Shares of Regions Financial Corp (NYSE:RF) ended Wednesday session in green amid volatile trading. The shares closed up +0.14 points or 1.37% at $9.96 with 1.26 billion shares getting traded. Post opening the session at $9.80 the shares hit an intraday low of $9.79 and an intraday high of $9.98 and the price vacillated in this range throughout the day. The company has a market cap of $12.45 billion and the numbers of outstanding shares have been calculated to be 1.26 billion shares.
Regions Financial Corp (RF) announced schedule to present at the Barclays Global Financial Services Conference in New York on Wednesday, Sept. 14, 2016.
Regions executives will make a presentation beginning at 9 a.m. ET. Comments and the related slide presentation will be available via a live, listen-only webcast. To listen, visit the Investor Relations page at www.regions.com. A replay will also be made available following the presentation.
Shares of Charles Schwab Corp (NYSE:SCHW) ended Wednesday session in green amid volatile trading. The shares closed up +0.04 points or 0.13% at $30.77 with 1.32 billion shares getting traded. Post opening the session at $30.52 the shares hit an intraday low of $30.46 and an intraday high of $30.86 and the price vacillated in this range throughout the day. The company has a market cap of $40.01 billion and the numbers of outstanding shares have been calculated to be 1.32 billion shares.
On August 10, 2016 A new survey from Schwab Retirement Plan Services, Inc. finds that saving enough money for a comfortable retirement is the most common financial stress inducer for people of all ages. The survey also reveals that most people view the 401(k) as a “must-have” workplace benefit and believe they would benefit from professional saving, investment and financial guidance.
The nationwide survey of 1,000 401(k) plan participants finds that building adequate retirement savings was cited most often (40%) as a significant source of financial stress in respondents’ lives – even more than job security (24%), paying off credit card debt (21%) or keeping up with monthly expenses (20%).
Despite having more time to accumulate retirement savings, Millennials still named saving for retirement (38%) a significant source of financial stress – above all others. This included monthly expenses (29%), credit card debt (26%) and even student loans (24%).
About half (49%) of survey respondents feel it is impossible to save enough in their 401(k) for a comfortable retirement. Only 43 percent know how much money they may need for a comfortable retirement, which is significantly lower than awareness of other important targets in their lives, including ideal credit score (91%), weight (90%) or blood pressure (77%).
“With so many competing obligations and priorities, it’s natural for people to worry about whether they’re saving enough for retirement,” said Steve Anderson, president, Schwab Retirement Plan Services, Inc. “Roughly nine out of ten respondents told us they are relying mostly on themselves to finance retirement. It’s encouraging to see people of all ages taking responsibility for their own future and making this a top priority.”