WFC News 51.63 06/06/2014 05:40:33 Wells Fargo & Company (WF

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Wells Fargo & Company (WFC) 51.63 $WFC

Arista Announces Pricing of Initial Public Offering
Business Wire - Fri Jun 06, 12:09AM CDT
Arista Networks, Inc. (NYSE:ANET) today announced the pricing of its initial public offering of 5,250,000 shares of its common stock at a price to the public of $43.00 per share. In addition, Arista has granted the underwriters a 30-day option to purchase up to 787,500 additional shares of common stock at the initial public offering price to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on June 6, 2014 under the symbol "ANET."

CoStar Group, Inc. Announces Upsizing and Pricing of Common Stock Offering
GlobeNewswire - Thu Jun 05, 8:02PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) ("CoStar" today announced it has priced a public offering of 3,000,000 shares of its common stock at $160.00 per share. The offering was upsized from the previously announced public offering of 2,000,000 shares of common stock. The Company has granted the underwriters in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock. CoStar Group expects to receive net proceeds of $460.1 million, or $529.2 million if the underwriters exercise in full their option to purchase additional shares, after deducting underwriting discounts and commissions and other estimated offering expenses. Subject to customary conditions, the offering is expected to close on or about June 11, 2014.

Old National Bancorp to Buy LSB Financial - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 05, 5:44PM CDT
Consistent with its inorganic growth strategy, Evansville, IN-based Old National Bancorp (ONB) recently entered into a definitive merger agreement with LSB Financial Corp. (LSBI).

Final Glance: Banks companies
AP - Thu Jun 05, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:

After Yesterday's Rally of 1.16% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Jun 05, 3:47PM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $51.02 to a high of $51.72. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $51.17 on volume of 11.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

FlexScore CEO Jason Gordo Joins Emerge Lineup of Expert Consumer Financial Services Speakers
Business Wire - Thu Jun 05, 1:19PM CDT
Jason Gordo, co-founder and CEO at FlexScore has been selected to present at EMERGE, the premier Forum on consumer financial services innovation. Gordo will join Brett Pitts, executive vice president at Wells Fargo and Rachel Schneider, senior vice president at the Center for Financial Services Innovation (CFSI) in a panel discussion titled, "The Quantified Self: Financial Fitness Through Smart Data" that will explore the intersection of smart data and personal technology that is paving the way to informed decisions for better financial health. The education session is scheduled for Thursday, June 5 at 4:00 p.m. PST.

3 Stocks Near 52-Week Highs Worth Selling
Sean Williams, The Motley Fool - Motley Fool - Thu Jun 05, 12:45PM CDT
Corporate revenue growth may still be weak, and the housing sector may lean every time interest rates so much as hiccup 0.125% higher, but with the CBOE Volatility Index traipsing along near multiyear lows, is seems as if nothing  can stop the...

Midday Glance: Banks companies
AP - Thu Jun 05, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:

Why Jamie Dimon Deserves Every Penny of His $20 Million Pay
Jay Jenkins, The Motley Fool - Motley Fool - Thu Jun 05, 12:00PM CDT
JPMorgan Chase CEO Jamie Dimon at Davos. Source: World Economic Forum . The Dow Jones Industrial Average was up 94 points in early afternoon trading Thursday as the markets await tomorrow's U.S. Labor Department jobs report for May.  Perhaps...

5 Big Stock Trades to Buy in June
at The Street - Thu Jun 05, 10:53AM CDT
Here's a look at how to trade some of the biggest names on Wall Street.

Wells Fargo (WFC) Crosses Pivot Point Resistance at $51.13
Comtex SmarTrend(R) - Thu Jun 05, 10:44AM CDT
Shares of Wells Fargo (NYSE:WFC) opened today above their pivot of $50.98 and have already reached the first level of resistance at $51.13. Analysts will be watching for a cross of the next upside pivot targets of $51.23 and $51.48.

Shares of WFC Up 21.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Jun 05, 9:54AM CDT
SmarTrend identified an Uptrend for Wells Fargo (NYSE:WFC) on October 16th, 2013 at $42.19. In approximately 8 months, Wells Fargo has returned 21.17% as of today's recent price of $51.12.

Appeals Court Reverses Decision on Citi-SEC Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 05, 9:50AM CDT
On Wednesday, the 2nd U.S. Circuit Court of Appeals in Manhattan rescinded the decision of U.S. District Judge Jed Rakoff related to Citigroup Inc. (C) - U.S. Securities and Exchange Commission (SEC) settlement of $285 million.

Early Glance: Banks companies
AP - Thu Jun 05, 9:31AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:

U.S. Mid-Size Companies Are Turning to International Markets for Financial Success
Business Wire - Thu Jun 05, 7:30AM CDT
The global marketplace is no longer the exclusive domain of large corporations as mid-sized U.S. companies focus on doing business internationally in order to be financially successful. According to a new survey released today from Wells Fargo's International Group, part of Wells Fargo & Company (NYSE: WFC), among 250 U.S. companies with $50 million or more in annual revenue, 69 percent of mid-sized companies plan to increase international business over the next year - and more than half expect an increase in revenue and profits from their international activity. The Wells Fargo International Business Indicator was launched to track the outlook and activity of companies that conduct at least some international business.

Quintiles Executive to Present at the 2014 Wells Fargo Healthcare Conference
Business Wire - Thu Jun 05, 7:00AM CDT
Quintiles CFO Kevin Gordon will present at the 2014 Wells Fargo Healthcare Conference on Tuesday, June 17, 2014, in Boston's InterContinental Hotel.

Quidel to Present at Wells Fargo Securities 2014 Healthcare Conference
Marketwire - Thu Jun 05, 2:08AM CDT
Quidel Corporation (NASDAQ: QDEL), a provider of rapid diagnostic testing solutions, cell-based virology assays and molecular diagnostic systems, announced today that it will present at the Wells Fargo Securities 2014 Healthcare Conference to be held at the InterContinental Boston hotel in Boston, MA on Tuesday, June 17, 2014.

Third Annual Wells Fargo Zipping for Autism Raises Over $44,000
PRWeb - Wed Jun 04, 3:40PM CDT
The 3rd Annual Wells Fargo Zipping for Autism, hosted by Asheville Zipline Canopy Adventures and Treetops Adventure Park, raised more than $44,000 on Sunday, June 1, to support the Autism Society of North Carolina's efforts in western North Carolina.

Ocwen Shares Rise on Optimism Wells Fargo Deal Will Proceed
at The Street - Wed Jun 04, 3:17PM CDT
Ocwen Financial saw its shares rise Wednesday, apparently due to optimism among investors the nation's largest non-bank collector of mortgage debt can win regulatory approvals to proceed on a deal with Wells Fargo involving $39 billion worth of...

Is New York Community Bancorp's High Dividend Sustainable?
Eric Volkman, The Motley Fool - Motley Fool - Wed Jun 04, 1:58PM CDT
As my Foolish colleague John Maxfield opined  recently , New York Community Bancorp is an unheralded jewel in the financial sector. Boasting some of the best financial metrics in the industry, the company also has a fat dividend yield that is...
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