MEMC Electronic Materials, Inc (NYSE:WFR) shares up by 1.88%, Regions Financial Corporation (NYSE:RF)

Posted by Lynn Eisler May 29, 2013 0 Comment 896 views


MEMC Electronic Materials, Inc (NYSE:WFR): Tuesday’s trading session saw MEMC Electronic Materials, Inc (NYSE:WFR) rising by 1.88%. The opening price of $7.66 climbed to an intraday high of $7.80 before settling down to close at $7.38 per share. Around 10.39 million shares were traded in the last trading session, which stood above the average volume of 8.26 million that was measured over 30 days.

MEMC Electronic Materials, Inc. is a company that develops, manufactures as well as sells silicon wafers. It is involved in developing and selling various photovoltaic energy solutions. It also develops numerous solar energy projects through Solar Materials and Solar Energy. It operates in the solar energy and semi-conductor materials and segments. The company’s Solar Energy segment includes the Solar Materials segment and the SunEdison businesses.

Via the Semi-conductor Materials segment, MEMC Electronic Materials, Inc (NYSE:WFR) offers wafers that have various different features. These wafers are different in composition, size, surface features, crystal properties, purity levels and electrical properties. First Solar, Inc., Shin-Etsu Handotai, and Phoenix Solar, SunPower Corporation are some of MEMC Electronic Materials, Inc (NYSE:WFR)’s competitors.

Regions Financial Corporation (NYSE:RF): Tuesday’s trading session saw Regions Financial Corporation (NYSE:RF) rising by 1.43%. The opening price of $9.23 climbed to an intraday high of $9.31 before settling down to close at $9.19 per share. Around 15.63 million shares were traded in the last trading session, which stood above the average volume of 14.29 million that was measured over 30 days.

Regions Financial Corporation (NYSE:RF) is a financial holding company. The company operates right across the Midwest, South and Texas. It provides retail and mortgage banking services, traditional commercial, and many other financial services. These services are provided in the fields of asset management, mutual funds, securities brokerage, investment banking, trust, insurance as well as other specialty financing. Its banking operations are conducted via Regions Bank which is a commercial bank.

As of 31 December 2011, Regions Financial Corporation (NYSE:RF) operated around 2,100 automated teller machines and 1,726 banking offices spread across Alabama, Iowa, Florida, Indiana, Georgia, Arkansas, Illinois, Kentucky, Mississippi, Louisiana and Missouri. It also has banking offices in South Carolina, North Carolina, Texas Tennessee and Virginia.


About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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