On Thursday, Shares of Regions Financial Corporation (NYSE:RF), gained 0.78% to $10.39.
Regions Financial Corporation, Board of Directors declared the following cash dividends on its common shares, Series A preferred shares, and Series B preferred shares:
- A quarterly cash dividend of 6 cents per common share, payable October 1, 2015, to stockholders of record at the close of business on September 11, 2015.
- A quarterly cash dividend of $15.9375 per share (equivalent to about $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be paid on September 15, 2015, to stockholders of record at the close of business on September 1, 2015.
- A quarterly cash dividend of $15.9375 per share (equivalent to about $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series B. The dividend will be paid on September 15, 2015, to stockholders of record at the close of business on September 1, 2015.
Regions Financial Corporation, together with its auxiliaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, in addition to equipment lease financing services.
Shares of Fairchild Semiconductor International Inc. (NASDAQ:FCS), declined -10.35% to $15.07, during its last trading session.
Fairchild Semiconductor International, declared results for the second quarter ended June 28, 2015. Fairchild stated second quarter sales of $355.2 million, flat from the preceding quarter and down 4 percent from the second quarter of 2014.
Fairchild stated a second quarter net loss of $(0.9) million or $(0.01) per diluted share contrast to net income of $1.1 million or $0.01 per diluted share in the preceding quarter and $17.8 million or $0.14 per diluted share in the second quarter of 2014. Gross margin was 30.9 percent contrast to 30.4 percent in the preceding quarter and 33.4 percent in the year-ago quarter.
Fairchild stated second quarter adjusted gross margin of 33.2 percent, up 160 basis points from the preceding quarter and 20 basis points lower than the second quarter of 2014. Adjusted gross margin excludes accelerated depreciation and inventory write-offs related to factory closures. Adjusted net income was $13.9 million or $0.12 per diluted share, contrast to $13.3 million or $0.11 per diluted share in the preceding quarter and $25.2 million or $0.20 per diluted share in the second quarter of 2014. See the Reconciliation of Net Income (Loss) to Adjusted Net Income exhibit comprised of in this press release for more details on the other adjustment items.
Fairchild Semiconductor International, Inc. designs, develops, manufactures, and markets power analog, power discrete, and non-power semiconductor solutions worldwide.
Finally, CenturyLink, Inc. (NYSE:CTL), ended its last trade with 2.76% gain, and closed at $30.49.
CenturyLink, declared the availability of CenturyLink’s portfolio of hybrid IT solutions to HP customers. The newly expanded HP PartnerOne for Service Provider Program agreement enables businesses to buy CenturyLink services.
Through the program, HP customers can access CenturyLink services such as managed hosting, colocation, storage, cloud, application services and big data solutions. These services are offered on HP equipment and technologies.
The HP PartnerOne for Service Provider Program enables customers to extend their market reach and accelerate their business as they launch new capabilities and service offerings.
CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer.
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