WFC News 48.96 05/21/2014 05:39:01 Wells Fargo & Company (WF

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Wells Fargo & Company (WFC) 48.96 $WFC

3 Reasons to Hold On to This Megabank's Stock
Chuck Saletta, The Motley Fool - Motley Fool - Tue May 20, 6:33PM CDT
Wells Fargo  is a selection for the real-money Inflation-Protected Income Growth portfolio . In this brief video, portfolio manager Chuck Saletta offers three reasons he's holding on to the megabank's stock despite its 20% increase since...

Final Glance: Banks companies
AP - Tue May 20, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were down at the close of trading:

Nasdaq Issues $500M Long-Term Notes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 20, 4:45PM CDT
Nasdaq OMX Group Inc. (NDAQ) announced the pricing of senior unsecured notes worth $500 million.

MURPHY OIL CORPORATION ANNOUNCES $125 MILLION ACCELERATED SHARE REPURCHASE TRANSACTION
Thomson Reuters ONE - Tue May 20, 4:22PM CDT
EL DORADO, Arkansas, May 20, 2014 - Murphy Oil Corporation (NYSE:MUR) ("the Company" announced today that it has entered into a variable term, capped accelerated share repurchase transaction (the "ASR" with Wells Fargo Bank, National Association to repurchase an aggregate of $125 million of the Company's common stock. The ASR is pursuant to the board authorized program to repurchase up to $125 million of the Company's stock announced on May 14, 2014. The total aggregate number of shares of Company common stock to be repurchased pursuant to the ASR will be determined by reference to the Rule 10b-18 volume-weighted price of the Company's common stock, less a fixed discount, over the term of the ASR, subject to a minimum number of shares. The ASR is expected to be completed no later than approximately three months following execution. All shares of the Company's common stock delivered under the ASR will be immediately retired or converted to treasury shares.


Weak results at retailers drag US stocks lower
By ALEX VEIGA - AP - Tue May 20, 4:28PM CDT
Retailers are used to throwing big sales. On Tuesday, it was investors who unloaded shares in several big retail chains, dragging down U.S. stocks and wiping out small gains from a day earlier.

VGTel Names Greg Wells as Chief Executive Officer
Marketwire - Tue May 20, 1:54PM CDT
VGTel, Inc. (OTCQB: VGTL) today announced that its Board of Directors has appointed Greg Wells as Chief Executive Officer effective immediately.

Midday Glance: Banks companies
AP - Tue May 20, 12:44PM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 1 p.m.:

Highwoods Prices Notes to Reduce Debt - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 20, 10:00AM CDT
In order to boost its liquidity position, Highwoods Properties (HIW) disclosed the pricing of 3.20% senior unsecured notes worth $300 million.

Early Glance: Banks companies
AP - Tue May 20, 9:40AM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.:

How Will J.C. Penny (JCP) Stock React To This Downgrade?
at The Street - Tue May 20, 7:56AM CDT
J.C. Penny (JCP) was downgraded to 'underperform' from 'market perform' at Wells Fargo (WFC) today.

Wells Fargo, National Urban League & U.S. Hispanic Chamber of Commerce Partner to Empower Diverse Business Owners
Business Wire - Tue May 20, 7:02AM CDT
In recognition of National Small Business Week, Wells Fargo is partnering with the National Urban League and the U.S. Hispanic Chamber of Commerce (USHCC) to host a series of small business seminars and workshops nationwide. The workshops--including business resource fairs--provide attendees with information on the following topics: starting a business, access to capital, advice for young entrepreneurs, marketing, and social media strategies. The program is part of Wells Fargo's annual Small Business Appreciation Celebration.

Is Bank of America Corp Finally Learning About Successful Banking From Wells Fargo & Co?
Matthew Frankel, The Motley Fool - Motley Fool - Tue May 20, 6:00AM CDT
Bank of America's   (NYSE: BAC)  efforts to simplify and focus on its core businesses like online and mobile banking and credit cards have definitely put the company on the right track, but more progress needs to be made...

Hatteras Financial Corp. to Present at Wells Fargo Securities Research & Economics Specialty Finance Conference
Business Wire - Mon May 19, 5:03PM CDT
Hatteras Financial Corp. (NYSE:HTS) ("Hatteras" or the "Company" today announced it is scheduled to make a presentation at 9:30 a.m. Eastern time on May 20, 2014, at the Wells Fargo Securities Research and Economics 2014 Specialty Finance Conference at The InterContinental - Times Square in New York City. Michael R. Hough, Chairman and Chief Executive Officer, and John J. Dalena, Chief Strategy Officer, will be providing an overview of the Company, its business strategy and financial performance during the presentation.

InfuSystem Announces Reduced Interest Rate on Existing $36.5 Million Credit Facility With Wells Fargo and PennantPark
Marketwire - Mon May 19, 3:41PM CDT
InfuSystem Holdings, Inc. (NYSE MKT: INFU) ("InfuSystem" or the "Company", the leading national provider of infusion pumps and related services for the healthcare industry in the United States, announced today that it has reduced the interest rate on its $36.5 million credit facility with Wells Fargo Capital Finance and funds managed by PennantPark Investment Advisers, LLC. The effective floating rate is reduced by 150 basis points as of today. The new effective interest rate is currently 7.75%.

Invesco Mortgage Capital Inc. to Present at Wells Fargo Securities Specialty Finance Conference in New York
PR Newswire - Mon May 19, 3:05PM CDT
Invesco Mortgage Capital Inc. (NYSE: IVR) is scheduled to present at the 2014 Wells Fargo Securities Specialty Finance Conference to be held in New York, NY on May 21, 2014, at approximately 10:00 am ET. Richard King, President and Chief Executive Officer and John Anzalone, Chief Investment Officer, are scheduled to speak.

Fitch Affirms Wells Fargo Commercial Loan Servicer Ratings
Business Wire - Mon May 19, 3:04PM CDT
Fitch Ratings has affirmed the commercial mortgage servicer ratings of Wells Fargo Bank, N.A. (Wells Fargo) as follows:

Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Business Wire - Mon May 19, 3:00PM CDT
Wells Fargo & Company (NYSE:WFC) today announced dividends on seven series of preferred stock.

One Put, One Call Option To Know About For Wells Fargo
at The Street - Mon May 19, 10:54AM CDT
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Wells Fargo . So this week we highlight one interesting put contract, and one interesting call contract, from the August...

Karla Rabusch Recognized as One of the Top Women in Asset Management
Business Wire - Mon May 19, 8:01AM CDT
Karla Rabusch, president of Wells Fargo Advantage Funds, has been recognized as one of the leading women in the asset management, according to Money Management Executive's inaugural Top Women in Asset Management Awards. The awards are given to female executives making substantial impacts on their organizations and the money management industry.

Will This Downgrade Have A Negative Impact On Altria Group (MO) Stock Monday?
at The Street - Mon May 19, 7:52AM CDT
Altria Group (MO) was downgraded to 'market perform' from 'outperform' at Wells Fargo (WFC) on Monday.
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