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Saturday 17 October 2015
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(STI) (OPK) (IBM) Active News Update: SunTrust Banks, (NYSE:STI), Opko Health (NYSE:OPK), International Business Machines (NYSE:IBM)

On Friday, Shares of SunTrust Banks, Inc. (NYSE:STI), lost -105% to $39.43. The stock attained the volume of 3.49 million shares.

The SunTrust Foundation declared it will donate $100,000 to the American Red Cross to support relief efforts for thousands of residents in North Carolina and South Carolina influenced by the historic flood. The Foundation’s contribution to the American Red Cross Disaster Relief fund will assist support individuals and families affected by the heavy rainfall.

SunTrust is also collecting donations for the American Red Cross at 1,400 branch locations throughout its footprint. To find the nearest branch in your area, please visit www.SunTrust.com.

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.

At the end of Friday’s trade, Shares of Opko Health Inc. (NYSE:OPK), inclined 3.01% to $8.90.

OPKO Health, Inc. (OPK) declared that the company will host a symposium at the 49th Annual Meeting of the Japanese Society for Pediatric Endocrinology and will present the complete 12-month pharmacokinetic, pharmacodynamic, safety and efficacy data of OPKO’s weekly long-acting growth hormone (hGH-CTP) in naïve growth hormone deficient children. The 49th Annual Meeting of the Japanese Society for Pediatric Endocrinology is taking place in Tokyo, Japan from October 8-10.

The data to be presented comprise results for 53 naïve growth hormone deficient children concluding twelve months of weekly treatment with hGH-CTP. This phase 2 study was a one year, dose finding study administering hGH-CTP to growth hormone deficient children once a week using Genotropin® as a daily comparator arm. The twelve months data confirm comparable response of hGH-CTP to daily Genotropin® as reflected by the twelve months IGF-1SDS profile, annual HV, HV SDS and safety profile.

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States and internationally. It operates through two segments, Pharmaceuticals and Diagnostics.

Finally, Shares of International Business Machines Corp. (NYSE:IBM), ended its last trade with 0.09% gain, and closed at $152.42.

IBM (IBM) declared during SIBOS 2015 it is working with the financial services industry to further enhance efforts to enhance partnership and worldwide sharing of cyber threat intelligence across industries and organizations.

Members of the Financial Services Information Sharing and Analysis Center (FS-ISAC), a member-owned non-profit organization serving the financial services sector, will have access to advanced cyber threat research ad analysis directly from IBM X-Force® Exchange.

FS-ISAC global membership has rapidly grown to more than 6,500 financial services institutions. FS-ISAC is also supporting other industry sharing organizations counting ISACs and ISAOs such as the Oil & Natural Gas sector (ONG-ISAC), Retail Sector (R-CISC), Legal Services sector (LS-ISAO) and others.

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support.

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