On Tuesday, SunTrust Banks, Inc. (NYSE:STI)’s shares inclined 0.32% to $44.15.
SunTrust Banks, Inc. (STI) declared a simplified set of solutions – Essential, Select and Signature Advantage – that provide specific, tiered rewards and expanded benefits as one’s banking relationship grows, counting additional cash back when using a SunTrust credit card.
Each checking package offers its own specific perks:
- Essential Package: comprises an Essential Checking account with simple ways to waive the monthly maintenance fee, counting ten or more monthly transactions; and no monthly maintenance fee for five years for students.
- Select Package: comprises a Select Checking account (and up to three additional Essential checking accounts with no monthly fee); two monthly fee waivers for non-SunTrust ATM cash withdrawals; $25 annual discount on any safe deposit box; and an introductory promotional savings account interest rate.
- Signature Advantage Package: comprises a Signature Advantage Checking account (and up to four additional Essential checking accounts with no monthly maintenance fee); unlimited non-SunTrust ATM transaction fee refunds; option to take part in Delta SkyMiles®Debit Card program; a small safe deposit box with no annual fee; and an introductory promotional money market account interest rate.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Administration, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Administration segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, in addition to various services.
Amazon.com, Inc. (NASDAQ:AMZN)’s shares dropped -0.59% to $531.90.
mazon declared the availability of Amazon Acoustics, a collection of over 30 original acoustic recordings accessible exclusively for streaming on Prime Music and purchase on Amazon. Established and up-and-coming artists can be heard acoustically performing popular in addition to newly-written or recorded songs, counting Joshua Radin performing Cyndi Lauper’s “True Colors,” Surfer Blood covering Outkast’s popular hit “Hey Ya!,” Jessie Baylin covering Harry Nilsson’s “He Needs Me,” and Tokyo Police Club stripping down their own, “Argentina (Part I) [Acoustic],” among others.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers.
At the end of Tuesday’s trade, Walgreens Boots Alliance Inc (NASDAQ:WBA)‘s shares dipped -0.25% to $95.67.
Walgreens Boots Alliance, Inc. ( WBA) named Kimberly R. Scardino as its new senior vice president, global controller and chief accounting officer, effective recently.
Scardino joins Walgreens Boots Alliance from American Express Company, where she was senior vice president, business advisory controller. Preceding to her current role, she was senior vice president and Americas controller from June 2012 to March 2015. Formerly, she served in roles of increasing responsibility since 2006, counting vice president, global head of SOX Compliance and vice president and chief accounting officer of American Express Credit Corp. Scardino also served in accounting functions at Credit Suisse Group from 2004 to 2006, and at Lyondell Chemical Company from 2002 to 2004. She started her career at Arthur Andersen LLP, where she was an auditor from 1994 to 2002.
Walgreens Boots Alliance, Inc., together with its auxiliaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, in addition to through mail, and by telephone and online.
Southern Co (NYSE:SO), ended its Tuesday’s trading session with -1.20% loss, and closed at $44.42.
Georgia Power is the largest partner of Southern Company (SO). Georgia Power has declared that it has received a total of $1.8 billion in loans to date from the Federal Financing Bank (FFB) for the construction of the Plant Vogtle nuclear expansion. This is roughly half of the $3.46 billion that the FFB will lend for the project. Loans from the FFB for Georgia Power’s share of the Vogtle project are guaranteed under a 2014 agreement with the U.S. Department of Energy (DOE) – a partnership which is delivering hundreds of millions of dollars in predictable benefits for customers.
The latest draw of $600 million was secured with an interest rate set at 3.283 percent, fixed until the loan’s final maturity on February 20, 2044. In part due to the current capital market environment, savings have exceeded estimates at the time the company secured the loan guarantee. The company now estimates that present-value benefits delivered to customers as a result of the DOE loan guarantee have risen to $330 million. With the latest draw, nearly $185 million of these benefits are now locked in for customers.
Benefits for customers under the fulfillment of the DOE loan guarantee are possible because of Georgia’s constructive regulatory environment, in addition to the company’s continued strong performance and credit standing.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
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