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WFC inks deal to sell its $4.4B rail leasing unit, sharpening its focus on core financial services and cost efficiency.

The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.

If you've got $100 to invest this June, Brookfield Infrastructure ( BIPC 0.53%) ( BIP 0.12%) is one top dividend stock you ...

The financial sector stocks were slightly higher amid a decline in Treasury yields and as inflation moved closer to target. Shares of GATX climbed 9% after the company's new joint venture with ...

The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth ...

Ulta reported earnings per share of $6.70, beating the consensus estimate of $5.77. In addition, the company reported sales ...

Shares of GATX climbed after the company's new joint venture with Brookfield Infrastructure notched a deal to buy Wells Fargo's rail assets for a book value of about $4.4 billion. The stock rose 8.8% ...

A new joint venture of GATX Corp. and Brookfield Infrastructure Partners L.P. have entered into a definitive agreement to ...

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Wells Fargo & Company entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield ...