Wells Fargo & Company (NYSE:WFC) announced that it will withdraw from mortgage marketing services and desk rental agreements with real estate firms, builders and certain other referral sources. The decision was made as a result of increasing uncertainty surrounding regulatory oversight of these types of arrangements and as part of Wells Fargo’s ongoing efforts to simplify the process that customers experience as they weigh all of their choices when shopping for a mortgage. Wells Fargo & Company (NYSE:WFC) belongs to Financial sector. Its net profit margin is 44.70% and weekly performance is 0.73%. On last trading day company shares ended up $57.82. Wells Fargo & Company (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 1.40%.
A Intel Corporation (NASDAQ:INTC) that can turn a park bench into a piano. A Copenhagen startup that lets children as young as age 3 create and share their own e-books. A woman-founded partnership that teaches teen girls to code through a social medium they love. These are just three of the first cohort of startups selected to take part in the Intel Education Accelerator. Intel Capital, Intel Corporation’s global investment organization, and Intel Education in April declared the formation of the accelerator, a specialized program to assist ed-tech startups transform education for student success. After beating out nearly 200 other applicants – half of them from overseas – the selected startups on Monday will start a rigorous and enriching four-month program that will provide them with working capital, veteran mentorship and dedicated workspace in the heart of Silicon Valley. Intel Corporation (NASDAQ:INTC) shares advanced 0.28% in last trading session and ended the day at $29.13. INTC Gross Margin is 63.50% and its return on assets is 12.90%. Intel Corporation (NASDAQ:INTC) quarterly performance is -10.75%.
CubeSmart (NYSE:CUBE) announced that its Board of Trustees declared a quarterly dividend of $0.16 per common share for the period ending September 30, 2015. The dividend is payable on October 15, 2015 to common shareholders of record on October 1, 2015. The Board of Trustees also declared a quarterly dividend of $0.484375 for the 7.75% Series A Cumulative Redeemable Preferred Shares payable on October 15, 2015 to holders of record on October 1, 2015. On 04 August, CubeSmart (NYSE:CUBE) shares moved down -1.07% and was closed at $25.87. CUBE EPS growth in last 5 year was 18.60%. CubeSmart (NYSE:CUBE) year to date (YTD) performance is 18.83%.
Air Lease Corporation (NYSE:AL) announced a long term lease agreement with Air Vanuatu, an international airline based in Port Vila, Vanuatu, for one new Boeing 737-800. The aircraft is from ALC’s order book with Boeing and will deliver in January 2016. ALC is very pleased to announce this strategic new 737-800 lease placement with Air Vanuatu, a new customer for ALC in the South Pacific region. Air Lease Corporation (NYSE:AL) ended the last trading day at $35.13. Company weekly volatility is calculated as 2.00% and price to cash ratio as 17.14. Air Lease Corporation (NYSE:AL) showed a weekly performance of 4.96%.
Illumina, Inc. (NASDAQ:ILMN) announced it has signed a definitive agreement to acquire GenoLogics Life Sciences Software, a developer of industry-leading laboratory information management systems (LIMS) for life sciences organizations. The acquisition strengthens Illumina’s industry leading portfolio of genetic analysis solutions. The acquisition of GenoLogics demonstrates Illumina’s commitment to drive the adoption of sequencing in new markets and improve the genomic information workflow,” said Francis deSouza, President of Illumina. Illumina Inc. (NASDAQ:ILMN) shares moved down -1.10% in last trading session and ended the day at $214.31. ILMN Gross Margin is 71.00% and its return on assets is 14.10%. Illumina Inc. (NASDAQ:ILMN) quarterly performance is 14.58%.