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Synchrony Financial - SYF STOCK NEWS

Welcome to our dedicated news page for Synchrony Financial (Ticker: SYF), a resource for investors and traders seeking the latest updates and insights on Synchrony Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Synchrony Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Synchrony Financial's position in the market.

Rhea-AI Summary
Synchrony Financial (SYF) released its first-quarter 2024 results, reporting strong performance with net earnings of $1.2 billion and revenue of $4.5 billion. The company also declared a quarterly dividend of $0.25 per share and authorized a $1.0 billion share repurchase program. Synchrony continues to demonstrate financial stability and shareholder value.
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Synchrony partners with Adit to expand dental payment offerings, integrating CareCredit into Adit Pay for seamless patient financing. The partnership aims to address the affordability of dental care and streamline payment options for dental practices nationwide.
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Synchrony partners with BRP US Inc. to offer flexible financing on powersports products, including snowmobiles, watercraft, and off-road vehicles. This partnership aims to enhance consumer access to BRP products through secured installment loan options.
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3.14%
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partnership
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Synchrony (SYF) has been ranked as the 5th Best Company to Work For in the U.S. by Fortune magazine and Great Place to Work. The company's emphasis on work-life flexibility has led to 94% of U.S. employees considering Synchrony a great place to work.
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Synchrony (SYF) is set to announce its first quarter 2024 financial results on April 24, 2024. The earnings release and presentation materials will be available on the Investor Relations section of the company's website. A conference call to discuss the results will be held on the same day.
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0.63%
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Skipify partners with Synchrony to enhance shopping experience for cardholders with friction-free checkout.
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0.81%
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partnership
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Synchrony expands its presence in the pet industry by selling Pets Best Insurance Services, LLC to Independence Pet Holdings, Inc. Synchrony receives an equity stake in IPH and commits to a commercial agreement, enhancing IPH's activities in the pet industry. Two Synchrony executives will join IPH's Board of Directors, fostering collaboration and exploring growth opportunities in the pet insurance and pet-care financing industries.
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partnership acquisition
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Synchrony (SYF) strengthens relationships in home improvement and health and wellness financing through the acquisition of Ally Lending, expanding its presence in high-growth specialty areas such as roofing, HVAC, and windows, as well as in cosmetic, audiology, and dentistry. The acquisition is expected to be accretive to full-year 2024 earnings per share for Synchrony.
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Synchrony (SYF) kicks off 2024 with its annual 'Doubles Dive' charity event, raising over $113,000 for SeriousFun Children's Network. Celebrating 10 years since IPO, the company has raised over $1 million for charities since 2016.
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-0.61%
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Synchrony's CFO, Brian J. Wenzel, to participate in a fireside chat at UBS Financial Services Conference on February 27, 2024. Live webcast and replay details provided.
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Synchrony Financial

NYSE:SYF

SYF Rankings

SYF Stock Data

16.44B
402.82M
0.59%
99.48%
2.68%
All Other Nondepository Credit Intermediation
Finance and Insurance
Link
US
Stamford

About SYF

synchrony financial is one of the premier consumer financial services companies in the united states. our roots in consumer finance trace back to 1932, and today we are the largest provider of private label credit cards in the united states based on purchase volume and receivables. we provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for our partners and offer financial flexibility to our customers. through our partners’ more than 300,000 locations across the united states and canada, and their websites and mobile applications, we offer our customers a variety of credit products to finance the purchase of goods and services. our offerings include private label credit cards, promotional financing and installment lending, loyalty programs and optimizer+plus branded fdic-insured sa