Tuesday 7-8-2014 Wells Fargo & Company (WFC) $WFC opened at 52.30 hitting the high price of 52.45 and a day low of 52.10 with a total volume of 16,528,223. WFC had a previous close of 52.50 and has been seeing an average volume of 14,354,415.
Overall Average: 32% Buy
Recent stock forum discussions about WFC http://investorshangout.com/search?q=WFC&...mp;yt0=Go!
Midday Glance: Banks companies
AP - 2 hrs 52 mins ago
NEW YORK (AP) — Shares of some top banks companies are down at 1 p.m.: (full story)
Alcoa, Family Dollar, Wells Fargo Kick Off Second-Quarter Earnings
at The Street - Tue Jul 08, 11:44AM CDT
Former Dow component Alcoa starts the first full week of second quarter earnings along with Bob Evans, WD 40, Family Dollar and Wells Fargo. (full story)
Early Glance: Banks companies
AP - Tue Jul 08, 9:30AM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.: (full story)
Stock Market News for July 08, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Tue Jul 08, 9:06AM CDT
Benchmarks settled in the red on Monday as investors refrained from placing big bets ahead of the second-quarter earnings season (full story)
Wells Fargo (WFC) Crosses Pivot Point Support at $52.31
Comtex SmarTrend(R) - Tue Jul 08, 9:02AM CDT
Shares of Wells Fargo (NYSE:WFC) opened today below their pivot of $52.64 and have already reached the first level of support at $52.31. Investors may be interested in a cross of the next downside pivot targets of $52.11 and $51.58. (full story)
USHCC Foundation to Receive Proclamation from Florida Delegation for Empowering Small Businesses
GlobeNewswire - Tue Jul 08, 8:24AM CDT
The United States Hispanic Chamber of Commerce (USHCC) Foundation will receive a proclamation from the state of Florida declaring July 8th as "USHCC Foundation Day in Miami." The proclamation will be issued at the USHCC Foundation's "Celebrating America's Business Future" networking reception on July 8th, 2014 at the Miami Marriott Biscayne Bay. Mayor Carlos Gimenez, members of the Florida state delegation, and business icons such as BVKmeka's Herman Echevarria and Mastec's Jose Mas will be in attendance. (full story)
3 Risks Wells Fargo & Co Investors Should Watch Out For
Dan Caplinger, The Motley Fool - Motley Fool - Tue Jul 08, 7:49AM CDT
Wells Fargo has a strong reputation for excellence in the financial industry, and investors are looking forward to seeing more positive results from the bank when it releases its latest quarterly results on Friday. Even though the financial giant... (full story)
GOBankingRates Reveals Why Many People Are Wrong About Big Banks Like Wells Fargo and Bank of America
PR Newswire - Tue Jul 08, 6:15AM CDT
Following an April 2014 Nielsen survey that found Main Street approval of big banks like Wells Fargo and Bank of America has nearly doubled in the last two years, GOBankingRates, a leading personal finance website, investigated how big banks have positively impacted their local communities, economies and customers. (full story)
'Fast Money' Recap: Focusing on Apple
at The Street - Tue Jul 08, 4:00AM CDT
The trading panel looked at technology and financial stocks and discussed what the higher TSA tax could mean for airlines. (full story)
FSIC Prices Public Offering of $400 Million 4.000% Notes Due 2019
PR Newswire - Mon Jul 07, 4:57PM CDT
FS Investment Corporation (NYSE: FSIC) announced that it has priced an underwritten public offering of $400 million in aggregate principal amount of its 4.000% unsecured notes due 2019. The notes will mature on July 15, 2019 and may be redeemed in whole or in part at FSIC's option at any time at par plus a "make-whole" premium, if applicable. The offering is expected to close on July 14, 2014, subject to customary closing conditions. (full story)
Business Highlights
By The Associated Press - AP - Mon Jul 07, 4:49PM CDT
___ (full story)
Report: Homeowners paid $3.1B cash in settlement
AP - Mon Jul 07, 5:31PM CDT
WASHINGTON (AP) — A new report says homeowners have received about $3.1 billion in cash under a federal settlement with 13 big banks over alleged misconduct in processing mortgages that may have resulted in wrongful foreclosures. (full story)
Stocks End Near Lows In Mixed Volume As Earnings Loom
at Investor's Business Daily - Mon Jul 07, 3:25PM CDT
Stocks ended near their session lows Monday, with the Dow Jones industrial average and the S&P 500 retreating from record highs, as investors await quarterly earnings reports. The Nasdaq dropped 0.8%, its biggest loss since June 12. The S&P 500 and... (full story)
Stock Market Today: Stocks' Record Run Ends on Eve of Earnings Season
at The Street - Mon Jul 07, 3:17PM CDT
Though expectations are for a better quarter than the last, U.S. benchmark indices fall after a record-breaking run to close out last week. (full story)
Eros International Plc Launches Follow-On Equity Offering
Business Wire - Mon Jul 07, 3:01PM CDT
Eros International Plc (NYSE:EROS) ("Eros"
, a leading global company in the Indian film entertainment industry, today announced that it has commenced an underwritten public offering of 7,000,000 A ordinary shares. The offering is expected to consist of 6,675,000 A ordinary shares to be offered by Eros and 325,000 A ordinary shares to be offered by certain existing shareholders. Eros will not receive any proceeds from the sale of shares by the selling shareholders. In addition, Eros and a selling shareholder have each granted the underwriters a 30-day option to purchase up to an additional 525,000 A ordinary shares (1,050,000 in total) at the offering price less underwriting discounts and commissions. (full story)
Major Regional Banks Stock Roundup: SunTrust and U.S. Bancorp in Focus for Settlements - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 07, 1:31PM CDT
Major banks' efforts to settle mortgage lawsuits remained the key trend in the last five trading days. The notion of these settlements curtailing further legal costs spread some positivity. (full story)
1 Critical Thing to Watch at Bank of America Corp, Citigroup Inc, and Wells Fargo & Co
Patrick Morris, The Motley Fool - Motley Fool - Mon Jul 07, 10:14AM CDT
With the calendar turned to July, the second quarter is officially in the books. And with earnings season just around the corner, there is one thing investors must watch when Bank of America , Citigroup , and Wells Fargo announce earnings. ... (full story)
Wells Fargo Up 25.3% Since SmarTrend Uptrend Call (WFC)
Comtex SmarTrend(R) - Mon Jul 07, 9:54AM CDT
SmarTrend identified an Uptrend for Wells Fargo (NYSE:WFC) on October 16th, 2013 at $42.19. In approximately 9 months, Wells Fargo has returned 25.31% as of today's recent price of $52.87. (full story)
Stocks Sink Quietly At Open; Upgrade Boosts Applied Materials
at Investor's Business Daily - Mon Jul 07, 9:40AM CDT
Stocks sagged into a slow open Monday, with second-quarter earnings season just around the bend. The Dow Jones industrial average, Nasdaq and the S&P 500 fell 0.2% each. The stock market today got off to a quiet start, with volume down sharply on... (full story)
Banks' Earnings Season: Wells Fargo Leads the Way
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Mon Jul 07, 9:15AM CDT
After settling at (yet another) all-time high during Thursday's pre-holiday trading, U.S stocks are slightly lower on Monday morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average down 0.2% and 0.22%, respectively,... (full story)
Overall Average: 32% Buy
Recent stock forum discussions about WFC http://investorshangout.com/search?q=WFC&...mp;yt0=Go!
Midday Glance: Banks companies
AP - 2 hrs 52 mins ago
NEW YORK (AP) — Shares of some top banks companies are down at 1 p.m.: (full story)
Alcoa, Family Dollar, Wells Fargo Kick Off Second-Quarter Earnings
at The Street - Tue Jul 08, 11:44AM CDT
Former Dow component Alcoa starts the first full week of second quarter earnings along with Bob Evans, WD 40, Family Dollar and Wells Fargo. (full story)
Early Glance: Banks companies
AP - Tue Jul 08, 9:30AM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.: (full story)
Stock Market News for July 08, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Tue Jul 08, 9:06AM CDT
Benchmarks settled in the red on Monday as investors refrained from placing big bets ahead of the second-quarter earnings season (full story)
Wells Fargo (WFC) Crosses Pivot Point Support at $52.31
Comtex SmarTrend(R) - Tue Jul 08, 9:02AM CDT
Shares of Wells Fargo (NYSE:WFC) opened today below their pivot of $52.64 and have already reached the first level of support at $52.31. Investors may be interested in a cross of the next downside pivot targets of $52.11 and $51.58. (full story)
USHCC Foundation to Receive Proclamation from Florida Delegation for Empowering Small Businesses
GlobeNewswire - Tue Jul 08, 8:24AM CDT
The United States Hispanic Chamber of Commerce (USHCC) Foundation will receive a proclamation from the state of Florida declaring July 8th as "USHCC Foundation Day in Miami." The proclamation will be issued at the USHCC Foundation's "Celebrating America's Business Future" networking reception on July 8th, 2014 at the Miami Marriott Biscayne Bay. Mayor Carlos Gimenez, members of the Florida state delegation, and business icons such as BVKmeka's Herman Echevarria and Mastec's Jose Mas will be in attendance. (full story)
3 Risks Wells Fargo & Co Investors Should Watch Out For
Dan Caplinger, The Motley Fool - Motley Fool - Tue Jul 08, 7:49AM CDT
Wells Fargo has a strong reputation for excellence in the financial industry, and investors are looking forward to seeing more positive results from the bank when it releases its latest quarterly results on Friday. Even though the financial giant... (full story)
GOBankingRates Reveals Why Many People Are Wrong About Big Banks Like Wells Fargo and Bank of America
PR Newswire - Tue Jul 08, 6:15AM CDT
Following an April 2014 Nielsen survey that found Main Street approval of big banks like Wells Fargo and Bank of America has nearly doubled in the last two years, GOBankingRates, a leading personal finance website, investigated how big banks have positively impacted their local communities, economies and customers. (full story)
'Fast Money' Recap: Focusing on Apple
at The Street - Tue Jul 08, 4:00AM CDT
The trading panel looked at technology and financial stocks and discussed what the higher TSA tax could mean for airlines. (full story)
FSIC Prices Public Offering of $400 Million 4.000% Notes Due 2019
PR Newswire - Mon Jul 07, 4:57PM CDT
FS Investment Corporation (NYSE: FSIC) announced that it has priced an underwritten public offering of $400 million in aggregate principal amount of its 4.000% unsecured notes due 2019. The notes will mature on July 15, 2019 and may be redeemed in whole or in part at FSIC's option at any time at par plus a "make-whole" premium, if applicable. The offering is expected to close on July 14, 2014, subject to customary closing conditions. (full story)
Business Highlights
By The Associated Press - AP - Mon Jul 07, 4:49PM CDT
___ (full story)
Report: Homeowners paid $3.1B cash in settlement
AP - Mon Jul 07, 5:31PM CDT
WASHINGTON (AP) — A new report says homeowners have received about $3.1 billion in cash under a federal settlement with 13 big banks over alleged misconduct in processing mortgages that may have resulted in wrongful foreclosures. (full story)
Stocks End Near Lows In Mixed Volume As Earnings Loom
at Investor's Business Daily - Mon Jul 07, 3:25PM CDT
Stocks ended near their session lows Monday, with the Dow Jones industrial average and the S&P 500 retreating from record highs, as investors await quarterly earnings reports. The Nasdaq dropped 0.8%, its biggest loss since June 12. The S&P 500 and... (full story)
Stock Market Today: Stocks' Record Run Ends on Eve of Earnings Season
at The Street - Mon Jul 07, 3:17PM CDT
Though expectations are for a better quarter than the last, U.S. benchmark indices fall after a record-breaking run to close out last week. (full story)
Eros International Plc Launches Follow-On Equity Offering
Business Wire - Mon Jul 07, 3:01PM CDT
Eros International Plc (NYSE:EROS) ("Eros"
, a leading global company in the Indian film entertainment industry, today announced that it has commenced an underwritten public offering of 7,000,000 A ordinary shares. The offering is expected to consist of 6,675,000 A ordinary shares to be offered by Eros and 325,000 A ordinary shares to be offered by certain existing shareholders. Eros will not receive any proceeds from the sale of shares by the selling shareholders. In addition, Eros and a selling shareholder have each granted the underwriters a 30-day option to purchase up to an additional 525,000 A ordinary shares (1,050,000 in total) at the offering price less underwriting discounts and commissions. (full story) Major Regional Banks Stock Roundup: SunTrust and U.S. Bancorp in Focus for Settlements - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 07, 1:31PM CDT
Major banks' efforts to settle mortgage lawsuits remained the key trend in the last five trading days. The notion of these settlements curtailing further legal costs spread some positivity. (full story)
1 Critical Thing to Watch at Bank of America Corp, Citigroup Inc, and Wells Fargo & Co
Patrick Morris, The Motley Fool - Motley Fool - Mon Jul 07, 10:14AM CDT
With the calendar turned to July, the second quarter is officially in the books. And with earnings season just around the corner, there is one thing investors must watch when Bank of America , Citigroup , and Wells Fargo announce earnings. ... (full story)
Wells Fargo Up 25.3% Since SmarTrend Uptrend Call (WFC)
Comtex SmarTrend(R) - Mon Jul 07, 9:54AM CDT
SmarTrend identified an Uptrend for Wells Fargo (NYSE:WFC) on October 16th, 2013 at $42.19. In approximately 9 months, Wells Fargo has returned 25.31% as of today's recent price of $52.87. (full story)
Stocks Sink Quietly At Open; Upgrade Boosts Applied Materials
at Investor's Business Daily - Mon Jul 07, 9:40AM CDT
Stocks sagged into a slow open Monday, with second-quarter earnings season just around the bend. The Dow Jones industrial average, Nasdaq and the S&P 500 fell 0.2% each. The stock market today got off to a quiet start, with volume down sharply on... (full story)
Banks' Earnings Season: Wells Fargo Leads the Way
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Mon Jul 07, 9:15AM CDT
After settling at (yet another) all-time high during Thursday's pre-holiday trading, U.S stocks are slightly lower on Monday morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average down 0.2% and 0.22%, respectively,... (full story)
