On Tuesday, Shares of Regions Financial Corp (NYSE:RF), added 2.40 % and closed at $10.25 in the last trading session. RF stock opened its last trade at $10.00 and after floating in a range of $9.87 to $10.26. The company’s Market capitalization is $12.81 Billion with the total Outstanding Shares of 1.26 million. During the 52-week trading session the minimum price at which share price traded, registered at $7.00 and reached to max level of $10.47. The Earnings per Share of the company stands at $0.79. Regions Financial Corporation (RF) recently declared earnings for the third quarter ended September 30, 2016. The company stated net income available to common shareholders of $304 million, a boost of 26 percent over the prior year and earnings per diluted share of $0.24, a boost of 33 percent.
“These results demonstrate Regions is delivering solid revenue growth by increasing deposits and non-interest income as we continue to execute our planned plan,” said Grayson Hall, chairman, president and CEO. “In light of a continued low interest rate environment, we are maintaining our disciplined approach to risk administration and our focus on increasing efficiency while also continuing to make prudent investments in our businesses to generate further long-term growth.”
Shares of Valero Energy Corporation (NYSE:VLO), gained 2.42 % and closed at $55.46 in the last trading session. VLO stock opened its last trade at $54.35 and after floating in a range of $54.16 to $55.61. The company’s Market capitalization is $25.76 Billion with the total Outstanding Shares of 461.34 million. During the 52-week trading session the minimum price at which share price traded, registered at $46.88 and reached to max level of $78.88. The Earnings per Share of the company stands at $6.19. Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of about 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through about 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains mainly to refiners and gasoline blenders, in addition to to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of about 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, in addition to truckstop, cardlock, and home heating oil facilities; and credit card business.