Wells Fargo & Company’s First Quarter Earnings Hits Record; H&R Block Signs Deal with BofI Federal Bank


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NYSE:WFC / NYSE:HRB / NYSE:GPS / PK:MNTR
04/14/2014 [ACCESSWIRE]

Wells Fargo & Company (NYSE: WFC) – For an in-depth report on Wells Fargo & Company follow: www.BullTrends.com/stockquote/WFC

Shares of Wells Fargo & Company closed up nearly 1% on about 36.4 million shares traded this past Friday. The stock was one of the most active stocks on the NYSE. The bank reported first quarter earnings that hit a record $5.9 billion. Earnings per share were $1.05, up 14% from 92 cents a share in last year's first quarter. This beat Wall Street's consensus estimate of 97 cents a share, according to a FactSet survey of analysts.

H&R Block, Inc. (NYSE: HRB) - For an in-depth report on H&R Block, Inc. follow: www.BullTrends.com/stockquote/HRB

Shares of H&R Block closed down 2.74% on about 17.8 million shares traded. The stock was one of the most active stocks on the NYSE after the company announced the signing of a deal between H&R Block Bank and BofI Federal Bank. Per the deal, H&R Block Bank will divest certain of its assets and liabilities to BofI Federal Bank.

The Gap, Inc. (NYSE: GPS) - For an in-depth report on The Gap, Inc. follow: www.BullTrends.com/stockquote/GPS

Shares of The Gap closed down 2.27% on about 15.3 million shares traded on Friday. The stock was one of the most active stocks on the NYSE. The company said overall March same-store sales fell 6% year over year, a slight quarter-to-quarter increase from February's 7% drop. By brand, Gap Global sales dropped 7%, Banana Republic fell 4%, and Old Navy Global dove 7%.

Mentor Capital, Inc. (OTC: MNTR) – For an in-depth report on Mentor Capital, Inc. follow: www.BullTrends.com/stockquote/MNTR

Mentor Capital closed up roughly 122% on about 950,000 shares traded this past Friday. It was one of the biggest gainers in the OTC market. The company’s status was upgraded today by OTC Markets Group to the highest of the three primary OTC Pink Marketplace segments: Current Information.

 

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