Company News for January 24, 2011

• SunTrust Banks Inc (NYSE:STI - Analyst Report) increased 5.9% after the bank posted good earnings number resulting from lower loan-loss provisions, beating analysts’ estimates

• Share prices of BB&T Corp (NYSE:BBT - Analyst Report) rose 4.8% after its revenue increased by 12%

• Share prices of Drug maker Hospira (NYSE:HSP - Analyst Report), the sole manufacturer of drugs through which death penalty executions are carried out decreased 0.7% after the company has announced to permanently halt its production. The shares of the company closed at $55.24

• Share prices of Warner Music Group (NYSE:WMG)   rocketed up 27% to $6.01 amid reports of selling a part of its business and enlisting the task of finding probable buyers to Goldman Sachs

• Hewlett-Packard Co’s (NYSE:HPQ - Analyst Report) share price rose 1% after the company reporting of replacing four board members and adding a new member. The list of new appointees includes the name of Meg Whitman, former chief executive officer of e-Bay

Read the full analyst report on STI

Read the full analyst report on BBT

Read the full analyst report on HSP

Read the full analyst report on WMG

Read the full analyst report on HPQ