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BB&T, SunTrust Announce Merger To Create Sixth-Largest US Bank
Thursday, February 7, 2019 - 10:38am | 411BB&T Corporation (NYSE: BBT) reached an agreement with SunTrust Banks, Inc. (NYSE: STI) that will see the two regional banks merge into one and become the sixth-largest U.S. bank. What Happened The merger of equals will result in a new bank entity that will have around $442 billion in assets, $...
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New Year, New Oil Outlook: Pros Debate Commodity's Trajectory
Wednesday, January 2, 2019 - 11:36am | 438WTI crude oil has lost 40 percent since early October, and experts are conflicted on whether the worst is yet to come for the global commodity. Considering Big Dividend Payers One of the biggest contributors to the large decline in oil prices in recent months is an increase in...
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The Top 10 Financial Tweets For Friday, July 26
Friday, July 26, 2013 - 9:02am | 1307There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Reuters Business Reuters Business (@ReutersBiz) tweeted an article about UBS's (NYSE:...
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Non-Farm Payrolls Rise in October, Economy Adds 171,000 Jobs
Friday, November 2, 2012 - 8:55am | 579The Bureau of Labor Statistics released its monthly employment situation report Friday showing that Non-Farm Payrolls increased by 171,000 jobs in October and revisions added an additional 85,000 jobs, greater than estimates of an increase of 125,000 jobs on the headline number. The unemployment...
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Apple TV Set Speculation Heats Up
Tuesday, June 28, 2011 - 3:56pm | 180Just when you thought it was safe to assume that Apple (NASDAQ: AAPL) wouldn't release its own television sets, a prominent analyst has given support to the idea that Apple will design and release its own TVs. “What Apple does really well is put everything into one box,” Gene Munster, the famous...
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Doug Kass Tells Tom Keene: Calls On Double-Dip Recession Exaggerated
Wednesday, July 14, 2010 - 7:18am | 229In an article on Bloomberg Businessweek, Doug Kass, president of Seabreeze Partners Management Inc, said that investors should turn bullish on US stocks as data is indicating that calls on double-dip recession are exaggerated. In a radio interview with Tom Keene on Bloomberg Surveillance, Doug...