BB&T Corp., Synovus Financial, Regions Financial, First Horizon National, and Fulton Financial Under StockCall's Microscope
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130314:nPn3147107 LONDON, March 14, 2013 /PRNewswire/ -- The Federal Reserve has kept interest rates at record low levels since the financial crisis to boost economic growth. While low interest rates are benefiting the economy, it has resulted in increasing margin pressure for regional banks. However, record low interest rates have boosted lending activity, which is benefiting regional banks such as BB&T Corporation (NYSE: BBT), Synovus Financial Corp. (NYSE: SNV), Regions Financial Corporation (NYSE: RF), First Horizon National Corporation (NYSE: FHN), and Fulton Financial Corp. (NASDAQ: FULT). On Wednesday, regional bank stocks ended mostly higher tracking gains in the broad market. StockCall has released full comprehensive research on BBT, SNV, RF, FHN, and FULT and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis BB&T Corporation shares posted modest gains in Wednesday's trading session. The stock closed 0.64% higher at $31.57 on volume of 2.29 million. The stock has had a decent run so far this year, gaining nearly 8.50%, compared to a gain of 9% for the S&P 500. The Mid-Atlantic regional bank's shares have just broken through $31 resistance level, which is a bullish signal. The stock is also trading above its 50-day and 200-day moving averages. The MACD chart further confirms the bullish trend. The stock's MACD is currently trading above the signal line and the zero-line. Free technical analysis on BBT available by signing up at http://www.StockCall.com/BBT031413.pdf Shares of Synovus Financial Corp. rose sharply in yesterday's trading session. The stock closed 1.06% higher at $2.85 on volume of 9.12 million. In the last three sessions, this regional bank's shares have gained more than 2.50%. The stock closed at a 52-week high on Wednesday. It has outperformed the broad market in 2013, gaining more than 16%, compared to a gain of 9% for the S&P 500. Synovus' shares are currently trading above their 50-day and 200-day moving averages, which is a bullish signal. The bullish trend is further confirmed by the stock's MACD chart. Register today and access the free research on SNV at http://www.StockCall.com/SNV031413.pdf Shares of Regions Financial Corporation rose sharply in Wednesday's trading session. The stock closed 1.60% higher at $8.25 on volume of 15.81 million. This Southeast regional bank's shares are currently trading close to their 52-week high of $8.36. Year-to-date, the stock has gained nearly 16%, outperforming the S&P 500. Regions Financial's shares have just broken through $8 resistance level, which is a bullish signal. The bullish trend is further confirmed by recent volume activity and the stock's MACD chart. The free report on RF can be downloaded by signing up now at http://www.StockCall.com/RF031413.pdf Shares of First Horizon National Corp. have outperformed the broad market this year, gaining more than 12%. The stock is currently trading close to its 52-week high of $11.34. On Wednesday, First Horizon National's shares rose 0.36% to finish at $11.16. The stock is currently facing resistance at around $11.20. Free report on FHN can be accessed by registering at http://www.StockCall.com/FHN031413.pdf Shares of Fulton Financial Corp. edged higher in yesterday's trading session. The stock closed 0.61% higher at $11.57 on volume of 465,137. Fulton Financial's shares are trading close to their 52-week high of $11.59. The stock has seen a series of highs since the start of this year, which is a bullish signal. Register with StockCall and download the research on FULT for free at http://www.StockCall.com/FULT031413.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person: William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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