Wells Fargo & Company (WFC) 50.78 $WFC
Why Warren Buffett Loves When His Stocks Plummet
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Sun Jun 01, 10:46AM CDT
"We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to...
Annual Warren Buffett lunch auction begins Sunday
By JOSH FUNK - AP - Sun Jun 01, 9:43AM CDT
OMAHA, Neb. (AP) — Before billionaire businessman Warren Buffett started auctioning off private lunches to benefit the Glide Foundation, he was skeptical of the San Francisco charity where his first wife was volunteering.
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
Final Glance: Banks companies
AP - Fri May 30, 5:05PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Fitch Rates Eastern Municipal Water District, CA's 2014A Bank Bonds 'AA'; Outlook Stable
Business Wire - Fri May 30, 4:01PM CDT
Fitch Ratings assigns an 'AA' rating to $48.6 million of bank bonds associated with Eastern Municipal Water District, California's (the district) series 2014A variable-rate subordinate water and sewer revenue refunding bonds (the bonds), should the bonds ever be held by the liquidity provider.
Wells Fargo will pay $62.5M to settle lawsuit
AP - Fri May 30, 3:59PM CDT
NEW YORK (AP) — Wells Fargo will pay $62.5 million to settle a lawsuit brought by a Michigan retirement plan that said the bank invested its money in securities that lost value, according to court documents.
Wells Fargo Rises 1.01% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Fri May 30, 3:41PM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $50.32 to a high of $50.82. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $50.70 on volume of 15.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Is Walmart America the Last Bastion of Cheap Retail Banking?
at The Street - Fri May 30, 12:57PM CDT
On the banks of the Mississippi, where people are free from Bank of America and Wells Fargo, they stand to be captive to Walmart.
Midday Glance: Banks companies
AP - Fri May 30, 12:19PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
It's Spring, Interest Rates are Low, and Buyers Aren't Buying. What Gives?
Jay Jenkins, The Motley Fool - Motley Fool - Fri May 30, 12:06PM CDT
With one month left in the second quarter, the Dow Jones Industrial Average has recovered from its winter woes to post a near-flat 0.5% year-to-date gain. That 0.5% compares to the blue-chip index's steady 24% climb higher in 2013. In early...
3 Stocks Moving The Financial Sector Upward
at The Street - Fri May 30, 12:02PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.
Wells Fargo to Settle $62.5M Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 30, 9:50AM CDT
Wells Fargo & Company (WFC) is set to end a class action lawsuit filed in 2010 by paying $62.5 million, according to a Reuters report
Early Glance: Banks companies
AP - Fri May 30, 9:29AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Strategic Hotels & Resorts, Inc. Announces Closing Of A Seven-Year, $120 Million Loan Secured By The Loews Santa Monica Beach Hotel
PR Newswire - Fri May 30, 8:57AM CDT
Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that it has closed a $120.0 million limited recourse loan secured by the Loews Santa Monica Beach Hotel. This new financing replaces the $108.0 million financing previously encumbering the property. Under the terms of the agreement, the loan bears interest at a floating rate of LIBOR plus 255 basis points and has a three-year initial term with four, one-year extension options available to the Company upon satisfying certain financial and other conditions. Wells Fargo Bank originated the financing.
Wells Fargo to Present at the 2014 Morgan Stanley Financials Conference
Business Wire - Thu May 29, 7:02PM CDT
Wells Fargo & Company (NYSE:WFC) said today that Chief Financial Officer John Shrewsberry will participate at the 2014 Morgan Stanley Financials Conference in New York on Tuesday, June 10, at 9:45 a.m. EDT (6:45 a.m. PDT).
Wells Fargo's Legal Woes Persist - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 3:00PM CDT
The U.S. District Judge, Otis Wright II in Los Angeles rescinded the bid filed by Wells Fargo & Company (WFC) regarding the dismissal of a lawsuit charged against the bank by Los Angeles City.
Dismal 1Q Earnings for FDIC-Insured Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 9:40AM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2014 earnings of $37.2 billion, lagging the year-ago earnings of $40.3 billion by 7.6%.
Financial Advisor Keith Karnes of Wells Fargo Advisors, LLC Honored with the 2014 Five Star Wealth Manager Award
PRWeb - Thu May 29, 9:19AM CDT
Five Star Professional is pleased to announce Keith Karnes, Wells Fargo Advisors, LLC, has been chosen as one of Dallas/Fort Worth 2014 Five Star Wealth Managers.
Distressed Asset Resolutions' 2014 Industry Short Sale Roundtable Scores Huge Success
Marketwire - Thu May 29, 8:31AM CDT
Distressed Asset Resolution (D.A.R.), a national default service provider and advisory firm to homeowners, realtors, law firms and the real estate finance industry, today recapped their successful Spring 2014 Short Sale Roundtable.
Wells Fargo, NAACP, National Urban League to Host Housing Forums for Aspiring Homeowners During National Homeownership Month
Business Wire - Thu May 29, 8:01AM CDT
Wells Fargo (NYSE: WFC), the National Association for the Advancement of Colored People (NAACP) and National Urban League have announced a joint effort to host housing forums in nine select markets across the country during National Homeownership Month in June. The forums will provide aspiring homeowners with information and resources to help navigate the path to homeownership successfully.
Why Warren Buffett Loves When His Stocks Plummet
Adam Levine-Weinberg, The Motley Fool - Motley Fool - Sun Jun 01, 10:46AM CDT
"We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to...
Annual Warren Buffett lunch auction begins Sunday
By JOSH FUNK - AP - Sun Jun 01, 9:43AM CDT
OMAHA, Neb. (AP) — Before billionaire businessman Warren Buffett started auctioning off private lunches to benefit the Glide Foundation, he was skeptical of the San Francisco charity where his first wife was volunteering.
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
Final Glance: Banks companies
AP - Fri May 30, 5:05PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Fitch Rates Eastern Municipal Water District, CA's 2014A Bank Bonds 'AA'; Outlook Stable
Business Wire - Fri May 30, 4:01PM CDT
Fitch Ratings assigns an 'AA' rating to $48.6 million of bank bonds associated with Eastern Municipal Water District, California's (the district) series 2014A variable-rate subordinate water and sewer revenue refunding bonds (the bonds), should the bonds ever be held by the liquidity provider.
Wells Fargo will pay $62.5M to settle lawsuit
AP - Fri May 30, 3:59PM CDT
NEW YORK (AP) — Wells Fargo will pay $62.5 million to settle a lawsuit brought by a Michigan retirement plan that said the bank invested its money in securities that lost value, according to court documents.
Wells Fargo Rises 1.01% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Fri May 30, 3:41PM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $50.32 to a high of $50.82. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $50.70 on volume of 15.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Is Walmart America the Last Bastion of Cheap Retail Banking?
at The Street - Fri May 30, 12:57PM CDT
On the banks of the Mississippi, where people are free from Bank of America and Wells Fargo, they stand to be captive to Walmart.
Midday Glance: Banks companies
AP - Fri May 30, 12:19PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
It's Spring, Interest Rates are Low, and Buyers Aren't Buying. What Gives?
Jay Jenkins, The Motley Fool - Motley Fool - Fri May 30, 12:06PM CDT
With one month left in the second quarter, the Dow Jones Industrial Average has recovered from its winter woes to post a near-flat 0.5% year-to-date gain. That 0.5% compares to the blue-chip index's steady 24% climb higher in 2013. In early...
3 Stocks Moving The Financial Sector Upward
at The Street - Fri May 30, 12:02PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.
Wells Fargo to Settle $62.5M Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 30, 9:50AM CDT
Wells Fargo & Company (WFC) is set to end a class action lawsuit filed in 2010 by paying $62.5 million, according to a Reuters report
Early Glance: Banks companies
AP - Fri May 30, 9:29AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Strategic Hotels & Resorts, Inc. Announces Closing Of A Seven-Year, $120 Million Loan Secured By The Loews Santa Monica Beach Hotel
PR Newswire - Fri May 30, 8:57AM CDT
Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that it has closed a $120.0 million limited recourse loan secured by the Loews Santa Monica Beach Hotel. This new financing replaces the $108.0 million financing previously encumbering the property. Under the terms of the agreement, the loan bears interest at a floating rate of LIBOR plus 255 basis points and has a three-year initial term with four, one-year extension options available to the Company upon satisfying certain financial and other conditions. Wells Fargo Bank originated the financing.
Wells Fargo to Present at the 2014 Morgan Stanley Financials Conference
Business Wire - Thu May 29, 7:02PM CDT
Wells Fargo & Company (NYSE:WFC) said today that Chief Financial Officer John Shrewsberry will participate at the 2014 Morgan Stanley Financials Conference in New York on Tuesday, June 10, at 9:45 a.m. EDT (6:45 a.m. PDT).
Wells Fargo's Legal Woes Persist - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 3:00PM CDT
The U.S. District Judge, Otis Wright II in Los Angeles rescinded the bid filed by Wells Fargo & Company (WFC) regarding the dismissal of a lawsuit charged against the bank by Los Angeles City.
Dismal 1Q Earnings for FDIC-Insured Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 29, 9:40AM CDT
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported first-quarter 2014 earnings of $37.2 billion, lagging the year-ago earnings of $40.3 billion by 7.6%.
Financial Advisor Keith Karnes of Wells Fargo Advisors, LLC Honored with the 2014 Five Star Wealth Manager Award
PRWeb - Thu May 29, 9:19AM CDT
Five Star Professional is pleased to announce Keith Karnes, Wells Fargo Advisors, LLC, has been chosen as one of Dallas/Fort Worth 2014 Five Star Wealth Managers.
Distressed Asset Resolutions' 2014 Industry Short Sale Roundtable Scores Huge Success
Marketwire - Thu May 29, 8:31AM CDT
Distressed Asset Resolution (D.A.R.), a national default service provider and advisory firm to homeowners, realtors, law firms and the real estate finance industry, today recapped their successful Spring 2014 Short Sale Roundtable.
Wells Fargo, NAACP, National Urban League to Host Housing Forums for Aspiring Homeowners During National Homeownership Month
Business Wire - Thu May 29, 8:01AM CDT
Wells Fargo (NYSE: WFC), the National Association for the Advancement of Colored People (NAACP) and National Urban League have announced a joint effort to host housing forums in nine select markets across the country during National Homeownership Month in June. The forums will provide aspiring homeowners with information and resources to help navigate the path to homeownership successfully.
