Wednesday 6-25-2014 Wells Fargo & Company (WFC) $WFC opened at 52.29 hitting the high price of 52.74 and a day low of 52.07 with a total volume of 12,815,271. WFC had a previous close of 52.49 and has been seeing an average volume of 13,877,090.
Overall Average: 96% Buy
Recent stock forum discussions about WFC http://investorshangout.com/search?q=WFC&...mp;yt0=Go!
Final Glance: Banks companies
AP - 1 hr 38 mins ago
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading: (full story)
James H. Caulfield Joins Peapack-Gladstone Bank
Marketwire - Wed Jun 25, 3:20PM CDT
Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank announce the appointment of James H. Caulfield to the position of Senior Managing Director and Trust Officer, Wealth Management. Mr. Caulfield will be instrumental in growing the Bank's wealth management business providing personalized client service while guiding new and existing clients through overall wealth advisory services and solutions. James will be a part of the Bank's new high-touch, private banking team located at 300 Carnegie Center in Princeton, NJ. (full story)
GreenSmartLiving Named by Nielsen to Elite Eight of United States e-Cigarette Companies
PR Newswire - Wed Jun 25, 3:14PM CDT
GreenSmartLiving (www.greensmartliving.com), a leader in creating a conscious living and environmentally friendly alternative to traditional combustible cigarettes announced today that it is now ranked eighth in the United States in sales of e-cigarettes by Nielsen C-Track Database and Wells Fargo Security, LLC as of May 27, 2014. (full story)
Fitch Affirms WFRBS 2012-C8
Business Wire - Wed Jun 25, 3:07PM CDT
Fitch Ratings has affirmed 15 classes of Wells Fargo Bank, National Association WFRBS Commercial Mortgage Trust 2012-C8 commercial mortgage pass-through certificates (WFRBS 2012-C8). A detailed list of rating actions follows at the end of this press release. (full story)
Fitch Affirms Wells Fargo Commercial Mortgage Trust 2013-LC12 Certificates
Business Wire - Wed Jun 25, 3:01PM CDT
Fitch Ratings has affirmed 15 classes of Wells Fargo Commercial Mortgage Trust 2013-LC12 certificates due to stable performance since issuance. A detailed list of rating actions follows at the end of this press release. (full story)
US weighs lawsuits on alleged insurance kickbacks
By JEFF HORWITZ - AP - Wed Jun 25, 1:01PM CDT
WASHINGTON (AP) — The government is considering suing banks and other mortgage servicers over alleged insurance kickbacks that may have cost government-controlled mortgage companies Fannie Mae and Freddie Mac hundreds of millions, according to an internal federal report. (full story)
Midday Glance: Banks companies
AP - Wed Jun 25, 12:36PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.: (full story)
Wells Fargo Insurance Announces New Regional Leadership for Employee Benefits National Practice
Business Wire - Wed Jun 25, 11:38AM CDT
Continuing to strengthen its Employee Benefits division, Wells Fargo Insurance, part of Wells Fargo & Co (NYSE: WFC), announced today a new regional structure for its Employee Benefits (EB) National Practice. As part of Wells Fargo Insurance's ongoing strategy to serve middle and upper middle market customers in key markets, its EB practice is now based in three primary regions across the U.S.: North, South and West. (full story)
Kroll Bond Rating Agency Assigns A/K1 Senior Long-Term and Short-Term Debt Ratings to Wells Fargo & Company
Business Wire - Wed Jun 25, 11:01AM CDT
Kroll Bond Rating Agency ("KBRA"
has assigned senior debt, subordinated, and short term ratings of A, A-, and K1, to Wells Fargo & Company ("Wells Fargo" , a bank holding company based in San Francisco, CA. KBRA has maintained the senior debt/deposit, subordinated, and short-term debt ratings of AA-, A+ and K1+, respectively, for Wells Fargo Bank, National Association ("the Bank" , the primary bank subsidiary of Wells Fargo. The outlook on all ratings is stable. (full story)
Oil and Gas Investor Magazine Recognizes 20 Under 40 in A&D Advisors
PRWeb - Wed Jun 25, 9:01AM CDT
The September issue of Oil and Gas Investor will feature 20 Under 40 in A&D Advisors. The magazine profiles rising stars in the world of oil and gas asset acquisitions and divestitures, and the deals with which they have been associated. This continuing 20 Under 40 series spotlights up-and-coming industry professionals who possess a unique entrepreneurial drive, creative energy, and intellectual skills. This is the fourth installment in the 20 Under 40 series, which has also recognized young professionals in the worlds of E&P and upstream finance. (full story)
UBS ETRACS Launches 2X Leveraged Version of Non-Energy MLP ETN Offering Significant Monthly Income Potential
Business Wire - Wed Jun 25, 9:00AM CDT
UBS Investment Bank announced that today is the first day of trading on the NYSE Arca(R) for the ETRACS Monthly Pay 2xLeveraged Wells Fargo(R) MLP Ex-Energy ETN (NYSE Arca(R):LMLP). LMLP is linked to the monthly compounded 2x leveraged performance of the Wells Fargo(R) Master Limited Partnership Ex-Energy Index (the "Index" . (full story)
What Bank of America Corp Bulls Don't Understand About Banking
John Maxfield, The Motley Fool - Motley Fool - Wed Jun 25, 8:55AM CDT
I think it's fair to say that most analysts and commentators are bullish on shares of Bank of America . And while I respect their opinions, I also believe they're wrong. The error in their collective analysis is that they've largely ignored, or... (full story)
Matt Carter Joins as Head of International Debt Syndicate of Wells Fargo Securities' Investment Banking and Capital Markets Group
Business Wire - Wed Jun 25, 6:02AM CDT
Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), announced today that Matt Carter joins as managing director and head of International Debt Syndicate. In his role, he will manage the execution of cross-border capital markets opportunities and debt capital markets transactions for the Europe, Middle East, Africa (EMEA) and Asia Pacific (APAC) regions. Carter's product coverage will include investment grade corporate bonds, preferred stock, private placements and hybrid capital. He is based in London and reports jointly to Robert Fernandez, head of the International Debt Capital Markets Group, and John Hines, head of Global Debt Syndicate. (full story)
Imprivata Prices Initial Public Offering
Business Wire - Tue Jun 24, 8:41PM CDT
Imprivata(R) (NYSE: IMPR) today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol "IMPR" on June 25, 2014. In addition, Imprivata has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock from Imprivata at the initial public offering price to cover over-allotments, if any. All of the common stock is being offered by Imprivata. (full story)
Lantheus Holdings, Inc. Announces Filing of Registration Statement for Proposed Initial Public Offering
Marketwire - Tue Jun 24, 4:26PM CDT
Lantheus Holdings, Inc. ("Lantheus Holdings" or the "Company" , the parent company of Lantheus Medical Imaging, Inc. ("LMI" , a global leader in developing, manufacturing, selling and distributing innovative diagnostic imaging agents, announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. Lantheus Holdings intends to apply to list its common stock on the NASDAQ Global under the ticker symbol "LNTH." The number of shares to be offered and the price range of the proposed offering have not yet been determined. Lantheus Holdings expects to use the net proceeds of the offering to repay indebtedness of LMI and for working capital and general corporate purposes. (full story)
Olin Completes New Senior Credit Facilities and Amends the 2010 Tax Exempt Debt Issues
PR Newswire - Tue Jun 24, 3:08PM CDT
Olin Corporation (NYSE: OLN) announced today that it has entered into new $415 million five-year senior credit facilities consisting of a revolving credit facility that replaces its $265 million senior revolving credit facility and a delayed-draw term loan facility that will be used to refinance its 8.875% senior notes due 2019. The new facilities will mature on June 24, 2019 and are comprised of a $215 million US dollar denominated revolving facility under which Olin Corporation ("Olin" may borrow, a $50 million US dollar denominated revolving facility under which Olin and one of its Canadian subsidiaries may borrow and a $150 million US dollar delayed-draw term loan facility under which Olin may borrow, in each case, upon satisfying certain conditions set forth in the new facilities' definitive documentation. The new facilities are unsecured and contain restrictions on Olin that are similar to the restrictions contained in the $265 million senior revolving credit facility. The new facilities also include a $60 million letter of credit subfacility and an uncommitted $100 million incremental facility. (full story)
Why Wisconsin Energy (WEC) Stock Is Gaining Today
at The Street - Tue Jun 24, 12:58PM CDT
Wisconsin Energy (WEC) shares are up after being upgraded to 'outperform' by analysts at Wells Fargo (WFC). (full story)
Overall Average: 96% Buy
Recent stock forum discussions about WFC http://investorshangout.com/search?q=WFC&...mp;yt0=Go!
Final Glance: Banks companies
AP - 1 hr 38 mins ago
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading: (full story)
James H. Caulfield Joins Peapack-Gladstone Bank
Marketwire - Wed Jun 25, 3:20PM CDT
Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank announce the appointment of James H. Caulfield to the position of Senior Managing Director and Trust Officer, Wealth Management. Mr. Caulfield will be instrumental in growing the Bank's wealth management business providing personalized client service while guiding new and existing clients through overall wealth advisory services and solutions. James will be a part of the Bank's new high-touch, private banking team located at 300 Carnegie Center in Princeton, NJ. (full story)
GreenSmartLiving Named by Nielsen to Elite Eight of United States e-Cigarette Companies
PR Newswire - Wed Jun 25, 3:14PM CDT
GreenSmartLiving (www.greensmartliving.com), a leader in creating a conscious living and environmentally friendly alternative to traditional combustible cigarettes announced today that it is now ranked eighth in the United States in sales of e-cigarettes by Nielsen C-Track Database and Wells Fargo Security, LLC as of May 27, 2014. (full story)
Fitch Affirms WFRBS 2012-C8
Business Wire - Wed Jun 25, 3:07PM CDT
Fitch Ratings has affirmed 15 classes of Wells Fargo Bank, National Association WFRBS Commercial Mortgage Trust 2012-C8 commercial mortgage pass-through certificates (WFRBS 2012-C8). A detailed list of rating actions follows at the end of this press release. (full story)
Fitch Affirms Wells Fargo Commercial Mortgage Trust 2013-LC12 Certificates
Business Wire - Wed Jun 25, 3:01PM CDT
Fitch Ratings has affirmed 15 classes of Wells Fargo Commercial Mortgage Trust 2013-LC12 certificates due to stable performance since issuance. A detailed list of rating actions follows at the end of this press release. (full story)
US weighs lawsuits on alleged insurance kickbacks
By JEFF HORWITZ - AP - Wed Jun 25, 1:01PM CDT
WASHINGTON (AP) — The government is considering suing banks and other mortgage servicers over alleged insurance kickbacks that may have cost government-controlled mortgage companies Fannie Mae and Freddie Mac hundreds of millions, according to an internal federal report. (full story)
Midday Glance: Banks companies
AP - Wed Jun 25, 12:36PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.: (full story)
Wells Fargo Insurance Announces New Regional Leadership for Employee Benefits National Practice
Business Wire - Wed Jun 25, 11:38AM CDT
Continuing to strengthen its Employee Benefits division, Wells Fargo Insurance, part of Wells Fargo & Co (NYSE: WFC), announced today a new regional structure for its Employee Benefits (EB) National Practice. As part of Wells Fargo Insurance's ongoing strategy to serve middle and upper middle market customers in key markets, its EB practice is now based in three primary regions across the U.S.: North, South and West. (full story)
Kroll Bond Rating Agency Assigns A/K1 Senior Long-Term and Short-Term Debt Ratings to Wells Fargo & Company
Business Wire - Wed Jun 25, 11:01AM CDT
Kroll Bond Rating Agency ("KBRA"
has assigned senior debt, subordinated, and short term ratings of A, A-, and K1, to Wells Fargo & Company ("Wells Fargo" , a bank holding company based in San Francisco, CA. KBRA has maintained the senior debt/deposit, subordinated, and short-term debt ratings of AA-, A+ and K1+, respectively, for Wells Fargo Bank, National Association ("the Bank" , the primary bank subsidiary of Wells Fargo. The outlook on all ratings is stable. (full story) Oil and Gas Investor Magazine Recognizes 20 Under 40 in A&D Advisors
PRWeb - Wed Jun 25, 9:01AM CDT
The September issue of Oil and Gas Investor will feature 20 Under 40 in A&D Advisors. The magazine profiles rising stars in the world of oil and gas asset acquisitions and divestitures, and the deals with which they have been associated. This continuing 20 Under 40 series spotlights up-and-coming industry professionals who possess a unique entrepreneurial drive, creative energy, and intellectual skills. This is the fourth installment in the 20 Under 40 series, which has also recognized young professionals in the worlds of E&P and upstream finance. (full story)
UBS ETRACS Launches 2X Leveraged Version of Non-Energy MLP ETN Offering Significant Monthly Income Potential
Business Wire - Wed Jun 25, 9:00AM CDT
UBS Investment Bank announced that today is the first day of trading on the NYSE Arca(R) for the ETRACS Monthly Pay 2xLeveraged Wells Fargo(R) MLP Ex-Energy ETN (NYSE Arca(R):LMLP). LMLP is linked to the monthly compounded 2x leveraged performance of the Wells Fargo(R) Master Limited Partnership Ex-Energy Index (the "Index"
. (full story) What Bank of America Corp Bulls Don't Understand About Banking
John Maxfield, The Motley Fool - Motley Fool - Wed Jun 25, 8:55AM CDT
I think it's fair to say that most analysts and commentators are bullish on shares of Bank of America . And while I respect their opinions, I also believe they're wrong. The error in their collective analysis is that they've largely ignored, or... (full story)
Matt Carter Joins as Head of International Debt Syndicate of Wells Fargo Securities' Investment Banking and Capital Markets Group
Business Wire - Wed Jun 25, 6:02AM CDT
Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), announced today that Matt Carter joins as managing director and head of International Debt Syndicate. In his role, he will manage the execution of cross-border capital markets opportunities and debt capital markets transactions for the Europe, Middle East, Africa (EMEA) and Asia Pacific (APAC) regions. Carter's product coverage will include investment grade corporate bonds, preferred stock, private placements and hybrid capital. He is based in London and reports jointly to Robert Fernandez, head of the International Debt Capital Markets Group, and John Hines, head of Global Debt Syndicate. (full story)
Imprivata Prices Initial Public Offering
Business Wire - Tue Jun 24, 8:41PM CDT
Imprivata(R) (NYSE: IMPR) today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol "IMPR" on June 25, 2014. In addition, Imprivata has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock from Imprivata at the initial public offering price to cover over-allotments, if any. All of the common stock is being offered by Imprivata. (full story)
Lantheus Holdings, Inc. Announces Filing of Registration Statement for Proposed Initial Public Offering
Marketwire - Tue Jun 24, 4:26PM CDT
Lantheus Holdings, Inc. ("Lantheus Holdings" or the "Company"
, the parent company of Lantheus Medical Imaging, Inc. ("LMI" , a global leader in developing, manufacturing, selling and distributing innovative diagnostic imaging agents, announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. Lantheus Holdings intends to apply to list its common stock on the NASDAQ Global under the ticker symbol "LNTH." The number of shares to be offered and the price range of the proposed offering have not yet been determined. Lantheus Holdings expects to use the net proceeds of the offering to repay indebtedness of LMI and for working capital and general corporate purposes. (full story) Olin Completes New Senior Credit Facilities and Amends the 2010 Tax Exempt Debt Issues
PR Newswire - Tue Jun 24, 3:08PM CDT
Olin Corporation (NYSE: OLN) announced today that it has entered into new $415 million five-year senior credit facilities consisting of a revolving credit facility that replaces its $265 million senior revolving credit facility and a delayed-draw term loan facility that will be used to refinance its 8.875% senior notes due 2019. The new facilities will mature on June 24, 2019 and are comprised of a $215 million US dollar denominated revolving facility under which Olin Corporation ("Olin"
may borrow, a $50 million US dollar denominated revolving facility under which Olin and one of its Canadian subsidiaries may borrow and a $150 million US dollar delayed-draw term loan facility under which Olin may borrow, in each case, upon satisfying certain conditions set forth in the new facilities' definitive documentation. The new facilities are unsecured and contain restrictions on Olin that are similar to the restrictions contained in the $265 million senior revolving credit facility. The new facilities also include a $60 million letter of credit subfacility and an uncommitted $100 million incremental facility. (full story) Why Wisconsin Energy (WEC) Stock Is Gaining Today
at The Street - Tue Jun 24, 12:58PM CDT
Wisconsin Energy (WEC) shares are up after being upgraded to 'outperform' by analysts at Wells Fargo (WFC). (full story)
