Jim Cramer's 'Mad Money' Recap: Here's Next Week's Game Plan
at The Street - 1 hr 30 mins ago
It's government shutdown season and that's never good for the stock market, Cramer says. So he'll be watching Washington as well as earnings from Johnson & Johnson and Wells Fargo.
GE: 28.07 (+0.04), HON: 101.16 (+0.09), DAL: 47.21 (+1.25), C: 51.38 (-0.27), PSTG: 16.60 (+0.67), QSII: 12.54 (+0.11), INTC: 32.14 (-0.38), SLB: 76.36 (-0.28), JNJ: 95.37 (+0.29), T: 33.14 (-0.26), ETP: 46.39 (+0.91), JPM: 61.93 (-0.20), GWPH: 87.75 (+0.45), HSIC: 141.70 (+0.51), GLNG: 32.01 (-1.47), LNG: 53.04 (-0.25), WFC: 52.14 (-0.40), BAC: 15.58 (-0.17), LLY: 86.14 (+2.37), BMY: 61.44 (+0.93), CSX: 29.08 (-0.01), CI: 136.36 (+2.73), RDUS: 57.80 (-3.30), WBA: 85.37 (+1.09), GS: 179.19 (-1.88), VZ: 44.16 (-0.07)
Bank Stock Roundup: Litigations Continues; Wells Fargo, JPMorgan Buckle Up for Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 4:55PM CDT
Major banking stocks moved higher in the last five trading days reflecting optimism in the market.
FITB: 18.97 (-0.18), RF: 9.09 (-0.17), BBT: 36.54 (-0.37), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), KEY: 13.06 (-0.28), OZRK: 46.02 (-0.48), JPM: 61.93 (-0.20), COF: 74.45 (-0.60), USB: 41.58 (-0.32), STI: 39.43 (-0.42), PNC: 89.82 (-1.15), CMA: 42.84 (-0.62)
Jim Cramer Eyeing Wells Fargo, JPMorgan, Other Banks in Week Ahead
at The Street - Fri Oct 09, 3:30PM CDT
TheStreet's Jim Cramer is particularly interested in Wells Fargo's (WFC) third-quarter earnings.
JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40)
Stocks Crawl Into the Weekend as More Earnings Loom
at The Street - Fri Oct 09, 3:01PM CDT
Stocks barely make any moves on Friday as investors wait until next week for the earnings season to crank up a notch.
BUD: 111.88 (+1.19), GE: 28.07 (+0.04), DAL: 47.21 (+1.25), C: 51.38 (-0.27), WMT: 66.69 (-0.19), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), LL: 18.84 (+2.42), INTC: 32.14 (-0.38), NFLX: 113.33 (-1.60), JNJ: 95.37 (+0.29), RT: 5.80 (-0.80), AA: 10.26 (-0.75), GS: 179.19 (-1.88), EBAY: 24.30 (+0.15), JPM: 61.93 (-0.20), MAT: 22.35 (+0.02), AAL: 42.42 (+2.68), GPS: 27.42 (-1.53), HMC: 32.72 (+0.22)
Q3 Earnings Season Preview
Sheraz Mian - Zacks Investment Research - Fri Oct 09, 2:45PM CDT
Q3 Earnings Season Preview
NFLX: 113.33 (-1.60), JNJ: 95.37 (+0.29), GE: 28.07 (+0.04), GS: 179.19 (-1.88), JPM: 61.93 (-0.20), HON: 101.16 (+0.09), C: 51.38 (-0.27), KSU: 97.95 (-0.51), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), INTC: 32.14 (-0.38), AAPL: 112.12 (+2.62), SLB: 76.36 (-0.28)
Wells Fargo's Student Loan Practices Under CFPB Scanner
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 2:30PM CDT
While no particular reason for investigation into Wells Fargo's (WFC) student loan practices has been cited till now, CFPB is likely to examine the bank's payment processing procedures and the steps taken to help distressed borrowers.
DFS: 55.76 (+0.04), BNCN: 22.32 (-0.16), WFC: 52.14 (-0.40), NAVI: 11.96 (-0.14)
Respite for Citigroup: Los Angeles Lawsuit Dismissed
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 1:55PM CDT
The city of Los Angeles has reportedly dropped the discriminatory lending charge against Citigroup (C).
JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40)
Clinton to Break Up Big Banks? 5 Financial Stocks to Watch
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 10:15AM CDT
Though Clinton's proposals are not vastly different from what have been implemented since the 2008 financial crisis, we believe the financial institutions will remain in focus owing to the plans.
GS: 179.19 (-1.88), JPM: 61.93 (-0.20), C: 51.38 (-0.27), WFC: 52.14 (-0.40), AIG: 58.19 (-0.05)
Chase, Square Reader, Bank of America and Wells Fargo: Credit Card Processing Rates Analyzed by Merchant Services
M2 - Fri Oct 09, 10:07AM CDT
Merchant Resources compares its credit card merchant services to those of Square Reader, Wells Fargo Merchant Services, Chase Merchant Services and Bank of America Merchant Services. Merchant Services credit card processing rates save you much needed money. You don't have to pay for an expensive machine or point of sale system.
WFC: 52.14 (-0.40)
Wells Fargo (WFC) Stock Upgraded to 'Overweight' at JPMorgan
at The Street - Fri Oct 09, 8:11AM CDT
Wells Fargo (WFC) stock was upgraded to 'overweight' from 'neutral' at JPMorgan on Friday.
WFC: 52.14 (-0.40)
Analysts' Actions -- Eli Lilly, Tesla, Wells Fargo, Gap
at The Street - Fri Oct 09, 7:48AM CDT
Here are Friday's top research calls, including upgrades at Eli Lilly and Wells Fargo, downgrades at Gap and Tesla.
ASH: 105.52 (-2.20), NFLX: 113.33 (-1.60), TSLA: 220.69 (-6.03), RIG: 16.98 (+0.68), GPN: 133.02 (+0.57), ALB: 50.72 (+0.15), LLY: 86.14 (+2.37), WFC: 52.14 (-0.40), GPS: 27.42 (-1.53), BEN: 38.85 (-0.04), ECL: 120.54 (+0.01)
Upgrade Alert for Wells Fargo (WFC)
Comtex SmarTrend(R) - Fri Oct 09, 7:21AM CDT
Wells Fargo (NYSE:WFC) was upgraded from Neutral to Overweight at JP Morgan today. The stock closed yesterday at $52.54 on volume of 15.3 million shares, below average daily volume of 19.7 million. Wells Fargo has overhead space with shares priced $52.54, or 12.6% below the average consensus analyst price target of $60.13. The stock should run into initial resistance at its 50-day moving average (MA) of $53.73 and subsequent resistance at its 200-day MA of $54.86.
WFC: 52.14 (-0.40)
loanDepot Files Registration Statement For Proposed Initial Public Offering
PR Newswire - Thu Oct 08, 4:35PM CDT
loanDepot, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "Commission"
WFC: 52.14 (-0.40), MS: 32.72 (-0.27)
Wells Fargo Brings $341 Million in 'Oscar(R) Bonds' to Market for New Academy Museum of Motion Pictures
Business Wire - Thu Oct 08, 12:10PM CDT
Wells Fargo Securities served as sole manager for $341 million in tax-exempt revenue bonds that will fund construction of a Los Angeles museum for the Academy of Motion Picture Arts and Sciences, presenter of the Academy Awards(R), among the world's most-watched TV events. Institutional sales began Wednesday, and the bond series oversubscribed quickly.
WFC: 52.14 (-0.40)
BioMed Realty Just One of Blackstone's Latest Multi-Billion-Dollar Deals
at The Street - Thu Oct 08, 12:02PM CDT
Blackstone's $8 billion deal for the life-science-focused real estate company, BioMed, is the latest in a string of REIT acquisitions.
BIIB: 269.16 (-10.72), GE: 28.07 (+0.04), BMR: 23.40 (-0.05), BX: 34.12 (+0.11), BEE: 14.02 (unch), WFC: 52.14 (-0.40)
PuppetConf 2015 Kicks Off Amid Surging Demand for Puppet Labs Software
Marketwired - Thu Oct 08, 11:00AM CDT
Today, Puppet Labs, the leading provider of IT automation software, kicks off its fifth annual user conference, PuppetConf 2015. This year's conference will feature some of the best PuppetConf keynotes yet, including talks from Uber, Wal-Mart and Wells Fargo, great technical sessions, and an IT Leadership Track, new for 2015. Luke Kanies, Puppet Labs founder and CEO, will kick off PuppetConf with the first public demo of Puppet Application Orchestration, Puppet Labs' most ambitious project since Puppet Enterprise was introduced four years ago. Luke will also cover the future direction of Puppet and the IT industry.
WFC: 52.14 (-0.40)
Wells Fargo Insurance Introduces Industry's First California Proposition 65 Insurance Program
Business Wire - Thu Oct 08, 10:30AM CDT
Wells Fargo Insurance, part of Wells Fargo & Company (NYSE: WFC), today announced the launch of its Prop 65 insurance program(1), the first liability insurance program tailored to provide financial protection for product manufacturers, distributors, and formulators of products that contain any of six plasticizers covered under California Proposition (Prop) 65.
WFC: 52.14 (-0.40)
5 Sector Favorites for Q3 Earnings & Their Hot ETFs
Sweta Killa - Zacks Investment Research - Thu Oct 08, 10:10AM CDT
These sector ETFs are expected to be the winners this earnings season.
DHI: 30.65 (unch), JNJ: 95.37 (+0.29), LEN: 51.33 (+0.26), JPM: 61.93 (-0.20), PFE: 33.24 (+0.15), ITB: 27.85 (-0.03), CARZ: 36.26 (+0.16), WFC: 52.14 (-0.40), BRK.B: 133.03 (-0.72), XLF: 23.24 (-0.15), IYT: 148.36 (+1.15), XLV: 68.44 (+0.31)
Chase, Square Reader, Wells Fargo and Bank of America: Credit Card Processing Rates Analyzed by Merchant Services
M2 - Thu Oct 08, 10:00AM CDT
Merchant Resources compares its credit card merchant services to those of Square Reader, Wells Fargo Merchant Services, Chase Merchant Services and Bank of America Merchant Services. Merchant Services credit card processing rates save you much needed money. You don't have to pay for an expensive machine or point of sale system.
WFC: 52.14 (-0.40)