I know STI owns a bunch of KO but I don't knowhow much. Anybody know off hand?Also, howmuch of an impact does KO's stock price have on STI?For every $1 move in KO what does that do toSTI?Thanx.
STI owns 48.3 million shares of KO. 221 million shares of STI outstanding. A $1 move by KO has a $.2 (per share) effect on the assets of STI. How this effects the market is anybody's guess.
Check out today's Motley Fool Report. Prettypositive coments regarding SunTrust and its operationsregardless of the Coke stock. It sounds like SunTrust cancompete with the best of them based on core bankoperations.Any other comments?