Suntrust Banks News

SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities.

SunTrust customers said Monday they couldn't believe a female bank robber walked into the branch office and brazenly told a teller to hand over cash or she would blow up the bank.

The firm currently has a $37.00 price target on the stock, up from their previous price target of $30.00. Several other analysts have also recently commented on the stock.

SunTrust Banks : "It is driving us crazy. We sold the stock and it was a mistake.

A number of other analysts have also recently weighed in on STI. Analysts at Barclays Capital reiterated an "underweight" rating on shares of SunTrust in a research note to investors on Wednesday.

It would be another big downtown move for Georgia State, but it would have competition.

State of the Housing Union Part 2 In the second segment of the three part video series, Jonathan Weiner, vice president of research and development at Lender Processing Services, looks at the beginning of the housing recovery that occurred during 2012.

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David Mann , chairman and CEO of the bank's North Florida region since 2009, has been pegged to lead five teams within SunTrust's commercial real estate line of business.

The firm currently has a "neutral" rating on the stock. A number of other analysts have also recently weighed in on STI.

It was all too common during the bubble years that began almost a decade ago to see quality community or regional banks de-prioritize their traditional businesses to reach for the fool's gold offered by riskier lending.

The firm currently has a "neutral" rating on the stock. A number of other firms have also recently commented on STI.

May 3 - : * Zions Bancorporation : Guggenheim raises target price to $28 from $26; rating neutral * Wells Fargo & Co : Guggenheim raises target price to $47 from $46.50; rating buy * Citigroup Inc : Guggenheim raises price target to $58 from $57; rating buy * State Street Corp : Guggenheim cuts target price to $61 from $65; rating neutral * Fifth ... (more)

In recent weeks, Wall Street has gained an attraction for the regional banks in addition to popular money center banks such as Bank of America Corp and Citigroup Inc.

New York-based private equity firm Lightyear Capital has emerged as the lead bidder to buy SunTrust Banks Inc's RidgeWorth Investments asset management unit, three sources familiar with the situation told Reuters this week.

It's easy to assume that people who have amassed millions of dollars have a pretty good feel for money management.

It's easy to assume that people who have amassed millions of dollars have a pretty good feel for money management.

SunTrust Banks By FBR Capital Markets We are upgrading shares of SunTrust Banks to Outperform from Market Perform and raising our price target to $37 from $30 following first-quarter earnings.

This morning, Credit Suisse increased its EPS estimates on shares of DR Horton through 2014 as the company is seeing strong sales trends this year.

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com The problem is simple: Banks typically re-evaluate commercial mortgages every five to 10 ... (more)