Private Buffett lunch goes to highest bidder for over $3.4M
By JOSH FUNK - AP - Sat Jun 11, 12:53AM CDT
OMAHA, Neb. (AP) — For the second time, an anonymous bidder has agreed to pay more than $3.4 million for a private lunch with billionaire Warren Buffett, with the auction proceeds going to a San Francisco homeless charity.
KO: 45.99 (+0.23), WFC: 48.34 (-0.80), BRK.B: 141.76 (-0.47), BRK.A: 212,622.00 (-588.00)
ConocoPhillips, Citigroup and Mattress Firm stumble
AP - Fri Jun 10, 3:39PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
URBN: 26.32 (-1.61), GBT: 24.15 (+2.00), AXLL: 32.56 (+6.75), C: 43.90 (-1.11), MYL: 44.53 (-1.23), WFC: 48.34 (-0.80), MFRM: 29.40 (-4.18), HRB: 24.23 (+2.69)
Wells Fargo Fourth Quarter 2016 Earnings Information
BusinessWire - Fri Jun 10, 12:47PM CDT
Wells Fargo & Company (NYSE: WFC) is scheduled to announce its fourth quarter 2016 earnings on Friday, January 13, 2017, at 5 a.m. PT (8 a.m. ET). The news release will be available at https://www.wellsfargo.com/about/investor-rel...-earnings/.
WFC: 48.34 (-0.80)
CBL Closes Long-Term Fixed-Rate Loan Secured by Fremaux Town Center
BusinessWire - Fri Jun 10, 9:50AM CDT
CBL & Associates Properties, Inc. (NYSE: CBL) today announced that it closed on a non-recourse $73.0 million loan secured by Fremaux Town Center in Slidell, LA. The 10-year loan bears a fixed interest rate of 3.70%. Wells Fargo served as the lender. Proceeds from the loan were used to retire two existing construction loans with an aggregate balance of $73.0 million.
CBL: 10.29 (-0.08), WFC: 48.34 (-0.80)
Wells Fargo (WFC) Crosses Pivot Point Support at $48.77
Comtex SmarTrend(R) - Fri Jun 10, 9:12AM CDT
Wells Fargo (NYSE:WFC) has opened bearishly below the pivot of $49.22 today and has reached the first level of support at $48.77. Analysts will be watching for a cross of the next downside pivot targets of $48.39 and $47.56.
WFC: 48.34 (-0.80)
Stock Market News for June 10, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:10AM CDT
Stronger dollar resulted in a decline in oil prices which led the benchmarks to close in the red on Thursday
RH: 26.56 (-1.85), NUE: 50.50 (-0.05), VMC: 115.49 (-1.34), FCX: 10.36 (-0.54), C: 43.90 (-1.11), HAL: 44.38 (-1.12), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), BAC: 13.83 (-0.36), WFC: 48.34 (-0.80), SLB: 78.53 (-1.43), LYB: 80.47 (+0.55), PXD: 159.55 (-4.65), GS: 149.89 (-3.28), JPM: 63.84 (-0.91), TSO: 77.21 (-1.54), CVX: 101.98 (-0.83)
Wells Fargo Third Quarter 2016 Earnings Information
BusinessWire - Thu Jun 09, 8:24PM CDT
Wells Fargo & Company (NYSE:WFC) is scheduled to announce its third quarter 2016 earnings on Friday, October 14, 2016, at 5 a.m. PT (8 a.m. ET). The news release will be available at https://www.wellsfargo.com/about/investor-rel...-earnings/.
WFC: 48.34 (-0.80)
Centene Corporation Announces Pricing Of Notes
PR Newswire - Thu Jun 09, 4:23PM CDT
Centene Corporation (NYSE: CNC) ("Centene" or the "Company"
CNC: 67.92 (-0.44), WFC: 48.34 (-0.80), MS: 25.54 (-0.54)
ADDING MULTIMEDIA Wells Fargo Promotes Gene Peterson to Lead Food & Agribusiness Division
BusinessWire - Thu Jun 09, 3:34PM CDT
Wells Fargo (NYSE:WFC), the nation's No. 1 commercial agriculture lender, has named Gene Peterson head of its National Food and Agribusiness Division. He will direct the division's continuing national growth and as part of the bank's commitment to American farmers and food producers.
WFC: 48.34 (-0.80)
Markets Right Now: Stocks pull back after 3 days of gains
AP - Thu Jun 09, 3:11PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
BAC: 13.83 (-0.36), WFC: 48.34 (-0.80)
Wells Fargo Set to Possibly Rebound After Yesterday's Selloff of 1.97%
Comtex SmarTrend(R) - Thu Jun 09, 11:49AM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $48.85 to a high of $49.68. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $49.74 on volume of 9.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WFC: 48.34 (-0.80)
Phillips Edison Grocery Center REIT II, Inc. Enters into $370 Million Term Loan Facility
BusinessWire - Thu Jun 09, 10:33AM CDT
Phillips Edison Grocery Center REIT II, Inc. (the "Company"
WFC: 48.34 (-0.80)
Wells Fargo Promotes Gene Peterson to Lead Food & Agribusiness Division
BusinessWire - Thu Jun 09, 8:00AM CDT
Wells Fargo (NYSE:WFC), the nation's No. 1 commercial agriculture lender, has named Gene Peterson head of its National Food and Agribusiness Division. He will direct the division's continuing national growth and as part of the bank's commitment to American farmers and food producers.
WFC: 48.34 (-0.80)
NYSE Governance Services Announces 2016 Leadership Award Winners
BusinessWire - Thu Jun 09, 7:30AM CDT
NYSE Governance Services, a subsidiary of New York Stock Exchange (NYSE: ICE), today announced the winners and finalists of its 3rd annual Governance, Risk, and Compliance Leadership Awards. The awards program recognizes exemplary leaders in governance, risk and compliance.
SPLS: 8.71 (-0.04), LMT: 240.58 (-0.09), GE: 30.04 (-0.20), F: 13.10 (-0.16), RF: 9.52 (-0.18), NKE: 55.11 (+0.17), WMT: 71.14 (+0.05), SRE: 109.27 (-0.73), PEP: 103.31 (-0.35), JLL: 119.90 (-2.40), AAWW: 46.02 (-0.80), AGR: 43.60 (+0.22), ANF: 18.75 (+0.11), BANC: 19.90 (-0.22), AJG: 48.03 (-0.33), MA: 95.21 (-1.81), CMS: 43.31 (-0.08), FEYE: 15.81 (-0.77), INGR: 122.54 (-0.51), ETH: 32.36 (-0.44), ICE: 261.29 (-1.23), AHS: 39.97 (-1.01), EGBN: 50.89 (-0.17), INOV: 17.66 (-0.81), WFC: 48.34 (-0.80), GSK: 40.93 (-1.13), HPQ: 13.50 (-0.34), ORCL: 38.74 (-0.31), DRI: 67.81 (-0.52), MSEX: 39.30 (+0.35), GILD: 84.45 (-1.32), CVS: 96.67 (-0.32), TAHO: 13.51 (-0.24), OSK: 45.56 (-1.14)
Valero Energy Corporation to Attend Wells Fargo West Coast Energy Conference
GlobeNewswire - Wed Jun 08, 2:32PM CDT
Valero Energy Corporation (NYSE:VLO) today announced that Joe Gorder, Chairman, President, and Chief Executive Officer of Valero Energy Corporation will attend the Wells Fargo West Coast Energy Conference on June 22, 2016.
VLO: 53.43 (-0.38), VLP: 44.45 (-0.16), WFC: 48.34 (-0.80)
Flexion Therapeutics Announces Pricing of Public Offering of Common Stock
GlobeNewswire - Wed Jun 08, 8:00AM CDT
Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced the pricing of an underwritten public offering of 5,500,000 shares of its common stock at a price to the public of $14.00 per share. The gross proceeds from this offering are expected to be approximately $77.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Flexion. The offering is expected to close on or about June 13, 2016, subject to customary closing conditions. Flexion has also granted the underwriters a 30-day option to purchase up to 825,000 additional shares of its common stock at the public offering price, less the underwriting discounts and commissions.
FLXN: 13.83 (-0.20), WFC: 48.34 (-0.80)
Singapore Payments Companies Selected for Wells Fargo Startup Accelerator
BusinessWire - Wed Jun 08, 6:55AM CDT
Wells Fargo (NYSE: WFC) announced today that it has selected two early stage payments companies -- Alpha Payments Cloud and Jewel Paymentech -- for investments of up to $500,000 for the spring 2016 class of the Wells Fargo Startup Accelerator, a non-exclusive, six-month, semiannual program where Wells Fargo mentors and helps startups refine their potential breakthrough technologies for financial services and other applications. Wells Fargo business and technology leaders will work closely with the incoming accelerator participants to test their concepts for merchants and guide them through the process of bringing their ideas to market. Wells Fargo is now accepting applications worldwide through June 26 for its fall 2016 class at https://accelerator.wellsfargo.com.
WFC: 48.34 (-0.80)
Flexion Therapeutics Announces Proposed Public Offering of Common Stock
GlobeNewswire - Tue Jun 07, 3:05PM CDT
Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced that it has commenced an underwritten public offering, subject to market and other conditions, to issue and sell approximately $60.0 million of shares of its common stock. Flexion also expects to grant the underwriters a 30-day option to purchase up to $9.0 million of additional shares of its common stock in the public offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
FLXN: 13.83 (-0.20), WFC: 48.34 (-0.80)
WegoWise Announces Leadership Transition
PR Newswire - Tue Jun 07, 9:56AM CDT
WegoWise, the leader in energy benchmarking, has announced that veteran tech executive Laila Partridge will become WegoWise's new Chief Executive Officer. Partridge is a Fortune 100-trained executive with 30 years of experience in corporate and entrepreneurial settings. She has held executive roles in large companies like Intel and Wells Fargo, and has co-founded technology, health, and workplace start-ups. She comes to WegoWise as it transitions from a start-up company to an industry leader.
WFC: 48.34 (-0.80)