Wells Fargo & Company (WFC) 51.09 $WFC
Final Glance: Banks companies
AP - Mon Jun 02, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
JPMorgan Sued by LA Over Lending Practices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 4:40PM CDT
Legal predicaments continue to haunt JPMorgan (JPM). The bank has been sued by Los Angeles over its discriminatory lending practices.
CoStar Group, Inc. Announces Public Offering of Common Stock
GlobeNewswire - Mon Jun 02, 4:21PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) ("CoStar"
announced it has commenced a public offering of 2,000,000 shares of its common stock. CoStar expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 300,000 shares of its common stock. J.P. Morgan, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup, SunTrust Robinson Humphrey and Wells Fargo Securities are acting as joint-bookrunning managers for the offering, with Needham & Company, Stephens Inc., William Blair, JMP Securities and B. Riley & Co. acting as co-managers. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions it determines to pursue in the future, to finance the growth of its business and for working capital and other general corporate purposes.
The TJX Companies, Inc. Prices $750 Million Notes Offering
Business Wire - Mon Jun 02, 4:14PM CDT
The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced the pricing of the public offering of $750 million aggregate principal amount of notes due 2021. The notes will bear interest at a rate of 2.750% per annum, beginningJune 5, 2014. The Company intends to use the net proceeds from the sale of the notes to redeem the Company's $400 million aggregate principal amount 4.200% notes due August 15, 2015 and to use the remainder of the net proceeds for working capital and other general corporate purposes. The notes are expected to settle on June 5, 2014, subject to customary closing conditions.
ALCO Stores Announces New Credit Facility
GlobeNewswire - Mon Jun 02, 3:47PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS), announced today that Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), acted as administrative agent on a $125 million senior secured revolver, $5 million real estate term loan and $12.5 million term loan, which ALCO Stores will use for working capital and general corporate purposes. Additionally, Wells Fargo amended an existing ALCO credit agreement from $130 million to $142.5 million.
Memorial Resource Development Corp. Announces Launch of Initial Public Offering
GlobeNewswire - Mon Jun 02, 3:19PM CDT
Memorial Resource Development Corp. (Nasdaq:MRD) announced today that it has launched its initial public offering of 36,000,000 shares of common stock at an anticipated initial offering price between $16.00 and $18.00 per share pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission ("SEC". The Company is offering 24,500,000 shares of its common stock, and the selling stockholder named in the registration statement is offering 11,500,000 shares of the Company's common stock. The selling stockholder also expects to grant the underwriters a 30-day option to purchase up to an additional 5,400,000 shares of the Company's common stock. The shares are expected to trade on the NASDAQ Global Market under the ticker symbol "MRD."
Everest Re Group's Subsidiary Completes Senior Note Offering
Business Wire - Mon Jun 02, 3:05PM CDT
Everest Re Group, Ltd. (NYSE:RE) announced today that on its wholly-owned subsidiary, Everest Reinsurance Holdings, Inc (Holdings), priced a public offering of $400 million of 4.868% Senior Notes due 2044, pursuant to its currently effective shelf registration statement. The net proceeds will be utilized to retire existing debt at Holdings, which is coming due in October, 2014, as well as for general corporate purposes.
ONEOK and ONEOK Partners to Present at Wells Fargo "Kick the Tires" Fixed-Income Conference
PR Newswire - Mon Jun 02, 3:05PM CDT
ONEOK, Inc. (NYSE: OKE) and ONEOK Partners, L.P. (NYSE: OKS) will present at the Wells Fargo "Kick the Tires" Fixed-Income Conference on Tuesday, June 3, 2014, in Houston, Texas.
Gambling Stock Roundup: Wynn Resorts, MGM & Melco Crown Eye Japan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 12:41PM CDT
Casino operators like Wynn Resorts (WYNN), MGM Resorts (MGM) and Melco Crown Entertainment (MPEL) were in for some good news last week as efforts to legalize gambling in Japan appeared to gain momentum.
Wells Fargo Hits a New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 12:27PM CDT
Shares of Wells Fargo (WFC) reached a new 52-week high of $50.82 on Mar 30.
Midday Glance: Banks companies
AP - Mon Jun 02, 12:21PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
BioCryst to Present at Two Upcoming Investor Conferences
GlobeNewswire - Mon Jun 02, 12:05PM CDT
BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) today announced that executives from BioCryst are scheduled to provide a corporate update regarding the Company's clinical programs at the following investor conferences:
1 More Reason Apple Inc.’s iPhone 6 Will Be Bigger Than You Think
Andrew Tonner, The Motley Fool - Motley Fool - Mon Jun 02, 11:00AM CDT
This week kicks off a second half of the calendar year that could prove transformative for tech giant Apple . On Monday, Apple will commence its Worldwide Developers Conference in San Francisco with a keynote address that many hope will include...
Wells Fargo (WFC) Approaches New Upside Target of $51.14
Comtex SmarTrend(R) - Mon Jun 02, 9:34AM CDT
Wells Fargo (NYSE:WFC) has opened bullishly above the pivot of $50.64 today and has reached the first level of resistance at $50.96. Investors may be interested in a cross of the next upside pivot targets of $51.14 and $51.64.
Early Glance: Banks companies
AP - Mon Jun 02, 9:30AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
athenahealth, Inc. to Present at the 2014 Wells Fargo Healthcare Conference
GlobeNewswire - Mon Jun 02, 8:34AM CDT
athenahealth, Inc.(Nasdaq:ATHN), a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination, today announced that it will participate in the 2014 Wells Fargo Healthcare Conference in Boston. Steve Kahane, President of the Enterprise Division, will present a corporate overview and update on the company's service offerings.
Why Warren Buffett Loves When His Stocks Plummet
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Sun Jun 01, 10:46AM CDT
"We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to...
Annual Warren Buffett lunch auction begins Sunday
By JOSH FUNK - AP - Sun Jun 01, 9:43AM CDT
OMAHA, Neb. (AP) — Before billionaire businessman Warren Buffett started auctioning off private lunches to benefit the Glide Foundation, he was skeptical of the San Francisco charity where his first wife was volunteering.
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
Final Glance: Banks companies
AP - Mon Jun 02, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
JPMorgan Sued by LA Over Lending Practices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 4:40PM CDT
Legal predicaments continue to haunt JPMorgan (JPM). The bank has been sued by Los Angeles over its discriminatory lending practices.
CoStar Group, Inc. Announces Public Offering of Common Stock
GlobeNewswire - Mon Jun 02, 4:21PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) ("CoStar"
announced it has commenced a public offering of 2,000,000 shares of its common stock. CoStar expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 300,000 shares of its common stock. J.P. Morgan, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup, SunTrust Robinson Humphrey and Wells Fargo Securities are acting as joint-bookrunning managers for the offering, with Needham & Company, Stephens Inc., William Blair, JMP Securities and B. Riley & Co. acting as co-managers. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions it determines to pursue in the future, to finance the growth of its business and for working capital and other general corporate purposes. The TJX Companies, Inc. Prices $750 Million Notes Offering
Business Wire - Mon Jun 02, 4:14PM CDT
The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced the pricing of the public offering of $750 million aggregate principal amount of notes due 2021. The notes will bear interest at a rate of 2.750% per annum, beginningJune 5, 2014. The Company intends to use the net proceeds from the sale of the notes to redeem the Company's $400 million aggregate principal amount 4.200% notes due August 15, 2015 and to use the remainder of the net proceeds for working capital and other general corporate purposes. The notes are expected to settle on June 5, 2014, subject to customary closing conditions.
ALCO Stores Announces New Credit Facility
GlobeNewswire - Mon Jun 02, 3:47PM CDT
ALCO Stores, Inc. (Nasdaq:ALCS), announced today that Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), acted as administrative agent on a $125 million senior secured revolver, $5 million real estate term loan and $12.5 million term loan, which ALCO Stores will use for working capital and general corporate purposes. Additionally, Wells Fargo amended an existing ALCO credit agreement from $130 million to $142.5 million.
Memorial Resource Development Corp. Announces Launch of Initial Public Offering
GlobeNewswire - Mon Jun 02, 3:19PM CDT
Memorial Resource Development Corp. (Nasdaq:MRD) announced today that it has launched its initial public offering of 36,000,000 shares of common stock at an anticipated initial offering price between $16.00 and $18.00 per share pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission ("SEC"
. The Company is offering 24,500,000 shares of its common stock, and the selling stockholder named in the registration statement is offering 11,500,000 shares of the Company's common stock. The selling stockholder also expects to grant the underwriters a 30-day option to purchase up to an additional 5,400,000 shares of the Company's common stock. The shares are expected to trade on the NASDAQ Global Market under the ticker symbol "MRD." Everest Re Group's Subsidiary Completes Senior Note Offering
Business Wire - Mon Jun 02, 3:05PM CDT
Everest Re Group, Ltd. (NYSE:RE) announced today that on its wholly-owned subsidiary, Everest Reinsurance Holdings, Inc (Holdings), priced a public offering of $400 million of 4.868% Senior Notes due 2044, pursuant to its currently effective shelf registration statement. The net proceeds will be utilized to retire existing debt at Holdings, which is coming due in October, 2014, as well as for general corporate purposes.
ONEOK and ONEOK Partners to Present at Wells Fargo "Kick the Tires" Fixed-Income Conference
PR Newswire - Mon Jun 02, 3:05PM CDT
ONEOK, Inc. (NYSE: OKE) and ONEOK Partners, L.P. (NYSE: OKS) will present at the Wells Fargo "Kick the Tires" Fixed-Income Conference on Tuesday, June 3, 2014, in Houston, Texas.
Gambling Stock Roundup: Wynn Resorts, MGM & Melco Crown Eye Japan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 12:41PM CDT
Casino operators like Wynn Resorts (WYNN), MGM Resorts (MGM) and Melco Crown Entertainment (MPEL) were in for some good news last week as efforts to legalize gambling in Japan appeared to gain momentum.
Wells Fargo Hits a New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 12:27PM CDT
Shares of Wells Fargo (WFC) reached a new 52-week high of $50.82 on Mar 30.
Midday Glance: Banks companies
AP - Mon Jun 02, 12:21PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
BioCryst to Present at Two Upcoming Investor Conferences
GlobeNewswire - Mon Jun 02, 12:05PM CDT
BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) today announced that executives from BioCryst are scheduled to provide a corporate update regarding the Company's clinical programs at the following investor conferences:
1 More Reason Apple Inc.’s iPhone 6 Will Be Bigger Than You Think
Andrew Tonner, The Motley Fool - Motley Fool - Mon Jun 02, 11:00AM CDT
This week kicks off a second half of the calendar year that could prove transformative for tech giant Apple . On Monday, Apple will commence its Worldwide Developers Conference in San Francisco with a keynote address that many hope will include...
Wells Fargo (WFC) Approaches New Upside Target of $51.14
Comtex SmarTrend(R) - Mon Jun 02, 9:34AM CDT
Wells Fargo (NYSE:WFC) has opened bullishly above the pivot of $50.64 today and has reached the first level of resistance at $50.96. Investors may be interested in a cross of the next upside pivot targets of $51.14 and $51.64.
Early Glance: Banks companies
AP - Mon Jun 02, 9:30AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
athenahealth, Inc. to Present at the 2014 Wells Fargo Healthcare Conference
GlobeNewswire - Mon Jun 02, 8:34AM CDT
athenahealth, Inc.(Nasdaq:ATHN), a leading provider of cloud-based services for electronic health record (EHR), practice management, and care coordination, today announced that it will participate in the 2014 Wells Fargo Healthcare Conference in Boston. Steve Kahane, President of the Enterprise Division, will present a corporate overview and update on the company's service offerings.
Why Warren Buffett Loves When His Stocks Plummet
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Sun Jun 01, 10:46AM CDT
"We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to...
Annual Warren Buffett lunch auction begins Sunday
By JOSH FUNK - AP - Sun Jun 01, 9:43AM CDT
OMAHA, Neb. (AP) — Before billionaire businessman Warren Buffett started auctioning off private lunches to benefit the Glide Foundation, he was skeptical of the San Francisco charity where his first wife was volunteering.
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
