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; [email protected]

Stock News for Wells Fargo (WFC)
DateTimeHeadline
03/24/201713:40:00Wells Fargo Asset Management Wins Eight Lipper Fund Awards
03/24/201712:19:15Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/23/201715:54:43Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/23/201708:00:00Wells Fargo/Gallup Survey: U.S. Investor Optimism Rises to Highest...
03/22/201712:44:15Current Report Filing (8-k)
03/22/201712:40:43Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/21/201717:15:28Additional Proxy Soliciting Materials (definitive) (defa14a)
03/21/201716:56:00Fed's Dudley Cites Wells Fargo Scandal in Call to Change Banking...
03/21/201715:54:00Wells Fargo Digs Deeper Into Its Culture Issues
03/21/201715:23:00Wells Fargo CEO Tim Sloan Announces Six New Long-Term Goals and...
03/21/201711:46:45Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/20/201714:59:00Correction to Wells Fargo Accounts Story
03/20/201714:00:00Wells Fargo's Checking Account and Credit-Card Openings Keep...
03/20/201713:09:00Wells Fargo's Checking Account and Credit-Card Openings Keep...
03/20/201711:31:35Current Report Filing (8-k)
03/20/201711:30:00Wells Fargo Reports February Retail Banking Customer Activity
03/17/201714:39:43Statement of Changes in Beneficial Ownership (4)
03/17/201714:30:03Statement of Changes in Beneficial Ownership (4)
03/17/201714:15:21Statement of Changes in Beneficial Ownership (4)
03/17/201714:00:04Statement of Changes in Beneficial Ownership (4)

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US