Orlando, FL -- (SBWIRE) -- 08/15/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On: Alcoa Inc (NYSE:AA), Regions Financial Corporation (NYSE:RF).
Alcoa Inc (NYSE:AA) shares gained 0.12% to $8.16. The company will begin trading ex-dividend on August 07, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on August 26, 2013. Shareholders who purchased AA stock prior to the ex-dividend date are eligible for the cash dividend payment.
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Additionally, the company on July 8 reported a loss far wider than that of a year earlier. But excluding one-time charges, its performance exceeded Wall Street’s expectations. The company reported a second-quarter loss of $119 million, or 11 cents a share. That compared with a loss of $2 million, or break-even on a per-share basis, a year earlier.
Regions Financial Corporation (NYSE:RF) stock gained 0.71% to $9.95. The company on July 23 reported earnings for the quarter ended June 30, 2013. The company reported second quarter net income available to common shareholders of $259 million, or $0.18 per diluted share.
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Total ending loan balances were $75 billion, an increase of $1.1 billion or 1.4 percent linked quarter. Loan growth was broad-based among product lines as well as across the company's geographic footprint as approximately 70 percent of the company's areas experienced loan growth.
Additionally, the company on July 19 has declared quarterly dividends for both its common and series A preferred stock. Investors in the former will receive $0.03 per share on October 1, providing they hold their stock as of September 13. The series A preferred disbursement is to be $15.9375, or $0.398438 per depositary share (as each is equivalent to 1/40th of a regular share). This will be handed out on September 15 to holders of record as of September 3.
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