BofA Gets Boost From Loans as Consumers Start Borrowing Again
(Bloomberg) -- Bank of America Corp (NYSE:BAC) saw loan growth return with consumers and businesses beginning to take on debt again, while the company’s traders missed analysts’...
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Wells Fargo&Co News & Analysis
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Wells Fargo Pounds the Table on ChemoCentryx Stock
The holy grail for a biopharma company is to get a drug approved and out to market, a feat achieved by few, considering the rigorous demands of regulators. However,...
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Wells Fargo names Derek Flowers as new chief risk officer
NEW YORK (Reuters) – Wells Fargo & Co named Derek Flowers as its new chief risk officer, leading all aspects of the lender’s risk management systems, the bank said in a statement on...
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Wells Fargo names new chief risk officer as Norton retires
Wells Fargo (WFC) names Derek Flowers as the company's new chief risk officer, effective immediately. This appointment follows former chief risk officer Mandy Norton's retirement,...
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Big Tech will look to avoid regulatory scrutiny with broad portfolios - Wells Fargo
Wells Fargo internet merger expert Bob Peck said Tuesday that the increased regulatory scrutiny on Big Tech will force companies to build diverse product portfolios.
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: AutoNation started at overweight with $135 stock price target at Wells Fargo
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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: Lithia Motors started at overweight with $345 stock price target at Wells Fargo
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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Wells Fargo Delivers Stellar Q4 Earnings; Shares Up 3.7%
Shares of Well Fargo & Co. (WFC) reached a new all-time high of $58.87, after the bank delivered stellar fourth quarter and full-year 2021 results. The company’s better-than-expected results...
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Wells Fargo’s quarterly profit soars 86%
Bank’s revenue up 13%; it released money set aside for pandemic loan losses
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Wells Fargo says chip-equipment makers to remain 'volatile' in upcoming earnings season
Few industries felt the impact of the global supply chain slowdown in 2021 than the semiconductor sector
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Wall Street week ahead: Earnings to test growth stocks after rocky start to year
The S&P 500 information technology sector, which accounts for nearly 29% of the broader index's weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as...
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S&P 500 Delivers 2nd-Weekly Loss as Lackluster Bank Earnings Weigh
By Yasin Ebrahim Investing.com – The S&P 500 rose Friday, but suffered a second-straight losing week following a tech-rout earlier this week, while underwhelming earnings from major Wall...
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S&P 500 Falls as Financials Wobble After Bank Earnings Fail to Impress
By Yasin Ebrahim Investing.com – The S&P 500 fell Tuesday, as financials fell after quarterly earnings from major Wall Street banks failed to impress investors. The S&P 500 fell 0.6%, the...
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Wells Fargo Jumps as Cost Cuts, Lower Loan Provisions Boost Profits
By Dhirendra Tripathi Investing.com – Wells Fargo stock (NYSE:WFC) rose 2.7% on Friday after the lender’s profit and revenue came in ahead of estimates, driven by the CEO’s focus on...
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Wall Street Opens Lower After Retail Sales, Bank Disappointments; Dow Down 280 Pts
By Geoffrey Smith Investing.com -- U.S. stock markets opened mostly lower on Friday, after disappointing retail sales and industrial production data both pointed to the effects of sustained...
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JPMorgan, BlackRock, Sherwin-Williams Fall Premarket; Well Fargo Rises
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Friday, January 14th. Please refresh for updates. JPMorgan (NYSE:JPM) stock fell 3.5% after the banking giant...
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Wells Fargo&Co earnings, Revenue beat in Q4
Investing.com - Wells Fargo (NYSE:WFC)&Co reported on Friday fourth quarter {{erl-7992||earnings that beat analysts' forecasts and revenue that topped expectations. Wells...
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Wells Fargo Non-GAAP EPS of $1.38 beats by $0.38, revenue of $20.86B beats by $2.25B
Wells Fargo press release (WFC): Q4 Non-GAAP EPS of $1.38 beats by $0.38.Revenue of $20.86B (+12.8% Y/Y) beats by $2.25B.Provision for credit losses in fourth quarter 2021 of...
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Gold Up, Poised for Best Week Since Nov. 2021 as Dollar Weakens
By Gina Lee Investing.com – Gold was up on Friday morning in Asia and was set for its best weekly gain since November 2021. Investors await U.S. data that could provide clarity regarding...
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Asian Stocks Down, Investors Digest Chinese Trade Data
By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Friday morning, with a slew of U.S. Federal Reserve officials indicating faster-than-expected interest rate hikes and the...
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Banks - JPMorgan, Citi, Wells Fargo, BlackRock - Q4 earnings to reflect strength amid high inflation rates
With the economy deepening into a high inflationary environment, the banks earnings kicking off this week will be in focus.With loan demand seen picking up in Q4 and capital...
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If You Invested $1,000 In Wells Fargo Stock One Year Ago, Here's How Much You'd Have Now
Investors who have owned stocks in 2021 have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 23.9%. But there is...
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Watch for Continued Gains in Shares of Wells Fargo & Company (WFC)
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Shares of Wells Fargo & Company (NYSE: WFC) traded...
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Wells Fargo expects four U.S. rate hikes this year, cuts growth forecast
(Reuters) – Wells Fargo expects the U.S. Federal Reserve to raise interest rates four times this year, the bank said on Thursday, while downgrading its 2022 growth forecast for the...
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GXO Logistics, Hub Group and Saia are on Wells Fargo's buy-now list of trucking stocks
Wells Fargo recommends that investors look at buying trucking and logistics stocks after the recent pullback. Read more.
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Wells Fargo now sees the Fed hiking rates four times this year as compared to twice previously
The firm now sees the Fed hiking rates by 25 bps each quarter through to Q3 2023, starting from March this year. Adding that they expect the Fed to start reducing its balance sheet as an...
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Biogen, Philips, Lucid Fall Premarket; Ocugen, Didi Global Rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, January 12th. Please refresh for updates. Biogen (NASDAQ:BIIB) stock slumped 8.5% after the U.S....
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