Specialty chemical manufacturer W.R. Grace & Co. (NYSE:GRA) said it would split into two companies in a tax-free transaction to shareholders, driving up its shares by as much as 15 percent. W.R. Grace, which emerged from one of the longest U.S. bankruptcies in 2013, said the split would improve its strategic focus, simplify operations and allow for better use of capital. On Thursday shares of W.R. Grace & Co. (NYSE:GRA) closed at $102.32. Company’s sales growth for last 5 years was -1.60% and EPS growth for next 5 years is recorded as 17.70%.
Regions Financial Corporation (NYSE:RF) is scheduled to present at the upcoming 2015 Credit Suisse Financial Services Forum. Regions executives will make a presentation beginning at 8:45 a.m. ET on Tuesday, February 10, 2015. Regions Financial Corporation (NYSE:RF) in last trading activity advanced 1.77% to close at $9.20. Company weekly performance is 3.95% while its quarterly performance stands at -7.63%. Regions Financial Corporation (NYSE:RF) is -19.11% away from its 52 week high.
Spectra Energy Partners, LP (NYSE:SEP) reported that its net income from controlling interests for the fourth quarter 2014 declined to $283 million, from $540 million in the fourth quarter 2013. On last trading day Spectra Energy Partners, LP (NYSE:SEP) advanced 0.04% to close at $54.83. Its volatility for the week is 2.42% while volatility for the month is 2.95%. SEP’s sales growth for past 5 years was 73.50% and its EPS growth for past 5 years was 38.60%. Spectra Energy Partners, LP (NYSE:SEP) monthly performance is 1.82%.
On January 27, HomeStreet Inc. (NASDAQ:HMST) on Tuesday reported fourth-quarter net income of $5.6 million, after reporting a loss in the same period a year earlier. The Seattle-based company said it had profit of 38 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 41 cents per share. HomeStreet, Inc. (NASDAQ:HMST) has 2.80% insider ownership while its institutional ownership stands at 62.60%. In last trading activity company’s stock closed at $17.61.
On February 2, Porter Bancorp Inc. (NASDAQ:PBIB) reported higher earnings for the year and fourth quarter, thanks to the company’s equity-exchange transaction in December, which allowed the bank to settle up with the U.S. Treasury over funds it received as part of the Troubled Asset Relief Program. For the fourth quarter, the company reported net income attributable to stockholders of $24.3 million, or $1.91 a share, compared with a loss of $1.5 million, or 12 cents a share, a year earlier. On last trading day Porter Bancorp Inc. (NASDAQ:PBIB) advanced 10.23% to close at $0.85. Its volatility for the week is 9.18% while volatility for the month is 13.79%. PBIB’s sales growth for past 5 years was -15.50% and its EPS growth for past 5 years was -17.00%. Porter Bancorp Inc. (NASDAQ:PBIB) monthly performance is 82.58%.