On Tuesday, Shares of Wells Fargo & Company (NYSE:WFC), gained 0.90% to $57.25.
Wells Fargo & Company, Commercial Banking’s National Food and Agribusiness has expanded its Philadelphia-based team to better serve the Northeast – the nation’s fifth-largest agriculture production market. The bank has tapped company veteran Michael Shea as a new relationship manager to serve growers, processors, and distributors in 12 states from Maryland to Maine.
Strong growth in the poultry sector is among the leading factors in Wells Fargo’s decision to expand its National Food and Agribusiness Division in the Northeast, according to James Trankle, region head for Northeast U.S. and Eastern Canada Food and Agribusiness. Pennsylvania poultry companies have benefitted from higher demand for all-natural and organic poultry. Meanwhile, Pennsylvania egg producers have benefited by taking up the slack from lower production in the Midwest, hard-hit by avian flu.
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 MiMedx Group, Inc. (NASDAQ:MDXG), inclined 5.28% to $12.75, during its last trading session, hitting its highest level.
MiMedx Group, declared that its results for the second quarter ended June 30, 2015, will be released before the opening of the market on Thursday, July 30, 2015. MiMedx will host a live broadcast of its second quarter conference call on Thursday, July 30, 2015 at 10:30 a.m. EDT.
MiMedx Group, Inc. develops, processes, and markets patent protected regenerative biomaterial products and bioimplants processed from human amniotic membrane. Its biomaterial platform technologies are AmnioFix, EpiFix, and CollaFix.
Finally, Northern Trust Corporation (NASDAQ:NTRS), ended its last trade with 0.10% gain, and closed at $77.24.
WellSpan Health has selected Northern Trust to serve as global custodian for its $1.6 billion in assets. Northern Trust will deliver additional services counting foreign exchange, alternative asset administration, pooled accounting and performance reporting.
WellSpan Health is a large, integrated healthcare network serving south-central Pennsylvania. With more than 11,000 employees, a system of four hospitals and more than 90 patient care locations offering diagnostic imaging, laboratory, rehabilitation, primary care, retail and pharmacy services in addition to walk-in health care, WellSpan Health provides medical care to a wide range of patients.
Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset administration, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Administration.
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