Shares of Wells Fargo & Co (NYSE:WFC) ended Tuesday session in green amid volatile trading. The shares closed up +0.21 points or 0.47% at $45.09 with 24.36 million shares getting traded. Post opening the session at $44.79, the shares hit an intraday low of $44.66 and an intraday high of $45.10 and the price vacillated in this range throughout the day. The company has a market cap of $227.60 billion and the numbers of outstanding shares have been calculated to be 5.05 billion shares.
On September 22, 2016 Wells Fargo Middle Market Banking, No. 1 in total middle market banking share in the U.S., announced that it has named Susan Owens to head commercial banking operations in Maryland. As regional vice president, Owens oversees a team of financial service professionals based at the bank’s Baltimore Middle Market Banking hub.
Owen’s 31-year tenure at Wells Fargo includes 20 years of credit management and 10 years of relationship management and business development. Most recently, she led Middle Market Banking business development in central and eastern Virginia. Owens holds a bachelor’s degree in Spanish from the College of William and Mary in Williamsburg, Virginia, and a MBA from Virginia Commonwealth University in Richmond, Virginia.
“We are fortifying our Maryland leadership with a seasoned finance professional with a track record of meeting our customers’ needs,” said Edmond Lelo, Mid-Atlantic division manager for Wells Fargo Middle Market Banking. “Susan understands the nuances of this key business sector and is dedicated to helping companies thrive.”
Maryland is home to more than 3,000 mid-size businesses, according Lelo. Nationally, middle-market companies employ more than 50 million Americans.
Wells Fargo Middle Marketing Banking offices primarily serve privately held, family-owned companies with annual revenues of greater than $20 million across a spectrum of industries, including manufacturing, wholesale, retail, distribution, construction, and clean tech.
Fargo team members serve customers throughout Maryland at 86 branch locations, 14 Wells Fargo Home Mortgage offices, 34 Wells Fargo Advisors locations, and its Middle Market Banking hub. Team members volunteered nearly 32,000 hours last year in local communities. In 2015, the bank invested more than $1.9 million to nonprofits and schools through corporate and foundation giving.
Shares of Visa Inc (NYSE:V) ended Tuesday session in green amid volatile trading. The shares closed up +0.35 points or 0.43% at $82.16 with 7.97 million shares getting traded. Post opening the session at $81.79, the shares hit an intraday low of $81.50 and an intraday high of $82.38 and the price vacillated in this range throughout the day. The company has a market cap of $192.06 billion and the numbers of outstanding shares have been calculated to be 1.89 billion shares.
On September 27, 2016 Visa Inc., in partnership with Oracle, introduced Visa Advertising Solutions, a new suite of products to help merchants understand whether their digital advertising efforts are influencing consumer purchase decisions online and in-stores.
Leveraging digital advertising and cross-device connection data from Oracle Data Cloud with aggregated purchase data from Visa Advertising Solutions, merchants can measure consumer response to advertising campaigns run on mobile, display, video and social channels, and use the insights gained to optimize their efforts.
Visa Advertising Solutions can also recommend targeted customer segments for future ad campaigns and timely offers based on past purchase behavior, which can be supplemented with demographics and consumer interests, among other data, from Oracle Data Cloud. Purchase data shared with advertisers is always aggregated and de-identified.
“Successful marketing efforts depend on rich data to measure the results and effectiveness of each channel,” said Mike Lemberger, senior vice president, loyalty and data solutions, Visa Inc. “Combined, Visa and Oracle have unique and powerful assets to help merchants connect the dots between advertising spend and business results – the holy grail of any marketing program.”