SunTrust Banks Inc
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Financials : Banks | Large Cap ValueCompany profile

SunTrust Banks, Inc. is a provider of financial services. The Company's principal subsidiary is SunTrust Bank (the Bank). The Company's business segments include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other. As of December 31, 2016, the Consumer Banking and Private Wealth Management segment consisted of three primary businesses: Consumer Banking, Consumer Lending and Private Wealth Management. The Wholesale Banking segment includes the operations of the Corporate and investment banking (CIB), Commercial and Business Banking, Commercial Real Estate, and Treasury and Payment Solutions businesses. The Mortgage Banking segment offers residential mortgage products nationally through its retail and correspondent channels, the Internet (www.suntrust.com) and by telephone. The Bank provides clients with a selection of full-, self- and assisted-service channels, including branch, call center, Teller Connect machines, mobile and tablet.

Closing Price
$60.72
Day's Change
2.68 (4.62%)
Bid
--
Ask
--
B/A Size
--
Day's High
62.13
Day's Low
59.04
Volume
(Average)
Volume:
5,538,529

10-day average volume:
5,221,105
5,538,529

UPDATE: Aurora Cannabis's stock soars after getting access to Mexico market with Farmacias supply deal

2:03 pm ET December 7, 2018 (MarketWatch)
Print

Shares of Aurora Cannabis Inc. shot up 10.8% in afternoon trade Friday, after the Canada-based marijuana company said it was expanding into Mexico with the establishment of an exclusive supply deal with Farmacias Magistrales S.A. The company said Farmacias, a pharmaceutical manufacturer and distributor that reaches 80,000 retail points and 500 pharmacies and hospitals, recently received the first import license graded from the Mexico's Federal Commission for Protection Against Health Risks, which allows the company to import medical cannabis containing THC. "This new exclusive partnership further expands Aurora's early mover advantage in Latin America, allowing us to become a leading player in the development of the medical cannabis system in Mexico, a legal market of 130 million people," said Aurora Chief Executive Terry Booth. The stock has lost 5.2% over the past three months, while the ETFMG Alternative Harvest ETF (MJ) has shed 15.7% and the Dow Jones Industrial Average has lost 5.5%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 07, 2018 14:03 ET (19:03 GMT)

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