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Thursday 24 September 2015
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Active Movers - Wells Fargo & Company (NYSE:WFC), Sprint Corporation (NYSE:S), MetLife, Inc. (NYSE:MET)

On Friday, Shares of Wells Fargo & Company (NYSE:WFC), lost -2.17% to $51.29.

Wells Fargo Real Estate Investment Corporation (NYSE: WFE Pr A) declared that its board of directors has declared a quarterly dividend on its 6.375% cumulative perpetual preferred stock, Series A. The dividend is equal to $0.3984375 per share of Series A preferred stock.

The dividend is payable on Sept. 30, 2015, to holders of record as of the close of business on Sept. 15, 2015. Wells Fargo Real Estate Investment Corporation is an indirect partner of Wells Fargo & Company and is qualified as a real estate investment trust for federal income tax purposes.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.

Shares of Sprint Corporation (NYSE:S), declined -1.98% to $4.95, during its last trading session.

Mayor Rahm Emanuel and Sprint (NYSE:S) declared an expansion of Sprint® for Chicago, which will add more than 750 new jobs to neighborhoods throughout Chicago and an predictable investment of nearly $150 million by the end of 2016. Today’s declaration builds on the 300 new jobs that Mayor Emanuel and Sprint declared in March 2015 when launching the Sprint® for Chicago initiative, which is dedicated to improving customer service and simplifying the brand experience. In total, Sprint anticipates to add more than 1,000 new jobs in Chicago by the end of 2016.

“Sprint is doubling down on its commitment to Chicago by adding over one thousand jobs to our city’s economy and further investing in the infrastructure that is bringing both the jobs and the technology to power Chicago’s neighborhoods and communities for the 21st century,” said Mayor Emanuel.

The additional 750 jobs comprise new retail positions to serve more customers, wireless experts for Sprint’s Direct 2 You program, and network technicians and engineers.

Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.

Finally, MetLife, Inc. (NYSE:MET), ended its last trade with -2.25% loss, and closed at $47.86.

MetLife Solutions Group (MLSG), the complete financial solutions provider for individuals, families, employees, and business owners, declared that the firm will commemorate the opening of its new headquarters in the Iselin section of Woodbridge Township with a ribbon-cutting ceremony on September 10, 2015 from 4:00 – 7:30 PM. The opening of the MetroPark hub is a milestone for MetLife Solutions Group, an office of MetLife and a part of the MetLife Premier Client Group, and follows the strong growth the firm has practiced recently after implementing a planned focus on team development and serving specific members of the local community.

The consolidation of separate offices into one centralized hub was driven by demand from the Baby Boomer population of Central New Jersey, the ability to provide more career options for women after seeing them thrive in the MLSG environment, and greater opportunity to match the diverse communities the firm serves.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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