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Wednesday, April 7, 2010 as of 11:14 AM ET

SunTrust Banks

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SunTrust Banks, Inc., is an American bank holding company. The largest subsidiary is SunTrust Bank. It had US$172.7 billion in assets as of September 30, 2009. SunTrust Bank's most direct corporate parent was established in 1891 in Atlanta, where its headquarters remain.

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What the Big Guns are Doing

Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.

While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...

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    The Federal Reserve late Friday corrected some of the details of the stress test, though none of the changes impact that four banks -- Ally Financial, SunTrust Banks...

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  1. Soros Dumps Google and Apple, Buys Banks

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  3. SunTrust In Talks To Sell Asset Manager RidgeWorth -Reuters

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    Bank of America Corp. and Citigroup Inc. led U.S. financial stocks lower on Monday as political upheaval in Europe added market pressure already hanging over markets...

  5. SunTrust 1st-period Net Up 39%, Revenue Up 2.7%

    SunTrust Banks Inc., the Atlanta financial-services company, reported that first-quarter net income rose 39% on 2.7% higher revenue. Earnings reached $250 million, o...

  6. SunTrust 1Q Net Up 39% On Stronger-Than-Expected Revenue

    DOW JONES NEWSWIRESSunTrust Banks Inc.'s (STI) first-quarter profit rose 39% as the regional bank reported stronger-than-expected revenue and improving credit qualit...

  7. Google, Micron Technology Among Stocks Down on Above-average Volume Friday

    Here are stocks that are down on high volume today:Trading at a volume of five million, or 2.1 times its average daily volume, Google (NASDAQ:GOOG) is down on high v...

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