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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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September 1, 2015
09:01 EDTWFCWells Fargo names John C. Adams as head of commercial banking
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August 31, 2015
18:54 EDTWFCRadioShack creditors sue Standard General in effort to recoup losses, WSJ says
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18:20 EDTWFCForever 21 seeks $150M loan, WSJ says
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August 28, 2015
06:21 EDTWFCWells Fargo front-runner to purchase GE's railcar unit, Bloomberg reports
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August 27, 2015
06:46 EDTWFCFed ups scrutiny of U.S. bank payment systems, WSJ reports
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06:34 EDTWFCBanks, investors may suffer from margin calls, WSJ reports
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August 25, 2015
11:12 EDTWFCNumerous analysts upgrade Bank of America amid market rebound
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August 24, 2015
18:11 EDTEACErickson secures Turkish firefighting contract
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12:26 EDTWFCAvolon Capital acquires Airbus A321-200 aircraft on lease to Vueling Airlines
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07:01 EDTWFCWells Fargo volatility at high end of range
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August 20, 2015
05:48 EDTWFCStocks with implied volatility movement; WFC XLI
Stocks with implied volatility movement; Wells Fargo (WFC) 16, Industrial Select Sector SPDR (XLI) 18 according to iVolatility.
August 18, 2015
17:35 EDTWFCWells Fargo to build additional car loan branches, Reuters says
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07:23 EDTEACBWS Financial to hold a conference
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