California judge grant preliminary approval for Wells Fargo & Co (NYSE:WFC)’s agreement to pay $142 million


A California judge has granted a preliminary approval for Wells Fargo & Company (NYSE:WFC)’s agreement to pay $142 million, and perhaps more, to customers whose credit scores were harmed by its employees creating fake accounts in their names, the bank said on Sunday.

Wells Fargo has set aside that money to compensate customers who are part of a class-action lawsuit involving claims regarding consumer or small business bank accounts, credit cards or loans, as well as identity theft protection, between May 2002 and April of this year. It plans to begin reaching out to those affected customers soon.
On Friday Wells Fargo & Company (NYSE:WFC) share price closed at $55.74. Company net profit margin stands at 37.00% whereas its return on equity (ROE) is 11.50%. Wells Fargo & Company (NYSE:WFC) is -7.08% away from its 52 week high.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) announced that it has taken delivery of the M/V Rowayton Eagle, the seventh of 9 Crown-63 Ultramax dry bulk sister vessels the Company acquired from Greenship Bulk Trust. With the addition of the M/V Rowayton Eagle, the Eagle Bulk fleet currently consists of 47 vessels on the water, including nine Ultramax vessels, with another two Ultramaxes set to be delivered over the coming months. The Company’s pro-forma owned-fleet will consist of 49 Supramaxes/Ultramaxes.

Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in Stamford, Connecticut. Eagle Bulk owns one of the largest fleets of Supramax/Ultramax dry bulk vessels in the world. Supramax/Ultramax vessels, which are constructed with on-board cranes, range in size from approximately 50,000 to 65,000 dwt.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) traded 243004 shares and its share price moved down -2.23% to close at $4.38. Company has 2.00% insider ownership. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) quarterly performance is -21.51% while its year to date (YTD) performance is -25.13%.

On Friday shares of Campbell Soup Company (NYSE:CPB) ended up at $51.58. This year Company’s Earnings per Share (EPS) growth is -14.90% and next year’s EPS growth is 4.89%. Beta of Campbell Soup Company (NYSE:CPB) is 0.35 while company weekly performance is -0.79%.

Crown Castle International Corp. (NYSE:CCI) moved up 1.12% to close at $99.47 on 07 July. Its return on assets (ROA) is 1.80% while return on investment (ROI) is 4.50%. Crown Castle International Corp. (NYSE:CCI) price to sales (P/S) ratio is 9.08.


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