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Sunday 19 April 2015
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Stocks With Escalations: First Niagara Financial Group, (NASDAQ:FNFG), SunTrust Banks, (NYSE:STI), Integrated Device Technology, (NASDAQ:IDTI), BB&T Corporation, (NYSE:BBT)

On Monday, First Niagara Financial Group Inc. (NASDAQ:FNFG)’s shares surged 1.01% to $9.01, after the bank holding company declared that it will release first quarter results before the market opens on Friday, April 24, 2015. The Company will host a conference call at 8:30 a.m. Eastern Time, during which administration will talk about the Company’s financial performance, followed by a question-and-answer session.

First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.

SunTrust Banks, Inc. (NYSE:STI)’s shares gained 0.99% to $41.91, during the last trading session on Monday, as on April 1, the holding company for SunTrust Bank has teamed up with Junior Achievement (JA) to provide financial education to students through a series of events in Georgia, Florida, Maryland, Tennessee and Virginia during April.

SunTrust volunteers will work with elementary, middle and high school students using JA’s curriculum to foster work-readiness, entrepreneurship, financial literacy skills and experiential learning to inspire students to dream big and reach their potential.

“Promoting financial literacy is a year-long effort for our teammates, as we believe financial well-being is one of the cornerstones of a vibrant community and economy,” said Jenner Wood, Atlanta Division chairman and CEO of SunTrust. “During Financial Literacy Month and every month, our aim is to assist the next generation make wise financial decisions that can positively influence their futures.”

JA programs educate more than 4.5 million students in the United States each year. SunTrust was recently honored by JA with the President’s Volunteer Service Award for providing more than 5,000 volunteer hours and reaching more than 120,000 students in the Atlanta community during the 2013-2014 school year. SunTrust is also a presenting sponsor of Junior Achievement’s Chick-fil-A Foundation Discovery Center in Atlanta.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Administration, Wholesale Banking, and Mortgage Banking.

At the end of Monday’s trade, Integrated Device Technology, Inc. (NASDAQ:IDTI)’s shares gained 0.99% to $20.46, as Integrated Device Technology declared that it will issue fourth quarter and fiscal year 2015 financial results on May 4, 2015 after 1:00 p.m. Pacific time.

The financial results webcast will start at 1:30 p.m. Pacific time and will be accessible via the IDT website at http://ir.idt.com/. The webcast replay will be accessible after 5 p.m. Pacific time on May 4.

Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of mixed signal semiconductor solutions for the communications, computing, and consumer industries worldwide. It operates in two segments, Communications, and Computing and Consumer.

Finally, BB&T Corporation (NYSE:BBT), ended its Monday’s trading session with 0.97% gain, and closed at $39.42, as CRC Insurance Services Inc., (CRC) a wholesale insurance partner of BB&T Corporation’s principal partner Branch Banking and Trust Company, declared a contract to attain planned assets of NAPCO, LLC (Napco). Terms were not revealed.

Founded in 1996, Napco is a leading independent wholesale broker of commercial property catastrophe insurance coverage. The Iselin, N.J.-based privately held company provides retailers with an efficient, single source, independent marketing arm for difficult placements that have noteworthyproperty exposures.

CRC, with more than $4.3 billion in casualty, property and professional premiums during 2014, is a leading wholesale property and casualty insurance broker in the United States. Founded in 1982, CRC has 46 offices throughout the country.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services.

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