Kolkata, West Bengal -- (SBWIRE) -- 09/13/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Valero Energy Corporation (NYSE:VLO), Staples, Inc. (NASDAQ:SPLS), Regions Financial Corporation (NYSE:RF).
Valero Energy Corporation (NYSE:VLO) shares dropped 3.80% to $34.70. The company on Sept. 12 increased capital-expenditure projections for next year and revealed a handful of project delays at its refineries. Valero released a slideshow ahead of a Barclays investor conference on Sept. 12. In addition, expansion projects in the Port Arthur and Lake Charles refineries in Loiuisiana were postponed to 2018 from 2015.
Should Investors Buy VLO After Yesterday’s Jump? Find Out Here
Staples, Inc. (NASDAQ:SPLS) stock dropped 1.12% to $14.57. The company announced on Sept. 10 that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on October 17, 2013, to shareholders of record on September 27, 2013.
Additionally, the company on August 21 reported weaker-than-expected quarterly results on dismal sales in international markets such as Europe and Australia, prompting the largest U.S. office supply retailer to cut its outlook for the year. Net earnings fell to $102.5 million, or 16 cents a share in the second quarter that ended on August 3, from $120.4 million, or 18 cents a share a year earlier. Analysts on average were expecting a profit of 18 cents a share. Sales fell 2 percent to $5.31 billion, falling short of the analysts' average estimate of $5.37 billion. Sales in the international business lost 8 percent.
How Should Investors Trade SPLS After The Recent Volatility? Get Free Trend Analysis Here
Regions Financial Corporation (NYSE:RF) stock declined 0.21% to $9.55. In support of the 50 Years Forward commemoration of the civil rights movement events of 1963 in Birmingham, Regions Financial Corporation (NYSE:RF) on Sept. 11 said it is hosting a panel discussion focused on the past, present and future of civil and human rights. The event will be webcast and available to the public on regions.com.
Additionally, In support of National Preparedness Month, Regions Financial on Sept. 3 said it is helping customers and communities take action and be prepared for emergencies and disasters. Throughout September, Regions will offer financial preparedness tools and tips and provide a platform for bank associates and customers to share their stories about emergency preparedness.
Is RF A Good Buy After The Recent Price Movement? Find Out Here
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