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Monday 25 May 2015
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Traders Are Watching: Wells Fargo & Company (NYSE:WFC), eBay Inc. (NASDAQ:EBAY), Royal Dutch Shell plc (NYSE:RDS-A), Actavis plc (NYSE:ACT)

On Friday, in the course of current trade, Shares of Wells Fargo & Company (NYSE:WFC), gained 0.29%, and is now trading at $56.17.

Wells Fargo Advantage Funds declared that its Board of Trustees preliminarily approved changes to its money market fund lineup to address the regulatory changes adopted by the U.S. Securities and Exchange Commission (SEC) in July 2014. These changes will become effective on or preceding to October 14, 2016.

Wells Fargo Advantage Funds managed $110.5 billion in money market assets as of March 31, 2015.

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.

During an Afternoon trade, Shares of eBay Inc. (NASDAQ:EBAY), gained 0.35%, and is now trading at $59.95, as the online auction site plans to launch a new shipping service that rivals Amazon.com’s (AMZN) Prime service in Germany later this year called eBay plus, The Wall Street Journal reports.

Last November, eBay was exploring delivery options for customers in countries counting the U.S. and Germany, according to Reuters.

eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Enterprise.

Shares of Royal Dutch Shell plc (NYSE:RDS-A), during its Friday’s current trading session fell -1.66%, and is now trading at $61.27.

Royal Dutch Shell, declared the following changes to the membership of its Board Committees:

AUDIT COMMITTEE

Euleen Goh, a Non-executive Director, has been designated Chairman of the Audit Committee in succession to Guy Elliott with effect from January 1, 2016. Mr Elliott to continue as a member of the Committee.

CORPORATE AND SOCIAL REPONSIBILITY COMMITTEE

Hans Wijers, Deputy Chairman and Senior Independent Director, has been designated Chairman of the Corporate and Responsibility Committee in succession to Charles O. Holliday with effect from May 20, 2015.

NOMINATION AND SUCCESSION COMMITTEE

Charles O. Holliday has been designated Chairman of the Nomination and Succession Committee following his appointment as Chairman of the Board.

REMUNERATION COMMITTEE.

Patricia A. Woertz, a Non-executive Director, has been designated a member of the Remuneration Committee in succession to Charles O. Holliday with effect from May 20, 2015.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy.

Finally, Actavis plc (NYSE:ACT), gained 0.23% Friday.

Actavis, declared that Brent Saunders, CEO and President of Actavis, will provide an overview and update of the Company’s business at Bernstein’s Thirty-First Annual Planned Decisions Conference 2015 in New York City.

The presentation will take place on Thursday, May 28, 2015 at 11:00 a.m. Eastern Time at the Waldorf Astoria Hotel, New York, NY.

Actavis plc, a specialty pharmaceutical company, develops, manufactures, markets, and distributes generic, branded generic, branded, biosimilar, and over-the-counter (OTC) pharmaceutical products. It operates in three segments: North American Brands, North American Generics and International, and Anda Distribution.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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