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Stock Market & Financial Investment News

News Breaks
July 15, 2014
08:03 EDTWFC, CBSO, CBSCBS reports results of CBS Outdoor exchange offer
CBS (CBS) announced the final results of its offer to shareholders to exchange their shares of CBS Class B Common stock for up to 97M shares of CBS Outdoor Americas (CBSO) common stock that are owned by CBS. Under the terms of the offer, 2.1689 shares of CBS Outdoor common stock will be exchanged for each share of CBS Class B common stock accepted in the offer. CBS accepted 44,723,131 of the tendered shares in exchange for 97M shares of CBS Outdoor common stock owned by CBS. Because the exchange offer was oversubscribed, CBS accepted tendered shares of CBS Class B common stock on a pro rata basis in proportion to the total number of shares validly tendered and not validly withdrawn. Based on the final count by the exchange agent Wells Fargo (WFC) Bank, the final result of the exchange offer are as follows: total number of shares of CBS Class B common stock validly tendered and not validly withdrawn: 300,229,143;shares tendered that were subject to proration: 299,798,292; "Odd-lot" shares tendered that were not subject to proration: 430,851; and total number of shares of CBS Class B common stock accepted: 44,723,131.
News For CBS;CBSO;WFC From The Last 14 Days
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May 21, 2015
12:33 EDTWFCWells Fargo to add Financial Engines advice to platform, Reuters reports
Wells Fargo (WFC) plans to add Financial Engines' (FNGN) advice offering to the bank's retirement platform, according to Reuters, citing a Wells Fargo presentation. Shares of Financial Engines are up 7% following the report. Reference Link
12:30 EDTWFCWells Fargo to sign 401(k) pact with Financial Engines, Reuters reports
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May 20, 2015
08:21 EDTWFCATM data theft soars to highest rate in two decades, WSJ says
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May 18, 2015
09:46 EDTWFCMPLX enters common unit sales agreement for up to $500M
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May 15, 2015
16:32 EDTWFCBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
May 14, 2015
06:51 EDTWFCWells Fargo looking to streamline operations, Charlotte Observer says
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May 12, 2015
16:49 EDTWFCWells Fargo to pay $77M in trust fund case, St. Louis Today says
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09:14 EDTCBSApps World to hold a conference
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08:31 EDTCBSApple likely to launch TV video service this year, says Pacific Crest
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07:48 EDTWFCStandard & Poor's to hold a summit
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07:06 EDTCBSCBS management to meet with UBS
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06:41 EDTCBSTV networks touting digital, targeting technologies to marketers, NY Times says
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May 11, 2015
08:18 EDTWFCBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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06:33 EDTCBSTV networks worried amid tough competition from digital outlets, NY Times says
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May 10, 2015
18:05 EDTCBSFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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