Nomura Securities Reiterates Buy on Synchrony Financial (SYF) Following Better-Than-Expected Payout

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Synchrony Financial (SYF): Capital Plan Larger Than Expected - Jefferies

July 8, 2016 8:28 AM EDT

Jefferies analyst, John Hecht, reiterated his Buy rating on Synchrony Financial (NYSE: SYF) after announcing its capital plan for the next 4 quarters. The total payout of ~$1.38B, nearly 60% of forecasted CY16 income, is modestly ahead of expectations.

The total annual dividend of $0.52 compares... More

BTIG Affirms Synchrony Financial (SYF) at 'Buy' as New Catalyst Appears

July 8, 2016 8:10 AM EDT

BTIG affirms Synchrony Financial (NYSE: SYF) with a Buy rating and $42 price target following the company's announcement... More

After-Hours Stock Movers 07/07: (CUDA) (GPS) (SYF) Higher; (JUNO) (KITE) (PSMT) Lower (more...)

July 7, 2016 6:00 PM EDT

Today's After-Hours Movers

Juno Therapeutics' (NASDAQ: JUNO) 27.2% LOWER; announced that it has received notice from the U.S. Food and Drug Administration (FDA) that a clinical hold has been placed on the Phase II clinical trial of JCAR015 in adult patients with relapsed or refractory B cell acute lymphoblastic leukemia (r/r ALL), known as the ROCKET trial. The clinical hold was initiated after two patient deaths last... More

Synchrony Financial (SYF) Declares $0.13 Quarterly Dividend; $952M Buyback

July 7, 2016 5:30 PM EDT

Synchrony Financial (NYSE: SYF) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on August 25, 2016, to stockholders of record on August 12, 2016, with an ex-dividend date of August 10, 2016.

The annual yield on the dividend is 2... More