Stocks in News: Wells Fargo & Company (NYSE:WFC), ARCA biopharma, Inc. (NASDAQ:ABIO), POZEN Inc. (NASDAQ:POZN), PICO Holdings Inc. (NASDAQ:PICO)

On 4 August, Wells Fargo & Company (NYSE:WFC) said that, it is opening a new Regional Business Center in Cherry Hill. Wells Fargo & Company (NYSE:WFC) belongs to Financial sector. Its net profit margin is 44.70% and weekly performance is -0.04%. On last trading day company shares ended up $57.47. Wells Fargo & Company (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 1.23%.

ARCA biopharma, Inc. (NASDAQ:ABIO) was upgraded by Zacks from a “hold” rating to a “buy” rating in a report released on Monday. The brokerage currently has a $1.25 target price on the biopharmaceutical company’s stock. Zacks‘s price target would suggest a potential upside of 15.74% from the stock’s previous close. ARCA biopharma, Inc. (NASDAQ:ABIO) shares advanced 1.01% in last trading session and ended the day at $1.00. ABIO return on assets is -58.90%. ARCA biopharma, Inc. (NASDAQ:ABIO) quarterly performance is 18.36%.

POZEN Inc. (NASDAQ:POZN) announced that Scott Charles will be appointed Senior Vice President of Finance of POZEN, effective July 27th, with the intention of becoming Chief Financial Officer of Aralez Pharmaceuticals plc. upon completion of the pending merger of POZEN with Tribute Pharmaceuticals Canada Inc. On 07 August, POZEN Inc. (NASDAQ:POZN) shares fell -6.26% and was closed at $10.49. POZN EPS growth in last 5 year was 35.70%. POZEN Inc. (NASDAQ:POZN) year to date (YTD) performance is 31.12%.

PICO Holdings Inc. (NASDAQ:PICO) announced that senior management will host an investor conference call and audio webcast on Monday, August 10, 2015 at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss the Company’s financial results for the second quarter ended June 30, 2015 and its strategic plans and outlook for the remainder of 2015. PICO Holdings Inc. (NASDAQ:PICO) ended the last trading day at $12.03. Company weekly volatility is calculated as 3.68% and price to cash ratio as 5.76. PICO Holdings Inc. (NASDAQ:PICO) showed a weekly performance of -2.43%.

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