Stock shares of Aflac, Synovus and TSYS ride higher on Wall Street once again

tadams@ledger-enquirer.comAugust 1, 2013 

It was another round of highs for shares of Aflac, Synovus and TSYS on Thursday.

With the overall stock market continuing to rise, the Columbus-based companies enjoyed the ride upward with it on Wall Street.

Supplemental health and life insurer Aflac reached a 52-week high of $63.63, then floated slightly lower to close at $63.54 per share, a gain of $1.86, or about 3 percent, on the day.

Regional bank Synovus hit a high-water mark of $3.46 for the past year, then gave up a few cents, finishing up a nickel at $3.38, or about 1.5 percent higher.

Credit-card processor TSYS surged to $28.21 during trading, a high for the year, then wrapped up the day at $28.08, a pickup of 67 cents per share, or 2.4 percent.

All three Columbus companies — which combined employ roughly 10,000 people locally — released solid second-quarter earnings reports in the last couple of weeks. And recent news, by any measure, has been good.

• Aflac signed a contract with Japan Post Group to sell its insurance policies throughout the Asian nation.

• Synovus repaid nearly $1 billion in Troubled Asset Relief Program money, a major step toward getting fully back on its financial feet.

• And TSYS completed the largest purchase in its history, the $1.4 billion acquisition of Texas-based prepaid card firm NetSpend.

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