Wells Fargo & Company (WFC) 45.71 $WFC
Wells Fargo Closed-End Funds Declare Monthly Dividends
BusinessWire - Fri Jun 24, 6:01PM CDT
The Wells Fargo Income Opportunities Fund (NYSE MKT: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE MKT: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE MKT: ERH) have each announced a dividend declaration.
ERH: 13.00 (-0.04), WFC: 45.71 (-2.20), EAD: 7.81 (-0.13), ERC: 12.65 (-0.03)
Banks Show Second Straight Win in Fed Stress Test
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 3:35PM CDT
The Federal Reserve released the DFAST 2016 results, which reflected the continued stability in the banking system despite the Fed's harsher hypothetical "severely adverse" scenario this time.
GS: 141.86 (-10.80), HBAN: 8.61 (-0.82), JPM: 59.60 (-4.45), C: 40.30 (-4.16), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), BK: 37.99 (-3.55), MS: 24.52 (-2.77)
New Stock Research Reports for June 24, 2016
Sheraz Mian - Zacks Investment Research - Fri Jun 24, 1:09PM CDT
New Stock Research Reports for June 24, 2016
KO: 43.93 (-1.15), JNJ: 115.63 (-1.75), GE: 29.82 (-1.37), V: 75.05 (-3.18), WFC: 45.71 (-2.20), CRM: 78.46 (-3.82)
Bank Stock Roundup: Positive Stress Test Results, Brexit Makes Headlines; BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 11:10AM CDT
Over the last five trading days, the major banks showed a bullish trend. Investors' confidence received a boost with the banks clearing the annual regulatory stress test successfully.
AXP: 60.06 (-3.19), JPM: 59.60 (-4.45), C: 40.30 (-4.16), COST: 155.56 (-1.47), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), PNC: 81.08 (-5.59)
Stock Market News for June 24, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 9:10AM CDT
Benchmarks ended higher on Thursday, with the Dow posting its biggest gain since March as the latest poll showed support for the U.K
JPM: 59.60 (-4.45), C: 40.30 (-4.16), EOG: 81.06 (-3.44), XOM: 89.39 (-2.41), COP: 43.17 (-2.46), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), CVX: 101.90 (-2.54), BRK.B: 139.71 (-6.27)
Business Highlights
By The Associated Press - AP - Thu Jun 23, 5:11PM CDT
_____
JPM: 59.60 (-4.45), C: 40.30 (-4.16), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), BA: 126.52 (-7.03)
BofA Nears Accord with SEC Over Client Accounts Case
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 4:59PM CDT
Per a Wall Street Journal report, Bank of America (BAC) may shell out $400 to $450 million to settle allegations related to breach of rules designed to protect client accounts.
GS: 141.86 (-10.80), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), UBS: 13.95 (-2.15)
Nation's largest banks all pass Fed's 'stress tests'
By KEN SWEET - AP - Thu Jun 23, 4:36PM CDT
NEW YORK (AP) — The largest U.S. financial institutions have enough armor to withstand the turmoil of a major and prolonged national and global recession, the Federal Reserve said Thursday.
JPM: 59.60 (-4.45), C: 40.30 (-4.16), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), MS: 24.52 (-2.77)
Wells Fargo Releases Stress Test Results Under Dodd-Frank Act
BusinessWire - Thu Jun 23, 3:52PM CDT
Wells Fargo & Company (NYSE:WFC) today released the results of its company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA).
WFC: 45.71 (-2.20)
Mobilitie CEO, Gary Jabara, Talks Small Cell Market Momentum at 2016 Wells Fargo Convergence & Connectivity Symposium
PR Newswire - Wed Jun 22, 9:20PM CDT
Gary Jabara, CEO of Mobilitie, the largest privately-held wireless infrastructure provider in the United States, presented at the 2016 Wells Fargo Convergence & Connectivity Symposium moderated by Jennifer Fritzsche of Wells Fargo Securities.
WFC: 45.71 (-2.20)
Wells Fargo (WFC) Crosses Pivot Point Resistance at $47.46
Comtex SmarTrend(R) - Wed Jun 22, 9:25AM CDT
Shares of Wells Fargo (NYSE:WFC) opened today above their pivot of $47.11 and have already reached the first level of resistance at $47.46. Investors may be interested in a cross of the next upside pivot targets of $47.68 and $48.25.
WFC: 45.71 (-2.20)
BofA's Instinct Loans Aims to Transfer Leveraged Loans
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 2:49PM CDT
Bank of America (BAC) sought to reallocate certain leveraged loans to electronic exchange through its new electronic loan trading platform.
GS: 141.86 (-10.80), JPM: 59.60 (-4.45), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20)
MEDIA ADVISORY: Democratic National Convention Staff Officially Moves Into Wells Fargo Center
PR Newswire - Tue Jun 21, 7:36AM CDT
On Wednesday, June 22nd, Democratic National Convention CEO Rev. Leah D. Daughtry will join key vendor partners to mark the official move-in of convention staff to the Wells Fargo Center. Rev. Daughtry will share convention updates and take questions from the media. She will be joined by Wells Fargo Complex President John Page, Carla Hargrove McGill, president of the convention's General Event Contractor, Hargrove Inc., and Angelo Perryman, whose local construction services firm is handling construction management.
WFC: 45.71 (-2.20)
Asian stocks rise amid hopes Britain will stay in EU
By JOE McDONALD - AP - Mon Jun 20, 9:59PM CDT
BEIJING (AP) — Asian stocks edged higher Tuesday on optimism Britain will vote to stay in the European Union but gains slowed as investors awaited an economic report by the head of the U.S. Federal Reserve.
FDX: 150.57 (-7.32), GE: 29.82 (-1.37), HON: 112.98 (-4.34), DIS: 95.72 (-3.30), WMT: 71.96 (-0.14), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), BA: 126.52 (-7.03), NTRS: 65.50 (-6.04), JPM: 59.60 (-4.45), EBAY: 23.13 (-1.72), MRO: 14.59 (-0.68), CVX: 101.90 (-2.54)
FedEx and JD.com gain ground, Duke Energy and Newmont fall
AP - Mon Jun 20, 3:50PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
FDX: 150.57 (-7.32), AMZN: 698.96 (-23.12), GE: 29.82 (-1.37), DUK: 82.43 (+0.38), NEM: 37.19 (+1.80), EOG: 81.06 (-3.44), WFC: 45.71 (-2.20)
Western Refining to Participate in the 2016 Wells Fargo West Coast Energy Conference
GlobeNewswire - Mon Jun 20, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the 2016 Wells Fargo West Coast Energy Conference in San Francisco, California on Tuesday, June 21, 2016. The presentation will be available on the Investor Relations section of Western Refining's website at www.wnr.com beginning June 21, 2016, and will remain available in accordance with the Company's investor presentation archive policy.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93), WFC: 45.71 (-2.20)
AK Steel Announces Closing of $380 Million 7.50% Senior Secured Notes Due 2023 and Final Results of Cash Tender Offer for Its 8.750% Senior Secured Notes Due 2018
Marketwire Canada - Mon Jun 20, 3:35PM CDT
WEST CHESTER, OH--(Marketwired - Jun 20, 2016) - AK Steel Holding Corporation (NYSE: AKS) announced today the successful closing of the registered offering (the "Secured Notes Offering"
by its subsidiary, AK Steel Corporation ("AK Steel", of $380.0 million aggregate principal amount of 7.50% senior secured notes due 2023 (the "New Notes" and of the previously announced tender offer (the "Tender Offer" for AK Steel's 8.750% senior secured notes due 2018 (the "Old Notes". The Tender Offer expired as of 5:00 p.m., New York City time, on June 17, 2016 (the "Expiration Time". Holders validly tendered $251,443,000 in aggregate principal amount of the Old Notes prior to the Expiration Time at an aggregate purchase price equal to $1,047.50 per $1,000 principal amount of Old Notes tendered, plus accrued and unpaid interest. AK Steel has accepted for purchase all Old Notes that were validly tendered prior to the Expiration Time. Today AK Steel also issued a notice of redemption stating that it will redeem any and all of its outstanding Old Notes on July 20, 2016 (the "Redemption Date", as described below.
JPM: 59.60 (-4.45), AKS: 4.40 (-0.47), WFC: 45.71 (-2.20)
Markets Right Now: Stocks surge as banks make big gains
AP - Mon Jun 20, 3:09PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
JPM: 59.60 (-4.45), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20)
Wells Fargo Closed-End Funds Declare Monthly Dividends
BusinessWire - Fri Jun 24, 6:01PM CDT
The Wells Fargo Income Opportunities Fund (NYSE MKT: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE MKT: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE MKT: ERH) have each announced a dividend declaration.
ERH: 13.00 (-0.04), WFC: 45.71 (-2.20), EAD: 7.81 (-0.13), ERC: 12.65 (-0.03)
Banks Show Second Straight Win in Fed Stress Test
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 3:35PM CDT
The Federal Reserve released the DFAST 2016 results, which reflected the continued stability in the banking system despite the Fed's harsher hypothetical "severely adverse" scenario this time.
GS: 141.86 (-10.80), HBAN: 8.61 (-0.82), JPM: 59.60 (-4.45), C: 40.30 (-4.16), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), BK: 37.99 (-3.55), MS: 24.52 (-2.77)
New Stock Research Reports for June 24, 2016
Sheraz Mian - Zacks Investment Research - Fri Jun 24, 1:09PM CDT
New Stock Research Reports for June 24, 2016
KO: 43.93 (-1.15), JNJ: 115.63 (-1.75), GE: 29.82 (-1.37), V: 75.05 (-3.18), WFC: 45.71 (-2.20), CRM: 78.46 (-3.82)
Bank Stock Roundup: Positive Stress Test Results, Brexit Makes Headlines; BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 11:10AM CDT
Over the last five trading days, the major banks showed a bullish trend. Investors' confidence received a boost with the banks clearing the annual regulatory stress test successfully.
AXP: 60.06 (-3.19), JPM: 59.60 (-4.45), C: 40.30 (-4.16), COST: 155.56 (-1.47), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), PNC: 81.08 (-5.59)
Stock Market News for June 24, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 9:10AM CDT
Benchmarks ended higher on Thursday, with the Dow posting its biggest gain since March as the latest poll showed support for the U.K
JPM: 59.60 (-4.45), C: 40.30 (-4.16), EOG: 81.06 (-3.44), XOM: 89.39 (-2.41), COP: 43.17 (-2.46), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), CVX: 101.90 (-2.54), BRK.B: 139.71 (-6.27)
Business Highlights
By The Associated Press - AP - Thu Jun 23, 5:11PM CDT
_____
JPM: 59.60 (-4.45), C: 40.30 (-4.16), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), BA: 126.52 (-7.03)
BofA Nears Accord with SEC Over Client Accounts Case
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 4:59PM CDT
Per a Wall Street Journal report, Bank of America (BAC) may shell out $400 to $450 million to settle allegations related to breach of rules designed to protect client accounts.
GS: 141.86 (-10.80), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20), UBS: 13.95 (-2.15)
Nation's largest banks all pass Fed's 'stress tests'
By KEN SWEET - AP - Thu Jun 23, 4:36PM CDT
NEW YORK (AP) — The largest U.S. financial institutions have enough armor to withstand the turmoil of a major and prolonged national and global recession, the Federal Reserve said Thursday.
JPM: 59.60 (-4.45), C: 40.30 (-4.16), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), MS: 24.52 (-2.77)
Wells Fargo Releases Stress Test Results Under Dodd-Frank Act
BusinessWire - Thu Jun 23, 3:52PM CDT
Wells Fargo & Company (NYSE:WFC) today released the results of its company-run stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA).
WFC: 45.71 (-2.20)
Mobilitie CEO, Gary Jabara, Talks Small Cell Market Momentum at 2016 Wells Fargo Convergence & Connectivity Symposium
PR Newswire - Wed Jun 22, 9:20PM CDT
Gary Jabara, CEO of Mobilitie, the largest privately-held wireless infrastructure provider in the United States, presented at the 2016 Wells Fargo Convergence & Connectivity Symposium moderated by Jennifer Fritzsche of Wells Fargo Securities.
WFC: 45.71 (-2.20)
Wells Fargo (WFC) Crosses Pivot Point Resistance at $47.46
Comtex SmarTrend(R) - Wed Jun 22, 9:25AM CDT
Shares of Wells Fargo (NYSE:WFC) opened today above their pivot of $47.11 and have already reached the first level of resistance at $47.46. Investors may be interested in a cross of the next upside pivot targets of $47.68 and $48.25.
WFC: 45.71 (-2.20)
BofA's Instinct Loans Aims to Transfer Leveraged Loans
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 2:49PM CDT
Bank of America (BAC) sought to reallocate certain leveraged loans to electronic exchange through its new electronic loan trading platform.
GS: 141.86 (-10.80), JPM: 59.60 (-4.45), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20)
MEDIA ADVISORY: Democratic National Convention Staff Officially Moves Into Wells Fargo Center
PR Newswire - Tue Jun 21, 7:36AM CDT
On Wednesday, June 22nd, Democratic National Convention CEO Rev. Leah D. Daughtry will join key vendor partners to mark the official move-in of convention staff to the Wells Fargo Center. Rev. Daughtry will share convention updates and take questions from the media. She will be joined by Wells Fargo Complex President John Page, Carla Hargrove McGill, president of the convention's General Event Contractor, Hargrove Inc., and Angelo Perryman, whose local construction services firm is handling construction management.
WFC: 45.71 (-2.20)
Asian stocks rise amid hopes Britain will stay in EU
By JOE McDONALD - AP - Mon Jun 20, 9:59PM CDT
BEIJING (AP) — Asian stocks edged higher Tuesday on optimism Britain will vote to stay in the European Union but gains slowed as investors awaited an economic report by the head of the U.S. Federal Reserve.
FDX: 150.57 (-7.32), GE: 29.82 (-1.37), HON: 112.98 (-4.34), DIS: 95.72 (-3.30), WMT: 71.96 (-0.14), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), BA: 126.52 (-7.03), NTRS: 65.50 (-6.04), JPM: 59.60 (-4.45), EBAY: 23.13 (-1.72), MRO: 14.59 (-0.68), CVX: 101.90 (-2.54)
FedEx and JD.com gain ground, Duke Energy and Newmont fall
AP - Mon Jun 20, 3:50PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
FDX: 150.57 (-7.32), AMZN: 698.96 (-23.12), GE: 29.82 (-1.37), DUK: 82.43 (+0.38), NEM: 37.19 (+1.80), EOG: 81.06 (-3.44), WFC: 45.71 (-2.20)
Western Refining to Participate in the 2016 Wells Fargo West Coast Energy Conference
GlobeNewswire - Mon Jun 20, 3:45PM CDT
Western Refining, Inc. (NYSE:WNR) today announced that Company management will participate in the 2016 Wells Fargo West Coast Energy Conference in San Francisco, California on Tuesday, June 21, 2016. The presentation will be available on the Investor Relations section of Western Refining's website at www.wnr.com beginning June 21, 2016, and will remain available in accordance with the Company's investor presentation archive policy.
WNRL: 25.25 (-0.88), NTI: 21.15 (+0.23), WNR: 19.32 (-0.93), WFC: 45.71 (-2.20)
AK Steel Announces Closing of $380 Million 7.50% Senior Secured Notes Due 2023 and Final Results of Cash Tender Offer for Its 8.750% Senior Secured Notes Due 2018
Marketwire Canada - Mon Jun 20, 3:35PM CDT
WEST CHESTER, OH--(Marketwired - Jun 20, 2016) - AK Steel Holding Corporation (NYSE: AKS) announced today the successful closing of the registered offering (the "Secured Notes Offering"
by its subsidiary, AK Steel Corporation ("AK Steel", of $380.0 million aggregate principal amount of 7.50% senior secured notes due 2023 (the "New Notes" and of the previously announced tender offer (the "Tender Offer" for AK Steel's 8.750% senior secured notes due 2018 (the "Old Notes". The Tender Offer expired as of 5:00 p.m., New York City time, on June 17, 2016 (the "Expiration Time". Holders validly tendered $251,443,000 in aggregate principal amount of the Old Notes prior to the Expiration Time at an aggregate purchase price equal to $1,047.50 per $1,000 principal amount of Old Notes tendered, plus accrued and unpaid interest. AK Steel has accepted for purchase all Old Notes that were validly tendered prior to the Expiration Time. Today AK Steel also issued a notice of redemption stating that it will redeem any and all of its outstanding Old Notes on July 20, 2016 (the "Redemption Date", as described below. JPM: 59.60 (-4.45), AKS: 4.40 (-0.47), WFC: 45.71 (-2.20)
Markets Right Now: Stocks surge as banks make big gains
AP - Mon Jun 20, 3:09PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
JPM: 59.60 (-4.45), BAC: 13.00 (-1.04), WFC: 45.71 (-2.20)
