MEMC Electronic Materials, Inc (NYSE:WFR) gained 3.33%, Regions Financial Corporation (NYSE:RF)

Posted by Michael Korte May 28, 2013 0 Comment 1190 views


MEMC Electronic Materials, Inc (NYSE:WFR): In Friday’s trading session, MEMC Electronic Materials, Inc (NYSE:WFR) gained 3.33%. Its opening price of $7.25 rose to touch an intraday high of $7.52 which eventually headed down to close at $7.18 per share. Over 13.67 million shares exchanged hands in the last trading session. This number stood above the average volume of 8.26 million that was measured over a 30-day period.

MEMC Electronic Materials, Inc. develops, manufactures and sells silicon wafers. The company in involved in the development and sale of photovoltaic energy solutions. It develops various solar energy projects via Solar Materials and Solar Energy (SunEdison). It operates in the semiconductor materials and solar energy segments. MEMC Electronic Materials, Inc (NYSE:WFR)’s Solar Energy segment includes operations of the Solar Materials segment and the SunEdison business. Through its Semiconductor Materials segment, the company offers wafers that have different features. The wafers have different sizes, surface features, composition, purity levels, crystal properties and electrical properties. Shin-Etsu Handotai, Phoenix Solar, First Solar, Inc. and SunPower Corporation are amongst its competitors.

Regions Financial Corporation (NYSE:RF): In Friday’s trading session, Regions Financial Corporation (NYSE:RF) gained 1.22%. Its opening price of $8.95 rose to touch an intraday high of $9.11 which eventually headed down to close at $8.95 per share. Over 12.23 million shares exchanged hands in the last trading session. This number stood below the average volume of 14.29 million that was measured over a 30-day period.

Since Regions Financial Corporation (NYSE:RF) has been experiencing falling interest from the aggregate hedge-fund industry, it would be accurate to state that there were some funds that chose to totally chop their positions in Q1. Insider buying is especially usable when the particular company you are looking at has experienced some transactions over the past 180 days. In the last six months, Regions Financial Corporation (NYSE:RF) has experienced nil unique insiders purchasing, and only 4 insider sales. Regions Financial Corporation (NYSE:RF is a financial holding company. It operates in regions right across South, Midwest and Texas.


About Michael Korte

Michael Korte an investigative reporter at GDP Insider and is a breaking news reporter. Michael work includes investigations of misconduct by federal prosecutors and industrial air pollution around the nation's schools. His reporting has been recognized with the Hillman Prize for Newspaper Journalism, the Grantham Prize for Excellence in Reporting on the Environment, and the Philip Meyer Journalism Award for reporting that incorporates social science methods.

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