May 7- Regions Financial Corp:. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
France's No. 2 listed bank is to cut 900 million euros in costs over the next three years after a weak domestic economy and one-off charges halved quarterly earnings.
PARIS, May 6- Private equity firm Bridgepoint has agreed to buy sealing product technology specialist Flexitallic Group from France's Eurazeo in a deal valuing the business at 450 million euros, the companies said.
May 3-:* Zions Bancorporation: Guggengeim raises target price to $28 from $26; rating neutral. rating buy* Suntrust Banks Inc: Guggengeim raises target price to $33.50 from $32.50; rating neutral* Regions Financial Corp: Guggengeim raises target price to $10 from $9.50; rating buy.
*Zions Bancorporation: Guggenheim raises target price to $28 from $26; rating neutral. *Wells Fargo& Co: Guggenheim raises target price to $47 from $46.50; rating buy. *Citigroup Inc: Guggenheim raises price target to $58 from $57; rating buy.
May 1- Regions Financial Corp:. *Regions Financial- issued and sold $750 mln aggregate. principal amount of co's 2.00% senior notes due 2018- SEC filing.
April 30- Regions Financial Corp:. *Says redemption price will be $1,000 per trust preferred security. financing trust II: cusip- 7591 elaa7 on may 31, 2013.
*France drops to 9th in European deal rankings from 2nd. By Christian Plumb and Anjuli Davies. PARIS/ LONDON, April 29- A collapse of private equity investment this year seems increasingly emblematic of France's deep-seated economic problems and how hard it may prove to change a vicious cycle of poor growth and weakened companies.
April 26- Regions Financial Corp:. *Jefferies raises price target to $10 from $9. Reuters Station users, click. 1568.
April 25- Regions Financial Corp:. *Commenced a cash tender offer to repurchase up to $350 million of senior. tender offer will not exceed $150 million.
A slowdown in lending is flashing a warning sign about bank earnings as the biggest names in the business get set to report.
While industry profits should continue to improve, the 'risk on' banks may offer the best opportunity for investors.
Check out which companies are making headlines after the bell Tuesday:
Check out which companies are making headlines after the bell Thursday:
Most banks got the green light from the Fed with their capital plans. In a surprise, Goldman Sachs and JPMorgan Chase received only "conditional approval."
These two banks may find it hard to significantly increase dividends or buybacks.
The Bernanke-Draghi put: still very real, still very effective. It's happening again: a central banker (Draghi) speaks, confirms he is keeping rates low.
Veteran bank analyst Richard Bove continues to be bullish on the banking sector.
The Shanghai Index fell 3.7 percent as China gets serious about reining in the property sector, ordering a stricter enforcement of sales taxes.