Fitch to Rate Wells Fargo Commercial Mortgage P-T Certificates, Ser 2016-C35; Presale Issued
BusinessWire - Tue Jul 12, 11:29AM CDT
Fitch Ratings has issued a presale report on the Wells Fargo Bank N.A. Commercial Mortgage Pass Through Securities, Series 2016-C35. Fitch expects to rate the transaction and assign Rating Outlooks as follows:
WFC: 48.35 (+0.27)
LGBT Americans Optimistic About Planning for Future, Says Wells Fargo Survey
BusinessWire - Tue Jul 12, 11:03AM CDT
One year after the federal ruling in favor of marriage equality, same-sex couples report experiencing a positive shift in their overall quality of life. According to a new survey from Wells Fargo & Company (NYSE: WFC) of Lesbian, Gay, Bisexual and Transgender (LGBT) Americans, 75% feel marriage makes them more confident in planning for their future. More than half surveyed (67%) say marriage made their relationship better, and 62% believe it will improve their financial future.
WFC: 48.35 (+0.27)
Stock Market News for July 12, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:10AM CDT
Benchmarks started the week in positive territory following continuing positive impact of Friday’s encouraging job data on investor sentiment
MMM: 179.16 (+1.15), GS: 156.92 (+4.73), JPM: 63.20 (+0.93), IBM: 157.04 (+1.71), FB: 117.93 (+0.06), UTX: 104.50 (+0.54), C: 43.44 (+1.15), GOOGL: 732.51 (+5.31), WFC: 48.35 (+0.27), BAC: 13.54 (+0.33), AAPL: 97.42 (+0.44)
Watch for Shares of Wells Fargo (WFC) to Approach Resistance at $48.67
Comtex SmarTrend(R) - Tue Jul 12, 9:08AM CDT
Shares of Wells Fargo (NYSE:WFC) have bullishly opened above the pivot of $48.16 today and have reached the first resistance level of $48.37. Should the shares continue to rise, the resistance pivots of $48.67 and $49.18 will be of interest.
WFC: 48.35 (+0.27)
Welcome to Q2 Earnings Season
Mark Vickery - Zacks Investment Research - Tue Jul 12, 9:00AM CDT
We have now entered into the ramp-up to a plethora of earnings reports that will turn into a deluge in a couple weeks.
AA: 10.69 (+0.55), FAST: 43.79 (-1.57), JPM: 63.20 (+0.93), C: 43.44 (+1.15), WFC: 48.35 (+0.27), CSX: 27.02 (+0.35), YUM: 86.23 (-0.21)
5 Stocks to Watch this Week 7/11 - YUM, DAL, JPM, WFC, C
ESTMZ - Tue Jul 12, 8:00AM CDT
Wednesday, July 13 Thursday, July 14 Friday, July 15 Yum! Brands ( YUM ) Consumer Discretionary - Hotels, Restaurants & Leisure | Reports July 13, after the close. The Estimize consensus is looking for earnings...
SPY: 214.95 (+1.55), JPM: 63.20 (+0.93), DAL: 40.21 (+2.09), C: 43.44 (+1.15), WFC: 48.35 (+0.27), YUM: 86.23 (-0.21)
Get Ready to Play Q2 Earnings Season
Mark Vickery - Zacks Investment Research - Mon Jul 11, 9:08AM CDT
With Q2 results reporting after the bell today, Alcoa (AA) will once again unofficially ring in a new earnings season.
AA: 10.69 (+0.55), JPM: 63.20 (+0.93), C: 43.44 (+1.15), WFC: 48.35 (+0.27)
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and PNC Financial Services Group
JPM: 63.20 (+0.93), C: 43.44 (+1.15), WFC: 48.35 (+0.27), BAC: 13.54 (+0.33), PNC: 82.34 (+1.28)
Previewing the Q2 Earnings Season
Sheraz Mian - Zacks Investment Research - Fri Jul 08, 3:52PM CDT
Previewing the Q2 Earnings Season
AA: 10.69 (+0.55), FAST: 43.79 (-1.57), GE: 32.26 (+0.05), AES: 12.48 (-0.07), JPM: 63.20 (+0.93), C: 43.44 (+1.15), WFC: 48.35 (+0.27), CSX: 27.02 (+0.35), AAPL: 97.42 (+0.44)
Bank Stock Roundup: Brexit Concerns Persist; JPMorgan & Citigroup in Focus
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 3:15PM CDT
Though investors' confidence received a boost with most banks getting the 2016 capital plan approval, concerns over Brexit continued to weigh on the stocks.
JPM: 63.20 (+0.93), USB: 40.67 (+0.37), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), PNC: 82.34 (+1.28), OZRK: 40.22 (+1.01)
Downgrade Alert for Wells Fargo (WFC)
Comtex SmarTrend(R) - Fri Jul 08, 3:16AM CDT
Wells Fargo (NYSE:WFC) was downgraded from Outperform to Market Perform at Raymond James today. The stock closed yesterday at $46.80 on volume of 17.9 million shares, below average daily volume of 18.0 million. Wells Fargo share prices have moved between a 52-week high of $58.76 and a 52-week low of $44.50 and closed yesterday at 5% above that low price at $46.80 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.3%.
WFC: 48.35 (+0.27)
Federal Realty Investment Trust Prices $250 Million 2046 Senior Unsecured Notes
PR Newswire - Thu Jul 07, 5:43PM CDT
Federal Realty Investment Trust (NYSE: FRT) today announced the pricing of its public offering of $250 million aggregate principal amount of 3.625% senior unsecured notes due August 1, 2046. The notes were offered at 97.756% of the principal amount with a yield to maturity of 3.750%. Interest on the notes will be payable on February 1 and August 1 of each year, beginning February 1, 2017. The offering is expected to close on July 12, 2016, subject to customary closing conditions.
DB: 14.10 (+0.80), FRT: 166.75 (-1.42), WFC: 48.35 (+0.27)
Ares Commercial Real Estate Corporation Increases and Extends Borrowing Capacity
BusinessWire - Thu Jul 07, 3:30PM CDT
--Increased Size, Renewed Terms and Closed New Financings Totaling More Than $850 Million Over the Past Twelve Months
ARES: 15.19 (-0.23), WFC: 48.35 (+0.27), ACRE: 12.65 (+0.06)
Regency Centers Amends its Unsecured Term Loan Facility
BusinessWire - Thu Jul 07, 3:15PM CDT
Regency Centers Corporation ("Regency" or the "Company"
REG: 81.68 (-2.48), WFC: 48.35 (+0.27)
Ship Comes In For Courtyard Philadelphia South At The Navy Yard: Hotel Earns TripAdvisor Honor
PR Newswire - Thu Jul 07, 7:05AM CDT
Professional and welcoming staff. Close to Wells Fargo Center and The Navy Yard. Quiet, modern rooms. Comfortable and nice-looking common spaces. Good parking.
WFC: 48.35 (+0.27)