On Friday, Shares of Regions Financial Corporation (NYSE:RF), lost -2.60% to $10.12.
Regions Insurance, Inc., an associate of Regions Bank, declared that Ronald F. Holehouse Agency founder Ron Holehouse, together with Jake Holehouse and the 11-person Holehouse Agency team, have joined Regions Insurancei.
The Ronald F. Holehouse Agency (the Holehouse Agency) was established in 1979, writing personal insurance in addition to insurance for small and medium-sized businesses. The agency has developed industry-leading expertise in specialty areas counting flood insurance, high-value homeowner products, condominium association master policies and restaurants. Holehouse Agency team members have served as consultants to assist develop private placement flood products for Bankers Insurance Group, and Homeowners Choice. The firm is also one of a few select providers of Lloyd’s of London private placement flood products in Florida.
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 Ericsson (NASDAQ:ERIC), inclined 2.37% to $10.80, during its last trading session.
Ericsson, is extending its long-term partnership with SoftBank Corp., one of Japan`s leading mobile operators, by adding joint field trials of 5G technology in Tokyo. The two companies will cooperate in developing a common understanding of 5G use cases and deployment scenarios, and will evaluate the performance of potential 5G key technology components in joint field trials in addition to collaborate on 5G research projects.
The joint field trial will demonstrate ultra-high bit rates and ultra-low latency with the Ericsson 5G trial system by using a number of frequency bands.
5G will evolve the entire future communication eco-system, from devices to mobile access, IP core and into the cloud. Ericsson`s latest 5G test network initiatives focus on the interactions between mobile devices and the radio access network, in both indoor and outdoor scenarios.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.
Finally, Popular, Inc. (NASDAQ:BPOP), ended its last trade with 0.52% gain, and closed at $29.27.
Popular, declared that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
- a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on July 31, 2015 to holders of record as of July 15, 2015; and
- a monthly cash dividend of $0.171875 per share of 8.250% Non-cumulative Monthly Income Preferred Stock, Series B, payable on July 31, 2015 to holders of record as of July 15, 2015.
Popular, Inc., through its auxiliaries, provides various retail and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; construction loans; lease financing comprising automobile loans/leases; residential mortgage and construction loans; and consumer loans, counting personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers.
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