BB&T said Monday it has agreed to buy National Penn Bancshares for $1.8 billion. The price, equal to $13.00 a share, is a 19.0 percent premium over National Penn’s closing stock price Monday of $10.92 a share. Monday's announcement …
Investors in BB&T Corporation BBT need to pay close attention to the stock based on moves in the options market lately. That is because the March 17th, 2017 $20 Put had some of the highest implied volatility of all equity options …
BB&T Securities said it is laying off 61 employees in downtown Richmond as the financial services company ... private equity firms and investment banks in making decisions on stock purchases. BB&T Securities research department has …
BB&T analyst Carter Leake lowered his rating on the stock to "hold" from "buy," saying it was prudent for investors to stay on the sidelines until the electrical problems were sorted out. Boeing shares fell 2 percent to $74.90 in premarket trade …
Under the terms of the agreement announced in August, BB&T will acquire National Penn in a cash and stock transaction. National Penn shareholders can elect to receive $13 per share or 0.3206 of a share of BB&T common stock, for each …
BB&T Corp. said Tuesday it is raising its quarterly common stock cash dividend by 3 cents to 33 cents a share. The new dividend will be paid Sept. 1 to shareholders of record as of Aug. 11. Shares have gained 0.6% in 2017, while the S&P …
BB&T has since expanded the research division as it built out services for its corporate clients. The bank’s analysts covered more than 300 companies in at least eight industries. Oppenheimer Holdings Inc. also cut stock analysts this …
BB&T last year bought National Penn for $1.83 billion in cash and stock. National Penn branches will be renamed under BB&T's brand during a weekend conversion expected to occur in mid-July, said David White, a spokesman for Winston …
--(BUSINESS WIRE)--Shareholders of National Penn Bancshares, Inc. (Nasdaq: NPBC) voted today to approve the agreement and plan of merger under which National Penn will merge with and into BB&T Corporation ... Inc. common …