With just a day to go for the Valentine's Day, the state govt put police on high alert to counter the threat by Sri Rama Sene which has given a call for bandh today to protest the attack on its founder Muthalik.
"And theoilfield service bellwethers have echoed that theme." On Monday, along with their quarterly results, Halliburton Co(HAL.N) and Weatherford International Ltd (WFT.N) gave outlooks forNorth America that were steady, but with few signs of an imminentpricing recovery. "They're approaching stability in the second half of the year,"said Mark Brown, an analyst at Pritchard Capital Partners. The company's outlook for the return of growth was uncertain,however, as weak natural gas prices continue to suppress activityamong North American energy producers. * Q2 EPS 32 cts excl charges, vs 28 cts view of Wall St Stocks | France * Shares steady after-hours (Adds analyst comment, details) By Braden Reddall SAN FRANCISCO, July 21 (Reuters) - Oil and gas rig contractorNabors Industries Ltd (NBR.N) reported on Tuesday a sharp drop inearnings before charges, hit by an industrywide decline in drillingthat Nabors said was bottoming out.
We undertakeno obligation to update or revise forward-looking statements to reflectchanged assumptions, the occurrence of unanticipated events or changes tofuture operating results over time. Internationalparticipants should dial 617-614-3922 and enter the participant passcode94451563.ABOUT RENASANT CORPORATION: Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Eastern time on Wednesday, July 22, 2009, through theCompany's website: , and through Thompson/CCBN'sindividualinvestor center at , or any of Thompson/CCBN's InvestorDistribution Network websites.The event will be archived on the Company'swebsite for 90 days.If Internet access is unavailable, the conference mayalso be heard live (listen-only) via telephone by dialing 800-291-5365 in theUnited States and entering the participant passcode 94451563. The Company'sshareholders' equity to total assets increased to 10.82% at June 30, 2009 ascompared to 10.54% at March 31, 2009 and 10.68% at June 30, 2008. TheCompany's tangible shareholders' equity to total tangible assets (tangiblecapital ratio) increased to 5.94% at June 30, 2009 as compared to 5.75% atMarch 31, 2009 and 5.83% at June 30, 2008.CONFERENCE CALL INFORMATION:A live audio webcast of a conference call with analysts will be availablebeginning at 10:00 a.m. The provision for loan losses wasincreased during the second quarter of 2009, which is reflective of the higheramount of net charge-offs during the quarter and consistent with our practiceof providing for losses within our loan portfolio as we identify potentialweaknesses.Annualized net charge-offs as a percentage of average loans were0.93% for the second quarter of 2009, up from 0.75% for the first quarter of2009 and 0.43% for the second quarter of 2008.The allowance for loan lossesas a percentage of loans was 1.46% at June 30, 2009, as compared to 1.40% atMarch 31, 2009 and 1.05% at June 30, 2008.