BB&T

The earnings crunch is on this week. Among the scheduled quarterly reports from the financial sector are those from American Express, Bank of America, Bank of New York, Citigroup, Goldman Sachs, and Morgan Stanley. The tech sector will be represented by earnings reports from IBM, Intel, Microsoft,...

Wells Fargo (NYSE: WFC) and JP Morgan Chase (NYSE: JPM) help kick off the new earnings season this week when they post their first-quarter results on Friday. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and others follow early next week. Some analysts are looking to the financial sector for the...

This week will offer a good look at the state of the financial sector as many of the big banks share their fourth-quarter results. JP Morgan Chase (NYSE: JPM) broke the ice on Friday, reporting a decline in earnings that was more than analysts had estimated. Wells Fargo (NYSE: WFC), Goldman Sachs (...

  By TradersHuddle.com After stocks slumped and the S&P 500 turned negative for the year amid euro zone debt jitters, we identified the following trading ideas.   Shares of PepsiCo (NYSE: PEP) closed the trading session at $65.91, effectively breaking out and closing above calculated...

Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...

BB&T provided color on Chiquita Brands International (NYSE: CQB). In a research report published today, BB&T stressed its concern about the impact of the EU and Colombia trials on Chiquita's performance. In the report, BB&T states, "we are concerned on the EU front. Further, a...

Citi has increased its 2011 estimate on shares of BB&T Corp (NYSE: BBT) “due to results and lower than originally projected credit losses accompanied with higher reserve releases.” “We decreased our 2012-2013 EPS estimates by $0.05 reflecting the shift of reserve releases to earlier periods,”...

BB&T Corp. (NYSE: BBT) reported EPS of $0.32, “a penny above our estimate, marked by sharply lower credit costs, which were offset by weaker fee income (mainly mortgage banking) and core net interest income (ex purchase accounting accretion),” J.P. Morgan reports. “Credit quality improved...