Regions Financial Corporation (NYSE:RF) core banking subsidiary, Regions Bank, now stands listed among the 24 Fannie Mae Delegated Underwriting and Servicing (‘DUS’) lenders. The company also acquired a DUS servicing portfolio of around $1 billion. The terms and conditions of the agreement were not disclosed. Regions Financial Corporation (NYSE:RF)’s stock on 30 July traded at beginning with a price of $10.25and when day-trade ended the stock finally advanced 1.18% to end at $10.30. Regions Financial Corporation (NYSE:RF)’s showed weekly performance of 1.98%.
Zacks restated their neutral rating on shares of Lennar (NYSE:LEN) in a report issued on Thursday. They currently have a $43.00 target price on the stock. Lennar Corp. (NYSE:LEN) on Wednesday closed at $37.03. Stock institutional ownership is 93.90% while insider ownership includes 2.20%. Lennar Corp. (NYSE:LEN) distance from 50-day simple moving average (SMA50) is -8.38%.
FX Energy Inc. (NASDAQ:FXEN) announced that drilling is underway at the Karmin-1 well in the Company’s Fences license in western Poland. The well is a planned test of a Rotliegend sandstone target at an estimated depth of 2,460 meters. The prospect is located on trend with the Zaniemysl-3 and Roszkow wells, two of the Company’s highest producing discoveries. FX Energy Inc. (NASDAQ:FXEN)’s shares on Wednesday traded in the range of 3.14 – 3.22and ended up on $3.20. FX Energy Inc. (NASDAQ:FXEN) distance from 200-day simple moving average (SMA200) is -12.91%. FXEN’s sales growth for past 5 years was 14.20% and its EPS growth for past 5 years was 30.40%.
On July 22, 2014, K2M Group Holdings, Inc. (NASDAQ:KTWO), a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine technologies, techniques and minimally invasive procedures, last week participated in the 21st International Meeting on Advanced Spine Techniques (IMAST) in Valencia, Spain. During the event, the Company showcased its diverse product portfolio and hosted four educational workshops, attended by more than 300 meeting participants. K2M Group Holdings, Inc. (NASDAQ:KTWO)’s stock on 30 July advanced 2.70% to the closing price of $17.47. Its fifty two weeks range is $13.71 – 17.54. The total market capitalization recorded $647.9M. K2M Group Holdings, Inc. (NASDAQ:KTWO) monthly performance is 17.41%.
On July 28, 2014, Midsouth Bancorp Inc. (NYSE:MSL) reported quarterly net earnings available to common shareholders of $3.9 million for the second quarter of 2014, compared to net earnings available to common shareholders of $3.3 million reported for the second quarter of 2013 and $6.7 million in net earnings available to common shareholders for the first quarter of 2014. Diluted earnings for the second quarter of 2014 were $0.34 per common share, compared to $0.29 per common share reported for the second quarter of 2013 and $0.57 per common share reported for the first quarter of 2014. Midsouth Bancorp Inc. (NYSE:MSL) on Wednesday closed at $19.64. Stock institutional ownership is 40.80% while insider ownership includes 6.90%. Midsouth Bancorp Inc. (NYSE:MSL) distance from 50-day simple moving average (SMA50) is 2.97%.