Kolkata, West Bengal -- (SBWIRE) -- 09/09/2013 -- 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 Sprint Nextel Corporation (NYSE:S), Regions Financial Corporation (NYSE:RF).
Sprint Nextel Corporation (NYSE:S) shares closed at $6.47. The company on August 27 said it is eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, however, Sprint said it expects the company's work force to remain at about 40,000. Sprint Corp. said most of the affected workers were notified last Thursday. Others will be told next month after Sprint figures out which additional positions will be cut. The company said the cuts are at various locations across the country.
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Additionally, the company on August 15 have teamed to achieve two significant milestones in speed and capacity on Sprint’s network. The trials validate Sprint’s leadership in deploying new network technologies designed to meet exponential growth in demand for data by Sprint business and consumer customers.
Regions Financial Corporation (NYSE:RF) stock declined 0.21% to $9.55. The company is scheduled to present at the Barclays Global Financial Services Conference. Regions executives will make a presentation beginning at 9:45 a.m. ET on Tuesday, September 10, 2013.
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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.
Moreover, the company on August 16 said it is kicking off its 2013 Southeastern Conference Greats Tour with a chance to meet SEC coaches and players at its tent at SEC Beachfest, through August 18 in Gulf Shores, Ala.
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