On Monday, Shares of Regions Financial Corporation (NYSE:RF), lost -1.42% to $10.41.
Regions Financial Corporation declared earnings for the second quarter of 2015. The company stated net income accessible to common shareholders of $269 million and earnings per diluted share of $0.20.
“This quarter’s results reflect continued momentum in 2015,” said Grayson Hall, chairman, president and CEO. “We continued to grow loans, increasing 2 percent over the previous quarter, and we also grew fee revenue from sources such as capital markets, mortgage and cards. We are ongoing to expand our customer base and deepen those relationships by meeting more customer needs, which is creating sustainable growth.”
During the second quarter, the advisory firm Reputation Institute and American Banker magazine released survey results showing that, among U.S. banks, Regions ranked highest in reputation with customers.
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 Pandora Media, Inc. (NYSE:P), inclined 0.06% to $15.97, during its last trading session.
Pandora Media declared that its latest engagement-based advertising product, Sponsored Listening, is now accessible to all advertisers. The product gives Pandora users an hour of uninterrupted listening following their engagement with a brand’s video or rich media unit at the starting of their session. This launch follows a beta period initiated in September 2014 during which Sponsored Listening received positive feedback from Pandora’s listeners and produced a measurable return on investment for advertisers.
During the beta testing period for the product, Sponsored Listening resulted in a 12 percent lift in brand awareness and a 30 percent lift in purchase intent for advertisers. Consumers also praised the product via Twitter and Facebook, stating that they loved the experience.
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners.
Finally, Carrizo Oil & Gas Inc. (NASDAQ:CRZO), ended its last trade with -2.97% loss, and closed at $35.92.
Carrizo Oil & Gas, will hold a conference call to talk about 2015 second quarter financial results on Thursday, August 6, 2015 at 9:00 AM Central Daylight Time. Carrizo plans to issue a press release containing its financial and operating results before the market opens on Thursday, August 6, 2015.
Carrizo Oil & Gas, Inc., together with its auxiliaries, engages in the exploration, development, and production of oil and gas primarily in the United States. The company holds interests in crude oil plays and projects, counting Eagle Ford Shale in Texas; the Niobrara Formation located in Colorado; the Utica Shale in Ohio; and the Marcellus Shale located in Pennsylvania.
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