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Sunday 12 April 2015
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Latest Update

Active Stocks Alert: Sprint Corp (NYSE:S), Citigroup Inc (NYSE:C), The Coca-Cola Co (NYSE:KO), Wells Fargo & Co (NYSE:WFC)

Following U.S. Stocks are among the “Most Active” Stocks in the course of recent trading session, Wednesday: Sprint Corp (NYSE:S), Citigroup Inc (NYSE:C), The Coca-Cola Co (NYSE:KO), Wells Fargo & Co (NYSE:WFC)

  • Sprint Corp (NYSE:S), with shares dwindled -1.27% is now trading at $4.68. The Stock is active as 7.66M shares changed hands versus its average volume of 15.13M shares.
  • Citigroup Inc (NYSE:C), with shares raised 0.14% is now trading at $51.60. The Stock is active as 7.74M shares changed hands versus its average volume of 19.72M shares.
  • The Coca-Cola Co (NYSE:KO) with shares enhanced 0.12% is now trading at $40.61. The Stock is active as 6.86M shares changed hands versus its average volume of 16.36M shares.
  • Wells Fargo & Co (NYSE:WFC) with shares dipped -0.77% is now trading at $53.98. The Stock is active as 6.80M shares changed hands versus its average volume of 15.02M shares.

Latest NEWS regarding these Stocks are depicted underneath:

Sprint Corporation (NYSE:S)

Today, Sprint Corporation (S), declared that its Ogden, Utah, network shares a first-place ranking for overall performance, reliability, speed, call and text performance according to a new RootScore® Report by independent mobile analytics firm RootMetrics®.

In Ogden, Sprint’s median download speed raised 87 percent since RootMetrics conducted its previous test in August.

“Our network gets better every day, and we’re working hard to provide the consistent reliability, capacity, and speed that our customers demand,” said Joe Meyer, vice president of Sprint Network Performance. “We’re happy with these latest results in Ogden and we will continue to invest in our Utah network. With our new low-cost pricing plans, there’s never been a better time to give Sprint a try.”

Sprint Corporation provides wireless and wireline communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. It operates in two segments, Wireless and Wireline.

Citigroup Inc. (NYSE:C)

Citigroup Inc. (C), declared that it has reached a definitive contract to sell 100% of the shares of Citi Cards Japan, Inc. (hereafter Citi Cards Japan), the exclusive issuer of Diners Club cards in Japan, to Sumitomo Mitsui Trust Bank, Limited (hereafter Sumitomo Mitsui Trust Bank). About 743,000 customer accounts of Citi Cards Japan (as of February 28, 2015) will be comprised of in the sale. The financial terms of the transaction are not material to Citi. The transaction is predictable to close by the end of 2015, subject to customary closing conditions.

From now until closing, there will be no change in the way Citi serves its cards customers in Japan. Citi and Sumitomo Mitsui Trust Bank agreed to cooperate to ensure a smooth transition of the business to Sumitomo Mitsui Trust Bank, and for the continued offering of products and services to customers of Citi Cards Japan.

The sale represents another step in Citi’s strategy of further streamlining its Global Consumer business, which was declared on October 14, 2014.

Citigroup Inc., a diversified financial services holding corporation, provides various financial products and services for consumers, corporations, governments, and institutions worldwide.

The Coca-Cola Company (NYSE:KO)

The Chairmen of The Coca-Cola Company (KO), and Coca-Cola Amatil (CCA) recently officially commemorated the expansion of the Coca-Cola Amatil Indonesia (CCAI) Cikekodan Plant in Bekasi, West Java. This marks the first of several major investments being made as the Coca-Cola system in Indonesia invests US $500 million to accelerate growth in the next three to four years. This incremental investment builds on the US $1.2 billion the Coca-Cola system has invested in Indonesia in the last 25 years.

The Coca-Cola Corporation last October declared plans to create a joint venture with Coca-Cola Amatil’s local Indonesia partner to invest US $500 million in return for an ordinary equity ownership interest of 29.4%, with the funds invested into CCAI operations in Indonesia to support accelerated expansion of production, warehousing and cold-drink infrastructure. This investment will have a multiplier effect on local jobs, taking the Coca-Cola system’s total direct and indirect employment in Indonesia from about 60,000 to a total of 135,000 within three to four years. The investment is subject to CCA non-associated shareholder and Indonesian regulatory approvals.

In the past three years alone, CCAI commissioned 18 new production lines, deployed 150,000 coolers and built three mega distribution centers to raise capacity and build local capability with total investments surpassing US $300 million.

The Coca-Cola Corporation, a beverage corporation, manufactures and distributes various nonalcoholic beverages worldwide. The corporation primarily offers sparkling beverages and still beverages.

Wells Fargo & Company (NYSE:WFC)

Today, the International Group of Wells Fargo & Corporation (WFC), released Wells Fargo International Business Indicator tracks the strength and direction of the international outlook of U.S. companies, surveying more than 250 U.S. companies with annual proceed of $50 million or more that conduct at least some international business

“Many survey respondents cited improving economic conditions and a strong workforce when placing Western Europe at the top of their list,” said Jim Johnston, based in London and head of Wells Fargo’s European operations. “As U.S. companies expand internationally, they clearly view Western Europe as a key partner for long-term growth. We continue to see more U.S. companies wanting to do business throughout the region and expect that trend to continue in the coming year.”

Wells Fargo & Corporation 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.

DISCLAIMER:

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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