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Stock Market & Financial Investment News

News Breaks
January 24, 2014
06:07 EDTWEXWEX Inc. pullback provides good entry point, says William Blair
William Blair believes the recent pullback in shares of WEX Inc. provides a good entry point into the name. The firm expects WEX to report solid Q4 results on February 5 and keeps an Outperform rating on the stock.
News For WEX From The Last 14 Days
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July 17, 2014
07:31 EDTWEXWEX signs definitive purchase agreement regarding Exxon's Esso Card program
WEX Inc. (WEX) announced the execution of the definitive purchase and sale agreement relating to the previously announced proposed acquisition of ExxonMobil’s (XOM) European commercial fuel card, or Esso Card, program through a majority owned joint venture, WEX Europe Services Limited. In addition, all necessary regulatory approvals have been received and the employee information and consultation processes have been cleared. The transaction is on track and is expected to close in late 2014 or early 2015. “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and CEO.
July 15, 2014
07:30 EDTWEXWEX Inc. signs prepaid fuel card processing agreement with Shell
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