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Tuesday 2 June 2015
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Stocks in the News - Intel Corporation, (NASDAQ:INTC), Regions Financial Corporation, (NYSE:RF), Wells Fargo & Company, (NYSE:WFC), Fiat Chrysler Automobiles, (NYSE:FCAU)

On Tuesday, in the course of current trade, Shares of Intel Corporation (NASDAQ:INTC), dropped -1.62%, and is now trading at $33.35.

Intel Corporation, declared products and solutions that will deliver new user experiences and support the computing ecosystem’s expansion into new areas. During the opening keynote address at Computex 2015, Kirk Skaugen, senior vice president and general manager of Intel’s Client Computing Group encouraged the Taiwan ecosystem to work together and capture the opportunity to shape the future of computing.

Skaugen offered predictions into the future of computing and showcased the products and platforms that will take us there. He also showed how these innovations will soon enable intelligence to be everywhere.

Internet of Things News:

  • Intel introduced the expansion of the Intel® IoT Gateway product family. The latest gateway reference design offers expanded choice in silicon and software with the addition of Intel® Core™ processor-based gateways and Wind River* Intelligent Device Platform XT 3 with flexible packaging options for applications that require a low cost of entry.
  • Intel also expanded the choice of operating systems for Intel® IoT Gateway reference designs with the availability of Ubuntu Snappy Core from Canonical*. This builds upon the current OS availability from Microsoft* and Wind River.
  • Specifically for IoT solutions, especially retail and medical environments, Intel declared the new Intel® Pentium®, Intel® Celeron® and Intel® Atom™ processors. With stunning graphics performance in a low thermal envelope, the processors are customized for IoT and offer seven year availability.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.

During an Afternoon trade, Shares of Regions Financial Corporation (NYSE:RF), gained 1.20%, and is now trading at $10.10.

Regions Bank launched a month-long community service program designed to raise awareness and resources for nonprofit organizations that serve people with disabilities. The bank’s second annual “What a Difference a Day Makes” program will recognize the 25th anniversary of the Americans with Disabilities Act, signed on July 26, 1990.

As part of the program, 19 nonprofits throughout the South, Midwest and Texas will compete in the 2015 What a Difference a Day Makes Grant Award Contest hosted by Regions during the month of June. The organization that receives the most votes in the online contest will win a grand prize comprising of 100 volunteer hours from Regions associates and a $5,000 grant from the company. Each of the remaining 18 participating nonprofits will receive an honorable mention prize comprising of 50 volunteer service hours from Regions associates and a $500 grant from the company.

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 Wells Fargo & Company (NYSE:WFC), during its Tuesday’s current trading session gained 0.54%, and is now trading at $56.34.

Wells Fargo & Company, said the company will donate $275,000 for relief efforts to support those influenced by severe flooding and property damage caused by recent storms in Texas. Wells Fargo will contribute $100,000 to the American Red Cross, and work with officials in the affected areas to distribute $175,000 in aid to local non-profits to support additional recovery efforts.

Additionally, from May 29 through June 15 Wells Fargo customers can donate to the American Red Cross at Wells Fargo ATMs in Texas. Customers will not be charged a fee for using this service and 100 percent of the donations will be sent to the Red Cross. Wells Fargo Rewards® customers can redeem any amount of their redeemable rewards balance as a donation to American Red Cross Disaster Relief from May 29 through June 7 by accessing their rewards account at MyWellsFargoRewards.com or calling the Wells Fargo Rewards Service Center at 1-877-517-1358.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances.

Finally, Fiat Chrysler Automobiles N.V. (NYSE:FCAU), lost -1.10% Tuesday.

Fiat Chrysler Automobiles, stated U.S. sales of 202,227 units, a 4 percent enhance contrast with sales in May 2014 (194,421 units), and the group’s best May sales since 2005.

The Chrysler, Jeep ® and Ram Truck brands each posted year-over-year sales gains in May contrast with the same month a year ago. The Chrysler brand’s 32 percent enhance was the largest sales gain of any FCA US brand during the month. The group extended its streak of year-over-year sales gains to 62-successive months.

Seven FCA US vehicles set records in the month of May, counting the Chrysler 200 which recorded its best monthly sales ever. Sales of the 200 were up 537 percent in May contrast with the same month a year ago. The new 200 had the largest percentage enhance of any FCA US vehicle in May. Likewise, the all-new Jeep Cherokee and Jeep Wrangler, and the Dodge Challenger each posted their best monthly sales ever. In addition, the Jeep Patriot, Ram ProMaster van, and Dodge Dart logged their best sales in the month of May.

FCA US finished the month of May with a 69-day supply of inventory (540,509 units). U.S. industry sales figures for May are internally projected at an estimated 17.9 million units Seasonally Adjusted Annual Rate (SAAR).

Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.

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