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Stock Market & Financial Investment News

News Breaks
January 9, 2013
11:26 EDTWFCWells Fargo: Processing issue delays payment to NM UIDC
Wells Fargo & Company announced that a processing issue occurred with an automated clearing house transaction associated with the New Mexico Unemployment Insurance Debit Card on Monday, January 7. As a result, debit cardholders experienced a delay in fund availability. Approximately half of eligible benefit recipients that hold the New Mexico Unemployment Insurance Debit Cards receive weekly funds at 5 a.m. MST every Monday; the remaining recipients receive funds at 5 a.m. MST every Tuesday. The processing issue delayed payment to all card holders until Tuesday, January 8, at 10:30 a.m. MST. The processing issue has been addressed, and the issue has been resolved. Any fees charged to debit card holders as a direct result of the delay of payment will be refunded.
News For WFC From The Last 14 Days
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July 1, 2015
10:38 EDTWFCWells Fargo July volatility flat into Q2 and outlook
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07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link

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