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Monday 28 September 2015
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Traders Alert on Notable Stocks: Regions Financial Corp (NYSE:RF), eBay Inc (NASDAQ:EBAY), J C Penney Company Inc (NYSE:JCP), Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

On Thursday, Regions Financial Corp (NYSE:RF)’s shares declined -0.34% to $8.92.

Regions Bank customers can soon add their Regions Debit, Credit and Prepaid Now cards to Android Pay, the simple and secure way to pay with your Android phone.

Android Pay enables Android users to seamlessly tap and pay with their phones at more than 1 million stores across the US, with more locations being added every day, and to make those purchases easily and securely. Regions customers can use this new payment product to load an existing Regions card to Android Pay and use those cards to make purchases in stores that accept contactless payments.

Android Pay is supported by industry standard tokenization, which does not transmit actual credit or debit card numbers with a payment. Instead, a virtual account number is used to represent the customer’s account information—providing an improved layer of security. Additional security features also comprise payment confirmations and the Android Device Manager, which allows users to lock a device remotely, secure it with a new password or wipe it clean of personal information if the phone is ever stolen or lost.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Company carries out its business in three segments: Corporate Bank, Consumer Bank and Wealth Administration.

eBay Inc (NASDAQ:EBAY)’s shares gained 0.08% to $25.61.

In related news, CAO Brian J. Doerger sold 4,658 shares of eBay’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $27.07, for a total transaction of $126,092.06. Following the completion of the transaction, the chief accounting officer now owns 4,905 shares in the company, valued at $132,778.35. The sale was revealed in a filing with the SEC, which is available through this hyperlink. Also, SVP Alan Lee Marks sold 17,881 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $59.60, for a total value of $1,065,707.60. The disclosure for this sale can be found here.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs), to develop software and solutions for commerce. The Company enables commerce through three segments: Marketplaces, Payments and Enterprise.

At the end of Thursday’s trade, J C Penney Company Inc (NYSE:JCP)‘s shares dipped -0.43% to $9.33.

J C Penney Company declared that John Tighe has been promoted to executive vice president, chief merchant effective Oct. 1, reporting to the Company`s Chief Executive Officer Marvin Ellison. Tighe most recently served as senior vice president and senior general merchandise manager for the men`s, children`s, footwear, handbag and intimate apparel divisions. He will succeed Elizabeth “Liz” Sweney who will serve in an advisory role through the end of the fiscal year, at which time she will retire from the Company after 16 years of service.

Tighe began his 24-year retail career at May Department Stores in a series of merchandising roles that spanned more than a decade at Filene`s and Meier & Frank. JCPenney recruited Tighe as a buyer in 2002, and he was later promoted to divisional vice president, overseeing various apparel categories such as junior`s sportswear, missy casual and special sizes before leading jcp.com in 2009 as senior vice president. In 2010, he was designated senior vice president and general merchandise manager of the Company`s home division before transitioning to men`s in 2012.

J C. Penney Company, Inc. (JCPenney) is a holding company. The Company’s operating partner is J. C. Penney Corporation, Inc. (JCP). The Company’s business comprises of selling merchandise and services to consumers through its department stores and Website at jcpenney.com, which utilizes applications for desktop, mobile and tablet devices.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN), ended its Thursday’s trading session with 3.34% gain, and closed at $13.93.

Patterson-UTI Energy was the recipient of a large improvement in short interest in the month of September. As of September 15th, there was short interest totaling 20,140,814 shares, an improvement of 22.3% from the August 31st total of 16,466,441 shares, ARN reports. Based on an average daily volume of 4,761,351 shares, the short-interest ratio is presently 4.2 days. Presently, 13.9% of the company’s stock are short sold.

Patterson-UTI Energy, Inc. owns and operates fleets of land-based drilling rigs and a fleet of pressure pumping equipment in the United States. The Company operates in three segments: Contract Drilling; Pressure Pumping, and Oil and Natural Gas. The Company markets its contract drilling services to oil and natural gas operators in the continental United States, and western and northern Canada.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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