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SunTrust Banks Inc

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  • Farrell: Think Bear Market ... Not Housing Stats Friday, 25 Jul 2008 | 7:40 AM ET

    The housing report was not so far off the expected and was not nearly as bad as it was treated. We declined because we are in a bear market.

  • Stocks Rally to the Finish With Banks in the Lead Tuesday, 22 Jul 2008 | 4:59 PM ET

    Stocks surged in the final hour of trading as a sharp drop in oil prices and an analyst note prompted a late rally in financials. The Nasdaq eked out a gain but investors still punished select techs, including Apple and Texas instruments after the firms dispatched disappointing results.

  • Oil Boosts Stocks but Techs Weigh on Market Tuesday, 22 Jul 2008 | 3:34 PM ET

    Stocks advanced, buoyed by a sharp drop in oil prices, but technology stocks dragged on the market after disappointing earnings from Apple and Texas Instruments.

  • Oil Buoys Stocks but Techs Drag Tuesday, 22 Jul 2008 | 2:01 PM ET

    Stocks advanced, buoyed by a sharp drop in oil prices, but technology stocks dragged on the market after disappointing earnings from Apple and Texas Instruments.

  • Stocks Hit by Weak Earnings, Outlooks Tuesday, 22 Jul 2008 | 10:32 AM ET

    Stocks dropped at the open, crushed by a wave of disappointing earnings reports both after the close Monday and before the bell Tuesday.

  • SunTrust Profit Falls, Sells Coke Shares Tuesday, 22 Jul 2008 | 6:34 AM ET

    SunTrust Banks, a large U.S. southeast regional bank, said on Tuesday second-quarter profit declined, hurt by higher credit costs.

  • Oil Drops, Dow Pops 276 Wednesday, 16 Jul 2008 | 5:53 PM ET

    The Dow rallied on Wednesday after strong results from Wells Fargo lifted the entire banking sector to it’s biggest one day gain in almost two decades. What's the "Word on the Street?"

  • Stocks Skid as Bailout Fails to Sway Investors Monday, 14 Jul 2008 | 5:35 PM ET

    Stocks finished lower, led by financials, as investors worried that the bailout of Fannie Mae and Freddie Mac might not be enough to prevent further turmoil in financial markets.

  • Looming Bank Earnings Fraught with Pain, Uncertainty Thursday, 10 Jul 2008 | 11:40 AM ET

    U.S. banks will unleash a tide of poor quarterly results over the next two weeks, yet investors may choose to focus instead on when a recovery might be at hand and how much more capital raising and dividend cutting will be needed to achieve it.

  • Stocks Land Lower to Close Wild Trading Day Monday, 7 Jul 2008 | 4:08 PM ET

    Stocks whipped back to positive territory on a seesaw day for Wall Street, which was dominated by a large dumping of financial shares and a drop in oil that staggered large energy producers.

  • Banks "Sweating" Under Construction Loans Monday, 7 Jul 2008 | 10:30 AM ET

    We started to hear rumblings last week about how residential construction loans are weighing heavily on local banks because, big surprise, some of the builders are having trouble keeping up with the payments.

  • Lightning Round: Verizon, Exelon, Wachovia and More Tuesday, 1 Jul 2008 | 6:11 PM ET

    Cramer makes the call on viewers' favorite stocks.

  • Nearly 1.6 billion shares and $22 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Nearly 1.4 billion shares and $20 billion traded Friday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Market Lynchpins: Energy And Materials Friday, 20 Jun 2008 | 4:37 PM ET

    Two trends were not helpful to those looking for a bottom today.

  • SunTrust Sees No Need To Cut Dividend, Sell Shares Friday, 20 Jun 2008 | 3:54 PM ET

    SunTrust Banks on Friday said it does not expect to change its quarterly dividend or issue additional common shares, soothing concern that the large U.S. Southeast regional bank might need to raise or preserve capital to address credit problems.

  • JPMorgan May Be Interested in Wachovia Bid: Sources Friday, 20 Jun 2008 | 2:30 PM ET

    JPMorgan Chase is interested in acquiring another bank, and the firm has Wachovia high on its list of possible targets, CNBC has learned.

  • Merrill Sees Bank Stocks Nearing Their Bottom Friday, 20 Jun 2008 | 10:32 AM ET

    US large-cap regional banks' stocks now appear to be in "capitulation mode" and will likely trade below fair value in the near term, an analyst at Merrill Lynch said.

  • China's Rising Gas Prices May Help U.S.? Thursday, 19 Jun 2008 | 4:32 PM ET

    It was a mixed day, which started poorly with a big earnings warning from HMO Coventry, as well as Burlington Northern and Smucker's, which noted higher soybean oil and wheat costs were hurting their bottom line.

  • Regional Banks Stage Rally Thursday, 19 Jun 2008 | 3:34 PM ET

    Not only did BB&T rally into positive territory (it was down almost 10 percent), but other regional banks like Suntrust also rallied modestly. Why? Because shorts keep pressing these names under the theory that many will follow KeyCorp and Fifth Third and cut the dividend;