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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:07 EDTWFC, ATNYAPI Technologies repays term loan and enters into new credit agreements
API Technologies (ATNY) has entered into a credit agreement with Guggenheim Corporate Funding that provides for a $165M term loan facility. Additionally, the company has entered into a separate agreement for a $50M revolving borrowing base credit facility with Wells Fargo (WFC) Bank, National Association, as administrative agent, upon which the company drew $29.4M at closing. Proceeds from these two facilities were used to pay in full the company’s existing credit facility, certain indebtedness in the United Kingdom, and to pay fees, costs and expenses associated with the refinancing.
News For ATNY;WFC From The Last 14 Days
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January 29, 2015
16:09 EDTATNYAPI Technologies reports Q4 EPS (2c), one estimate 0c
Reports Q4 revenue $57.8M, one estimate $57.10M.
January 26, 2015
12:49 EDTWFCFederal Reserve discloses plan to improve U.S. payment system, WSJ reports
The Federal Reserve released a plan that would improve the U.S. payment system, saying the current outlook, which covers banking, checking, credit cards and online transactions is fragmented and outdated with respect to new technologies that may harm consumers, the Wall Street Journal reports. The Federal Reserve invited banks, credit card companies and payment processors to coordinate efforts. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
07:45 EDTWFCFifth Third Bancorp to buy back $180M of stock from Wells Fargo
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January 23, 2015
07:23 EDTWFCBass does not expect large U.S. banks to break up
Publicly traded companies in the space include Bank of America (BAC), Citi (C), JPMorgan (JPM), and Wells Fargo (WFC). Kyle Bass of Hayman Capital continues speaking on CNBC.
06:42 EDTWFCU.S. banks preparing for prolonged low bond yields, Reuters says
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January 22, 2015
14:36 EDTWFCCFPB fines Wells Fargo, JPMorgan for kickback scheme
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January 16, 2015
16:36 EDTWFCMarket finishes week lower on continued oil, global growth worries
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