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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.
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European Economic News Preview: Eurozone Economic Sentiment Due
Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.
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39 minuter sedan
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Tuesday.
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44 minuter sedan
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
The NZ dollar rose to a 4-day high of 0.5987 against the U.S. dollar, from yesterday's closing value of 0.5971.
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49 minuter sedan
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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58 minuter sedan
European Shares Seen Flat To Higher At Open
European stocks are seen opening flat to slightly higher on Tuesday as investors watch the latest developments on trade talks and await cues from some big U.S. tech companies.
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59 minuter sedan
Sensex, Nifty Fluctuate In Lackluster Trade
Indian shares fluctuated in early trade on Tuesday, tracking muted cues from global markets as investors looked for signs of progress on the global trade front.
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2h 10minuter sedan
Australian Market Strongly Adds To Early Gains In Mid-market
The Australian stock market is strongly extending its early modest gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,000 mark, with gains across most sectors led by iron ore miners, technology and energy stocks.
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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders remain optimistic and keep a close eye on developments on the tariff front, with US Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
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3h 36minuter sedan
