Regions Financial News

A number of other analysts have also recently weighed in on RF. Analysts at Compass Point reiterated a "buy" rating on shares of Regions Financial Corp in a research note to investors on Friday, May 11st.

Plans to convert the vacant former Regions Plaza building in downtown Birmingham into a luxury hotel could be revived under a proposal from the developer building the $50 million Westin Hotel next to the BJCC.

Grayson Hall, CEO of Regions Financial Corp., says normalized capital structure gives management more flexibility to consider raising dividend and snapping up other banks.

Shares of Regions Financial Corp opened at 6.67 on Friday. Regions Financial Corp has a 52 week low of $2.82 and a 52 week high of $7.26. The company's market cap is $9.421 billion.

According to the Press-Register , Mobile Bay Investments, whose managing partner is Logan Gewin, sued Regions in March 2010, claiming the bank reneged on an $18.2 million loan, effectively derailing the 500-acre project in October 2008.

A federal appeals court has revived an SEC fraud lawsuit against Morgan Keegan & Co ., ruling that a lower court wrongly dismissed the case, reports from Bloomberg News and others say.

Jonathan Waugh has been named the interim director of the Respiratory Therapy program in the Department of Clinical and Diagnostic Sciences at UAB .

A federal appeals court revived an SEC fraud lawsuit against Morgan Keegan & Co.

Muscular U.S. corporate earnings and higher spirits in Europe propelled U.S. stocks higher Tuesday.

Marking its official exit from the Troubled Asset Relief Program, Regions Financial in Birmingham announced Wednesday that it has repurchased the warrant it sold to the Treasury Department as part of the program.

Regions Financial Corp. is reportedly looking to make a move in the Music City, according to our sister publication in Nashville.

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool on any article or visit www.djreprints.com We expect upside to earnings per share for U.S. midcap banks into second-quarter results and forecast a ... (more)