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

SUNDAY, NOVEMBER 8, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: SunTrust Banks

SunTrust Banks stories: 4 news summaries

MARKETS

 Dow Up 70 on Mixed Earnings 

Apple, eBay do well in first quarter; UPS, SunTrust banks post losses

(Newser) - Stocks gained today amid mixed earnings news, the Wall Street Journal reports. Market volatility has dropped, with neither of the past two sessions seeing any big moves. Apple, eBay, Coach and Radio Shack beat expectations, while UPS, SunTrust Banks and Fifth Third Bancorp saw losses. The Dow rose 70.49... More »

MORE ABOUT:
eBay Dow Jones Nasdaq SunTrust Banks S&P 500 first quarter earnings United Parcel Service Inc.

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

Cola's secret formula kept in SunTrust vault

(Newser) - 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... More »

MORE ABOUT:
Atlanta Coca Cola SunTrust Banks subprime crisis

Home-Equity Loans Latest to Bite Banks

Even lenders that dodged subprime chaos suffering big trickle-down losses

(Newser) - Home-equity loan defaults are soaring, the Wall Street Journal reports, as the trickle-down effect of the subprime mortgage crisis makes its way into what was once a source of big profits for lenders. JP Morgan Chase and Wells Fargo both escaped major writedowns on subprime mortgages gone bad, but already... More »

Wireless Giants Blocking New Mobile Services

Verizon, AT&T, keep competitors away

(Newser) - Wireless service giants AT&T and Verizon may be blocking other companies' devices and applications to defeat potential competition. Business Week reports that a discount international cell phone service, a wireless banking service, and PayPal, trying to bring its online payment service to wireless, were all obstructed by one or... More »

MORE ABOUT:
cell phones Verizon Wachovia AT and T PayPal Sprint wireless service Nextel SunTrust Banks Rebtel short code

4 Stories