Nomura Securities Upgrades Synchrony Financial (SYF) to Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/17/2026
- Wall St futures slip as chip stocks drag; Netflix tumbles
- Netflix earnings forecast disappoints Wall Street, shares tumble
- HSBC upgrades Apple to Buy, sees "strong cycle ahead"
- Kimi K3 AI breakthrough: What Wall Street analysts say about China’s OpenAI threat
- Goldman sees central bank demand providing a floor for gold prices
- Nike out of World Cup contention as Adidas-outfitted teams head to final
- Wall Street ends lower as chip weakness offsets solid earnings, economic data
- Personalis (PSNL) explores potential sale after interest from Merck and others - source
- FDA approves Merck's Lipfendra as first oral PCSK9 inhibitor
- Intuitive Surgical (ISRG) Tops Q2 EPS by 29c, Beats on Revenue
UBS Cuts Price Target on Synchrony Financial (SYF) Following 3Q Earnings Report
October 20, 2015 10:59 AM EDTUBS maintained a Neutral rating on Synchrony Financial (NYSE: SYF), and cut the price target to $33.50 (from $35.00), following the company's 3Q earnings results. During the quarter the company saw 12% y/y growth in its receivables portfolio.
Analyst Matthew Howlett commented, "We are... More
Synchrony Financial (SYF) Number Lifted at Bernstein Post Q3; Buy on GE Exchange Weakness
October 19, 2015 7:27 AM EDTBernstein analyst Kevin St. Pierre reiterated an Outperform rating and lifted estimates and his price target on Synchrony Financial (NYSE: SYF) to $41.00 (from $38.00) following solid results.
St. Pierre noted the stronger net interest income (driven by a higher margin) and a lower... More
General Electric (GE) Commences Exchange Offer Related to Synchrony (SYF) Spin
October 19, 2015 6:31 AM EDTGeneral Electric (NYSE: GE) 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 following the completion of the... More
Synchrony Financial (SYF) Tops Q3 EPS by 3c
October 16, 2015 9:01 AM EDTSynchrony Financial (NYSE: SYF) reported Q3 EPS of $0.69, $0.03 better than the analyst estimate of $0.66. Platform revenue for the quarter came in at $2.7 billion, may not compare to the consensus estimate of $3.02 billion.
For earnings history and earnings-related data on Synchrony Financial (SYF) click here.
... MoreGE beats profit expectations as aviation counters weak oil segment
October 16, 2015 6:48 AM EDTBy Lewis Krauskopf
(Reuters) - General Electric Co (NYSE: GE) reported a better-than-expected quarterly profit on Friday, helped by cost cuts and higher sales of its jet engines business that offset struggles in its oil and gas segment.
The U.S. conglomerate, which is pulling back from financial services, also said third-quarter industrial revenue grew 4 percent, excluding the impact of foreign currency swings and acquisitions.
The company maintained its profit forecast for its core industrials segment of $1.13 to $1.20 per share for the full year.
Connecticut-based GE's orders dropped 26 percent,... More
