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 …
The Thomson/First Call consensus price target is $18.30. The stock closed Wednesday at $16.94. BB&T Corp. (NYSE: BBT) is another top bank to buy for 2015 at J.P. Morgan. It is one of the largest financial services holding companies in …
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 …
The two companies announced an agreement Monday under which BB&T will acquire National Penn for $1.8 billion in cash and stock. While the question looms about whether there will be layoffs or branch closings, Deery and her husband, …
What will shareholders get? BB&T is buying assets and deposits of the bank owned by publicly traded BankAtlantic Bancorp., whose stock will remain outstanding. The parent company will get the benefit of the $600 million purchase …
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 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 …
In what would be the largest Florida bank buyout this year, North Carolina-based BB&T Corp. has a deal to acquire St. Petersburg-based Republic Bank for $436 million in cash and stock, the companies said Tuesday. The deal, pending …
Deutsche Bank Securities was financial adviser and Wachtell, Lipton, Rosen & Katz provided legal counsel to BB&T for the deal. Citi's shares, which have gained about 6 percent in the past one year, were up 1 percent at $52.49 on the New …
In August 2015, just weeks after the Susquehanna acquisition closed, BB&T Corp. announced an agreement to acquire National Penn Bancshares Inc. in a cash and stock transaction valued at approximately $1.8 billion. The acquisition …