Final Glance: Banks companies
AP - Fri Mar 20, 7:00PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
C: 52.98 (+0.60), WFC: 56.01 (+0.50), BAC: 15.84 (+0.23), MS: 36.50 (+0.39)
Visa's Huge Scale Gives It Edge In Face Of Headwinds
at Investor's Business Daily - Fri Mar 20, 3:28PM CDT
The law of large numbers doesn't seem to apply to global card processing giant Visa -- the principle being that big companies that have been around a long time can't maintain growth and stock price appreciation forever. Visa (V) stock has gained 21%...
V: 67.41 (+0.60), AXP: 82.70 (+1.16), JPM: 61.75 (+0.55), C: 52.98 (+0.60), COST: 152.59 (+1.28), WFC: 56.01 (+0.50), BAC: 15.84 (+0.23), AAPL: 125.90 (-1.60), MA: 89.82 (+0.80)
Bank Stock Roundup: Fed's No Decision on Rate Hike, JPMorgan & Citigroup Dominate - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 20, 1:15PM CDT
The Fed's no decision on a rate hike, expansion of operations through other avenues to lessen top-line pressure and discussions to settle FX rigging probe were the major headlines.
COF: 81.13 (+0.51), JPM: 61.75 (+0.55), C: 52.98 (+0.60), WFC: 56.01 (+0.50), PNC: 95.97 (+1.10), BK: 40.57 (+0.27), CMA: 46.63 (+1.08)
SteadyMed Announces Pricing of Initial Public Offering
GlobeNewswire - Fri Mar 20, 6:00AM CDT
SteadyMed Ltd., a specialty pharmaceutical company, today announced the pricing of its initial public offering of 4,700,000 ordinary shares at a price to the public of $8.50 per share. SteadyMed's ordinary shares are expected to begin trading on The NASDAQ Global Market under the symbol "STDY" on March 20, 2015. The offering is expected to close on March 25, 2015, subject to customary closing conditions. All of the ordinary shares are being offered by SteadyMed. In addition, SteadyMed has granted the underwriters a 30-day option to purchase up to an additional 705,000 ordinary shares.
WFC: 56.01 (+0.50), STDY: 8.60 (+0.54)
Look for Shares of Wells Fargo to Potentially Rebound after Yesterday's 1.18% Sell Off
Comtex SmarTrend(R) - Thu Mar 19, 3:47PM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $55.24 to a high of $55.98. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $55.25 on volume of 14.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WFC: 56.01 (+0.50)
Furmanite Corporation Announces Expansion and Extension of Credit Agreement
Business Wire - Thu Mar 19, 3:24PM CDT
Furmanite Corporation (the "Company"
FRM: 7.97 (+0.34), WFC: 56.01 (+0.50)
Take Flexible Approach To Office And Home Lives
at Investor's Business Daily - Thu Mar 19, 12:25PM CDT
The boundary is down between work and home. How executives and businesses make the most of flex, virtual and temporary job approaches: Hustle. "Technology has expanded the 9-to-5 workday into the 24/7 workday, which has made it extremely difficult...
WFC: 56.01 (+0.50)
Wells Fargo: Still An Attractive Play
Oguz Erkol - at Seeking Alpha - Thu Mar 19, 9:48AM CDT
WFC: 56.01 (+0.50)
Wells Fargo's Workplace Giving Program Earns United Way's Top Honor
M2 - Thu Mar 19, 9:25AM CDT
United Way Worldwide has recognized Wells Fargo & Company (NYSE: WFC) for leading the largest workplace giving campaign in the U.S. in 2014, marking the sixth consecutive year Wells Fargo has earned the honor. During the company's monthlong Community Support and United Way giving campaign, Wells Fargo team members pledged $70.5 million, a 9 percent increase from 2013, and the 12th consecutive year-over-year increase.
WFC: 56.01 (+0.50)
Fitch Confirms Various Wells Fargo Tender Option Bond Ratings
Business Wire - Thu Mar 19, 9:16AM CDT
Fitch Ratings confirms the following ratings assigned to the floaters and residuals of the Wells Fargo Stage Trust series listed below:
WFC: 56.01 (+0.50)
Oil Will Be Higher This Time Next Year - Cramer's Mad Money (3/18/15)
SA Editor Mohit Manghnani - Seeking Alpha - Thu Mar 19, 6:16AM CDT
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday, March 18. With the Fed meet over, it's time to focus on stocks, profitability and pent up demand for stocks. Cramer said that the U.S. is the strongest...
SBUX: 97.46 (-0.30), VEEV: 27.28 (-0.65), KO: 40.65 (+0.63), GPRO: 40.40 (+0.87), AXP: 82.70 (+1.16), TMO: 136.63 (+1.87), FB: 83.80 (+1.05), COST: 152.59 (+1.28), WFC: 56.01 (+0.50), CRL: 84.08 (-0.12), PLKI: 59.94 (-0.46), MMP: 78.94 (-0.74)
The Resource Group and WildTangent Launch AP Connect for Wells Fargo Manager Product
PRWeb - Thu Mar 19, 3:03AM CDT
The Resource Group, an enterprise resource planning (ERP) software consulting and development company, in conjunction with WildTangent, a mobile solutions company, created AP Connect. AP Connect is a software product that provides a seamless integration between Microsoft Dynamics(R) GP and Wells Fargo Payment Manager(R).
WFC: 56.01 (+0.50)
Jim Cramer's 'Mad Money' Recap: The Fed Does the Right Thing
at The Street - Wed Mar 18, 7:01PM CDT
The Federal Reserve is smarter than you think, Cramer says.
TSLA: 198.08 (+2.43), ZIOP: 13.89 (-0.11), AR: 36.03 (+0.40), DRNA: 24.81 (-1.69), AKAM: 72.87 (+0.12), FB: 83.80 (+1.05), WFC: 56.01 (+0.50), LBIO: 13.59 (-0.90), FIVE: 31.86 (+0.49), PLKI: 59.94 (-0.46), SBUX: 97.46 (-0.30), ESPR: 112.33 (+2.19), RCPT: 148.30 (-4.85), CRZO: 47.86 (+1.37), CRL: 84.08 (-0.12), MMP: 78.94 (-0.74), ROST: 107.46 (+0.72), REGN: 488.87 (+2.85)
Yield Play? Apple Paid $11 Billion In 2014 Dividends
at Investor's Business Daily - Wed Mar 18, 4:20PM CDT
Companies in the S&P 500 paid a record $376 billion in dividends over the trailing 12-month period ended in January, according to an analyst report from FactSet. Apple (AAPL) and Exxon Mobil (XOM) topped all other components paying out more than $11...
PGR: 27.65 (+0.12), T: 33.23 (+0.03), GE: 25.40 (+0.07), RIG: 14.99 (+0.83), OKE: 47.37 (+0.95), STX: 56.51 (+0.80), PFG: 51.86 (+1.20), XOM: 84.54 (+0.13), WFC: 56.01 (+0.50), MSFT: 42.88 (+0.60), AAPL: 125.90 (-1.60), NE: 13.72 (+0.17)
Patterson-UTI Energy Announces Term Loan Financing
PR Newswire - Wed Mar 18, 3:01PM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that the Company has entered into a $200 million senior unsecured term loan agreement with a group of financial institutions led by Wells Fargo Bank, N.A. The maturity date of the term loan facility is September 27, 2017, which is the same maturity date as the Company's principal credit agreement.
WFC: 56.01 (+0.50), PTEN: 17.89 (-0.03)
Concert Pharmaceuticals Announces Proposed Public Offering of Common Stock
Business Wire - Wed Mar 18, 3:01PM CDT
Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) today announced that it has commenced an underwritten public offering of its common stock. All of the shares in the offering are to be sold by Concert.
WFC: 56.01 (+0.50), CNCE: 14.76 (unch)
RREEF Property Trust, Inc. Announces Closing of $75 Million Secured Revolving Credit Facility
Business Wire - Wed Mar 18, 1:03PM CDT
RREEF Property Trust, Inc. (NASDAQ:ZRPTAX) (NASDAQ:ZRPTBX), a publicly registered, daily NAV REIT, announced today the closing of a $75 million secured revolving credit facility with Wells Fargo Bank, National Association (the "Facility"
DB: 34.15 (+1.23), WFC: 56.01 (+0.50)
Wells Fargo Insurance Names Kristine Meuse Head of National Cross-Sell Team
M2 - Wed Mar 18, 11:59AM CDT
Committed to serving the insurance needs of its commercial and large corporate customers, Wells Fargo Insurance, part of Wells Fargo & Company (NYSE: WFC), has appointed industry veteran Kristine Meuse to lead cross-sell efforts for its Insurance Brokerage and Consulting (IBC) division. Meuse will work closely with Wells Fargo's corporate and commercial banking groups to provide risk management and insurance services to customers. Based in Dallas, she will lead the national cross-sell strategy and partner with local insurance teams, national resources and bank leaders to identify opportunities to help Wells Fargo customers manage risk and meet their insurance needs.
WFC: 56.01 (+0.50)
Wells Fargo $500,000 grant to improve Cincinnati neighborhood
M2 - Wed Mar 18, 11:53AM CDT
Wells Fargo (NYSE: WFC) today announced a $500,000 grant through the Wells Fargo Cincinnati NeighborhoodLIFT program will be awarded to Price Hill Will, a community development corporation working to revitalize the East, West and Lower Price Hill neighborhoods of Cincinnati.
WFC: 56.01 (+0.50)