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Early Morning Insight: SunTrust Banks Inc., The Blackstone Group, BB&T Corp., and Valley National Bancorp

LONDON, September 6, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Thursday, September 5, 2013, all three indexes of the US equity market ended higher. The Dow Jones Industrial Average ended the day at 14,937.48, up 0.04%; the S&P 500 closed at 1,655.08, up 0.12%; and the NASDAQ Composite finished at 3,658.79, up 0.27%. Shares in the financial sector ended mostly higher, tracking gains in the broader market. The major movers included Sun Trust Banks Inc. (NYSE:STI), Blackstone Group L.P. (NYSE:BX), BB&T Corporation (NYSE:BBT), and Valley National Bancorp (NYSE:VLY). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on STI, BX, BBT, and VLY now at:


Sun Trust Banks Inc.'s stock moved higher on Thursday, tracking gains in the broader market. The company's shares oscillated between $32.30 and $32.75 before finishing the day 0.59% higher at $32.55. A total of 3.11 million shares were traded, which is below the daily average volume of 3.70 million. Sun Trust Banks Inc.'s shares have gained 1.66% in the last three trading sessions and 3.17% in the previous three months, compared to a gain of 1.35% and 2.87% in the S&P 500 during the respective periods. Further, the stock is currently trading above its 200-day moving average of $30.26. Download free research on STI today by registering at:


On Thursday, Blackstone Group LP's shares oscillated between $21.93 and $22.32 before closing the day at $21.99, which is 0.86% lower than the previous day's closing price of $22.18. A total of 1.87 million shares were traded, which is below the daily average volume of 4.75 million. The company's shares have gained 5.22% in the last three months, outperforming the S&P 500 which has advanced 2.87% during the same period. Moreover, Blackstone Group LP's stock is trading above its 200-day moving average of $19.71. Sign up and have access to our free report on BX at:


BB&T Corporation's stock ended flat on Thursday, even as the broader market posted gains. The company's shares fluctuated between $33.81and $34.17 before finishing the day at $33.93. A total of 3.21 million shares were traded, which is below the daily average volume of 3.29 million. The company's shares have gained 4.46% in the last three months, outperforming the S&P 500 which has gained 2.87% during the same period. Furthermore, BB& T Corporation's stock is currently trading above its 200-day moving average of $31.80. Sign up and read the complimentary report on BBT at:


Shares in Valley National Bancorp ended slightly higher on Thursday, tracking gains in the broader market. The company's shares ended the day 0.40% higher at $10.12 after oscillating between $10.05 and $10.19. A total of 1.22 million shares were traded, which is above the daily average volume of 1.14 million. The company's stock has gained 11.33% in the last three months, outperforming the S&P 500 which has gained 2.87% during the same period. Further, Valley National Bancorp's stock is trading above its 50-day and 200-day moving averages. The free report on VLY can be downloaded by signing up now at:




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SOURCE AAA Research Reports

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