Benchmark Monitor
Wells Fargo & Company (NYSE:WFC)released new information about building its Strategic Execution and Operations Office a move in response to regulatory backlash following multiple scandals at the San Francisco-based bank. The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider […]
Wells Fargo & Company (NYSE:WFC) says it’s spent hundreds of millions of dollars on housing affordability initiatives in Minnesota over the last decade. Between 2009 and 2018, the bank has invested nearly $800 million in various Minnesota housing causes, according to a news release issued Wednesday. Wells Fargo & Company (NYSE:WFC), a Financial sector firm, traded […]
Oracle Corporation (NYSE:ORCL)’s shift from doing a major release of standard Java every three years to doing releases every six months, a plan announced in September 2017, has resulted in versions with far fewer new capabilities than before. And that are perhaps far less interesting. Java Development Kit (JDK) 13, due in September, has just […]
Pfizer Inc. (NYSE:PFE) said the U.S. Food and Drug Administration has approved its oncology biosimilar Zirabev for the treatment of five types of cancer. The FDA has approved the drug to treat metastatic colorectal cancer, unresectable, locally advanced, recurrent or metastatic non-squamous non-small cell lung cancer, recurrent glioblastoma, metastatic renal cell carcinoma, and persistent, recurrent […]
The North Carolina High School Athletic Association (NCHSAA), in conjunction with Wells Fargo & Company (NYSE:WFC) has announced the final standings in the Wells Fargo Conference Cup competitions for the 2018-2019 sports season. The Wells Fargo Cup award, sponsored by Wells Fargo and the NCHSAA, recognizes the schools that achieve the best overall interscholastic athletic […]
Wells Fargo & Company (NYSE:WFC) has announced leadership transitions for its renewable energy and environmental finance business, which is part of the company’s commercial capital business. Barry Neal will retire July 1, and Philip Hopkins will assume sole leadership of the renewable energy and environmental finance business. For more than a decade, Neal and Hopkins have […]
Microsoft Corporation (NASDAQ:MSFT) announced a gift worth $1.5 million to the Connected Systems Institute, which is based at UW-Milwaukee. The institute is a statewide collaboration among academia, industry and state government that helps industry optimize data and improve manufacturing automation. Microsoft President Brad Smith announced the details of the donation at a news briefing Monday […]
Wells Fargo & Company (NYSE:WFC) projected it would experience an overall $17 billion revenue loss if the U.S. economy were to go through a severe downturn during a 2½-year period ending March 31, 2021. Wells Fargo is among 35 bank holding companies required by the Federal Reserve to do stress-test assessments twice annually. The banks represent […]