BMO Capital upgraded SunTrust citing last night's balance sheet actions that include the liquidation of its Coca-Cola position, the sale of $200M affordable housing investments, and increasing the mortgage repurchase reserve, all of which will add to earnings and increase its TIC ratio. Price target raised to $35 from $26.
Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, …