On Monday, Wells Fargo & Co (NYSE:WFC)’s shares inclined 1.06% to $51.58.
Wells Fargo (WFC) named five grand prize winners of its national Wells Fargo Works Project contest, which ran from May 1 – June 30. The five winning businesses, selected from a pool of 25 finalists, each will receive $25,000, a six-month mentorship from a small business professional, and tailored solutions for their business, such as checking, savings or credit products.
On May 1, small business owners across the country were invited to enter the contest by submitting a short video or essay that answered five questions addressing why they became a business owner, their mission and purpose, and their business goals and challenges. The finalists and grand prize winners were selected based on their responses, which were judged by a panel of contest judges and through public voting.
Grand Prize Winners
- Clean Supreme Inc.of Harvest, Ala., provides carpet cleaning, janitorial services, and trauma cleanup, counting bio hazards and more. Courtney Fitchard founded the company in 2002 after suffering a devastating loss in her life. In search of a new startning, she immersed herself in her business, becoming a certified bio technician and growing the company. As a grand prize winner, Fitchard said she plans to add staff, upgrade equipment and use the guidance from her professional mentorship to learn how to scale her business.
- Curiosity Lab Inc. of Secaucus, N.J.,is a science laboratory that uses a four-step approach focused on science, engineering, and math to ignite the curiosity of children, ages 2 to 15, to explore the world around them. Founder Anubha Bhatla said she wants to improve the company’s visibility by designing a kid-sized laboratory, building a strong digital marketing strategy and developing a website.
- Global Sanctuary for Elephants of Brentwood, Tenn.,is a U.S.-based nonprofit that was founded in 2013 to provide healing sanctuaries for captive elephants. Its kick-off pilot is an Elephant Care Center in Brazil that will provide spacious, natural habitats for unwanted and neglected elephants in South America. Co-founder Scott Blaise said he wants to tend to the physical ailments that elephants often suffer as a result of captivity.
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.
Starbucks Corporation (NASDAQ:SBUX)’s shares gained 1.23% to $57.54.
Starbucks launched one of its biggest fall lineups in its Canadian history, featuring more than a dozen new offerings counting the return of the iconic – and now more pumpkin-y – Starbucks® Pumpkin Spice Latte (PSL™/mc); the availability of new Starbucks® Single Origin Sumatra Coconut Beverage; and a brand new selection of premium lunch and pastry offerings giving Canadians more delicious reasons to enjoy food at Starbucks.
Big News for the Beloved PSL™/mc
Back for its 12th season, Pumpkin Spice Latte returns this year with that great taste customers know and love, this time made with real pumpkin and without caramel coloring. PSL™/mc is still the perfectly handcrafted signature espresso beverage made with steamed milk, rich and creamy pumpkin sauce, and warm seasonal spices such as cinnamon, ginger, nutmeg and clove, finished with a dollop of whipped cream and Starbucks® pumpkin spice topping. PSL™/mc is customizable to meet customers’ unique taste preferences and is accessible hot, iced or as a Frappuccino® blended beverage.
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. The company’s stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water.
At the end of Monday’s trade, American Homes 4 Rent (NYSE:AMH)‘s shares surged 1.54% to $16.51.
American Homes 4 Rent (AMH) declared that its Board of Trustees has authorized a share repurchase program under which the Company may repurchase up to $300 million of its outstanding Class A common shares.
Under the program, the Company may repurchase shares from time to time in the open market or in privately negotiated transactions, in compliance with applicable securities laws and regulations, counting Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The timing and amounts of any purchases will depend on a variety of factors, counting market conditions, regulatory requirements, share prices, capital availability and other factors as determined by the Company’s administration team. The repurchase program does not require the purchase of any minimum number of shares and may be suspended or suspended at any time without notice. The purchases will be funded with existing cash balances or the Company’s credit lines.
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States.
Emerson Electric Co. (NYSE:EMR), ended its Monday’s trading session with 0.02% gain, and closed at $45.12.
Emerson Process Management, a global business of Emerson (EMR), has offered automation and engineering services for a Qatargas project that will reduce greenhouse gas emissions by 1.6 million tonnes annually.
Now fully operational, the Jetty Boil-Off Gas (JBOG) Recovery facility is the biggest of its kind and one of the largest environmental investments in the world. It is predictable to recover more than 600,000 tonnes of liquefied natural gas per year – equivalent to the energy supply for more than 300,000 homes.
The facility is designed to recover the gas flared during liquefied natural gas (LNG) loading at the six LNG berths in Ras Laffan Port. The gas is compressed and sent to the Qatargas and RasGas LNG production facilities for use as fuel or as LNG.
Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Administration, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.
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