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Stock Market & Financial Investment News

News Breaks
March 7, 2013
09:10 EDTWFC, EACErickson Air-Crane receives secured credit facility commitment letter
Erickson Air-Crane (EAC) has received a binding commitment letter from a bank syndicate led by Wells Fargo (WFC) Bank for a new senior secured credit facility of up to $165.0M, consisting of a $115.0M term loan facility and a revolving credit facility of up to $50.0M. The company and the bank syndicate will need to negotiate and execute a new credit agreement and related documents, which would replace the company’s current credit agreement, also led by Wells Fargo Bank. The current credit agreement consists of a $65.0M term loan facility and a revolving credit facility of up to $67.5M which matures on June 24.
News For EAC;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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07:48 EDTWFCStandard & Poor's to hold a summit
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07:37 EDTEACOppenheimer to hold a conference
10th Annual Industrial Growth Conference is being held in New York on May 12-13 with webcasted company presentations to begin on May 12 at 8:15 am; not all company presentations may be webcasted. Webcast Link
May 11, 2015
16:20 EDTEACErickson reports Q1 EPS (71c), consensus (62c)
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08:18 EDTWFCBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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