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South State Corporation stock price, SSB
South State Corporation stock chart:
South State Corporation close price: 84.75
Stock price forecast:
UP TO +2.68%
Total forecasts: 82
Reached: 55 (67.07%)
Total Win: 81.80 (92.28%)
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South State Corporation latest news:
UPDATE: UPS to 'vigorously appeal' ruling to pay reported $247 million for illegal shipping of cigarettes
United Parcel Service Inc. was ordered Thursday to pay a reported $247 million in damages to New York State and New York City for the illegal shipment of cigarettes. The U.S. District Court for the Southern District of New York had ruled in March that the package-delivery company had failed to establish proper procedures to flag the shipment of millions of cigarettes from Native American reservations. "UPS is extremely disappointed in the court's ruling and imposed penalties and we will vigorously appeal the decision," UPS said in a statement emailed to MarketWatch. "The court's monetary award is excessive and far out of the bounds of constitutional limits, particularly given that the shipments at issue generated around $1 million in revenue." New York Attorney General Eric Schneiderman had a different take: "We're very pleased that the Court agreed with us on all claims, finding that UPS has repeatedly violated numerous state and federal contraband cigarette trafficking laws--as well as its own agreement with the State--by shipping hundreds of thousands of cartons of cigarettes to consumers in New York." UPS's stock eased 0.2% in morning trade, while the Dow Jones Transportation Average eased 0.1%. The stock has lost 7.8% year to date, while the Dow transports have gained 1.2% and the S&P 500 has advanced 7.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Judge could rule soon to let beer stores keep licenses
Four Nebraska beer stores could learn soon whether they can stay in business near a South Dakota Indian reservation plagued by alcoholism while they appeal a state regulator's ruling that could force them to close.
Gamecocks Claim First Women's Hoops Title
Dawn Staley finally has her first NCAA women's basketball championship after coaching South Carolina to a 67-55 victory over Mississippi State at Dallas.
South Australia taps new gas plant, batteries to fix power crisis
South Australia, the country's most renewable-energy dependent state, outlined plans on Tuesday to spend A$510 million to keep the lights on, just four days after Tesla Inc (TSLA) boss Elon Musk offered to save the state from blackouts by installing large-scale battery storage.
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