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Wednesday 13 May 2015
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Active Stocks Alert: Wells Fargo & Company (NYSE:WFC), EMC Corporation (NYSE:EMC), Rite Aid Corporation (NYSE:RAD), Transocean (NYSE:RIG),

On Wednesday, Shares of Wells Fargo & Company (NYSE:WFC), lost -0.77% to $54.92.

Wells Fargo & Company, said that Chief Financial Officer John Shrewsberry will present at the Barclays Americas Select Franchise Conference to be held in London on Tuesday, May 19, at 9:50 a.m. UK Time (1:50 a.m. Pacific Time).

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 EMC Corporation (NYSE:EMC), declined -1.32% to $26.13, during its last trading session.

  • EMC Corporation, declares free and frictionless access to Software-Defined Storage software to assist propel IT-driven business transformations
  • EMC releases Project CoprHD (“copperhead”), the open source version of EMC ViPR Controller
  • Project CoprHD to be accessible on GitHub for community-driven development of Software-Defined Storage automation
  • EMC releases free unrestricted EMC ScaleIO software download for non-production use
  • EMC previews enterprise-grade enhancements to ScaleIO to support high-performance applications and Infrastructure-as-a-Service

EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It offers enterprise storage systems and software deployed in storage area networks (SAN), networked attached storage (NAS), unified storage combining NAS and SAN, object storage, and/or direct attached storage environments, in addition to provides a portfolio of backup products that support a range of enterprise application workloads.

At the end of Wednesday’s trade, Shares of Rite Aid Corporation (NYSE:RAD), lost -0.89% to $7.81.

Rite Aid Corporation, declared that RediClinic, one of the Company’s wholly owned auxiliaries and a leading operator of convenient care clinics, and MultiCare Health System, a leading, not-for-profit health care organization that offers a comprehensive network of services across the Puget Sound region, have formed a joint venture to expand access to healthcare services in the greater Seattle area. Through the joint venture, RediClinic and MultiCare will collaborate to operate 11 RediClinics inside select Rite Aid pharmacies. MultiCare presently operates a convenient care clinic inside the Rite Aid pharmacy located at 5700 100th Street SW in Lakewood.

Rite Aid Executive Vice President of Pharmacy Robert Thompson, RediClinic CEO Web Golinkin and MultiCare Health System President and CEO Bill Robertson will officially declare the joint venture and mark the first of 11 clinic openings with a ribbon-cutting recently at 10 a.m. PT at the Rite Aid pharmacy located at 15100 S.E. 38th Street in Bellevue, Wash.

Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.

Finally, Transocean Ltd. (NYSE:RIG), ended its last trade with 0.05% gain, and closed at $18.99.

Transocean, stated a net loss attributable to controlling interest for the three months ended March 31, 2015 of $483 million, or $1.33 per diluted share. First quarter 2015 results comprised of net unfavorable items of $881 million, $2.43 per diluted share, as follows:

  • $481 million, or $1.34 per diluted share, associated with an impairment of the Deepwater Floater asset group;
  • As formerly declared, $393 million, or $1.07 per diluted share, in impairments of assets classified as held for sale;
  • $5 million, or $0.01 per diluted share, in costs related to one-time termination benefits; and
  • $2 million, or $0.01 per diluted share, primarily associated with suspended operations and other items.

Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services.

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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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