Wells Fargo & Company (WFC)
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- Associated Press Finance
Home of the 76ers, Flyers needs a new naming rights deal after Wells Fargo pulls out
The home of the Philadelphia Flyers and the 76ers -- well, the Sixers, for now -- will soon need a new name. Banking giant Wells Fargo says it will not renew its naming rights deal with the arena in the South Philadelphia sports complex that has served as home to the city’s NHL and NBA teams, most major entertainment touring acts, two political conventions, WrestleMania, lacrosse, college basketball and countless other events. Wells Fargo said Wednesday it will not renew its deal with building owner and operator Comcast Spectacor — the parent company of the Flyers — when it expires in August 2025.
- Business Wire
Wells Fargo Shares Economic Impact from Open for Business Fund
SAN FRANCISCO, July 24, 2024--Wells Fargo today shared the latest community impact of the company’s Open for Business Fund, a roughly $420 million national small business recovery effort to help those hardest hit during and after the COVID-19 pandemic. Launched in 2020, grantees report the Open for Business Fund has now benefited more than 336,000 small businesses, empowering them to keep or create more than 461,000 jobs in communities across the nation.
- Business Wire
Wells Fargo & Company Increases Common Stock Dividend
SAN FRANCISCO, July 23, 2024--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable Sept. 1, 2024, to stockholders of record on Aug. 9, 2024. The third quarter dividend represents an increase of $0.05 per share, or 14%, from the prior quarter.
