On Wednesday, Shares of Wells Fargo & Co (NYSE:WFC), subtract -0.29% and closed at $45.32 in the last trading session. The last trading range of the stock ranges between $45.31 and $45.83. The company’s Market capitalization is $227.66 Billion with the total Outstanding Shares of 5.05 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $43.55 and reached to max level of $56.34. Wells Fargo & Company (WFC) declared recently that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective right away. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, and Stephen Sanger, its Lead Director, to serve as the Board’s non-executive Chairman, and independent director Elizabeth Duke to serve as Vice Chair. Sloan also was elected to the Board.
Sloan’s appointment to CEO and election to the Board are effective right away. He will retain the title of President.
Sanger said, “John Stumpf has dedicated his professional life to banking, successfully leading Wells Fargo through the financial crisis and the leading merger in banking history, and assisting to create one of the strongest and most well-known financial services companies in the world. However, he believes new leadership at this time is appropriate to guide Wells Fargo through its current challenges and take the Company forward. The Board of Directors has great confidence in Tim Sloan. He is a proven leader who knows Wells Fargo’s operations deeply, holds the respect of its stakeholders, and is ready to lead the Company into the future.”
Noble Corporation Ordinary Shares (UK) (NYSE:NE), dropped -1.63% and closed at $6.03 in the last trading session. The last trading range of the stock ranges between $6.02 and $6.14. The company’s Market capitalization is $1.49 Billion with the total Outstanding Shares of 243.22 million. During the 52-week trading session the minimum price at which share price traded, registered at $5.09 and reached to max level of $14.64. Noble Corporation plc (NE) recently declared it plans to report financial results for the third quarter 2016 on Thursday, November 3, 2016, after the close of trading on the New York Stock Exchange. Copies of the Company’s press release will be available on the Noble Website.
Noble also has planned a conference call and webcast related to its third quarter 2016 results on Friday, November 4, 2016, at 8:00 a.m. U.S. Central Daylight Time. Interested parties are invited to listen to the call by dialing 1-877-201-0168, or internationally 1-647-788-4901, using access code: 89706715, or by asking for the Noble Corporation plc conference call. Interested parties may also listen over the Internet through a link posted in the Shareholder Relations section of the Company’s Website.