Wells Fargo & Co (NYSE:WFC) will pay $62.5 million to settle a lawsuit brought by a Michigan retirement plan that said the bank invested its money in securities that lost value, according to court documents. Wells Fargo & Co (NYSE:WFC) net profit margin is 45.80% and weekly performance is 1.58%. On last trading day company shares ended up $50.78. Analysts mean target price for the company is $52.41. Wells Fargo & Co (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 3.57%.
In financial stocks news, National Bank of Greece (ADR) (NYSE:NBG) shares were up 3.2% into a fourth day of positive gains after the bank reported Q1 results this week. The bank reported net earnings of $246 million, its sixth consecutive profitable quarter, according to Reuters. National Bank of Greece (ADR) (NYSE:NBG) shares advanced 5.19% in last trading session and ended the day on $3.65. NBG return on assets is 0.60%.National Bank of Greece (ADR) (NYSE:NBG) quarterly performance is -24.12%.
Graphic Packaging Holding Company (NYSE:GPK) has completed acquisition of UK-based Benson group which will create a million-dollar business in Europe. Graphic Packaging Holding Company (NYSE:GPK) shares moved up 0.83% in last trading session and was closed at $10.99, while trading in range of $10.85 – $10.99. Graphic Packaging Holding Company (NYSE:GPK) year to date (YTD) performance is 14.48%.
Less than a year after buying prostate cancer drug-developer Aragon Pharmaceuticals Inc. for $1 billion, Johnson & Johnson (NYSE:JNJ) has reached a $365 million deal to license an immunotherapy for the same disease from Aduro BioTech Inc. Johnson & Johnson (NYSE:JNJ) ended the last trading day at $101.46. Company weekly volatility is calculated as 0.80% and price to cash ratio as 9.77.Johnson & Johnson (NYSE:JNJ) showed a positive weekly performance of 0.50%.
Walt Disney Co (NYSE:DIS) $2.0 billion investment grade corporate debt offering marks the largest debt offering from the company in over two years and brings the volume of investment grade debt issued by US media & entertainment companies to $10.8 billion, a 36% decline compared to a year ago and the slowest year-to-date period for US issuance in the sector since 2009. The Walt Disney Company (NYSE:DIS) net profit margin is 14.90% and weekly performance is 2.02%. On last trading day company shares ended up $84.01. Analysts mean target price for the company is $88.29. The Walt Disney Company (NYSE:DIS) distance from 50-day simple moving average (SMA50) is 4.62%.
Walgreen Company (NYSE:WAG) has been given a consensus rating of “Hold” by the twenty-six brokerages that are currently covering the stock, Analyst Ratings Network reports. Walgreen Company (NYSE:WAG) net profit margin is 3.70% and weekly performance is 2.98%. On last trading day company shares ended up $71.91. Analysts mean target price for the company is $70.50. Walgreen Company (NYSE:WAG) distance from 50-day simple moving average (SMA50) is 7.27%.