Los Angeles, CA, January 22, 2013 -- Regions Financial Corporation (NYSE: RF) surged up 1.35% to $7.53. The Company announced fourth quarter results. Net income was $265 million or 18 cents per share compared to loss of $548 million or 48 cents per share. The Company reduced its provision for loan losses to $37 million in the fourth quarter compared to $295 million in the prior year period.
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The Travelers Companies Inc (NYSE: TRV) increased 3.02% to $78.60 on a traded volume of 1.08 million shares. The Company announced fourth quarter results. The earnings were $304 million or 78 cents per share compared to $618 million or $1.51 in the previous year quarter. Revenue increased 1.6% to $6.48 billion. The Company's percentage of premiums spent on claims and expenses was 105.4% compared to 95.9% in the fourth quarter of 2011. Net written premiums increased 2.4% to $5.39 billion.
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Delta Air Lines Inc (NYSE: DAL) augmented 0.15% to $13.63. The Company reported fourth quarter profit of $7 million or a penny per share versus $425 million or 50 cents per share in the prior year period. Revenue increased 2% to $8.6 billion. However, analysts expected Delta to earn 27 cents per share on revenue of $8.59 billion. Delta said it booked a $100 million negative impact from superstorm Sandy on airline and refinery operations.
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Brinker International Inc (NYSE: EAT) slipped 3.36% to $32.23 after the Company announced second quarter results. The profit was $37.2 million or $0.50 per share compared to $35.7 million or $0.44 per share in the previous year period. The adjusted earnings for the period were $37.3 million or $0.50 per share in the second quarter. However, analysts expected the Company to earn $0.50 per share for the quarter. Revenues were $689.76 million versus $681.9 million in the previous year period. However, analysts expected revenues of $692.95 million.
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OMNOVA Solutions Inc (NYSE: OMN) decreased 5.64% to $7.19 after the Company announced fourth quarter results. The profit was $0.7 million or $0.01 per share compared to loss of $10.4 million or $0.23 per share in the previous year period. However, analysts expected the Company to earn $0.14 per share for the quarter. Revenues were $253.9 million compared to $301.4 million in the previous year period.
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