On Tuesday, Shares of Wells Fargo & Co (NYSE:WFC), subtract -0.44% and closed at $45.45 in the last trading session. The last trading range of the stock ranges between $45.15 and $45.81. The company’s Market capitalization is $230.94 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. Many Americans may have an investment strategy that’s too conservative for accumulating a sufficient retirement nest egg, according to the 2016 Wells Fargo Retirement Study. As National Save for Retirement Week approaches (October 17-21), those surveyed face challenges with both choosing investments that are appropriate for their aims and consistently saving. On behalf of Wells Fargo, Harris Poll conducted a total of 1,253 telephone interviews between July 13 and August 19, 2016, with 1,003 workers age 30 or older who are presently employed and with 250 retirees.
Workers want assist with investing
Although the study findings demonstrate the positive impact 401(k)-type plans have on retirement savings for workers with access to them, 58% who have a 401(k) plan available would still like more assist with their plan to make sure they’re making the best investment choices for their retirement.
Exxon Mobil Corporation (NYSE:XOM), drooped -0.79% and closed at $87.74 in the last trading session. The last trading range of the stock ranges between $87.30 and $88.19. The company’s Market capitalization is $370.96 Billion with the total Outstanding Shares of 4.15 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $71.55 and reached to max level of $95.55. InterOil Corporation (NYSE: IOC, POMSox: IOC) recently declared that, after the close of business on October 7, 2016, the Supreme Court of Yukon approved the pending transaction (“the transaction”) with Exxon Mobil Corporation (XOM), counting finding that the transaction is fair and reasonable. The decision of the Supreme Court of Yukon followed a contested hearing held on September 27, 2016.
Phil Mulacek, who contested the transaction at the previous court hearing, has filed a notice of appeal and requested a stay of the Supreme Court’s decision pending such appeal. InterOil intends to seek to have any appeal heard on an expedited basis, and InterOil and ExxonMobil intend to close the transaction promptly following receipt of a favorable resolution.