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Fin Stocks Analysis! Synchrony Financial (SYF), Regions Financial Corp (RF)

Shares of Synchrony Financial (NYSE:SYF) ended Monday session in red amid volatile trading. The shares closed down -0.42 points or -1.50% at $27.58 with 7.19 million shares getting traded. Post opening the session at $27.84, the shares hit an intraday low of $27.51 and an intraday high of $28.13 and the price vacillated in this range throughout the day. The company has a market cap of $23.53 billion and the numbers of outstanding shares have been calculated to be 833.93 million shares.

Competitor Group, Inc. (CGI), the organizer of the Rock ‘n’ Roll Marathon Series, and Synchrony Financial (NYSE:SYF), a premier consumer financial services company, announced a multi-year partnership. The pioneering consumer financial services company is now a national sponsor of the Rock ‘n’ Roll Marathon Series, the title sponsor of the Synchrony Financial Rock ‘n’ Roll Brooklyn Half Marathon and the presenting sponsor of Runner Tracking.

As part of Synchrony Financial’s efforts to help participants realize their unique ambitions, the multi-year agreement integrates the company throughout the Rock ‘n’ Roll Marathon Series. In addition to the title sponsorship of the Synchrony Financial Rock ‘n’ Roll Brooklyn Half Marathon, it will have dedicated marketing and hospitality opportunities at Rock ‘n’ Roll events nationwide. Synchrony Financial also becomes the Presenting Sponsor of Runner Tracking, providing live mobile updates for family and friends to track runners at every Rock ‘n’ Roll event.

“As a leading consumer financial institution looking to empower others, we are delighted to provide Synchrony Financial a fully integrated sports marketing platform to engage with runners and spectators across the United States,” said Josh Furlow, president of CGI. “We look forward to collaborating on new and innovative event experiences as they activate broadly across the Rock ‘n’ Roll Marathon Series and showcase their commitment to improving the success and wellness of every life they touch.”

“Our company recognizes that each individual has unique ambitions, whether working forward to finishing their first race or setting a new personal best, and our Rock ‘n’ Roll Marathon Series sponsorship enables us to engage our employees and race participants with events in 2016 and beyond,” said Bart Schaller, chief marketing officer of Synchrony Financial. “Integrating our ‘Synchrony Rocks’ programs with the Series builds on our Health 360 initiative, which encourages healthy choices and physical activity to support the health and wellness of our employees.”

Shares of Regions Financial Corp (NYSE:RF) ended Monday session in green amid volatile trading. The shares closed up +0.05 points or 0.51% at $9.92 with 14.40 million shares getting traded. Post opening the session at $9.82, the shares hit an intraday low of $9.78 and an intraday high of $9.94 and the price vacillated in this range throughout the day. The company has a market cap of $12.71 billion and the numbers of outstanding shares have been calculated to be 1.26 billion shares.

Regions Financial Corp (RF) is scheduled to release its third quarter 2016 financial results on Tuesday, October 18, 2016. Executives from the company will review Regions’ financial results via teleconference and live audio webcast beginning at 11 a.m. ET. A news release and additional materials will be available on the Investor Relations page of www.regions.com prior to the teleconference.

The teleconference can be accessed through two methods:

Webcast:

A live audio webcast, along with an associated slide presentation, will be available on the Investor Relations page of

www.regions.com.

Replay:

A replay of the call will be available from Tuesday, October 18, 2016, at 2 p.m. ET through Friday, November 18, 2016. To listen by telephone, please dial 1-855-859-2056, and use access code 81336524. An archived webcast will also be available until November 18 on the Investor Relations page of www.regions.com.

 

 

 

About Mary Jones

Mary Jones has been a columnist on financial. Because of having financial background, Mary Jones has been well known in his community regarding writing blogs on financial for many financial news sites and now it is our honor that Mary Jones started writing financial news for us recently.

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