CFO (Free subscription) | 07/23/2008
While the stock's barred from trading for six months, BB&T Corp. is discounting it to compensate pensioners for the risk that not being able to sell the stock could result in a loss over that period.
The Business Journal of the Greater Triad Aera (Free subscription) | 07/23/2008
BB&T Corp.'s pension plan has purchased 2.45 million shares of the company's common stock for $52.9 million. (BBT)
The Charlotte Business Journal (Free subscription) | 07/23/2008
BB&T Corp.’s pension plan has purchased 2.45 million shares of the company’s common stock for $52.9 million. (BBT)
Seeking Alpha (Free subscription) | 07/18/2008
BB&T Corporation (BBT) Q2 2008 Conference Call Complete Story »
The Business First of Louisville (Free subscription) | 07/17/2008
BB&T Corp. Thursday reported lower profits for the second quarter as credit losses mounted in the face of a struggling Southeast housing market. (BBT)
SignalBlog (Free subscription) | 07/17/2008
BB&T Corp. said Thursday its second-quarter earnings slipped 7 percent as it increased the amount set aside to cover bad loans, but results were slightly better than Wall Street expected. For the three months ended June 30, the bank reported net income of $428 million, or 78 cents per share, compared with $458 million, or 83 [...]
Reuters UK (Free subscription) | 07/17/2008
NEW YORK, July 17 (Reuters) - BB&T Corp , a large U.S. Southeast regional bank, on Thursday said second-quarter profit fell more than 6 percent, hurt by higher credit losses tied to the nation's housing slump.
Market Watch (Free subscription) | 07/17/2008
NEW YORK (MarketWatch) -- BB&T Corp. said Thursday that its second quarter profit fell 6.6% to $428 million, or 78 cents a share, compared to $458 million, or 83 cents a share a year ago. The results for the latest quarter included a $30 million after-tax gain from the sale of Visa stock, a $22 million after-tax gain from an extinguishment of debt and $1 million in net after-tax merger-related and...
The Triangle Business Journal (Free subscription) | 06/24/2008
Less than a week after saying it still planned to increase its dividend in 2008, BB&T Corp. did just that Tuesday. (BBT)
The Business First of Louisville (Free subscription) | 06/24/2008
The board of directors of financial-services company BB&T Corp. today declared an increase in the 2008 third-quarter dividend to 47 cents a share, up from the 46 cents a share paid in the third quarter of 2007. (BBT)
PR News Wire (Free subscription) | 06/24/2008
WINSTON-SALEM, N.C., June 24 /PRNewswire-FirstCall/ -- The board of directors of BB&T Corporation (NYSE: ) today declared an increase in the 2008 third quarter dividend to $0.47 per share, a 2.2 percent increase over the $0.46 paid in the third quarter of 2007. The dividend will be paid Aug. 1 to shareholders of record as of July 11. "We are pleased to announce an increase in the cash dividend,"...
Seeking Alpha (Free subscription) | 06/23/2008
Dividends4Life submits: Linked here is a PDF copy of my analysis of BB&T Corporation (BBT) ( alt1 , alt.2 ). Below are some highlights from the above linked analysis: Company Description: The BB&T Corporation operates as a holding company for Branch Banking and Trust Company that provides commercial banking and trust services for small and mid-size businesses, public agencies, local governments, and...
Market Watch (Free subscription) | 04/30/2008
NEW YORK (MarketWatch) -- Wachovia Corp said Wednesday that it expects to take a second-quarter charge of $800 million to $1 billion related to a tax ruling. Wachovia said it decided to take the charge because of its analysis of a ruling in BB&T Corporation v. the United States. That ruling regarded accounting for lease transactions that are similar, but not identical, to some of Wachovia's lease...
TaxProf Blog (Free subscription) | 04/29/2008
On the heels of the Government's big win last week in the Fifth Third Bancorp LILO tax shelter case: the 4th Circuit today affirmed the Government's victory in the first LILO tax shelter case, BB&T Corp. v. United States, No....
The Charlotte Business Journal (Free subscription) | 04/24/2008
BB&T Corp.'s insurance arm will buy UnionBanc Insurance Services, an insurance subsidiary of the Union Bank of California. (UB) (MTU) (BBT)
