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twitterSunTrust restates earnings
Monday, Oct. 11, 2004 | 9:25 a.m.
SunTrust Banks Inc. said today it expects to restate earnings higher for the first and second quarters of 2004 due to an error in entering the data used to calculate loan loss allowances, and plans to delay its third-quarter earnings release pending completion of an audit committee review. Its shares fell on the news.
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