Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 5:57:05 PM CDT


Stories related to: SunTrust Banks

Stories

3 Stories

  • July 2008
    • Credit Woes Move Bank to Offload $2B in Coke Shares

      Credit Woes Move Bank to Offload $2B in Coke Shares

      Continuing credit losses have prompted SunTrust Bank to offload its 43.6 million shares of Coca-Cola, breaking ties with the soft-drink maker that stretch more than 90 years and include a copy of the cola’s secret recipe stored in the bank’s Atlanta vault, the Guardian reports. SunTrust’s announcement that it would dispose of its $2 billion stake boosted Coke shares 3.5% yesterday. More »

      Tags

      mortgage crisis   Atlanta   Coca Cola   subprime mortgage crisis   SunTrust Banks

  • March 2008
  • December 2007

3 Stories

Today's Most Popular

Loading...

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »