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BBT News Archives

BBT News Archives for October 2009

Oct 30, 2009 | Birmingham Business Journal

N.C. BB&T exec to lead Huntsville efforts

BB&T Corp . recently named Eddie Hoff its area executive for the greater Huntsville area to oversee daily operations of 10 financial centers in the region.

Comment?

Related Topix: Banking, Financial Services, Boone, NC

Wed Oct 28, 2009

Freshnews

Washington, D.C., information security executive named BB&T director

The directors of BB&T Corporation on Tuesday elected K. David Boyer Jr., co-founder and chief executive officer of information services company GlobalWatch Technologies Inc., to the corporate board.

Comment?

Related Topix: Banking, Financial Services, Small Business, Personal Finance

Tue Oct 27, 2009

On Wall Street

States Considered Strong Now Feel Strain

More than a year into the financial crisis, the carnage caused by high unemployment has expanded into states whose economic health had been taken for granted.

Comment?

Related Topix: North Carolina, Banking, Financial Services, Elkin, NC, Housing, Home, Mortgage, Personal Finance

Buttermilk and Molasses

Are You Freaking Kidding Me, Mr. Chairman?

We're in the midst of the largest recession in almost a century, barely faced down the unraveling of the global economic system and watched a $8 billion housing bubble settle down around the heads of 16 million unemployed Americans, and the friggin' chairman of BB&T Corp.

Comment?

Related Topix: Financial Services, Banking, Housing

Sun Oct 25, 2009

Bizjournals

Regions, BB&T stocks down Friday

Birmingham banks stocks were down Friday after a tumultuous week of earnings announcements.

Comment?

Related Topix: Banking, Financial Markets, Financial Services, Regions Financial

Sat Oct 24, 2009

Business Leader

BB&T Signs Lease with Major Real Estate Firm

The Washington, D.C. office of Hines, the international real estate firm, announced that Branch Banking and Trust Company has signed a long-term lease for 140,000 square feet of office space at the 951,616-square-foot Riverfront Plaza in downtown Richmond.

Comment?

Related Topix: Financial Services, Investment Services, U.S. Environmental Protection Agency, Banking

Fri Oct 23, 2009

TheStreet.com

BofA Looks Up to Task of TARP Repayment

When Bank of America executives were asked recently for specifics on a repayment of bailout funds, CFO Joe Price repeated that the bank is ready, but the decision is now in regulators' hands.

Comment?

Related Topix: Financial Services, US Bancorp, Banking, Business News

Thu Oct 22, 2009

Messenger

Business leaders defend free market

The free-enterprise system is under attack as government gets bigger and more intrusive, and the stakes never have been higher, speakers and panelists said yesterday at the Virginia Chamber of Commerce 2009 Conference on Virginia's Future.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

Wed Oct 21, 2009

Monitor Daily

BB&T Reports Lower Net Income on Higher Provision Charges

BB&T Corporation reported $157 million in net income for the third quarter compared with $362 million earned during the third quarter of 2008.

Comment?

Related Topix: Financial Services, Banking

Tue Oct 20, 2009

Seeking Alpha

BB&T Corporation Q3 2009 Earnings Call Transcript

BB&T Corporation October 19, 2009 11:00 am ET Executives Analysts Greg Ketron a ' Citigroup Adam Barkstrom a ' Sterne Agee & Leach Jamie Peters a ' Morningstar Jefferson Harralson a ' Keefe, Bruyette & Woods Heather Wolfe a ' UBS Vivek Juneja a ' J.P. Morgan Presentation Operator Welcome to the BB&T Corporation third quarter earnings 2009 ...

Comment?

Related Topix: Financial Services, Banking

Go Dan River News

Net income down at BB&T

An increase in customers struggling to make housing-related loan payments hampered BB&T Corp.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

Winston-Salem Journal

BB&T has big increase in deposits

BB&T Corp. tightened its market-share grip in Forsyth County and the Winston-Salem metropolitan statistical area in 2009, according to data released by the Federal Deposit Insurance Corp.

Comment?

Related Topix: Banking, Financial Services, Forsyth County, NC, Winston-Salem, NC, 9

Mon Oct 19, 2009

Blogging Stocks

BB&T (BBT) drops on increasing bad loans

Filed under: Major movement , Earnings reports , Bad news , BB and T , Options , Technical Analysis BB&T stock is trading lower today after the company reported third-quarter earnings this morning, posting a profit of $152 million or 23 cents per share .

Comment?

Related Topix: Financial Services, Banking

Atlanta Business Chronicle

BB&T Q3 profit plunges to $157M

BB&T Corp ., Atlanta's fourth-largest bank, reported its third-quarter profit plunged nearly 57 percent as it continued to weather negative housing and credit issues.

Comment?

Related Topix: Banking, Financial Services, Winston-Salem, NC, Greensboro Metro, Salem, NC

MarketWatch

Financial Stocks: Financials lose early gains as regional banks fall

U.S. financial stocks gave back opening gains on Monday morning as shares of North Carolina's BB&T fell, dragging other regional banks lower too after the firm said a large provision for credit losses almost halved its third-quarter profit.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Suntrust Banks, Huntington Bancshares, Marshall and Ilsley, KeyCorp

Fri Oct 16, 2009

MarketWatch

Weekend Investor: Regional lenders bank on failure

The wave of bank failures washing over the U.S. is creating opportunities for regional lenders that are strong enough to pick up the debris, with help from the Federal Deposit Insurance Corp.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Zions Bancorporation, Columbia Banking System, Hancock Holding, Peoples Bank

Market Watch

Stocks to Watch: Stocks in focus for Monday

Among the companies whose shares are expected to see active trade in Monday's session are Apple Inc., Texas Instruments Inc.

Comment?

Related Topix: Financial Markets, Semiconductors, Texas Instruments, Electronics, Computers, Apple Computer, Gannett Co, Media, Publishing, Banking, Financial Services, Manufacturing, Industrial Machines, Eaton

Wed Oct 14, 2009

Business First of Louisville

Dow tops 10,000

Encouraging earnings reports from heavyweights such as Intel Corp. and JPMorgan Chase & Co.

Comment?

Related Topix: Semiconductors, Electronics, Intel, Banking, Financial Markets, Transportation, Financial Services

Tue Oct 13, 2009

PR-inside.com

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

U.S. Bancorp and BB&T Corporation announced today the signing of a definitive agreement for U.S. Bank National Association, U.S. Bancorpa s lead bank, to purchase approximately $800 million in deposits and certain branch locations of BB&Ta s Nevada banking operations.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Nevada, Paradise, NV, Las Vegas, NV, Reno, NV

Mon Oct 12, 2009

Voice For Liberty in Wichita

John A. Allison: The current problem, and what to do

Last Thursday, John A. Allison visited Wichita to address the annual economic outlook conference produced by the Center for Economic Development and Business Research at Wichita State University.

Comment?

Related Topix: Wichita State University, Banking, Financial Services, Winston-Salem, NC, Greensboro Metro, Salem, NC, Financial Markets

Sat Oct 10, 2009

Charlotte Business Journal

Three chosen for N.C. Business Hall

Three North Carolina business stalwarts, led by BB&T Corp. Chairman John Allison, will be inducted into the N.C. Business Hall of Fame on Nov.

Comment?

Related Topix: North Carolina, Financial Services, Banking

Fri Oct 09, 2009

Winston-Salem Journal

Former BB&T chairman to be in N.C. Business Hall of Fame

The N.C. Business Hall of Fame said yesterday that John Allison, the chairman and retired chief executive of BB&T Corp., will be one of three members of the Class of 2009.

Comment?

Related Topix: Financial Services, Banking

Wed Oct 07, 2009

Business Leader

Grandbridge Acquires Texas & Kentucky Banking Firms

Grandbridge Real Estate Capital LLC, a wholly owned subsidiary of BB&T Corporation and one of the nation's largest full-service commercial and multifamily mortgage banking firms, announced the following: Grandbridge has acquired Dallas, Texas-based real estate finance and advisory firm Quantum First Capital .

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Dallas Metro, Dallas, TX

Mon Oct 05, 2009

Minyanville

Upgrades & Downgrades: A Toast to Financials

The S&P 500 posted its best third quarter performance since the breakup of The Beatles but fell for a second successive week after the unemployment rate rose to a level last seen in 1983.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Biotech, QLT, CIT Group

Sun Oct 04, 2009

JAVA Developer's Journal

RothmanResearch.com Stock Review for XTO, TMX, BBT, BVF, TS and WSH

On this day, we have begun tracking the following companies as they have shown remarkable correction in recent days, you can access these free reports with a number of other reviews by signing up for your complimentary membership at : http://www.rothmanresearch.com/ Companies been researched today are: XTO Energy Inc.

Comment?

Related Topix: Telecom, Telfonos de Mxico, Banking, Oil & Gas, XTO Energy, Financial Services, Energy, Biotech, Medicine, Biovail, Healthcare Industry, Construction, Steel, Mining, Tenaris SA, Insurance, Willis Group Holdings

Sat Oct 03, 2009

Housing Wire

Grandbridge Acquires Firms, Expands Freddie Program

Grandbridge Real Estate Capital , a Charlotte, N.C.-based commercial and multifamily mortgage-banking unit of BB&T Corp.

Comment?

Related Topix: Freddie Mac, Financial Services, Home, Mortgage, Personal Finance, Banking, Louisville, KY

Fri Oct 02, 2009

Fox News

Market Winners & Losers: Invesco, New York Times

The major indexes put forth a valiant effort to buck the bad jobs data but ended the last session of the week on the down side.

Comment?

Related Topix: Publishing, New York Times, Insurance, American International Group, Banking, Financial Services, Sprint, Telecom, IT Services, Business News

The US Market Blog

The Return of the Financial Dividends

The financial crisis lead to dividend cuts amongst several prominent dividend payers such as Bank of America , US Bancorp and BB&T Corp.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Bank of America

Thu Oct 01, 2009

Earth Times

Zacks Analyst Blog Highlights: U.S. Bancorp, Bank of America, JPMorgan Chase, BB&T and Wells Fargo

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Wells Fargo , Bank of America, Financial Markets, JP Morgan Chase

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