Wells Fargo & Company (WFC) 48.93 $WFC
Here’s Where Wells Fargo Is Looking for Its Next Big Buy
Matt Koppenheffer, The Motley Fool - Motley Fool - 1 hr 21 mins ago
During the conference call from Wells Fargo this quarter, CEO John Stumpf discussed the continuing strength of the bank's deposit franchise, which saw total deposits grow $83.8 billion, or 8%. Even more importantly however was Wells Fargo's...
Are Visa and MasterCard About to Lose Their Competitive Position?
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Fri Apr 18, 6:09AM CDT
The vast payment networks that Visa and MasterCard hold in the payments space are unrivaled, and constitute a massive moat between them and other smaller players. But, could this deal with JPMorgan represent a shift for these payment network...
Wells Fargo and TD Bank Can Save Your Portfolio in the Coming Correction
Matthew Frankel, The Motley Fool - Motley Fool - Fri Apr 18, 6:00AM CDT
Does your portfolio jump or fall violently with every little news item? If it does, you might need to adjust your holdings to make sure you can comfortably ride out anything the market throws at you, especially with all of the "correction" talk in...
Final Glance: Banks companies
AP - Thu Apr 17, 5:01PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
US stock market ends higher as earnings pour in
By ALEX VEIGA - AP - Thu Apr 17, 4:57PM CDT
Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up.
SUPERVALU Completes Repricing and Amendment of Its $1.0 Billion Asset-Based Revolving Credit Facility
Business Wire - Thu Apr 17, 4:14PM CDT
SUPERVALU INC. (NYSE: SVU) today announced it has successfully completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the Company's inventory, credit card and certain other receivables and certain other assets. The amendment reduces the facility's interest rates to LIBOR plus 1.50 percent to 2.00 percent and prime plus 0.50 percent to 1.00 percent, depending on utilization. The amendment also eliminates the springing maturity provision that would have accelerated the revolving credit facility's maturity to 90 days prior to May 1, 2016 if more than $250 million of the Company's 8% senior notes remained outstanding as of that date. The springing maturity provision was replaced with a springing reserve provision that calls for a reserve to be placed against availability under the facility in the amount of any outstanding material indebtedness (as defined in the credit facility) that is due within 30 days of the date the reserve is established. In addition, the amendment also expands the ability to increase the Company's $1.5 billion senior secured term loan facility, subject to a secured leverage test, by up to $500 million (previously $250 million), subject to identifying term loan lenders or other institutional lenders willing to provide the additional loans and the satisfaction of certain terms and conditions. The amendment also contains modified covenants to give the Company additional strategic and operational flexibility and includes certain other non-material changes. Additionally, the maturity date of the revolving credit facility was extended by eleven months to February 2019.
Goldman Q1 Earnings Beat Ests, Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 2:30PM CDT
Following the slump in total net revenues, The Goldman Sachs Group, Inc.'s first-quarter 2014 earnings per share came in at $4.02, significantly below the year-ago figure of $4.29. However, it surpassed the Zacks Consensus Estimate of $3.43.
Morgan Stanley Keeps Earnings Streak Alive - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 12:50PM CDT
Morgan Stanley's earnings per share from continuing operations of 68 cents outpaced the Zacks Consensus Estimate and prior-year quarter figure of 60 cents, reflecting top-line growth.
The Bank That Does Just About Everything Right
Raymond Merola, The Motley Fool - Motley Fool - Thu Apr 17, 12:42PM CDT
Wells Fargo & Co. reported 2014 first-quarter earnings last Friday. Reading beyond the headlines, management described a banking institution with a business model and strategies that have the potential to make investors happy for a long time....
How You Can Grow Your Monthly Income With These 3 Dividend Stocks
Dave Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 12:15PM CDT
For income investors, there's no greater feeling then when that divided arrives in your account. In fact, for those depending on dividends to supplement income, the only thing sweeter would be if that check arrived more often. So what if I told you...
Morgan Stanley, Goldman Sachs Beat On Mixed Results
at Investor's Business Daily - Thu Apr 17, 12:01PM CDT
Morgan Stanley (MS) stock shot up more than 3% in morning trading after the investment bank reported better-than-expected earnings and improved trading results for the first quarter. But Goldman Sachs (GS) didn't fare as well after it reported...
Fifth Third Misses Earnings on Legal Charges - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 11:31AM CDT
Fifth Third Bancorp's first-quarter 2014 earnings per share came in at 36 cents, missing the Zacks Consensus Estimate by a nickel
Early Glance: Banks companies
AP - Thu Apr 17, 10:31AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Side-Step the Selling With These 5 Big-Name Trades
at The Street - Thu Apr 17, 10:27AM CDT
Here's a technical look at five high-volume stocks to trade this week.
New Research from Barlow Research Reveals the Importance of Configuring Your Mobile Banking Offering to the SOHO Segment
Business Wire - Thu Apr 17, 9:32AM CDT
A new research report from Barlow Research investigates the mobile opportunity in the small office/home office (SOHO) segment and makes comparisons across five major banks' mobile offerings: Wells Fargo, Bank of America, Chase, PNC and U.S. Bank.
The Unexpected Way Wells Fargo & Co Is Beating Citigroup Inc
Patrick Morris, The Motley Fool - Motley Fool - Thu Apr 17, 8:24AM CDT
With the latest earnings from Wells Fargo and Citigroup in the books, it may come as no surprise Wells Fargo topped Citigroup on a total earnings basis. But what may come as a surprise is one critical area in which Wells Fargo has begun to take...
Where the Money Is: April 15
Matt Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 8:11AM CDT
On Tuesday's edition of Where the Money Is , Motley Fool financial analyst Matt Koppenheffer takes a look at Citigroup 's big earnings beat, and JPMorgan 's earnings miss. Plus, a look at the strength of Wells Fargo 's deposit franchise and where...
Wall Street Gains - Free Research of Facebook, Yahoo, Wells Fargo, Bank of America, Micron, and Weatherford
PR Newswire - Thu Apr 17, 7:55AM CDT
Today, U.S. stock investors can access these reports through the links below, including stock performance, insider trading signals, and visual results. Insiderslab.com released the latest insider trading research for Facebook (NASDAQ:FB), Yahoo! (NASDAQ:YHOO), Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), Micron (NASDAQ:MU), and Weatherford (NYSE:WFT).
Post Earnings, Wells Fargo, JPMorgan, and Citigroup Are Looking Like Solid Buys
Bob Ciura, The Motley Fool - Motley Fool - Thu Apr 17, 6:10AM CDT
While economists and analysts fret over the state of the U.S. economy, the financial sector is doing extremely well. Big banks Wells Fargo and Citigroup delivered first-quarter earnings reports that surpassed expectations. JP Morgan Chase ...
Jim Cramer's 'Mad Money' Recap: Don't Blame the Companies
at The Street - Wed Apr 16, 7:20PM CDT
There's a lot wrong with this market but the companies are part of the solution, not the problem, Cramer asserts.
Here’s Where Wells Fargo Is Looking for Its Next Big Buy
Matt Koppenheffer, The Motley Fool - Motley Fool - 1 hr 21 mins ago
During the conference call from Wells Fargo this quarter, CEO John Stumpf discussed the continuing strength of the bank's deposit franchise, which saw total deposits grow $83.8 billion, or 8%. Even more importantly however was Wells Fargo's...
Are Visa and MasterCard About to Lose Their Competitive Position?
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Fri Apr 18, 6:09AM CDT
The vast payment networks that Visa and MasterCard hold in the payments space are unrivaled, and constitute a massive moat between them and other smaller players. But, could this deal with JPMorgan represent a shift for these payment network...
Wells Fargo and TD Bank Can Save Your Portfolio in the Coming Correction
Matthew Frankel, The Motley Fool - Motley Fool - Fri Apr 18, 6:00AM CDT
Does your portfolio jump or fall violently with every little news item? If it does, you might need to adjust your holdings to make sure you can comfortably ride out anything the market throws at you, especially with all of the "correction" talk in...
Final Glance: Banks companies
AP - Thu Apr 17, 5:01PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
US stock market ends higher as earnings pour in
By ALEX VEIGA - AP - Thu Apr 17, 4:57PM CDT
Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up.
SUPERVALU Completes Repricing and Amendment of Its $1.0 Billion Asset-Based Revolving Credit Facility
Business Wire - Thu Apr 17, 4:14PM CDT
SUPERVALU INC. (NYSE: SVU) today announced it has successfully completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the Company's inventory, credit card and certain other receivables and certain other assets. The amendment reduces the facility's interest rates to LIBOR plus 1.50 percent to 2.00 percent and prime plus 0.50 percent to 1.00 percent, depending on utilization. The amendment also eliminates the springing maturity provision that would have accelerated the revolving credit facility's maturity to 90 days prior to May 1, 2016 if more than $250 million of the Company's 8% senior notes remained outstanding as of that date. The springing maturity provision was replaced with a springing reserve provision that calls for a reserve to be placed against availability under the facility in the amount of any outstanding material indebtedness (as defined in the credit facility) that is due within 30 days of the date the reserve is established. In addition, the amendment also expands the ability to increase the Company's $1.5 billion senior secured term loan facility, subject to a secured leverage test, by up to $500 million (previously $250 million), subject to identifying term loan lenders or other institutional lenders willing to provide the additional loans and the satisfaction of certain terms and conditions. The amendment also contains modified covenants to give the Company additional strategic and operational flexibility and includes certain other non-material changes. Additionally, the maturity date of the revolving credit facility was extended by eleven months to February 2019.
Goldman Q1 Earnings Beat Ests, Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 2:30PM CDT
Following the slump in total net revenues, The Goldman Sachs Group, Inc.'s first-quarter 2014 earnings per share came in at $4.02, significantly below the year-ago figure of $4.29. However, it surpassed the Zacks Consensus Estimate of $3.43.
Morgan Stanley Keeps Earnings Streak Alive - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 12:50PM CDT
Morgan Stanley's earnings per share from continuing operations of 68 cents outpaced the Zacks Consensus Estimate and prior-year quarter figure of 60 cents, reflecting top-line growth.
The Bank That Does Just About Everything Right
Raymond Merola, The Motley Fool - Motley Fool - Thu Apr 17, 12:42PM CDT
Wells Fargo & Co. reported 2014 first-quarter earnings last Friday. Reading beyond the headlines, management described a banking institution with a business model and strategies that have the potential to make investors happy for a long time....
How You Can Grow Your Monthly Income With These 3 Dividend Stocks
Dave Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 12:15PM CDT
For income investors, there's no greater feeling then when that divided arrives in your account. In fact, for those depending on dividends to supplement income, the only thing sweeter would be if that check arrived more often. So what if I told you...
Morgan Stanley, Goldman Sachs Beat On Mixed Results
at Investor's Business Daily - Thu Apr 17, 12:01PM CDT
Morgan Stanley (MS) stock shot up more than 3% in morning trading after the investment bank reported better-than-expected earnings and improved trading results for the first quarter. But Goldman Sachs (GS) didn't fare as well after it reported...
Fifth Third Misses Earnings on Legal Charges - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 11:31AM CDT
Fifth Third Bancorp's first-quarter 2014 earnings per share came in at 36 cents, missing the Zacks Consensus Estimate by a nickel
Early Glance: Banks companies
AP - Thu Apr 17, 10:31AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Side-Step the Selling With These 5 Big-Name Trades
at The Street - Thu Apr 17, 10:27AM CDT
Here's a technical look at five high-volume stocks to trade this week.
New Research from Barlow Research Reveals the Importance of Configuring Your Mobile Banking Offering to the SOHO Segment
Business Wire - Thu Apr 17, 9:32AM CDT
A new research report from Barlow Research investigates the mobile opportunity in the small office/home office (SOHO) segment and makes comparisons across five major banks' mobile offerings: Wells Fargo, Bank of America, Chase, PNC and U.S. Bank.
The Unexpected Way Wells Fargo & Co Is Beating Citigroup Inc
Patrick Morris, The Motley Fool - Motley Fool - Thu Apr 17, 8:24AM CDT
With the latest earnings from Wells Fargo and Citigroup in the books, it may come as no surprise Wells Fargo topped Citigroup on a total earnings basis. But what may come as a surprise is one critical area in which Wells Fargo has begun to take...
Where the Money Is: April 15
Matt Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 8:11AM CDT
On Tuesday's edition of Where the Money Is , Motley Fool financial analyst Matt Koppenheffer takes a look at Citigroup 's big earnings beat, and JPMorgan 's earnings miss. Plus, a look at the strength of Wells Fargo 's deposit franchise and where...
Wall Street Gains - Free Research of Facebook, Yahoo, Wells Fargo, Bank of America, Micron, and Weatherford
PR Newswire - Thu Apr 17, 7:55AM CDT
Today, U.S. stock investors can access these reports through the links below, including stock performance, insider trading signals, and visual results. Insiderslab.com released the latest insider trading research for Facebook (NASDAQ:FB), Yahoo! (NASDAQ:YHOO), Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), Micron (NASDAQ:MU), and Weatherford (NYSE:WFT).
Post Earnings, Wells Fargo, JPMorgan, and Citigroup Are Looking Like Solid Buys
Bob Ciura, The Motley Fool - Motley Fool - Thu Apr 17, 6:10AM CDT
While economists and analysts fret over the state of the U.S. economy, the financial sector is doing extremely well. Big banks Wells Fargo and Citigroup delivered first-quarter earnings reports that surpassed expectations. JP Morgan Chase ...
Jim Cramer's 'Mad Money' Recap: Don't Blame the Companies
at The Street - Wed Apr 16, 7:20PM CDT
There's a lot wrong with this market but the companies are part of the solution, not the problem, Cramer asserts.
