Advertisement
Regions Financial Q4 Profit Rises 60%, Tops Estimates
(RTTNews) - Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders increased to $660 million or $0.70 per share from $414 million or $0.43 per share in the year-ago quarter.
Total revenue for the quarter rose 22.5 percent to $2.00 billion from $1.63 billion in the same quarter last year. Adjusted total revenue also rose 19.4 percent to $1.95 billion from $1.63 billion last year.
On average, analysts polled by Thomson Financial expected the company to report earnings of $0.65 per share on revenues of $1.95 billion for the quarter. Analysts' estimates typically exclude special items.
read more
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Tuesday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,000 mark, with gains across most sectors led by iron ore miners and energy stocks.
RTTNews
|
4 minutes ago
Singapore Unemployment Data Due On Tuesday
Singapore will on Tuesday release Q1 numbers for unemployment, highlighting a very light day for Asia-Pacific economic activity.
RTTNews
|
3h 6min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against its major counterparts in the New York session on Monday, as investors focused on upcoming earnings announcements and some crucial U.S. economic data.
RTTNews
|
6h 10min ago
Swiss Market Ends On Firm Note
After a flat start and a subsequent sluggish spell the Switzerland market moved higher on Monday with stocks gradually gaining in strength as the day progressed.
RTTNews
|
7h 38min ago
European Stocks Close Broadly Higher Ahead Of Earnings Announcements
European stocks closed higher on Monday, and the U.K. market recorded its longest winning streak in over five years, moving up for the eleventh consecutive session, as investors focused on upcoming earnings announcements and some crucial European and U.S. economic data.
Hopes of a de-escalation in U.S.-China trade friction too contribute to the positive mood in the market.
RTTNews
|
7h 49min ago
Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops
Domino's Pizza Inc. announced Monday higher earnings in its first quarter, above market estimates, amid revenue growth. Meanwhile, the largest pizza company in the world recorded weak income from operations and U.S. same store sales, and its top line missed the Street view. In pre-market activity on the Nasdaq, Domino's Pizza shares were losing around 2.6 percent.
RTTNews
|
12h 23min ago
Bay Street Likely To Open On Mixed Note
The Canadian market is likely to open on a mixed note on Monday with investors mostly making cautious moves, as the nation goes to the polls today.
RTTNews
|
12h 31min ago
Pound Rises As European Shares Traded Higher
The British pound strengthened against other major currencies in the European session on Monday amid increased risk appetite, as tariff tensions eased and investors looked ahead to a busy week of earnings, with four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — due to report their quarterly results.
RTTNews
|
13h 10min ago
