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Friday 29 January 2016
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Notable Stocks News Recap- Wells Fargo & Co (NYSE:WFC), Dow Chemical Co (NYSE:DOW), Fiat Chrysler Automobiles NV (NYSE:FCAU), United Continental Holdings Inc (NYSE:UAL)

On Thursday, Wells Fargo & Co (NYSE:WFC)’s shares declined -0.41% to $50.57.

Kansas native Talena Hooper has returned to lead the Wells Fargo Regional Commercial Banking office in Kansas City, which is where she got her start in banking. Wells Fargo (WFC) named Hooper the new regional vice president of its Kansas Commercial Banking operations 15 years after she joined the bank as an administrative assistant. Since then, Hooper has steadily advanced, earning numerous awards and promotions along the way.

In her new role, Hooper leads a team of finance professionals in Wells Fargo’s Kansas City and Wichita Commercial Banking offices, which provide local service and decision-making for middle-market businesses with annual revenues of greater than $20 million. Wells Fargo is No. 1 in new lead banking relationships with middle-market companies nationwide.

Wells Fargo & Company is a financial and bank holding company. Its principal business is to act as a holding company for its auxiliaries. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking and Wealth, and Brokerage and Retirement.

Dow Chemical Co (NYSE:DOW)’s shares dropped -0.21% to $42.49.

Farmers need innovative products to successfully produce food for the growing world, and Dow AgroSciences LLC, a wholly owned partner of The Dow Chemical Company (DOW), earned honors as an industry leader for its ability to deliver new technologies with a customer focus. The company received two Agrow Awards, a premier international competition recognizing excellence within the agricultural field.

The awards won by Dow AgroSciences comprise:

Best Formulations: Arylex™ Active Herbicide

Farmers need choices in how they apply products, and Arylex™ active herbicide allows farmers to choose between either a dry or a liquid formulation for cereals and other crops. The Arylex™ formulation also provides farmers with multiple modes of action, low use rates, rapid dispersion, flexible storage conditions, and robust performance in tank mix applications with other herbicides.

Best Industry Collaboration: Dow AgroSciences and GVK Biosciences

Dow AgroSciences is known as a company focused on partnership and its ability to develop strong relationships with external partners to accelerate the development of new technologies for agriculture. The partnership with GVK Biosciences began as a partnership to discover novel, early-stage agricultural products. Together, the two organizations successfully discovered a series of novel insecticides.

The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals and Performance Plastics.

At the end of Thursday’s trade, Fiat Chrysler Automobiles NV (NYSE:FCAU)‘s shares dipped -4.17% to $13.11.

Fiat Chrysler Automobiles have earned a consensus recommendation of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $16.00.

Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.

United Continental Holdings Inc (NYSE:UAL), ended its Thursday’s trading session with -3.20% loss, and closed at $56.31.

United Continental Holdings applied to the U.S. Department of Transportation (DOT) for authority to start seasonal nonstop service between the airline’s San Francisco hub and Xi’an, China. If approved, this will be the first trans-Pacific service to Xi’an operated by any airline, and United will be the first U.S. airline to serve the city.

United intends to use the world’s most advanced passenger airplane, the Boeing 787 Dreamliner, to operate the three-times-weekly service between May 8 and Oct. 27, 2016 (westbound).

“We are excited by the prospect of adding the first trans-Pacific Xi’an service to United’s global route network,” said Jim Compton, United’s vice chairman and chief revenue officer. “Assuming our application is approved, United customers will have unique nonstop flights to one of China’s most vibrant cities, with fast and easy connections to destinations throughout the Americas from our San Francisco hub.”

United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned partner is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.

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