EdgeWater 12/15/2010 11:31:18 PM
News / Business

Financial Stock Losers To Track (Popular, BBT, SunTrust Banks)

Financial Stock Losers To Track

Popular, Inc. (NASDAQ:BPOP) slid 0.66% to $3.01. Popular, Inc. is a diversified, publicly owned bank holding company. The Company operates in three markets: Puerto Rico, the United States mainland and providing processing and other technology services in Puerto Rico, Florida, Venezuela, the Dominican Republic, El Salvador and Costa Rica.

The stock has average daily volume of 12 million shares. At today`s closing market price, the market capitalization of the company stands at $3.08 billion.

BB&T Corporation (NYSE:BBT) went down 1.12% to $26.58. The company announced that the Board of Directors declared the 2011 first quarter dividend of $0.15 per common share. At this quarterly rate, the annual dividend is equivalent to $0.60 per common share.

The dividend will be paid February 1, 2011, to shareholders of record as of January 7, 2011. The Company has approximately 694 million shares outstanding.

The stock opened at $26.83 and is trading within the range of $26.44-$27.27.

SunTrust Banks, Inc. (NYSE:STI) lost 0.95% to $26.99. The 52-week range of the stock is $20.04-$32.02. The stock jumped more than 33% year-to-date.

The stock has average daily volume of 6.13 million shares.

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