Final Glance: Banks companies
AP - Tue Jul 29, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Midday Glance: Banks companies
AP - Tue Jul 29, 12:29PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
3 Financial Stocks Nudging The Sector Higher
at The Street - Tue Jul 29, 12:02PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.
Windstream Surges on Planned Split
at The Street - Tue Jul 29, 10:50AM CDT
Arkansas telecom will spin off its fiber and copper network assets into a new REIT, others may follow suit.
Early Glance: Banks companies
AP - Tue Jul 29, 10:28AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Javelin Reveals 2014 Digital Banking Experience Leaders
Business Wire - Tue Jul 29, 7:20AM CDT
Javelin Strategy & Research's semiannual benchmarking study, Outperform, has revealed that Bank of America, Chase, Citibank, and Wells Fargo are digital banking leaders among the top 20 retail banks. But more surprising is that regional providers -- SunTrust and Regions Bank -- scored top customer-satisfaction positions alongside the giant banks.
Wells Fargo (WFC) Crosses Pivot Point Support at $51.47
Comtex SmarTrend(R) - Mon Jul 28, 11:42AM CDT
Shares of Wells Fargo (NYSE:WFC) opened today below their pivot of $51.62 and have already reached the first level of support at $51.47. Should the shares continue to fall, the support pivots of $51.34 and $51.06 will be of interest.
Fitch: US Student Loan Sales May Raise ABS Servicer Risk
Business Wire - Mon Jul 28, 11:34AM CDT
Bank sales of Federal Family Education Loan Program (FFELP) loan portfolios could increase ABS issuance and intensify risks for small, not-for-profit (NFP) servicers and bondholders, Fitch Ratings says. Wells Fargo & Company transferred its entire $9.7 billion FFELP loan portfolio to held-for-sale during the second quarter. And CIT Group sold its $3.6 billion portfolio to Nelnet in April.
Fitch to Upgrade L-T & S-T Ratings to 'AA-/F1+' on $50MM Clark Co, NV IRBs, Ser 2003A
Business Wire - Mon Jul 28, 9:45AM CDT
On the effective date of July 30, 2014, Fitch Ratings will upgrade the long- and short-term ratings to 'AA-/F1+', Stable Outlook from 'A+/F1', Stable Outlook assigned to the $50,000,000 Clark County, Nevada Industrial Development revenue bonds (Southwest Gas Corporation Project) series 2003A. The rating action is in connection with: (i) the substitution of the irrevocable direct-pay letter of credit (LOC) previously provided by JPMorgan Chase Bank, N.A. (rated 'A+/F1' Stable Outlook) with a substitute LOC to be issued by Wells Fargo Bank, N.A. (Wells Fargo, rated 'AA-/F1+', Stable Outlook); and (ii) the mandatory tender of the bonds, which will occur on July 30, 2014.
$25 Billion Deal and JPMorgan Stumble to Aid of Bronx Homeowner
at The Street - Mon Jul 28, 8:32AM CDT
The mortgage settlement with JPMorgan and four other banks included very little cash and led one Bronx woman down a circuitous, two-year path before her loan could be modified.
The Zacks Analyst Blog Highlights: Regions Financial, Federal National Mortgage Association, Wells Fargo, JPMorgan Chase and AbbVie
PR Newswire - Mon Jul 28, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Regions Financial Corporation (NYSE:RF-Free Report), Federal National Mortgage Association (OTCBB:FNMA-Free Report), Wells Fargo & Company (NYSE:WFC-Free Report), JPMorgan Chase & Co. (NYSE:JPM-Free Report) and AbbVie Inc. (NYSE:ABBV-Free Report).
Warren Buffett’s Biggest Mistake Changed His Life
Rex Moore, The Motley Fool - Motley Fool - Sun Jul 27, 6:31AM CDT
Warren Buffett and Charlie Munger have piloted Berkshire Hathaway to a market-crushing performance over the years. As veteran Berkshire watchers know very well, there's no big secret to this dynamic duo's success. Buffett shares his knowledge...
Regions Bank (RF) Joins Fannie Mae (FNMA) DUS Lenders Network - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 25, 4:15PM CDT
Regions Financial Corporation's (RF) core banking subsidiary, Regions Bank, now stands listed among the 24 Fannie Mae Delegated Underwriting and Servicing ('DUS'
Wells Fargo Advantage Closed-End Funds Declare Monthly Dividends
Business Wire - Fri Jul 25, 3:05PM CDT
The Wells Fargo Advantage Income Opportunities Fund (NYSE MKT: EAD), the Wells Fargo Advantage Multi-Sector Income Fund (NYSE MKT: ERC), and the Wells Fargo Advantage Utilities and High Income Fund (NYSE MKT: ERH) each announced today its dividend declaration.
Alternative funds are drawing dollars, questions
AP - Fri Jul 25, 2:05PM CDT
NEW YORK (AP) — They're hot, yet many investors have no idea what they do.
Wells Fargo is Losing Speed in Auto Lending
Jessica Alling, The Motley Fool - Motley Fool - Fri Jul 25, 1:06PM CDT
Wells Fargo is one of the biggest auto lenders in the industry. But its market share could be at risk as captive finance companies seek a come back with a vengeance. Thanks to rising leasing trends, new vehicle sales, and shifting credit scores,...
Wells Fargo Named Corporate Chair for USHCC National Convention
Business Wire - Fri Jul 25, 10:24AM CDT
The United States Hispanic Chamber of Commerce (USHCC) has announced Wells Fargo as the corporate chair of its upcoming National Convention, set to take place September 21-23, 2014 in downtown Salt Lake City, UT. The annual convention is a premier event for America's small business community, convening thousands of Hispanic business owners, corporate executives, elected officials, and representatives from local chambers and business associations throughout the country.