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What Regions" new plan means for the company and for Birmingham

Birmingham’s largest bank and only Fortune 500 company has recently undergone some major changes, and experts say it’s good for the bank, good for its customers and good for Birmingham......»»

Category: topSource: bizjournalsOct 12th, 2018

Thomson Reuters unveils plan to close offices, cut workforce

Thomson Reuters Corp. said on Tuesday that it will cut its workforce by 12 percent by 2020. That means 3,200 jobs will be eliminated as part of a plan to streamline the business and reduce costs. The Toronto-based data and news company (NYSE: TRI.....»»

Category: topSource: bizjournalsDec 4th, 2018

Maynard Venture Partners leaders talk strategic plan and what it means for Bham

As Birmingham's entrepreneurial ecosystem continues to grow, big companies are becoming more invested. Here's how Maynard Cooper's new group plans to help facilitate more growth......»»

Category: topSource: bizjournalsNov 9th, 2018

Shipt unveils plan to keep HQ in Birmingham, add 881 jobs

One of Birmingham’s most notable business success stories has even bigger plans in the Magic City. On Thursday, Shipt Inc. confirmed it plans to maintain and expand its headquarters in Birmingham. The company plans to add 881 new jobs in the area. .....»»

Category: topSource: bizjournalsJul 12th, 2018

Amazon finalizes plan for massive fulfillment center in Bessemer

It’s official: Amazon.com Inc. is coming to metro Birmingham. The company on Friday said it has finalized its plan to open an 855,000-square-foot fulfillment center in Bessemer. The $325 million project – first reported by the Birmingham Bus.....»»

Category: topSource: bizjournalsJun 22nd, 2018

Regions also withdraws from Business Council of Alabama

Birmingham's largest company has withdrawn from the Business Council of Alabama. One day after Alabama Power Co. confirmed it had withdrawn from the state's top business lobbying group, Regions Financial Corp. (NYSE: RF), the state's only Fortune.....»»

Category: topSource: bizjournalsJun 20th, 2018

How Birmingham fared in latest Fortune 500

Birmingham's only Fortune 500 company slipped slightly on the latest edition of the Fortune 500, and two other companies remain within striking distance of the coveted Fortune 500 status. Regions Financial Corp. slipped to No. 460 on the list, wh.....»»

Category: topSource: bizjournalsMay 22nd, 2018

Regions posts $398M profit, focuses on "Simplify & Grow" initiative

Regions Financial Corp. posted a $398 million profit for the first quarter of 2018. That was an increase from $285 million a year ago and from the final quarter of 2017, when Regions – Birmingham's only Fortune 500 company – recorded a $318 millio.....»»

Category: topSource: bizjournalsApr 23rd, 2018

Nine West files for bankruptcy protection

The parent company behind apparel brands Nine West, Anne Klein and Gloria Vanderbilt has filed for bankruptcy protection. Nine West Holdings Inc., which announced a restructuring plan earlier this year, announced the measure as a means of facilitati.....»»

Category: topSource: bizjournalsApr 6th, 2018

Clothing retailer withdraws Roseville Galleria plan

It's not clear what this means for the fashion retailer's future in the shopping center......»»

Category: topSource: bizjournalsFeb 15th, 2019

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix......»»

Category: topSource: reutersFeb 15th, 2019

Mexico to inject $3.6 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix......»»

Category: topSource: reutersFeb 15th, 2019

Ford is reviewing a succession plan for its CFO, but he isn"t leaving just yet (F)

Ford The Detroit Free Press reported that Ford CFO Bob Shanks is preparing to retire after four decades with the company. Ford said that it's simply re.....»»

Category: topSource: businessinsiderFeb 14th, 2019

Amazon pulls out of plan to build HQ2 in New York City

The company said in a statement that resistance from local and state politicians contributed to the decision......»»

Category: topSource: moneycentralFeb 14th, 2019

New York mayor: Amazon "threw away opportunity"

New York Mayor Bill de Blasio criticized Amazon.com Inc for walking away from a plan to establish a headquarters in the city in the face of political opposition, saying the company "threw away" an opportunity and failed to work with the community......»»

Category: topSource: reutersFeb 14th, 2019

Google to expand Madison office, will spend $13B on U.S. expansion this year

Google Inc. is expanding its Madison satellite office as part of a $13 billion investment plan to expand the company's U.S. data centers and offices in 2019, CEO Sundar Pichai said Wednesday, marking "the second year in a row we’ll be growing faste.....»»

Category: topSource: bizjournalsFeb 14th, 2019

These Stocks Are Rising Even on Bad Earnings. Here’s What It Means.

IPG Photonics is the latest company to miss expectations yet see its stock rise. It suggests value could be found among other optical equipment makers......»»

Category: topSource: barronsFeb 14th, 2019

Wolverine (WWW) Up on Dividend Hike and Share Buyback Plan

Wolverine (WWW) announces a 25% hike in its quarterly dividend. Also, the company stated that it will buy back up to $400 million worth of shares in th.....»»

Category: personnelSource: nytFeb 13th, 2019

The Wall Street Journal: Lyft founders plan to control company through supervoting shares ahead of IPO

The founders of Lyft Inc. are preparing to take near-majority.....»»

Category: topSource: marketwatchFeb 12th, 2019

Ventas CEO talks health-care REIT"s four-pronged "pivot to growth"

Jim Cramer sits down with Ventas Chairman and CEO Deb Cafaro, who details her company's plan to drive growth through innovation and external growth......»»

Category: realestateSource: cnbcFeb 12th, 2019

Wolverwine World Wide boosts dividend 25%, sets new $400 million buyback plan

Wolverine World Wide Inc. said Tuesday it is raising its quarterly dividend by 25% and has approved a new $400 million stock repurchase program. The apparel and footwear company, which brands include Sperry, Saucony and Stri.....»»

Category: topSource: marketwatchFeb 12th, 2019