ADVFN - Advanced Financial Network.
HOME» NYSE » W » WFC Stock Price » WFC Stock News

Wells Fargo Share News

 Wells Fargo & Co. (new) Stock Price
WFC Stock Price
 Wells Fargo & Co. (new) Stock Chart
WFC Stock Chart
 Wells Fargo & Co. (new) Stock News
WFC Stock News
 Wells Fargo & Co. (new) Company Information
WFC Company Information
 Wells Fargo & Co. (new) Stock Trades
WFC Stock Trades

SMF Energy Files For Chapter 11 Bankruptcy After Loan Default

DOW JONES NEWSWIRES SMF Energy Corp. (FUEL) filed for Chapter 11 bankruptcy protection after its principal lender declared it in default on its loan agreements. SMF, which owes about $11.2 million under its loan agreements with Wells Fargo & Co. (WFC), expects to receive needed consents to allow it to continue operating parts of its business that have continuing value as it works through a reorganization plan. The provider of mobile and bulk fueling and other services across a broad range of industries from trucking to telecommunications also said it expects that it will be required to sell off assets that aren't considered to have a "going concern" value. Further details regarding asset sales weren't disclosed. SMF said it didn't expect that plans unveiled last month to improve revenue and cut costs would be enough to offset an anticipated downturn in its financial results any time soon. SMF said that competitive pressures have prevented it from raising prices. Shares closed Friday at 84 cents and were halted in recent premarket trading. The stock is down roughly 70% this year. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Wells Fargo (WFC)
DateTimeHeadline
05/24/201608:00:00Wells Fargo Wallet to Launch for Wells Fargo Customers
05/23/201609:28:51Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201615:00:00Wells Fargo & Company Declares Cash Dividends on Preferred Stock
05/20/201611:34:18Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201611:12:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/19/201618:50:00Lawsuit Claims Another Global Banking Hack
05/19/201610:03:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/18/201614:34:31Current Report Filing (8-k)
05/18/201614:27:00Wells Fargo to Present at the Bernstein Thirty-Second Annual...
05/18/201610:25:00Wells Fargo annonce les dirigeants canadiens de ses divisions...
05/18/201609:00:00Wells Fargo Names Canada Leaders for Equipment Finance and Commercial...
05/17/201614:52:41Current Report Filing (8-k)
05/17/201613:14:00Wells Fargo to Present at the Deutsche Bank 2016 Global Financial...
05/17/201606:11:00Wells Fargo EGS Team Members Raise 32 Lakhs to Support Community...
05/17/201604:28:00Wells Fargo EGS Team Members Raise Money for Service-Based Organizations
05/16/201616:50:00Wells Fargo Loses Long-Running Broker Dispute With UBS
05/16/201616:29:00Wells Fargo Loses Long-Running Broker Dispute With UBS
05/16/201612:26:06Form 13f Holdings Report (13f-hr)
05/16/201608:50:00Buffett's Berkshire Takes $1 Billion Position in Apple
05/13/201616:13:31Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

Wells Fargo and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad