Before the Bell Scans: Regions Financial, Synovus Financial, First Horizon
National, and Fulton Financial
LONDON, July 25, 2013
LONDON, July 25, 2013 /PRNewswire/ --
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On Wednesday, July 24, 2013, shares in regional banks ended mostly higher even
as the broader market posted loss. The major movers in the industry included
Regions Financial Corporation (NYSE: RF), Synovus Financial Corp. (NYSE: SNV),
First Horizon National Corporation (NYSE: FHN), and Fulton Financial Corp.
(NASDAQ: FULT). All these companies are tracked by AAAResearchReports.com.
Free technical research on RF, SNV, FHN, and FULT can be downloaded upon sign
Shares in Regions Financial Corporation fell sharply on Wednesday, reversing
all of its previous gains for the week. The company's shares initially hit a
52-week high of $10.52, but gave up all gains to end the session at $10.22,
down 1.92% from its previous closing price. A total of 19.70 million shares
were traded which is above the daily average volume of 18.37 million. Despite
Wednesday's sharp decline, the stock is trading above its 50-day and 200-day
moving averages. Sign up today to read free research report on RF at:
Synovus Financial Corp.'s stock rose sharply on Wednesday, extending its gains
for the week. The company's shares hit a 52-week high of $3.39 before
finishing the day 2.75% higher at $3.36. A total of 18.88 million shares were
traded which is above the daily average volume of 12.02 million. Synovus
Financial's shares have gained 3.70% so far this week, thus outperforming the
S&P 500 which has fallen by 0.36% during the same period. Moreover, the stock
is currently trading above its 50-day and 200-day moving averages. Register to
download free technical analysis on SNV at:
Shares in First Horizon National Corporation also extended their gains for the
week on Wednesday. The company's shares hit a 52-week high of $12.57 before
ending the session 1.46% higher at $12.55. A total of 3.47 million shares were
traded which is below the daily average volume of 5.65 million. First Horizon
National's shares have gained 3.72% so far this week, 16.96% in the last one
month and 20.91% in the past three months, therefore outperforming the S&P 500
during the respective periods. A free report on FHN can be accessed by
Fulton Financial Corp.'s stock moved higher on Wednesday even as the broader
market struggled. The company's shares hit a 52-week high of $12.99 before
finishing the day 1.27% higher at $12.80. A total of 1.99 million shares were
traded which is above the daily average volume of 1.03 million. The company's
shares have outperformed the S&P 500 so far this week, gaining 2.89%.
Furthermore, the stock is currently trading above its 50-day and 200-day
moving averages, and also near its 52 week high of $12.99. Register with AAA
Research Reports and download the research on FULT for free at:
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