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Albrecht Joins Reliance Partners As CFO And CRO
Tuesday, May 12, 2020 - 12:24pm | 802Read More...Reliance Partners, the Chattanooga-based insurance agency serving the commercial transportation and trucking industries, announced Monday that Thom Albrecht has joined the company as chief financial officer and chief revenue officer. Prior to joining Reliance Partners, Albrecht was a...
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Your Favorite Analyst's Favorite Analyst: Which Sell Side Firm Has The Most Buy Ratings From Its Peers?
Sunday, November 26, 2017 - 2:37pm | 902Read More...Bank of America (NYSE: BAC) recently upgraded shares of Barclays PLC (ADR) (NYSE: BCS) by two notches from Underperform to Buy. BofA Merrill Lynch cited the underperformance of Barclays' shares and depressed earnings expectations as the reason for its improved assessment. Financial firms are...
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Mixed Earnings Expectations For Bank Of America, JPMorgan And Wells Fargo
Tuesday, January 10, 2017 - 5:00pm | 779Read More...The first of the big banks help kick off the fourth-quarter earnings reporting season this week. Mixed but generally positive results are expected from the first three quarterly reports. Expectations are also positive for the flood of bank earnings reports that follow. The fourth-quarter earnings...
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Analysts At BB&T Revisit A Williams-Sonoma/Restoration Hardware Merger
Wednesday, June 22, 2016 - 12:33pm | 249Read More...Anthony Chukumba of BB&T suggested back in April 2014 that Williams-Sonoma, Inc. (NYSE: WSM) should acquire Restoration Hardware Holdings Inc (NYSE: RH). On Wednesday, the analyst revisited the thesis, noting a deal "makes even more sense now than it did two years ago." Chukumba...
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Amid Gun Sale Slowdown, How Should You Play Sturm, Ruger?
Monday, June 6, 2016 - 10:23am | 298Read More...Now may be the time for Sturm, Ruger & Company (NYSE: RGR) to take advantage of the stock’s 7.8 percent gain this year and lock in some profits. BB&T analyst Brian Ruttenbur has downgraded the stock from Buy to Hold and sees a cyclical downturn ahead for gun makers. While BB&T...
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More Big Banks In The Earnings Spotlight
Sunday, January 17, 2016 - 7:01pm | 605Read More...Fourth-quarter results from the big banks have been unimpressive so far. Analysts are looking for some earnings growth from Bank of America Corp (NYSE: BAC) this week. Wall Street expectations are lower for Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. Citgroup, JPMorgan and Wells...
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BB&T Analyst: Nike Good, But Under Armour Best Pick
Monday, March 23, 2015 - 1:25pm | 350Read More...Nike Inc (NYSE: NKE) reported better-than-expected 2015 third-quarter results last Thursday after market closing, following which shares of the company spiked up on Friday, making all-time highs. Corinna Freedman, BB&T footwear/apparel analyst, was on CNBC recently to weigh in on Nike's...
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Analysts Respond To Carl Icahn's Stake In Manitowoc Company
Tuesday, December 30, 2014 - 4:36pm | 310Read More...Carl Icahn reported a 7.77 percent stake in Manitowoc Company Inc (NYSE: MTW) Monday and called for the break up the company. The stock was up approximately 10 percent after the announcement, although recently traded down 2 percent at $22.35. Credit Suisse analyst Jamie Cook commented that...
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BB&T Analyst: Manitowoc Worth $34 Per Share In Breakup
Monday, December 29, 2014 - 5:41pm | 251Read More...Manitowoc Company (NYSE: MTW) rose sharply Monday after Carl Icahn disclosed a 7.77 percent stake and said he wants to split its construction crane and food service equipment units into two separate companies. In light of Icahn's disclosure, BB&T's C. Schon Williams upgraded...
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RadioShack Extends Big Rally; BB&T Skeptical
Friday, August 29, 2014 - 2:08pm | 278Read More...RadioShack (NYSE: RSH) extended its major rally Friday with shares up more than 140 percent since reports surfaced that a major shareholder was mulling whether to offer bailout financing. But BB&T's Anthony Chukumba said the move would only "delay RadioShack's ultimate demise...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931Read More...U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
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MasTec And Dycom May Benefit From AT&T And DirecTV Deal
Monday, May 19, 2014 - 1:36pm | 278Read More...Shares of MasTec (NYSE: MTZ) and Dycom (NYSE: DY) are moving higher Monday after Adam Thalhimer from BB&T indicated that the two companies may benefit from the AT&T (NYSE: T) and DirectTV (NYSE: DTV) deal. Both MasTec and Dycom are construction companies with a significant...
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ExOne Q1 Miss May Be Due To Timing
Thursday, May 15, 2014 - 11:18am | 104Read More...Shares of ExOne (NASDAQ: XONE) have traded down as much as 15 percent after reporting a Q1 revenue miss of ~$2.4 million, as well as making a cut to the year's gross margin guidance. BB&T analyst Holden Lewis says, "headline is far worse than the reality." Additionally, Lewis noted that ExOne...
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3D System Shares Under Pressure Despite Bullish Comments From BB&T
Monday, April 7, 2014 - 4:03pm | 152Read More...Shares of 3D Systems are down another 5.3 percent to $52.41 in the face of some bullish comments from BB&T. Analyst Holden Lewis is impressed by the company's financials. Management “continues to expect 30%+ organic growth and ~$1B in sales in 2015.” Lewis is forecasting $933.4 million, which...
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GameStop Standing Out in Weak Indexes Following Bullish Comments from BB&T
Thursday, April 3, 2014 - 3:57pm | 138Read More...Shares of Gamestop (NYSE: GME) are standing out in negative broader indexes after BB&T Capital released some bullish comments. Analyst Anthony Chukumba believes GameStop's position in the used video game marketplace is “highly defensible” from the likes of Wal-Mart. Gamers most likely will...
