News Topic - SunTrust Banks
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SunTrust strikes outsourcing deal with Canadian company
SunTrust Banks Inc. signed a 10-year agreement with Toronto-based company Symcor Inc. to outsource "a significant portion" of the bank's back-office banking operations, a statement released April 17 said.
bizjournals.com – Sep 4, 2008 1:11 PM [GMT] ¦ comment?
found in Business: Manufacturing
SunTrust Banks Inc. signed a 10-year agreement with Toronto-based company Symcor Inc. to outsource "a significant portion" of the bank's back-office banking operations, a statement released April 17 said.
bizjournals.com – Sep 4, 2008 1:11 PM [GMT] ¦ comment?
found in Business: Manufacturing
Options expert flags bearish activity in banks
BOSTON (MarketWatch) -- Jon Najarian, market analyst at OptionMonster Holdings Inc., on Monday said he saw evidence of options traders making bearish bets on Wells Fargo & Co. and SunTrust Banks Inc. . "Neither Sun Trust, nor Wells Fargo trades are naked, out-the-money put purchases," Najarian wrote in a research note. "Nope, not the bankruptcy bets, these are bets that Wells Fargo and SunTrust move lower, but not that they head down 40% or 50%. Instead these show that there are interested parties that still look for downside movement, but these bets are that the move is 10% to 15%. That would take SunTrust to $35 or Wells Fargo to $25."Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Aug 25, 2008 5:27 PM [GMT] ¦ comment?
found in Business: Markets
BOSTON (MarketWatch) -- Jon Najarian, market analyst at OptionMonster Holdings Inc., on Monday said he saw evidence of options traders making bearish bets on Wells Fargo & Co. and SunTrust Banks Inc. . "Neither Sun Trust, nor Wells Fargo trades are naked, out-the-money put purchases," Najarian wrote in a research note. "Nope, not the bankruptcy bets, these are bets that Wells Fargo and SunTrust move lower, but not that they head down 40% or 50%. Instead these show that there are interested parties that still look for downside movement, but these bets are that the move is 10% to 15%. That would take SunTrust to $35 or Wells Fargo to $25."Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Aug 25, 2008 5:27 PM [GMT] ¦ comment?
found in Business: Markets
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