Everstream Closes $342.5 Million in Debt Financing
Everstream, the business-only fiber network, has announced it has secured $342.5 million in debt financing from nine banks, with Webster Bank as lead arranger. Joint lead arrangers include CoBank, Regions Financial Corp., Fifth Third Bank and TD Bank. Everstream will use the financing to accelerate its 2020 growth strategy, which includes expanding to five new markets and densifying existing markets to provide Midwestern businesses with high-capacity fiber connectivity.
Shares of RF Down 47.7% Since Downtrend Call on Shares
SmarTrend identified a Downtrend for Regions Financia (NYSE:RF) on January 23rd, 2020 at $16.08. In approximately 2 months, Regions Financia has returned 47.74% as of today's recent price of $8.40.
Regions Financial Moves 2020 Shareholder Meeting to Virtual-Only Format
Regions Financial Corp. (NYSE:RF) today announced the company will move its 2020 annual meeting of shareholders from an in-person meeting to a virtual-only format due to the COVID-19 pandemic.
Regions Bank Closes on Ascentium Capital acquisition
Regions Bank today announced it has completed the acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses.
Supporting our Communities: Regions Bank and Regions Foundation Announce New Measures to Fuel Recovery amid Coronavirus Impacts
Regions Bank and the nonprofit Regions Foundation on Tuesday announced a series of initiatives designed to meet critical needs for nonprofits and small businesses affected by the coronavirus crisis.
Regions to Announce First Quarter 2020 Financial Results April 17
Regions Financial Corporation (NYSE:RF) is scheduled to release its first quarter 2020 financial results Friday, April 17, 2020. Executives from the company will review Regions' financial results via a live audio webcast beginning at 11 a.m. ET. A news release and additional materials will be available on Regions' Investor Relations website at https://ir.regions.com prior to the webcast.
Regions Financia Shares Down 41.6% Since SmarTrend's Sell Call (RF)
SmarTrend identified a Downtrend for Regions Financia (NYSE:RF) on January 23rd, 2020 at $16.08. In approximately 2 months, Regions Financia has returned 41.59% as of today's recent price of $9.39.
Regions Financia Rises 14.80% on Heavy Volume: Watch For Potential Pullback
Regions Financia (NYSE:RF) traded in a range yesterday that spanned from a low of $8.18 to a high of $8.91. Yesterday, the shares gained 14.8%, which took the trading range above the 3-day high of $8.76 on volume of 5.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Regions Bank Announces Special Financial Assistance amid Coronavirus Concerns; Regions Foundation Grants to Support Small-Business Assistance
Regions Bank on Friday announced special financial assistance to help customers experiencing financial hardships related to the novel coronavirus/COVID-19.
Top 5 Companies in the Regional Banks Industry with the Best Relative Performance (RF , BXS , PNC , BPOP , PB )
Below are the top five companies in the Regional Banks industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.