Wells Fargo & Company (WFC) 48.90 $WFC
Why Long-Term Investors Should Prefer Wells Fargo and JPMorgan Chase Over Bank of America and Citigr
John Maxfield, The Motley Fool - Motley Fool - Fri Mar 25, 9:41AM CDT
Some people prefer apples; others prefer oranges. Image credit: iStock/Thinkstock. The type of investor who buys shares of Wells Fargo or JPMorgan Chase is generally not the same type of investor who buys shares of Bank of America or ...
JPM: 59.48 (-0.46), C: 41.94 (-0.43), WFC: 48.90 (-0.86), BAC: 13.68 (+0.06)
Asian stocks mixed in quiet holiday trading
By YOUKYUNG LEE - AP - Thu Mar 24, 11:05PM CDT
SEOUL, South Korea (AP) — The few Asian stock markets that were trading Friday were mixed, with Tokyo shares up and stocks in Seoul and Shanghai nearly flat. Financial markets in Australia, Hong Kong, Singapore, Indonesia and India were closed for the Good Friday holiday.
SPLS: 10.76 (+0.71), ODP: 6.91 (+0.57), WFC: 48.90 (-0.86), MS: 24.93 (-0.34)
Wells Fargo Closed-End Funds Declare Monthly Dividends
Business Wire - Thu Mar 24, 3:02PM CDT
The Wells Fargo Income Opportunities Fund (NYSE MKT: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE MKT: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE MKT: ERH) have each announced a dividend declaration.
ERH: 12.73 (-0.04), WFC: 48.90 (-0.86), EAD: 7.50 (-0.08), ERC: 12.11 (-0.07)
Bank Stock Roundup: Legal Issues Dominate Headlines; Citi & JPMorgan in Focus
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:36PM CDT
Banking stocks remained under pressure over the last four trading days. Among the major events, litigations and probes dominated the headlines with Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) leading the field.
FITB: 17.10 (-0.11), BX: 26.45 (-0.51), GS: 153.00 (-1.08), COF: 69.76 (-0.45), JPM: 59.48 (-0.46), C: 41.94 (-0.43), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86), BK: 37.28 (-0.24)
Don't Buy Wells Fargo -- at Least Not Yet: Must-See Charts
at The Street - Thu Mar 24, 12:52PM CDT
Shares of Wells Fargo are in full breakdown mode today. Here's how to trade the stock now.
WFC: 48.90 (-0.86)
Stocks Slump as Crude Oil Trades Lower
at The Street - Thu Mar 24, 12:47PM CDT
Stocks are on track to break a five-week winning streak on Thursday as crude oil falls even further from its recent highs.
YHOO: 34.86 (+0.06), JPM: 59.48 (-0.46), C: 41.94 (-0.43), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86), TEX: 25.05 (+1.31), XLF: 22.31 (-0.14), KBH: 13.93 (+0.83), BWLD: 144.84 (+2.35), ACN: 114.30 (+6.64), PVH: 94.29 (+6.66), YUM: 79.35 (-1.20)
After Yesterday's Decline of 2.24%, Wells Fargo Offers Investors Better Value
Comtex SmarTrend(R) - Thu Mar 24, 11:47AM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $48.52 to a high of $49.08. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $49.70 on volume of 11.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WFC: 48.90 (-0.86)
SEC to Look into Mortgage Servicers' Bad Debt Collection
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 10:20AM CDT
The Securities and Exchange Commission is investigating mortgage servicers for allegedly trying to collect debt prematurely from delinquent mortgage loan borrowers.
JPM: 59.48 (-0.46), OCN: 2.48 (-0.07), NSM: 9.77 (-0.22), WFC: 48.90 (-0.86)
More Squawk from Jim Cramer: Don’t Bet Against Wells Fargo (WFC)
at The Street - Thu Mar 24, 9:44AM CDT
Wells Fargo (WFC) stock is falling after the company was given a “sell” rating at UBS, but Jim Cramer will not be betting against the financial company.
WFC: 48.90 (-0.86)
Wells Fargo (WFC) Stock Stumbles, UBS Sees Risks Ahead
at The Street - Thu Mar 24, 8:56AM CDT
Wells Fargo (WFC) shares are taking a hit on Thursday morning after UBS began coverage of the stock issuing a bearish note.
WFC: 48.90 (-0.86)
iStar Announces Pricing of $275 Million Unsecured Senior Notes
PR Newswire - Wed Mar 23, 8:31PM CDT
iStar (NYSE: STAR) announced today that it has agreed to sell at par $275 million aggregate principal amount of its 6.50% Senior Unsecured Notes due July 2021. The Company intends to use the net proceeds of the offering primarily to repay in full its Senior Unsecured Notes due July 2016.
STAR: 9.16 (+0.39), JPM: 59.48 (-0.46), WFC: 48.90 (-0.86)
Why Channeling Warren Buffett Might Make You Wary of Bank Buybacks
at The Street - Wed Mar 23, 4:49PM CDT
Banks from JPMorgan Chase to Wells Fargo and Capital One have expanded repurchase programs this year as finance stocks plummeted. Ultimately, says banking analyst Dick Bove, that's a bad thing.
JPM: 59.48 (-0.46), COF: 69.76 (-0.45), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86)
Bank on the Big Banks for Long-Term Value
at The Street - Wed Mar 23, 1:30PM CDT
JPMorgan Chase and Wells Fargo are prime examples, with solid yields and low multiples.
JPM: 59.48 (-0.46), WFC: 48.90 (-0.86)
Stock Market News for March 23, 2016
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 9:10AM CDT
Benchmarks finished mostly in the red on Tuesday following a horrific terrorist attack in Brussels
MDLZ: 39.51 (-0.43), CCL: 48.92 (+0.86), DAL: 47.84 (-1.07), WFC: 48.90 (-0.86), BAC: 13.68 (+0.06), KEX: 59.89 (-0.73), MO: 60.88 (-0.53), UAL: 57.84 (-1.90), GS: 153.00 (-1.08), JPM: 59.48 (-0.46), R: 64.74 (+0.06), COST: 151.43 (-2.08), AAL: 40.50 (-1.42), PG: 82.89 (+0.07), AAPL: 105.67 (-0.46), UNP: 80.92 (-0.60), CL: 69.91 (+0.11)
Wells Fargo Municipal Income Team Wins Five Lipper Fund Awards
Business Wire - Wed Mar 23, 8:15AM CDT
Wells Fargo Funds received a total of nine Lipper Fund Awards, as announced last night at the fund research and analysis organization's annual awards dinner in New York.
WFC: 48.90 (-0.86)
Global Automotive Financing Market 2016-2020 - Key Vendors are Ford Credit, Toyota Financial Services & Wells Fargo - Research and Markets
Business Wire - Wed Mar 23, 7:55AM CDT
Research and Markets (http://www.researchandmarkets.com/research/tzqbtw/global_automotive) has announced the addition of the "Global Automotive Financing Market 2016-2020" report to their offering.
WFC: 48.90 (-0.86)
Mechanics Bank Strengthens Commercial Lender Teams
Business Wire - Wed Mar 23, 3:00AM CDT
Five seasoned commercial lenders have joined Mechanics Bank as it continues to expand the Real Estate Industries Group's capabilities. Walter Aozasa joins as a senior relationship manager, and Stephen Cairns, Chris Duffek, and Tom Mitchell will serve as vice presidents and relationship managers. George McCullagh becomes senior vice president and commercial banking regional manager.
WFC: 48.90 (-0.86)
Should Banks Stop Buying Back Stock?
John Maxfield, The Motley Fool - Motley Fool - Tue Mar 22, 3:06PM CDT
When most banks buy back stock, this is effectively where that money goes. Image source: iStock/Thinkstock. Stock buybacks have become a popular way for banks to return capital to shareholders, but at least one high-profile analyst believes this...
USB: 40.78 (-0.41), C: 41.94 (-0.43), MTB: 111.25 (-0.72), WFC: 48.90 (-0.86), BAC: 13.68 (+0.06)
Steward Partners and Raymond James welcome $210 Million team from Wells Fargo Advisors
PR Newswire - Tue Mar 22, 2:00PM CDT
Steward Partners Global Advisory LLC (Steward), an employee-owned, full service independent partnership, associated with Raymond James Financial Services, Inc. (member FINRA/SIPC) announced today that Derek Majkowski and George Shirley, have joined Steward Partners as partners and senior vice presidents. Majkowski and Shirley, formerly of Wells Fargo Advisors, joins Steward's headquartered Washington, DC office. Together they managed over $210 million in client assets, and produced over $1.3 million in annual revenue. They are the fourth multi-million dollar team to join the Washington, DC office and sixth in the greater DC metro region.
RJF: 46.90 (-0.47), WFC: 48.90 (-0.86)
3 Charts About Wells Fargo CEO John Stumpf’s 2015 Compensation
John Maxfield, The Motley Fool - Motley Fool - Tue Mar 22, 1:20PM CDT
Wells Fargo chairman and CEO John Stumpf. Image credit: Wells Fargo. Wells Fargo is generally the last big bank to announce each year how much its CEO earns, but now that it's done so, we can get a sense for how (and how much) the nation's...
JPM: 59.48 (-0.46), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86)
Why Long-Term Investors Should Prefer Wells Fargo and JPMorgan Chase Over Bank of America and Citigr
John Maxfield, The Motley Fool - Motley Fool - Fri Mar 25, 9:41AM CDT
Some people prefer apples; others prefer oranges. Image credit: iStock/Thinkstock. The type of investor who buys shares of Wells Fargo or JPMorgan Chase is generally not the same type of investor who buys shares of Bank of America or ...
JPM: 59.48 (-0.46), C: 41.94 (-0.43), WFC: 48.90 (-0.86), BAC: 13.68 (+0.06)
Asian stocks mixed in quiet holiday trading
By YOUKYUNG LEE - AP - Thu Mar 24, 11:05PM CDT
SEOUL, South Korea (AP) — The few Asian stock markets that were trading Friday were mixed, with Tokyo shares up and stocks in Seoul and Shanghai nearly flat. Financial markets in Australia, Hong Kong, Singapore, Indonesia and India were closed for the Good Friday holiday.
SPLS: 10.76 (+0.71), ODP: 6.91 (+0.57), WFC: 48.90 (-0.86), MS: 24.93 (-0.34)
Wells Fargo Closed-End Funds Declare Monthly Dividends
Business Wire - Thu Mar 24, 3:02PM CDT
The Wells Fargo Income Opportunities Fund (NYSE MKT: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE MKT: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE MKT: ERH) have each announced a dividend declaration.
ERH: 12.73 (-0.04), WFC: 48.90 (-0.86), EAD: 7.50 (-0.08), ERC: 12.11 (-0.07)
Bank Stock Roundup: Legal Issues Dominate Headlines; Citi & JPMorgan in Focus
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:36PM CDT
Banking stocks remained under pressure over the last four trading days. Among the major events, litigations and probes dominated the headlines with Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) leading the field.
FITB: 17.10 (-0.11), BX: 26.45 (-0.51), GS: 153.00 (-1.08), COF: 69.76 (-0.45), JPM: 59.48 (-0.46), C: 41.94 (-0.43), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86), BK: 37.28 (-0.24)
Don't Buy Wells Fargo -- at Least Not Yet: Must-See Charts
at The Street - Thu Mar 24, 12:52PM CDT
Shares of Wells Fargo are in full breakdown mode today. Here's how to trade the stock now.
WFC: 48.90 (-0.86)
Stocks Slump as Crude Oil Trades Lower
at The Street - Thu Mar 24, 12:47PM CDT
Stocks are on track to break a five-week winning streak on Thursday as crude oil falls even further from its recent highs.
YHOO: 34.86 (+0.06), JPM: 59.48 (-0.46), C: 41.94 (-0.43), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86), TEX: 25.05 (+1.31), XLF: 22.31 (-0.14), KBH: 13.93 (+0.83), BWLD: 144.84 (+2.35), ACN: 114.30 (+6.64), PVH: 94.29 (+6.66), YUM: 79.35 (-1.20)
After Yesterday's Decline of 2.24%, Wells Fargo Offers Investors Better Value
Comtex SmarTrend(R) - Thu Mar 24, 11:47AM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $48.52 to a high of $49.08. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $49.70 on volume of 11.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WFC: 48.90 (-0.86)
SEC to Look into Mortgage Servicers' Bad Debt Collection
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 10:20AM CDT
The Securities and Exchange Commission is investigating mortgage servicers for allegedly trying to collect debt prematurely from delinquent mortgage loan borrowers.
JPM: 59.48 (-0.46), OCN: 2.48 (-0.07), NSM: 9.77 (-0.22), WFC: 48.90 (-0.86)
More Squawk from Jim Cramer: Don’t Bet Against Wells Fargo (WFC)
at The Street - Thu Mar 24, 9:44AM CDT
Wells Fargo (WFC) stock is falling after the company was given a “sell” rating at UBS, but Jim Cramer will not be betting against the financial company.
WFC: 48.90 (-0.86)
Wells Fargo (WFC) Stock Stumbles, UBS Sees Risks Ahead
at The Street - Thu Mar 24, 8:56AM CDT
Wells Fargo (WFC) shares are taking a hit on Thursday morning after UBS began coverage of the stock issuing a bearish note.
WFC: 48.90 (-0.86)
iStar Announces Pricing of $275 Million Unsecured Senior Notes
PR Newswire - Wed Mar 23, 8:31PM CDT
iStar (NYSE: STAR) announced today that it has agreed to sell at par $275 million aggregate principal amount of its 6.50% Senior Unsecured Notes due July 2021. The Company intends to use the net proceeds of the offering primarily to repay in full its Senior Unsecured Notes due July 2016.
STAR: 9.16 (+0.39), JPM: 59.48 (-0.46), WFC: 48.90 (-0.86)
Why Channeling Warren Buffett Might Make You Wary of Bank Buybacks
at The Street - Wed Mar 23, 4:49PM CDT
Banks from JPMorgan Chase to Wells Fargo and Capital One have expanded repurchase programs this year as finance stocks plummeted. Ultimately, says banking analyst Dick Bove, that's a bad thing.
JPM: 59.48 (-0.46), COF: 69.76 (-0.45), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86)
Bank on the Big Banks for Long-Term Value
at The Street - Wed Mar 23, 1:30PM CDT
JPMorgan Chase and Wells Fargo are prime examples, with solid yields and low multiples.
JPM: 59.48 (-0.46), WFC: 48.90 (-0.86)
Stock Market News for March 23, 2016
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 9:10AM CDT
Benchmarks finished mostly in the red on Tuesday following a horrific terrorist attack in Brussels
MDLZ: 39.51 (-0.43), CCL: 48.92 (+0.86), DAL: 47.84 (-1.07), WFC: 48.90 (-0.86), BAC: 13.68 (+0.06), KEX: 59.89 (-0.73), MO: 60.88 (-0.53), UAL: 57.84 (-1.90), GS: 153.00 (-1.08), JPM: 59.48 (-0.46), R: 64.74 (+0.06), COST: 151.43 (-2.08), AAL: 40.50 (-1.42), PG: 82.89 (+0.07), AAPL: 105.67 (-0.46), UNP: 80.92 (-0.60), CL: 69.91 (+0.11)
Wells Fargo Municipal Income Team Wins Five Lipper Fund Awards
Business Wire - Wed Mar 23, 8:15AM CDT
Wells Fargo Funds received a total of nine Lipper Fund Awards, as announced last night at the fund research and analysis organization's annual awards dinner in New York.
WFC: 48.90 (-0.86)
Global Automotive Financing Market 2016-2020 - Key Vendors are Ford Credit, Toyota Financial Services & Wells Fargo - Research and Markets
Business Wire - Wed Mar 23, 7:55AM CDT
Research and Markets (http://www.researchandmarkets.com/research/tzqbtw/global_automotive) has announced the addition of the "Global Automotive Financing Market 2016-2020" report to their offering.
WFC: 48.90 (-0.86)
Mechanics Bank Strengthens Commercial Lender Teams
Business Wire - Wed Mar 23, 3:00AM CDT
Five seasoned commercial lenders have joined Mechanics Bank as it continues to expand the Real Estate Industries Group's capabilities. Walter Aozasa joins as a senior relationship manager, and Stephen Cairns, Chris Duffek, and Tom Mitchell will serve as vice presidents and relationship managers. George McCullagh becomes senior vice president and commercial banking regional manager.
WFC: 48.90 (-0.86)
Should Banks Stop Buying Back Stock?
John Maxfield, The Motley Fool - Motley Fool - Tue Mar 22, 3:06PM CDT
When most banks buy back stock, this is effectively where that money goes. Image source: iStock/Thinkstock. Stock buybacks have become a popular way for banks to return capital to shareholders, but at least one high-profile analyst believes this...
USB: 40.78 (-0.41), C: 41.94 (-0.43), MTB: 111.25 (-0.72), WFC: 48.90 (-0.86), BAC: 13.68 (+0.06)
Steward Partners and Raymond James welcome $210 Million team from Wells Fargo Advisors
PR Newswire - Tue Mar 22, 2:00PM CDT
Steward Partners Global Advisory LLC (Steward), an employee-owned, full service independent partnership, associated with Raymond James Financial Services, Inc. (member FINRA/SIPC) announced today that Derek Majkowski and George Shirley, have joined Steward Partners as partners and senior vice presidents. Majkowski and Shirley, formerly of Wells Fargo Advisors, joins Steward's headquartered Washington, DC office. Together they managed over $210 million in client assets, and produced over $1.3 million in annual revenue. They are the fourth multi-million dollar team to join the Washington, DC office and sixth in the greater DC metro region.
RJF: 46.90 (-0.47), WFC: 48.90 (-0.86)
3 Charts About Wells Fargo CEO John Stumpf’s 2015 Compensation
John Maxfield, The Motley Fool - Motley Fool - Tue Mar 22, 1:20PM CDT
Wells Fargo chairman and CEO John Stumpf. Image credit: Wells Fargo. Wells Fargo is generally the last big bank to announce each year how much its CEO earns, but now that it's done so, we can get a sense for how (and how much) the nation's...
JPM: 59.48 (-0.46), BAC: 13.68 (+0.06), WFC: 48.90 (-0.86)
