Wells Fargo& Co (NYSE:WFC) is developing a set of mobile and analytic capabilities that it plans to offer retailers and mall operators in the second half of this year. Wells Fargo & Co (NYSE:WFC) net profit margin is 45.80% and weekly performance is -0.38%. On last trading day company shares ended up $52.04. Analysts mean target price for the company is $52.39. Wells Fargo & Co (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 4.59%.
National Bank of Greece (ADR) (NYSE:NBG) received its first state rescue in 2009, the same year Stellakis was awarded a $3.8 million bonus. Since 2010, he has earned at least 60 percent more annually in salary than the bank’s chief executive officer, according to company documents. The funds he oversees have underperformed most peers and delivered few profits, the documents show. Greek taxpayers, who own 57 percent of Athens-based National Bank after its 8.5 billion-euro ($11.5 billion) bailout last year, have no say in Stellakis’s compensation, according to two people with knowledge of the matter. Instead of being determined by the bank, it’s set by a three-person committee at NBGI Private Equity Ltd. that includes Stellakis himself, according to the company’s website. National Bank of Greece (ADR) (NYSE:NBG) shares advanced 1.84% in last trading session and ended the day on $3.88. NBG return on assets is 0.30%.National Bank of Greece (ADR) (NYSE:NBG) quarterly performance is -31.08%.
Bank of America Corp (NYSE:BAC) announced a dividend on Wednesday, June 18th, American Banking News reports. Shareholders of record on Tuesday, June 24th will be paid a dividend of 0.01 per share on Monday, June 30th. The ex-dividend date is Friday, June 20th. Bank of America Corp (NYSE:BAC) shares moved up 0.38% in last trading session and was closed at $15.65, while trading in range of $15.44 – $15.69. Bank of America Corp (NYSE:BAC) year to date (YTD) performance is 0.58%.
Citigroup Inc (NYSE:C) paid a $697 million to Wheelock & Co. for erecting a splendid office tower in Hong Kong that can house 5K employees, under one roof. The property is located in Kowloon, Hong Kong and the 512,000 square foot tower is scheduled for completion within December 2015. Citigroup Inc. (NYSE:C) ended the last trading day at $47.93. Company weekly volatility is calculated as 1.77% and price to cash ratio as 0.20.Citigroup Inc. (NYSE:C) showed a negative weekly performance of -1.80%.
On Jun 12, 2014, zacks issued an updated research report on Regions Financial Corporation (NYSE:RF). This Alabama-based bank exhibits decent fundamentals amid a competitive banking environment while its strong capital position should help it remain competitive. Regions’ solid capital position is reflected through its successful clearance of the 2014 stress test. Regions Financial Corp (NYSE:RF) net profit margin is 29.60%. On last trading day company shares ended up $10.73. Analysts mean target price for the company is $11.60. Regions Financial Corp (NYSE:RF) distance from 50-day simple moving average (SMA50) is 4.37%.