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Sun's stock lost 80% of its value November 2007 to November 2008, reducing the company's market value to $3 billion. With falling sales to large corporate clients ...
In 1922, it changed its name back to Sun Oil Company and, in 1925, it became a public company via an initial public offering on the New York Stock Exchange. Sun Oil ranked 39th among United States corporations in the value of World War II production contracts. [12] The company expanded internationally following the war.
In 2015 Sunrun went public on the Nasdaq stock exchange at $14 per share, with an initial market capitalization of $1.36 billion [10] and launched its BrightBox battery energy storage product in the state of Hawaii. [9] The next year it started selling BrightBox in California. [9]
Over the past three years, Sun Communities' (NYSE: SUI) stock declined 36% while the S&P 500 rallied 31%. Even after including its reinvested dividends, the real estate investment trust (REIT ...
Sun's stock has fallen by about 8% over the past 12 months as the S&P 500 rose by nearly 30%. ... offers a forward yield of 5.8% at its current share price, ...
In February 2019, SunTrust Banks announced its pending purchase by BB&T for $28 billion in an all-stock deal, creating the sixth largest U.S. lender, being the biggest bank deal since the 2007-2008 financial crisis. [6] On December 6, 2019, the merger between BB&T and SunTrust closed, forming Truist Financial Corporation. [7]
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In 1997, SunGard Data Systems acquired Infinity Financial Technology, a designer of trading and risk-management software, for about US$390 million, where $313 million were paid in stock and $77 million went in cash. [8] Infinity Financial Technology reported revenues of about $60 million in the fiscal year 1996.