Shares of Bank of America Corp (NYSE:BAC) ended Tuesday session in red amid volatile trading. The shares closed down -0.18 points or -1.13% at $15.72 with 89.32 million shares getting traded. Post opening the session at $15.67, the shares hit an intraday low of $15.55 and an intraday high of $15.86 and the price vacillated in this range throughout the day. The company has a market cap of $162.05 billion and the numbers of outstanding shares have been calculated to be 10.20billion shares.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active accounts and more than 20 million mobile active users.
Shares of Synchrony Financial (NYSE:SYF) ended Tuesday session in red amid volatile trading. The shares closed down -0.69 points or -2.52% at $26.72 with 8.61 million shares getting traded. Post opening the session at $27.08, the shares hit an intraday low of $26.53 and an intraday high of $27.17 and the price vacillated in this range throughout the day. The company has a market cap of $22.68 billion and the numbers of outstanding shares have been calculated to be 833.93 million shares.
On September 13, 2016 Recognizing the big impact small businesses have in their communities, Synchrony Financial (NYSE:SYF) launched its new Working Forward Small Business Awards contest now, which runs through October 20.
The program builds on Synchrony Financial’s commitment to small businesses by awarding five winners $20,000 each – half of the award for use in growing their business and half for bettering their local community.
Synchrony Financial, which partners with thousands of small businesses nationwide to offer financing programs for their customers, finds many companies don’t have access to resources they may need to grow. At the same time, these businesses are frequently asked to support local initiatives and community projects through sponsorships, donations and volunteerism – sometimes at great expense. The award gives winners the unique opportunity to invest in strengthening both their business and their community.
“Small businesses have an important role in serving their customers, employees and community,” said Glenn Marino, executive vice president and CEO, Payment Solutions, Synchrony Financial. “We want to support these businesses in working forward on many fronts to help them stay strong, be relevant and make a difference in their communities.”