On Thursday, Shares of Wells Fargo & Co (NYSE:WFC), subtract -1.28% and closed at $44.75 in the last trading session. The last trading range of the stock ranges between $44.28 and $45.24. 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.”
Stumpf, a 34-year veteran of the Company, joined Wells Fargo in 1982 as part of the former Norwest Bank, becoming Wells Fargo’s CEO in June 2007 and its chairman in January 2010.
Viacom, Inc. (NASDAQ:VIAB), jumped 1.99% and closed at $35.82 in the last trading session. The last trading range of the stock ranges between $35.27 and $36.17. The company’s Market capitalization is $14.19 Billion with the total Outstanding Shares of 347.22 million. Spike is bringing its hit series “Lip Sync Battle” directly to fans with a new interactive app officially launching recently, in partnership with music technology engine Wurrly and Casey Patterson Entertainment (CPE). The app launch coincides with the Season 3 premiere of the Emmy®-nominated hit series tonight at 9:00 p.m. ET/PT. Fans can now download the free “Lip Sync Battle” app on iOS in the App Store.
Casey Patterson joined forces with Nadine Levitt, founder and CEO of Wurrly; Claire Friedman, COO of CPE; and Dan Yang, executive vice president, strategy and business development at Viacom to develop the app.
The official “Lip Sync Battle” app allows fans to create lip sync videos to their favorite songs and battle friends in the same format as the hit series. The app provides fans with a fully immersive experience by giving them the ability to shoot, edit and publish their lip sync and then challenge others to “battle” within the app and across various social platforms.
Aspiring lip syncers can select the song of their choice from various genres and create lip sync videos by adding custom masks, props, filters and special effects, making this the first app to combine lyrics with post-effects such as confetti and pyrotechnics. By sharing one’s lip sync video on Facebook and Twitter, fans can accrue “likes” in the app from the “Lip Sync Battle” community and see how their lip syncs rank on the national leaderboard.
Synergy Resources Corp (NYSEMKT:SYRG), lost -0.83% and closed at $7.13 in the last trading session. The last trading range of the stock ranges between $7.03 and $7.27. During the 52-week trading session the minimum price at which share price traded, registered at $5.01 and reached to max level of $12.16. Synergy Resources Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties mainly located in the Denver-Julesburg Basin in Colorado. As of December 31, 2015, the company had about 349,000 net acres under lease, which are located in the Wattenberg Field of the Denver-Julesburg Basin; and operated 369 net producing wells.