Scorching Hot Financial Stocks Tape: BB&T Corporation (BBT), HCP, Inc. (HCP)

BB&T Corporation (BBT) ended last trading session with a change of -0.06 percent. It trades at an average volume of 4.43M shares versus 3.49M shares recorded at the end of last trading session. The share price of $47.68 is at a distance of 52.53 percent from its 52-week low and down -4.41 percent versus its peak. The company has a market cap of $38.84B and currently has 814.66M shares outstanding. The share price is currently -0.85 percent versus its SMA20, 1.6 percent versus its SMA50, and 17.5 percent versus its SMA200. The stock has a weekly performance of -1.14 percent and is 2.06 percent year-to-date as of the recent close.

On March 7, 2017 BB&T Corporation (BBT) announced the construction of a new home for The BB&T Leadership Institute, which provides leadership development programs for corporate executives, business owners, BB&T clients and education leaders. The 58,000-square-foot, approximately $34 million dollar facility will be built on a heavily wooded 11-acre site adjacent to the BB&T Triad Corporate Center on Airport Center Drive in Greensboro, N.C. The institute expects to begin operating in the new facility in early 2018.

Featuring a rustic lodge ambience with extensive use of glass and an open floor plan to fully feature the scenic surroundings, the three-level facility will include meeting spaces, 48 guest rooms for overnight visitors and room for staff offices. Project architects sought to create a relaxing, comfortable environment where participants become receptive to the program’s mission of exploration and self-discovery.

HCP, Inc. (HCP) recently recorded 0.07 percent change and currently at $29.78 is 11.66 percent away from its 52-week low and down -17.12 percent versus its peak. It has a past 5-day performance of -5.46 percent and trades at an average volume of 4.21M shares. The stock has a 1-month performance of -1.75 percent and is 1.42 percent year-to-date as of the recent close. There were about 468.02M shares outstanding which made its market cap $13.94B. The share price is currently -4.94 percent versus its SMA20, -2.31 percent versus its SMA50, and -5.1 percent versus its SMA200.

On February 13, 2017 HCP, Inc. (HCP) announced results for the quarter and year ended December 31, 2016.

In addition to the items discussed above, fourth quarter 2016 net income included net gain on sales of real estate of $0.14 per share (of which $0.04 per share is reflected in equity income from unconsolidated joint ventures). During the fourth quarter 2015, operating results included non-cash HCRMC income of $0.08 per share. Additionally, fourth quarter 2015 net income included: (i) $0.01 per share of interest income from monetizing a senior housing development loan and (ii) $0.03 per share of net gain on sales of real estate from HCP Ventures III and IV, which is reflected in equity income from unconsolidated joint ventures.