On Tuesday, Shares of Wells Fargo & Co (NYSE:WFC), subtract -1.18% and closed at $52.59 in the last trading session. The last trading range of the stock ranges between $51.54 and $52.59. Wells Fargo Advisors (WFA) and SigFig, an independent, San-Francisco-based wealth administration technology company, recently declared they will collaborate to develop a digital advisory offering for WFA to begin piloting in 2017.
The affiliation will give Wells Fargo a platform to assist shareholders build, implement and rebalance tailored portfolios online based on responses to investing questionnaires. WFA and SigFig plan to optimize a direct-to-client product for WFA to offer to emerging shareholders who want trusted investment advice and a holistic financial experience in the digital space.
“Wells Fargo is committed to providing shareholders with quality advice that aligns with their aims and is relevant to all stages of their lives,” said David Carroll, head of Wealth and Investment Administration at Wells Fargo. “As we continue to invest in technology that serves the evolving needs of our clients and our advisors, this offering will mark an important step forward in delivering financial advice to the next generation of shareholders, while building a long-term pipeline for our full-service business.”
Weatherford International Plc (NYSE:WFT), jumped 4.05% and closed at $5.14 in the last trading session. The last trading range of the stock ranges between $5.01 and $5.31. The company’s Market capitalization is $4.43 Billion with the total Outstanding Shares of 897.10 million. Weatherford International plc (WFT) (the “Company” or “Weatherford”) declared recently the pricing of an upsized private offering (the “Offering”) of $540 million aggregate principal amount of 9.875% senior notes due 2024 (the “Notes”) to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will be senior, unsecured obligations of Weatherford International Ltd., a Bermuda exempted company and indirect, wholly owned partner of the Company (“Weatherford Bermuda”). The Notes will be fully and unconditionally guaranteed, on a senior, unsecured basis, by the Company and by Weatherford International, LLC, a Delaware limited liability company and indirect partner of Weatherford Bermuda. The Offering is expected to close November 18, 2016, subject to customary closing conditions.
OneMain Holdings Inc (NYSE:OMF), jumped 1.56% and closed at $20.85 in the last trading session. The last trading range of the stock ranges between $20.38 and $21.20. During the 52-week trading session the minimum price at which share price traded, registered at $16.03 and reached to max level of $50.02. OneMain Holdings, Inc. (OMF) declared recently that Jay Levine, President and CEO of OneMain, will present at the J.P. Morgan FinTech & Specialty Finance Forum in New York on Wednesday, November 30, 2016, at 10:15 a.m. Eastern time.