Nomura Securities Upgrades Synchrony Financial (SYF) to Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/27/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Fox Factory sells Marucci Sports for $225M, cuts debt
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
Synchrony Financial to File Registration Statement in Connection With GE Exchange Offer
October 19, 2015 6:31 AM EDTExchange offer is next major step for Synchrony Financial to be a fully independent company
STAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony Financial (NYSE: SYF) today announced that it intends to file a Registration Statement on Form S-4 with the Securities and Exchange Commission in connection with the proposed exchange offer announced by General Electric Company (NYSE:... More
GE Commences Exchange Offer to Complete Separation of Synchrony Financial
October 19, 2015 6:30 AM EDTFAIRFIELD, Conn.--(BUSINESS WIRE)-- GE (NYSE: GE) today commenced an offer to exchange GE common stock for common stock of Synchrony Financial (NYSE: SYF) presently owned by GE. This exchange offer is in connection with the previously announced separation of Synchrony, the largest provider of private label credit cards in the United States*, from GE. The exchange offer is expected to conclude the week of November 16, 2015.
Last week, Synchrony Financial received approval from the Federal Reserve to become a stand-alone savings and loan holding company... More
Synchrony Financial Reports Third Quarter Net Earnings of $574 Million or $0.69 Per Diluted Share
October 16, 2015 9:00 AM EDTSTAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony Financial (NYSE: SYF) today announced third quarter 2015 net earnings of $574 million, or $0.69 per diluted share. Highlights for the quarter included:
Total platform revenue increased 9% from the third quarter of 2014 to $2.7 billion Loan receivables grew $7 billion, or 12%, from the third quarter of 2014 to $64 billion Purchase volume increased 12% from the third quarter of 2014 Renewed PayPal, a top 10 partnership, and Sleepys Signed new partners - Citgo and The Container Store... More