On Tuesday Wells Fargo & Company (NYSE:WFC) share price closed at $57.98. Company net profit margin stands at 38.00% whereas its return on equity (ROE) is 11.60%. Wells Fargo & Company (NYSE:WFC) is 0.61% away from its 52 week high.
The National Fish and Wildlife Foundation and Wells Fargo & Company (NYSE:WFC) announced the launch of the Resilient Communities grant program. Through a commitment from Wells Fargo of $10 million over the next four years, this new program will improve natural resources and enhance local capacity to help communities prepare for expected impacts associated with water quantity and quality issues, forest conservation challenges, and sea-level rise. By enhancing and restoring wetlands, resilient shorelines, urban tree canopies, natural forests and healthy upstream watersheds, communities across the country can improve their residents’ quality of life, increase resilience, and support wildlife populations. The program places special emphasis on helping low- and moderate-income communities build capacity for resilience planning. “Wells Fargo’s dedication to conservation and the long-term environmental health of local communities serves as the cornerstone of this public-private partnership designed to improve natural habitats and community resilience throughout the United States,” said Jeff Trandahl, executive director and CEO of NFWF.
Ford Motor Company (NYSE:F) traded 28.35 Million shares and its share price moved up 0.72% to close at $12.65. Company has 0.31% insider ownership. Ford Motor Company (NYSE:F) quarterly performance is 4.67% while its year to date (YTD) performance is 5.97%.
Ford Motor Company (NYSE:F) announced plans to invest around $1 billion over the next five years in Argo AI – an artificial intelligence company. The investment will be utilized for the development of a virtual driver system for Ford’s autonomous vehicle, which is slated for launch in 2021. Virtual driver system is machine-learning software which will act as the brain of autonomous vehicles. Ford’s virtual driver system will be combined with the robotics talent and expertise of Argo AI. The virtual driver system produced from this joint initiative will feature in the Ford’s Society of Automotive Engineers-rated (SAE) level 4 self-driving vehicle. Fully autonomous SAE level 4-capable vehicle is designed for ride-hailing and ride-sharing services will be produced in high volumes. Toward this end, Ford is investing in or collaborating with four startups, namely, Velodyne, SAIPS, Nirenberg Neuroscience LLC and Civil Maps. Ford focuses on the development of autonomous vehicle hardware platform and system integration. Argo AI will support Ford’s autonomous vehicle software development, thus strengthening the commercialization of self-driven vehicles.
On Tuesday shares of Array BioPharma Inc. (NASDAQ:ARRY) ended up at $12.00. This year Company’s Earnings per Share (EPS) growth is -20.00% and next year’s EPS growth is 3.80%. Beta of Array BioPharma Inc. (NASDAQ:ARRY) is 2.19 while company weekly performance is 13.96%.
Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) increased 15.48% to close at $0.72 on 14 February. Its return on assets (ROA) is 122.80% while return on investment (ROI) is 66.00%. Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) price to sales (P/S) ratio is 0.78.