Wachovia to Sell 38 Branches in Proposed Merger.

  - 2001-07-27

  By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Jul. 27--As part of their proposed merger, First Union Corp. and Wachovia Corp. would sell 38 branches, including 26 in the Carolinas, to appease government antitrust concerns. The Department of...

  Tags: bank, FINANCE, First Union, Investment, merger, SunTrust Banks Inc., U.S. Department of Justice, Wachovia Corp.

• The Charlotte Observer, N.C., Business Insider Column.

  - 2001-07-23

  The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Jul. 23--EXECS GIVE PRO HOOPSTERS THE OLD DOUBLE CLICK: When Microsoft CEO Steve Ballmer was in town earlier this month, he entertained local employees with a game of two-on-two versus NBA basketball players Hersey...

  Tags: Charlotte, FINANCE, Games, NBA, SunTrust Banks Inc., Wachovia Corp.

• 1st Union gets edge in Wachovia bids.

  - 2001-07-16

  * As the premium of SunTrust Banks Inc.'s stock offer for Wachovia Corp. has further eroded, First Union Corp. has gained the upper hand in the merger battle, analysts say. First Union of Charlotte, N.C., got a boost last week when it...

  Tags: First Union, SunTrust Banks Inc., Wachovia Corp.

• SunTrust: Results buoy merger bid.

  - 2001-07-09

  * SunTrust Banks Inc. believes its strong second-quarter profits strengthened its bid to acquire Wachovia Corp. over that of rival First Union Corp. But one financial analyst isn't so sure it will make a difference. ...

  Tags: merger, SunTrust Banks Inc., Wachovia Corp.

• Wachovia Corp.(receives hostile bid from SunTrust Banks Inc.)(Brief Article)

  - 2001-07-01

  Winston-Salem-based Wachovia Corp. got a suitor that its board didn't want but stockholders might prefer to Charlotte-based First Union Corp. In a hostile bid, Atlantabased SunTrust Banks Inc., iong rumored as a potential partner for Wachovia, is off Winston-Salem-based Wachovia Corp. got a suitor that its...

  Tags: SunTrust Banks Inc., Wachovia Corp.