U.S. stock index futures fell on Friday, with markets around the world still unsettled by the Swiss central bank's shock move on Thursday.» Read More
ATLANTA _ SunTrust Banks Inc. on Friday reported fourth-quarter profit decreased by almost 5 percent to $394 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Analysts expected $2.03 billion, according to Zacks.
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Less cash flow from oil companies could pinch loan payments to banks but more gas savings in consumers' wallets will create new business.
Dozens more companies—including big banks, retailers and start-ups—have begun to adopt Apple's mobile payments platform, The New York Times reports.
Some of Friday's midday movers:
Amid near-historic low interest rates, surging markets and record earnings, investors are finding few cheap stocks just one month after bargains were abundant.
U.S. stock index futures are signalling a higher open following better-than-expected earnings and economic data from the U.S.
Some market pros say regional banks like SunTrust can offer hefty returns as a pure play on rising interest rates.
Most bank stocks have risen from their recession lows, but still have a lot of room to grow. Rising rates promise to lift the sector.
Fees and charges can vary dramatically from bank to bank and region to region, making it important for savers to compare what costs they may face.
Engaging the poor and working class as active consumers who require financial services is the best way to stabilize the US economy, says one author.
This week, a mother lode of second quarter earnings are due. Early results are giving Wall Street reasons to be encouraged.
U.S. stock index futures pointed to a lower open on Monday, with investor sentiment subdued due to the ongoing turmoil in Gaza and Ukraine.
Some of the names on the move ahead of the open.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
It's been a tough week for small caps stocks, but both that sector and financials should be watched closely.
SunTrust will pay as much as $320 million to resolve a criminal probe into its mortgage unit's mismanagement of a federal program.
SunTrust Mortgage has agreed to pay $968 million to settle a federal probe into allegations of mortgage origination, the US Justice Department said.
Authorities have discovered the methods fugitive hacker 'Slavik' used to pull off $100 million of alleged bank heists. USA Today reports.
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