New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2012
09:39 EDTRFRegions Financial entered into agreement with third party investor on Nov. 30
In an 8K filing, Regions said it entered into an agreement with a third party investor in Regions Asset Management Company on November 30, pursuant to which the investment was fully redeemed. This resulted in extinguishing a $203M liability, including accrued, unpaid interest, as well as incurring early termination costs of approximately $42M on a pre-tax basis. This will result in approximately $38M in after tax expense for the fourth quarter.Excluding the early termination costs, during 2012 Regions incurred approximately $28M of non-interest expenses related to this liability. Approximately $13M in non-interest expense occurred during the first quarter of the year and approximately $15M occurred from January through November, the latter of which was not deductible for income tax purposes. These costs will no longer recur.
News For RF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 22, 2014
10:09 EDTRFOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:39 EDTRFRegions Financial downgraded to Outperform from Strong Buy at Raymond James
Subscribe for More Information
October 21, 2014
06:02 EDTRFRegions Financial reports Q3 EPS 22c, consensus 21c
Subscribe for More Information
October 20, 2014
15:36 EDTRFNotable companies reporting before tomorrow's open
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use