Recent News & Activity ; News•Mar 9, 2022 · Business Journals — These Orlando BB&T and SunTrust branches shuttered after Truist merger ; News•Feb 11, 2022 · Business Journals — BB&T officially rebranding to Truist in Philadelphia region this month ; News•Jan 21, 2022 · Business Journals — Former BB&T exec gives ECU scholarship program $1M boost
BB&T Corporation The BB&T Financial Center, the former headquarters of BB&T. Company type Subsidiary Industry Banking Founded 1872 ; 152 years ago Founders Alpheus Branch Thomas Jefferson...
� Ethical � rating of BB&T Corp. , group and subsidiaries ; Jobs -4% /1998 ; Profit 4 · Bn $.€ /1998 ; Wage 378 · *min.
She says industry-wide revenue per available room (RevPar) was up 2% between July and September, reflecting strong leisure travel, a pickup in transient business travel, and firmer room rates. Provided that the U.S. economy continues to exhibit signs of expansion, Krewson expects positive trends to continue, and believes Equity Inns should benefit from a broader recovery. ...
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BB&T Capital upgrades La-Z Boy (LZB ) to buy from hold. Analyst Joel Havard says his upgrade is based on the company's business realignment to better compete in the global residential...
BB&T Capital upgraded Culp (CFI ) to strong buy from buy. On Wednesday the fabrics and mattress tickings manufacturer posted a $0.08 third-quarter loss (excluding the cumulative effect of an accounting change). Analyst Joel Harvard says that the reaction to the charges and a plant closing is overdone. He sees savings from eliminations of operations and extra production from its Carolina facility as being additive to earnings per share in fiscal 2004 (April). Harvard thinks the current tough industry conditions will turn around. He says Culp's o ...
BB&T reiterates its strong buy rating on Culp (CFI ). Analyst Joel Havard says first-quarter results are better than his expectations. He notes, although total revenues fell, mattress ticking sales rose 4.6%, vs. his estimate of a 5% decline. He says he's encouraged by mattress ticking results as the bedding industry normally leads the home-furnishings industry out of a down cycle. He notes Haverty Furniture and Leggett & Platt also provided positive bedding data points in the past few months. ....
BB&T Capital upgraded industrial-equipment distributor MSC Industrial Direct (MSM ) to buy from hold. Analyst Holden Lewis says the key to his upgrade is that the quarter highlighted an already solid execution, and was brought to a level he had not previously assumed would occur. He notes non-manufacturing continues to expand rapidly; he expects this to be a source of sales growth in fiscal 2004 (Aug). Lewis says MSC beat his fourth-quarter estimate on selling, general, and administrative compre...
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