On Monday, Shares of Wells Fargo & Company (NYSE:WFC), gained 0.41% to $55.75.
Wells Fargo & Company, declared dividends on eight series of preferred stock.
A quarterly cash dividend of $20.00 per share was declared on its 8.00% non-cumulative perpetual class A preferred stock, Series J, liquidation preference $1,000 per share. This dividend equals $0.50 per depositary share, each representing a 1/40th interest in a share of Series J preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrJ.” The Series J dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $18.75 per share was declared on its 7.50% non-cumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL.” The Series L dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $325.00 per share was declared on its 5.20% non-cumulative perpetual class A preferred stock, Series N, liquidation preference $25,000 per share. This dividend equals $0.325 per depositary share, each representing a 1/1,000th interest in a share of Series N preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrN.” The Series N dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $320.31 per share was declared on its 5.125% non-cumulative perpetual class A preferred stock, Series O, liquidation preference $25,000 per share. This dividend equals $0.32031 per depositary share, each representing a 1/1,000th interest in a share of Series O preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrO.” The Series O dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $328.13 per share was declared on its 5.25% non-cumulative perpetual class A preferred stock, Series P, liquidation preference $25,000 per share. This dividend equals $0.32813 per depositary share, each representing a 1/1,000th interest in a share of Series P preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrP.” The Series P dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $365.63 per share was declared on its 5.85% non-cumulative perpetual class A preferred stock, Series Q, liquidation preference $25,000 per share. This dividend equals $0.36563 per depositary share, each representing a 1/1,000th interest in a share of Series Q preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrQ.” The Series Q dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $414.06 per share was declared on its 6.625% non-cumulative perpetual class A preferred stock, Series R, liquidation preference $25,000 per share. This dividend equals $0.41406 per depositary share, each representing a 1/1,000th interest in a share of Series R preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrR.” The Series R dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 2015.
A quarterly cash dividend of $375.00 per share was declared on its 6.00% non-cumulative perpetual class A preferred stock, Series T, liquidation preference $25,000 per share. This dividend equals $0.375 per depositary share, each representing a 1/1,000th interest in a share of Series T preferred stock, which is traded on the New York Stock Exchange under the symbol “WFCPrT.” The Series T dividend is payable on June 15, 2015, to holders of record as of the close of business on May 29, 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.
Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT), inclined 0.03% to $29.51, during its last trading session.
Hilton Worldwide, declared a re-branding of Embassy Suites Hotels and Hampton Hotels in the U.S., adding the “by Hilton” endorsement to their monikers. The new brand logos and names, Embassy Suites by Hilton and Hampton by Hilton, represent the next phase of a renewed business strategy to further reinforce the brands’ identities within the Hilton Worldwide portfolio and the company’s continued commitment to the future growth, expansion, and evolution of its brands. The phased rollout starts this quarter and will bring about greater consistency as these brands already carry the ‘by Hilton’ endorsement outside of the U.S.
This addition to the brand name follows the course of other Hilton brands counting DoubleTree by Hilton, Canopy by Hilton, and Curio – A Collection by Hilton, and will continue to further align brand recognition and global consistency across the Hilton Worldwide portfolio. Presently, five Embassy Suites properties and 101 Hampton properties comprise “by Hilton” in their brand names, the majority of which are outside the U.S. This change will apply to all Embassy Suites hotels and Hampton hotels in the U.S., which will now be known as Hampton Inn by Hilton and Hampton Inn & Suites by Hilton.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under 12 brand names, counting Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations.
Finally, JD.com, Inc. (NASDAQ:JD), ended its last trade with 1.53% gain, and closed at $33.91.
Kingdee International Software Group Company Limited and JD.com, jointly declared that they have reached a definitive agreement, under which JD.com will invest HK$1.3 billion (about US$170 million) in cash in consideration for an about 10% stake in Kingdee. In addition, Kingdee and JD.com plan to enter a planned partnership under which they will collaborate on providing small and medium-sized enterprises with integrated ERP solutions through a cloud service.
The purchase price will be HK$4.60 per share, representing the average closing price of Kingdee’s shares for the 15 trading days preceding to the signing of the agreement.
The transaction is predictable to close in the second quarter of 2015, subject to customary approvals and closing conditions.
JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.
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