Wells Fargo & Company (WFC) 58.21 $WFC
SEI Extends Long-Term Relationship With Wells Fargo
Marketwired - Thu Jul 23, 8:00AM CDT
SEI (NASDAQ: SEIC) today announced that Wells Fargo will adopt the SEI Wealth Platform (the Platform), SEI's next-generation, wealth management technology solution. The Platform is an integrated solution designed to support client relationship management including front-, middle-, and back-office fiduciary investment and account administration processing services.
SEIC: 52.49 (-0.45), WFC: 58.21 (-0.31)
Wells Fargo Launches New Innovation Group
Business Wire - Thu Jul 23, 8:00AM CDT
Wells Fargo (NYSE:WFC), long a leader in delivering innovative products, services, and technology to its customers, today announced the formation of a new Innovation Group, which will work in partnership with its major businesses to meet evolving customer needs and stay ahead of the shifting competitive landscape. Steve Ellis, who had served as the head of Wholesale Services, has been named the leader of the new group. Ellis reports to Hope Hardison, who will assume the role of chief administrative officer (CAO) when Pat Callahan retires August 31. The CAO group now includes Human Resources, Corporate Communications, Enterprise Marketing, Government and Community Relations, and the Innovation Group.
WFC: 58.21 (-0.31)
Asia stocks higher, NZ dollar surges after small rate cut
By YURI KAGEYAMA - AP - Wed Jul 22, 11:05PM CDT
TOKYO (AP) — Asian stock markets were mostly higher Thursday after Greece passed another bailout hurdle and New Zealand cut interest rates.
1 Comment
WFC: 58.21 (-0.31)
MCBC Holdings, Inc. Announces Closing of Initial Public Offering
GlobeNewswire - Wed Jul 22, 6:20PM CDT
MCBC Holdings, Inc. (Nasdaq:MCFT), today announced the closing of its initial public offering of 6,071,429 shares of common stock at a price to the public of $15.00 per share. The shares began trading on The Nasdaq Global Market on July 17, 2015 under the symbol "MCFT." The underwriters have also delivered notice that they intend to exercise their option to purchase up to an additional 910,714 shares of common stock from certain selling stockholders.
MCFT: 15.67 (+0.02), WFC: 58.21 (-0.31)
Renewable Energy Group Expands Wells Fargo Line of Credit to $60 Million
Business Wire - Wed Jul 22, 3:45PM CDT
Renewable Energy Group, Inc. (NASDAQ:REGI) announced today that it has expanded its line of credit agreement with Wells Fargo Capital Finance, LLC from $40 million to $60 million.
REGI: 10.63 (-0.13), WFC: 58.21 (-0.31)
Wells Fargo Becomes World's Most Valuable Bank - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Wed Jul 22, 2:12PM CDT
With its market cap heading towards a record $300 billion, Wells Fargo has surpassed the ICBC as the world's most valuable bank.
JPM: 69.64 (-0.44), C: 59.87 (-0.47), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31)
Northern Trust (NTRS) Q2 Earnings Beat as Revenues Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 22, 9:47AM CDT
Driven by strong top-line growth, Northern Trust Corporation (NTRS) posted a positive earnings surprise of 5.2% in the second quarter of 2015. Earnings per share came in at $1.01, significantly beating the Zacks Consensus Estimate of 96 cents.
NTRS: 78.00 (+0.03), JPM: 69.64 (-0.44), USB: 45.66 (-0.29), WFC: 58.21 (-0.31)
4 Warren Buffett Dividend Stocks Jim Cramer Also Owns
at The Street - Wed Jul 22, 9:25AM CDT
Both Warren Buffett and Jim Cramer own these dividend stocks. Should you too?
JNJ: 100.20 (+0.02), GM: 31.50 (+1.20), WFC: 58.21 (-0.31), MA: 95.16 (-1.72)
Market Momentum on Money Center Banks Stocks -- Wells Fargo, JP Morgan Chase, ICICI Bank, Bank of Nova Scotia, and Bank of Montreal
PR Newswire - Wed Jul 22, 8:10AM CDT
Equity Research Institute has initiated coverage on the following equities: Wells Fargo and Company (NYSE: WFC), JP Morgan Chase and Company (NYSE: JPM), ICICI Bank Ltd (NYSE: IBN), The Bank of Nova Scotia (NYSE: BNS), and Bank of Montreal (NYSE: BMO). Free research report on Wells Fargo can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=WFC On Tuesday, July 21, 2015, the NASDAQ Composite ended at 5,208.12, down 0.21%, the Dow Jones Industrial Average declined 1.00%, to finish the day at 17,919.29, and the S&P 500 closed at 2,119.21, down 0.43%. The losses were broad based as seven out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
BMO: 56.17 (-0.34), IBN: 10.08 (-0.16), JPM: 69.64 (-0.44), WFC: 58.21 (-0.31), BNS: 48.02 (-0.30)
Wells Fargo Names Perry Pelos to Oversee Commercial, Corporate & Treasury Management
Business Wire - Wed Jul 22, 8:00AM CDT
Wells Fargo (NYSE:WFC) today announced that Perry Pelos, executive vice president and group head of the company's Commercial Banking business, will take on an expanded leadership role overseeing the Commercial Banking, Corporate Banking, and Treasury Management lines of business. He will remain based in San Francisco. Kyle Hranicky, the head of Corporate Banking, and Danny Peltz, the head of Treasury Management, will remain in those roles and report to Pelos. The company will fill Pelos' previous Commercial Banking leadership role in the coming weeks. In addition, Phil Smith, head of Government and Institutional Banking, will continue to have a dual reporting relationship to Pelos and Jon Weiss, head of Wells Fargo Securities.
WFC: 58.21 (-0.31)
Jim Cramer's Top Takeaways: Bank of America, Wells Fargo, Citigroup, Neflix, Whiting Petroleum
at The Street - Wed Jul 22, 5:00AM CDT
Cramer offers his suggestions for the new best of breed names in the banking sector.
NFLX: 110.10 (-1.40), WLL: 24.51 (+0.20), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27)
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: 104.78 (-0.85), BLK: 346.44 (-3.56), UTX: 101.14 (-0.41), C: 59.87 (-0.47), RTH: 77.78 (-0.77), YRCW: 12.79 (-0.27), UPS: 96.11 (-1.12), YHOO: 39.21 (-0.03), INSY: 44.25 (+0.42), JPM: 69.64 (-0.44), IBM: 161.73 (+1.38), CMG: 725.94 (+0.12), AAPL: 125.16 (-0.06), MBLY: 60.66 (unch), AMBA: 122.99 (+0.49), GPRO: 63.95 (+2.27), WLL: 24.51 (+0.20), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31), TIF: 95.24 (+0.48), MS: 39.94 (-0.60), NFLX: 110.10 (-1.40), AA: 9.96 (-0.03), GS: 211.05 (-2.20), JWN: 78.02 (-0.97), CVX: 92.94 (-0.57)
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: 96.62 (-2.32), USB: 45.66 (-0.29), AMP: 126.21 (-0.60), WFC: 58.21 (-0.31), PNC: 99.02 (-0.77)
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: 10.62 (-0.08), JPM: 69.64 (-0.44), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31)
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: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27)
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: 45.66 (-0.29), WFC: 58.21 (-0.31)
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: 21.30 (-0.29), JPM: 69.64 (-0.44), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31)
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: 69.64 (-0.44), WFC: 58.21 (-0.31)
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: 58.21 (-0.31)
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: 58.21 (-0.31)
SEI Extends Long-Term Relationship With Wells Fargo
Marketwired - Thu Jul 23, 8:00AM CDT
SEI (NASDAQ: SEIC) today announced that Wells Fargo will adopt the SEI Wealth Platform (the Platform), SEI's next-generation, wealth management technology solution. The Platform is an integrated solution designed to support client relationship management including front-, middle-, and back-office fiduciary investment and account administration processing services.
SEIC: 52.49 (-0.45), WFC: 58.21 (-0.31)
Wells Fargo Launches New Innovation Group
Business Wire - Thu Jul 23, 8:00AM CDT
Wells Fargo (NYSE:WFC), long a leader in delivering innovative products, services, and technology to its customers, today announced the formation of a new Innovation Group, which will work in partnership with its major businesses to meet evolving customer needs and stay ahead of the shifting competitive landscape. Steve Ellis, who had served as the head of Wholesale Services, has been named the leader of the new group. Ellis reports to Hope Hardison, who will assume the role of chief administrative officer (CAO) when Pat Callahan retires August 31. The CAO group now includes Human Resources, Corporate Communications, Enterprise Marketing, Government and Community Relations, and the Innovation Group.
WFC: 58.21 (-0.31)
Asia stocks higher, NZ dollar surges after small rate cut
By YURI KAGEYAMA - AP - Wed Jul 22, 11:05PM CDT
TOKYO (AP) — Asian stock markets were mostly higher Thursday after Greece passed another bailout hurdle and New Zealand cut interest rates.
1 Comment
WFC: 58.21 (-0.31)
MCBC Holdings, Inc. Announces Closing of Initial Public Offering
GlobeNewswire - Wed Jul 22, 6:20PM CDT
MCBC Holdings, Inc. (Nasdaq:MCFT), today announced the closing of its initial public offering of 6,071,429 shares of common stock at a price to the public of $15.00 per share. The shares began trading on The Nasdaq Global Market on July 17, 2015 under the symbol "MCFT." The underwriters have also delivered notice that they intend to exercise their option to purchase up to an additional 910,714 shares of common stock from certain selling stockholders.
MCFT: 15.67 (+0.02), WFC: 58.21 (-0.31)
Renewable Energy Group Expands Wells Fargo Line of Credit to $60 Million
Business Wire - Wed Jul 22, 3:45PM CDT
Renewable Energy Group, Inc. (NASDAQ:REGI) announced today that it has expanded its line of credit agreement with Wells Fargo Capital Finance, LLC from $40 million to $60 million.
REGI: 10.63 (-0.13), WFC: 58.21 (-0.31)
Wells Fargo Becomes World's Most Valuable Bank - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Wed Jul 22, 2:12PM CDT
With its market cap heading towards a record $300 billion, Wells Fargo has surpassed the ICBC as the world's most valuable bank.
JPM: 69.64 (-0.44), C: 59.87 (-0.47), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31)
Northern Trust (NTRS) Q2 Earnings Beat as Revenues Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 22, 9:47AM CDT
Driven by strong top-line growth, Northern Trust Corporation (NTRS) posted a positive earnings surprise of 5.2% in the second quarter of 2015. Earnings per share came in at $1.01, significantly beating the Zacks Consensus Estimate of 96 cents.
NTRS: 78.00 (+0.03), JPM: 69.64 (-0.44), USB: 45.66 (-0.29), WFC: 58.21 (-0.31)
4 Warren Buffett Dividend Stocks Jim Cramer Also Owns
at The Street - Wed Jul 22, 9:25AM CDT
Both Warren Buffett and Jim Cramer own these dividend stocks. Should you too?
JNJ: 100.20 (+0.02), GM: 31.50 (+1.20), WFC: 58.21 (-0.31), MA: 95.16 (-1.72)
Market Momentum on Money Center Banks Stocks -- Wells Fargo, JP Morgan Chase, ICICI Bank, Bank of Nova Scotia, and Bank of Montreal
PR Newswire - Wed Jul 22, 8:10AM CDT
Equity Research Institute has initiated coverage on the following equities: Wells Fargo and Company (NYSE: WFC), JP Morgan Chase and Company (NYSE: JPM), ICICI Bank Ltd (NYSE: IBN), The Bank of Nova Scotia (NYSE: BNS), and Bank of Montreal (NYSE: BMO). Free research report on Wells Fargo can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=WFC On Tuesday, July 21, 2015, the NASDAQ Composite ended at 5,208.12, down 0.21%, the Dow Jones Industrial Average declined 1.00%, to finish the day at 17,919.29, and the S&P 500 closed at 2,119.21, down 0.43%. The losses were broad based as seven out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
BMO: 56.17 (-0.34), IBN: 10.08 (-0.16), JPM: 69.64 (-0.44), WFC: 58.21 (-0.31), BNS: 48.02 (-0.30)
Wells Fargo Names Perry Pelos to Oversee Commercial, Corporate & Treasury Management
Business Wire - Wed Jul 22, 8:00AM CDT
Wells Fargo (NYSE:WFC) today announced that Perry Pelos, executive vice president and group head of the company's Commercial Banking business, will take on an expanded leadership role overseeing the Commercial Banking, Corporate Banking, and Treasury Management lines of business. He will remain based in San Francisco. Kyle Hranicky, the head of Corporate Banking, and Danny Peltz, the head of Treasury Management, will remain in those roles and report to Pelos. The company will fill Pelos' previous Commercial Banking leadership role in the coming weeks. In addition, Phil Smith, head of Government and Institutional Banking, will continue to have a dual reporting relationship to Pelos and Jon Weiss, head of Wells Fargo Securities.
WFC: 58.21 (-0.31)
Jim Cramer's Top Takeaways: Bank of America, Wells Fargo, Citigroup, Neflix, Whiting Petroleum
at The Street - Wed Jul 22, 5:00AM CDT
Cramer offers his suggestions for the new best of breed names in the banking sector.
NFLX: 110.10 (-1.40), WLL: 24.51 (+0.20), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27)
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: 104.78 (-0.85), BLK: 346.44 (-3.56), UTX: 101.14 (-0.41), C: 59.87 (-0.47), RTH: 77.78 (-0.77), YRCW: 12.79 (-0.27), UPS: 96.11 (-1.12), YHOO: 39.21 (-0.03), INSY: 44.25 (+0.42), JPM: 69.64 (-0.44), IBM: 161.73 (+1.38), CMG: 725.94 (+0.12), AAPL: 125.16 (-0.06), MBLY: 60.66 (unch), AMBA: 122.99 (+0.49), GPRO: 63.95 (+2.27), WLL: 24.51 (+0.20), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31), TIF: 95.24 (+0.48), MS: 39.94 (-0.60), NFLX: 110.10 (-1.40), AA: 9.96 (-0.03), GS: 211.05 (-2.20), JWN: 78.02 (-0.97), CVX: 92.94 (-0.57)
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: 96.62 (-2.32), USB: 45.66 (-0.29), AMP: 126.21 (-0.60), WFC: 58.21 (-0.31), PNC: 99.02 (-0.77)
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: 10.62 (-0.08), JPM: 69.64 (-0.44), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31)
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: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27)
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: 45.66 (-0.29), WFC: 58.21 (-0.31)
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: 21.30 (-0.29), JPM: 69.64 (-0.44), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31)
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: 69.64 (-0.44), WFC: 58.21 (-0.31)
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: 58.21 (-0.31)
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: 58.21 (-0.31)
