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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

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

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 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Birmingham's largest company has withdrawn from the Business Council of Alabama. One day after Alabama Power Co. confirmed it had withdrawn from the state's top business lobbying group, Regions Financial Corp.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

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

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

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

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

What GE Might Fetch for Its Venture Capital Arm

GE is still looking for ways to raise capital from inside the company. One possible means of raising cash may come from its years worth of playing venture capitalist and private equity manager......»»

Category: blogSource: 247wallstJun 14th, 2019

Oman Air plans Airbus talks unless Boeing provides 737 Max support plan

Oman Air CEO Abdulaziz Al Raisi plans to hold talks with Airbus if Boeing does not provide a support and recovery plan for its grounded 737 MAX planes before June 17, a statement by the Omani company said on Friday......»»

Category: topSource: reutersJun 14th, 2019

A retail store, the China plan and Lil Nas X: Kontoor Brands" CEO talks about what"s next for Wrangler and Lee

Kontoor Brands' CEO spoke in an interview shortly after the spinoff to discuss the future of the $2.7 billion company......»»

Category: topSource: bizjournalsJun 13th, 2019

Lockheed Martin says F-35 cost cuts a year ahead of plan

Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday......»»

Category: topSource: reutersJun 13th, 2019

Forget folding: Samsung working on rollable phone display

Samsung still has the consumer tech world waiting to see if the company will actually make good on its ambitious plan to launch a foldable smartphone, something it had planned to do on April 26 a.....»»

Category: topSource: moneycentralJun 11th, 2019

Organic Vs. Direct Traffic - And What It Means For Your Financial Advisor Marketing Plan

Organic Vs. Direct Traffic - And What It Means For Your Financial Advisor Marketing Plan.....»»

Category: topSource: seekingalphaJun 11th, 2019

Apple Has a Backup Plan If the U.S.-China Trade War Triggers iPhone Tariffs

Its primary manufacturing partner says it can move production elsewhere. Apple Inc. has a backup plan if the U.S.-China trade war gets out of hand. The Cupertino, Calif.-based company's primary manufacturing partner has enough capacity to mak.....»»

Category: europeSource: fortuneJun 11th, 2019

The early retirement dilemma: lump sum or pension payments?

An increasing number of people are being offered early retirement incentives, presenting them with a choice: Take a lump-sum payment, or join a company pension plan. But which is best? The short answer is that it depends on your situation, said Koji Wat.....»»

Category: topSource: bizjournalsJun 10th, 2019

How Can Berlusconi’s Mediaset Stay Italian? By Becoming Dutch

Mediaset’s plan to domicile in the Netherlands will help keep the company in Italian hands. That’s useful for future M&A......»»

Category: topSource: washpostJun 10th, 2019

Rolls-Royce Plans To Build World’s Fastest Electric Plan

Rolls-Royce the aircraft engine maker, and not the carmaker, wants to build the world’s fastest electric plane. The car company and aircraft engine company were split from one another in 1971,........»»

Category: blogSource: 247wallstJun 9th, 2019

Regions Bank to acquire Birmingham-based financial firm

Regions Financial Corps (NYSE:RF) reached an agreement to acquire investment firm Highland Associates Inc. Terms of the deal were not disclosed. The Birmingham-based firm has $26 billion in client assets and will remain under the leadership of its C.....»»

Category: topSource: bizjournalsJun 7th, 2019

Newell to Sell USPC Business, Transformation Plan on Track

Newell (NWL) agrees to divest the United States Playing Card Company to Cartamundi Group. This move is in sync with the compa.....»»

Category: smallbizSource: nytJun 6th, 2019