Wells Fargo Stock News

Bessemer Investors partners with Tencarva Machinery Company Submitted 18/11/2021 - 4:00pm Bessemer Investors LLC (Bessemer), a New York-based investment firm, is to make a significant investment in Tencarva, a distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets. Bessemer will partner with Tencarvas existing management team, including President Ed Pearce, who will continue leading the Company, to support the Companys growth. Financial terms of the transaction were not disclosed. Pearce says: We are very pleased to have established this partnership with Bessemer and are confident that they are a great steward to retain our culture and lead our business into the future. Bessemer understands our vision and recognises the value of our industry-leading employees, including over 100 employee equity owners in the business who will retain significant stakes going forward. We believe Bessemers values and longer-term, more flexible capital base is the right match for our employee-owned business and will assist us in our next phase of growth. With over 350 employees across 28 locations in the Southeast, Tencarva provides high quality flow control and process equipment solutions and services on behalf of its industry-leading original equipment manufacturer (OEM) partners.

Wells Fargo & Company MN decreased its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,156,197 shares of the oil and gas companys stock after selling 434,764 shares during the []

Wells Fargo & Company MN boosted its stake in Berkeley Lights, Inc. (NASDAQ:BLI) by 27.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,462,787 shares of the companys stock after purchasing an additional 313,466 shares during the quarter. Wells Fargo []

Wells Fargo & Company MN reduced its holdings in shares of Schweitzer-Mauduit International, Inc. (NYSE:SWM) by 2.7% during the second quarter, HoldingsChannel.com reports. The fund owned 1,648,313 shares of the companys stock after selling 45,019 shares during the quarter. Wells Fargo & Company MN owned approximately 0.05% of Schweitzer-Mauduit International worth $66,560,000 as of its []

Wells Fargo & Company MN reduced its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.8% during the second quarter, Holdings Channel.com reports. The fund owned 2,597,713 shares of the companys stock after selling 47,239 shares during the quarter. Wells Fargo & Company MNs holdings in iShares U.S. Treasury Bond ETF were []

Wells Fargo & Company MN grew its holdings in shares of VMware, Inc. (NYSE:VMW) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 423,880 shares of the virtualization software providers stock after buying an additional 712 shares during the quarter. Wells Fargo []

Wells Fargo & Company MN trimmed its stake in Northern Trust Co. (NASDAQ:NTRS) by 8.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 578,109 shares of the asset managers stock after selling 53,284 shares during the quarter. Wells Fargo & Company MN owned about []

Wells Fargo & Company MN grew its holdings in BorgWarner Inc. (NYSE:BWA) by 60.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,398,083 shares of the auto parts companys stock after acquiring an additional 524,289 shares during the period. Wells Fargo & Company MNs holdings in BorgWarner were worth $67,863,000 as of its []

Wells Fargo & Company MN cut its holdings in Associated Banc-Corp (NYSE:ASB) by 10.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,375,845 shares of the banks stock after selling 393,614 shares during the period. Wells Fargo & Company MN []

WASHINGTON, Nov. 18, 2021 /PRNewswire/ -- As we adjust to the pandemic and workplaces prepare to re-open, many women are taking a hard look at how they work. A long commute, worry over childcare and lack of flexibility are leading many to explore entrepreneurship. Owning your own business

SECAUCUS, N.J., Nov. 18, 2021 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced the refinancing of its revolving credit facility and term loan by a new lending group led by an affiliate of Wells Fargo. The new debt consists of a revolving credit facility with $350 million of availability and a $50 million term loan, both with five year maturities, lower interest rates, reduced reporting requirements, and increased flexibility under the covenants.

Wells Fargo & Company MN increased its holdings in Principal Financial Group, Inc. (NASDAQ:PFG) by 225.1% during the second quarter, Holdings Channel reports. The firm owned 1,021,994 shares of the companys stock after acquiring an additional 707,650 shares during the quarter. Wells Fargo & Company MNs holdings in Principal Financial Group were worth $64,579,000 at []

Wells Fargo & Company MN reduced its stake in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 20.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 565,713 shares of the banks stock after selling 142,674 shares during the quarter. Wells []

Wells Fargo & Company MN increased its stake in UBS Group AG (NYSE:UBS) by 30.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,119,489 shares of the banks stock after purchasing an additional 949,963 shares during the period. Wells Fargo []

Wells Fargo & Company MN increased its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 36.4% in the second quarter, Holdings Channel.com reports. The firm owned 831,485 shares of the companys stock after acquiring an additional 222,052 shares during the period. Wells Fargo & Company MNs holdings in Vanguard Energy ETF were worth $63,101,000 at the []