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Company news for January 20, 2014

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•    Shares of Morgan Stanley (NYSE:MS) jumped 4.4% after announcing earnings of $0.50 per share (excluding debt-related credit spreads and Debt Valuation Adjustment (DVA), legal reserves and discrete tax benefit), which beat the Zacks Consensus Estimate of $0.43 a share

•    Capital One Financial Corp.’s (NYSE:COF) shares dropped 5.3% after reporting fourth-quarter earnings of $1.45 per share, lagging the Zacks Consensus Estimate by 5.8%

•    Shares of The Bank of New York Mellon Corporation (NYSE:BK) were down 3.6% after reporting fourth-quarter 2013 adjusted earnings per share of $0.54, which were in line with the Zacks Consensus Estimate

•    SunTrust Banks, Inc.’s (NYSE:STI) shares ended 3.5% higher, boosted by encouraging fourth-quarter 2013 earnings per share of $0.77, ahead of the Zacks Consensus Estimate of $0.70


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