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
05/24/201520:19:03The Best Stocks for Investing in Wall Street Banks
05/24/201511:10:02The Best Stocks for Investing in Banks
05/23/201520:20:02The Best Business Model for Banks
05/23/201513:24:02Warren Buffett Just Bought More Of These Two Bank Stocks. Should...
05/22/201514:32:29Statement of Changes in Beneficial Ownership (4)
05/22/201508:08:023 Stocks You'll Want To Own If Inflation Begins To Rise
05/21/201517:08:34Current Report Filing (8-k)
05/21/201516:39:12Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/21/201511:18:40Current Report Filing (8-k)
05/21/201509:45:02How One Stock Has Crushed the Competition For 10 Years Running
05/21/201508:35:00Wells Fargo Advantage Funds Announces Changes to Money Market...
05/21/201501:00:00Wells Fargo Sponsors Gallup Industry Study to Gain Insight Into...
05/20/201519:55:00Wells Fargo Advantage Closed-End Funds Declare Monthly and Quarterly...
05/20/201513:45:00Wells Fargo Grants $500,000 to Help Revitalize Tucson
05/20/201512:15:10What Is the S&P 500 Index?
05/20/201511:58:29Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201511:01:00MGEX Adds Wells Fargo Securities, LLC as a New Clearing Member
05/20/201508:06:02The Competitive Advantage of the Best Bank Stocks
05/20/201506:41:00Wells Fargo Team Members Get to Work to Raise More Than PHP 200,000...
05/20/201500:30:00Wells Fargo Team Members Get to Work to Raise More Than INR 30...

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad