SunTrust Restates Results, Profits Up
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SunTrust Banks Inc. STI.N, which  fired three executives over its accounting for bad loans, on  Friday restated first-half profit higher by $25.1 million, more  than it had forecast, to fix the mistakes.
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SunTrust Banks Inc. STI.N, the No. 7  U.S. bank, on Monday said it expects to restate first- and  second-quarter profit higher, changing how it accounts for loan  losses. It also said it put some finance executives on paid  administrative leave.
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Sun Microsystems Inc ,  the world's fourth-largest server-computer maker, said on  Thursday that quarterly profit doubled amid strong growth in  emerging markets.
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SunTrust Banks Inc. STI.N on  Thursday said U.S. securities regulators have started an  informal inquiry into its decision to restate financial results  for the first half of this year.
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SunTrust Banks Inc. will restate its earnings for the first two quarters of the year after discovering errors in how it sets aside money to cover problem loans.
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SunTrust Banks Inc , a large  U.S. southeast regional bank, on Wednesday said fourth-quarter  earnings tumbled a larger-than-expected 98 percent, hurt by a  tripling of credit losses and a bailout of money market mutual  funds.
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Computer maker Sun Microsystems  Inc.  on Tuesday swung to a quarterly net loss due to  charges related to job cuts and other items as revenue rose 29  percent, helped by its acquisition of StorageTek.
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Shares of Sun Healthcare Group Inc. moved higher Monday after a UBS analyst upgraded the health care services provider and predicted the company will have a strong fourth quarter due to higher Medicare reimbursement rates.
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SunTrust Banks Inc. (STI.N: Quote, Profile, Research) , which fired three executives over its accounting for bad loans, on Friday restated first-half profit higher
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SYDNEY (Dow Jones)--Australian banking and insurance group Suncorp-Metway Ltd. (SUN.AU) said Friday net profit for the full year ended June 30 jumped 61% to A$618 million from A$384 million a year earlier, boosted
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Fourth-quarter profit more than tripled as more companies listed on the exchange, the company said.
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Net income for Sunâs fiscal 2008 second quarter, rose to $260 million, or 31 cents a share, from $133 million, or 15 cents a share, a year earlier.
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Suncorp-Metway Ltd., Australia&#39;s third- biggest car and home insurer, said second-half profit rose to a record after it sold more policies and a stock market rally boosted investment income.
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Home furnishings retailer Williams-Sonoma reported higher than expected second-quarter profits on Wednesday.
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Sun Microsystems Inc. on Thursday posted a narrowed first-quarter loss on a second consecutive quarter of sales growth. Sun released its results after the closing bell and shares rose 7 cents, or 1.8 percent, to $4.
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NEW YORK SunTrust Banks said Monday that it expected to restate its profit upward for the first half to fix how it accounted for loan losses, and the large US bank put two senior finance executives on paid leave.
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Network computer maker Sun Microsystems Inc. on Thursday posted a narrower quarterly loss as revenue rose year over year for the second consecutive quarter after three years of declines, sending shares slightly higher.