Jim Cramer's 'Mad Money' Recap: Seeing a Double Standard in Market Valuations
at The Street - Tue Jul 21, 7:23PM CDT
Cramer says Apple is in a tug of war between the bull and bears, and the bears seem to be winning.
RH: 102.83 (-0.29), BLK: 351.82 (-1.28), UTX: 102.71 (-7.77), C: 59.10 (+0.25), RTH: 78.09 (-0.33), YRCW: 13.32 (+0.42), UPS: 97.96 (+0.37), YHOO: 39.73 (+0.19), INSY: 42.03 (+0.06), JPM: 69.10 (-0.16), IBM: 163.07 (-10.15), CMG: 673.07 (-4.93), AAPL: 130.75 (-1.32), MBLY: 60.57 (-0.48), AMBA: 118.18 (+0.46), GPRO: 62.04 (+1.24), WLL: 25.29 (+0.23), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), TIF: 93.90 (-0.10), MS: 40.08 (+0.04), NFLX: 112.51 (+1.96), AA: 10.23 (+0.03), GS: 211.50 (-0.89), JWN: 78.28 (-0.62), CVX: 93.90 (+0.96)
5 Hot Stocks To Bank On For Fastest Dividend Growth
at Investor's Business Daily - Tue Jul 21, 6:05PM CDT
Banks, poised to gain from higher interest rates, have already started climbing up the industry-group ranks. Why? Because when rates rise, banks can charge more for loans, which helps boost their bottom lines. Banks and other financials also account...
CME: 98.70 (-1.14), USB: 45.74 (-0.10), AMP: 127.64 (-0.65), WFC: 57.95 (-0.10), PNC: 99.20 (-0.33)
Regions Reports Q2 Earnings as Expected, Revenues Climb - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 1:45PM CDT
Regions Financial Corporation's (RF) second-quarter 2015 earnings from continuing operations came in at 20 cents per share, in line with the Zacks Consensus Estimate. Moreover, results compared unfavorably with the prior-year quarter earnings of 21 cents per share.
RF: 10.41 (+0.21), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
Banks for the Tech-Savvy Eliminate Everything But the Mobile App
at The Street - Tue Jul 21, 11:30AM CDT
App-only banks still have to convince prospective customers that their money is just as safe -- and just as real -- as it would be in a vault.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04)
U.S. Bank Names Mike Katz Puget Sound Market President
Business Wire - Tue Jul 21, 11:00AM CDT
U.S. Bank has named Mike Katz market president and head of commercial banking for the Puget Sound region, effective August 1. Katz succeeds Chris Heman, who is relocating out of the market later this summer.
USB: 45.74 (-0.10), WFC: 57.95 (-0.10)
Fifth Third Posts In-Line Earnings, Revenues Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 9:50AM CDT
Fifth Third Bancorp's (FITB) second-quarter 2015 earnings per share came in at 36 cents, in line with the Zacks Consensus Estimate.
FITB: 21.52 (+0.24), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
J.P. Morgan Is No. 1 on Institutional Investor's 2015 All-America Fixed-Income Research Team
Marketwired - Tue Jul 21, 8:35AM CDT
J.P. Morgan leads Institutional Investor's All-America Fixed-Income Research Team for a sixth year running, its analysts earning a place in 49 of the survey's 57 sectors that produced publishable results. That's an increase of one over last year's total.
JPM: 69.10 (-0.16), WFC: 57.95 (-0.10)
Hispanic Scholarship Fund Celebrates Its 2015 Class Of Scholars With The Help Of Wells Fargo
PR Newswire - Tue Jul 21, 8:00AM CDT
The Hispanic Scholarship Fund (HSF), the nation's largest not-for-profit organization supporting Hispanic American higher education, is planning to honor its 2015 Class of scholarship recipients, with the help of Wells Fargo, at Scholar Celebrations, nationwide.
WFC: 57.95 (-0.10)
Credit-card-processing.com compares Bank of America Merchant Services, Chase, Wells Fargo, Square Reader Merchant Services
M2 - Tue Jul 21, 7:30AM CDT
Merchant Services compares its credit card merchant services to those of Wells Fargo, Chase and Bank of America.
WFC: 57.95 (-0.10)
Bullish Banking Earnings Drive Up These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 6:30AM CDT
A great start to the earnings season put these financial ETFs in focus.
GS: 211.50 (-0.89), VFH: 51.47 (-0.09), JPM: 69.10 (-0.16), KBWB: 40.96 (+0.01), C: 59.10 (+0.25), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), IYG: 97.41 (-0.15), XLF: 25.39 (-0.03), MS: 40.08 (+0.04)
JPMorgan Hit Hardest Under Fed's $200 Billion Crisis-Prevention Plan
at The Street - Mon Jul 20, 5:30PM CDT
JPMorgan Chase will have to set aside the most capital reserves, about $66 billion, under a new Federal Reserve rule designed to help safeguard against another financial crisis.
STT: 79.95 (+0.15), GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), BK: 44.15 (+1.17), MS: 40.08 (+0.04)
Gold falls to lowest level in five years on dollar strength
By MARLEY JAY and STEVE ROTHWELL - AP - Mon Jul 20, 4:03PM CDT
NEW YORK (AP) — Investors are running out of reasons to own gold.
WFC: 57.95 (-0.10)
Fed directs 8 biggest US banks to hold extra capital
By MARCY GORDON - AP - Mon Jul 20, 3:11PM CDT
WASHINGTON (AP) — Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
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GE: 26.85 (-0.29), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Fitch to Rate Wells Fargo Commercial Mortgage Trust 2015-C30; Issues Presale
Business Wire - Mon Jul 20, 2:52PM CDT
Fitch Ratings has issued a presale report on Wells Fargo Commercial Mortgage Trust 2015-C30 commercial mortgage pass-through certificates.
WFC: 57.95 (-0.10)
Fed OKs $200 Bil Capital Cushion At Top 8 Banks
at Investor's Business Daily - Mon Jul 20, 2:35PM CDT
The Federal Reserve Board on Monday approved a final rule directing JPMorgan Chase (JPM) and seven other large U.S. banks to hold more equity capital at higher than current industry requirements. The move is designed to create a cushion against...
STT: 79.95 (+0.15), GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), BK: 44.15 (+1.17), MS: 40.08 (+0.04)
Wells Fargo (WFC) Approaches New Upside Target of $58.39
Comtex SmarTrend(R) - Mon Jul 20, 12:33PM CDT
Shares of Wells Fargo (NYSE:WFC) have bullishly opened above the pivot of $57.83 today and have reached the first resistance level of $58.16. Analysts will be watching for a cross of the next upside pivot targets of $58.39 and $58.95.
WFC: 57.95 (-0.10)
Blue Buffalo Pet Products Set For Mouthwatering IPO This Week - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Mon Jul 20, 11:32AM CDT
Blue Buffalo Pet Products is set to price its IPO Tuesday, with public trade beginning on Wednesday.
BCS: 17.51 (+0.04), JPM: 69.10 (-0.16), C: 59.10 (+0.25), DB: 33.40 (-0.03), WFC: 57.95 (-0.10), MS: 40.08 (+0.04)
Wells Fargo Insurance Names Chris Calvert Head of Client Experience
Business Wire - Mon Jul 20, 8:30AM CDT
In an ongoing effort to enhance customer service, Wells Fargo Insurance, part of Wells Fargo & Company (NYSE: WFC), has named company veteran Chris Calvert head of its newly established Client Experience team. Calvert will lead a team focused on strengthening customer service across all segments of the company's insurance distribution business, including the Insurance Brokerage and Consulting (IBC) and the Personal and Small Business Insurance (PSBI) division. She is based in Highlands Ranch, CO, and reports to Todd Wartchow, head of Insurance Strategy and Analytics.
WFC: 57.95 (-0.10)
The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, U.S. Bancorp, Citigroup and Wells Fargo - Press Releases
Zacks Equity Research - Zacks Investment Research - Mon Jul 20, 8:30AM CDT
The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, U.S. Bancorp, Citigroup and Wells Fargo
JPM: 69.10 (-0.16), USB: 45.74 (-0.10), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04)