On Monday, Shares of Wells Fargo & Co (NYSE:WFC),subtract -1.02% and closed at $43.83 in the last trading session. The last trading range of the stock ranges between $43.56 and $44.16. Wells Fargo & Company (WFC) declared recently it has accomplished the purchase of the Europe, Middle East and Africa (EMEA) segment of GE Capital’s Commercial Distribution Finance (CDF) business. The acquisition includes CDF assets, nine offices and 163 team members in markets across Europe, counting Belgium, Finland, France, Germany, Netherlands, Norway, Sweden and the U.K.
“EMEA is an important region for our CDF business and customers,” said Maurice Benisty, CEO, CDF International. “This has been a seamless integration and we continue to provide our customers with excellent service and support. We’re excited to become part of Wells Fargo and, over time, offer our customers a broader selection of financial products and services as we assist them become even more financially successful in the future.”
As formerly declared, Wells Fargo agreed to purchase GE Capital’s CDF, Vendor Finance and a portion of its Corporate Finance businesses. This was in addition to large components of GE Capital’s rail platforms and commercial real estate businesses. In March 2016, Wells Fargo declared it accomplished the purchase of the North American businesses. Following the closing of the Asia, Australia and New Zealand portfolios closing earlier this year, EMEA is the final international segment for CDF to close and marks the completion of the total acquisition.
“The completion of the GE Capital acquisition is extremely positive for Wells Fargo, our team members and shareholders. I’m proud of the hard work that continues to be done by everyone involved to assist complete the transition as smoothly as possible,” said Tim Sloan, Wells Fargo president and COO. “GE Capital’s businesses are industry leaders that are supported by exceptionally talented and practiced teams. We’re thrilled to welcome the new EMEA team members, who now join colleagues in North America, Asia, Australia and New Zealand, to the stagecoach as we continue to strengthen our capabilities and customer relationships.”
Procter & Gamble Co (NYSE:PG), dropped -1.21% and closed at $88.66 in the last trading session. The last trading range of the stock ranges between $88.41 and $89.45. The company’s Market capitalization is $240.75 Billion with the total Outstanding Shares of 2.67 Billion. (PG) – To assist celebrate the 10 year anniversary of the Pantene Beautiful Lengths program, Walgreens will be donating $50,000 to the Pantene Beautiful Lengths Fund this October.
Ten years ago, Pantene created the Pantene Beautiful Lengths program, which strives to create free, real-hair wigs for women who have lost their hair because of cancer treatment. With the assist of charitable men, women and children, the Pantene Beautiful Lengths program has created more than 46,000 wigs to-date. Most recently, the Pantene Beautiful Lengths Fund was created for those who want to support the program, but are unable to donate their hair.
“We’re so thankful that so many people have supported the Pantene Beautiful Lengths program for 10 years, and are grateful to Walgreens for their gracious donation to assist create these wigs. Women have a very special relationship with their hair—it plays a huge role in defining who they are as individuals,” says Jodi Allen, Vice President of P&G Hair Care & Color for North America Pantene. “This program has inspired so many to make selfless donations over the years, and it’s because of them, that women who have lost their hair because of cancer treatments are able to feel more like themselves every day.”
Twitter Inc (NYSE:TWTR), gained 4.12% and closed at $24.00in the last trading session. The last trading range of the stock ranges between $23.45 and $24.25. During the 52-week trading session the minimum price at which share price traded, registered at $13.73 and reached to max level of $31.87. Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company offers various products and services, counting Twitter that allows users to create, distribute, and discover content; and Periscope and Vine, a mobile application that facilitates user to broadcast and watch video live. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that facilitate its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners. In addition, the company offers a set of tools, public APIs, and embeddable widgets for developers to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Twitter, Inc.