Wells Fargo & Company News
Wells Fargo and Peers: Bank on Them and Buy the Dip?
Wells Fargo initially fell on Monday but is rebounding. Here's how to trade it -- and the banks -- from here.
Stock Market Today - 8/15: Stocks End Higher; Retail Earnings In Focus
Stocks end higher Monday as investors look to a key series of retail earnings, as well as Fed minutes, later in the week.
Wells Fargo Stock Lower On Report of Major Mortgage Market Retreat
Wells Fargo could be looking at a major reduction in its once market-leading mortgage business, Bloomberg reported over the weekend.
Stocks Edge Lower, Retail Week Ahead, Kohl's, Wells Fargo And YouTube In Focus - Five Things to Know
Stock futures lower as China rate cut rattles; Week Ahead: Retail earnings, sales data, Fed minutes in focus; Kohl's shares slip as activists at Starboard dump stake; Wells Fargo shares lower on report of mortgage business re-think and Google reportedly planning new YouTube streaming service.
Goldman Sachs Stock Leaps After Q2 Earnings Beat, Dividend Boost
“We delivered solid results in the second quarter as clients turned to us for our expertise and execution in these challenging markets," said CEO David Solomon.
Bank Of America Misses Q3 Earnings Forecast As Deal Fees Slump: Stock Gets Boost From Rate Bets
"Solid client activity across our businesses, coupled with higher interest rates, drove strong net interest income growth and allowed us to perform well in a weakened capital markets environment," said CEO Brian Moynihan.
Citigroup, Wells Fargo Face Must-Clear Levels After Earnings
Citigroup and Wells Fargo are rallying on earnings. Here are the levels they must clear now.
Citigroup Stock Soars After Q2 Earnings Beat, Smaller Bad Loan Provision
“In a challenging macro and geopolitical environment, our team delivered solid results and we are in a strong position to weather uncertain times," said CEO Jane Fraser.
Stock Market Today-7/15: Stocks End Higher After Solid June Retail Sales, Fading Big Fed Rate Bets
Fading Fed rate hike bets, as well as solid earnings from UnitedHealth, pushed stocks higher Friday following a solid reading for June retail sales.
Wells Fargo Stock Jumps As Buyback Hopes Offset Q2 Earnings Miss, $580 Million Bad Loan Provisions
"We do expect credit losses to increase from these incredibly low levels, but we have yet to see any meaningful deterioration in either our consumer or commercial portfolios," said CEO Charlie Scharf.
A New Take on the Big Mac (May Be) Headed to U.S. McDonald's Menus
This is very different than the Big Mac you know and love.
We're Enduring 'Housing Recession,' Homebuilders' Economist Says
The builder confidence index breached the break-even measure of 50 in August for the first time since May 2020.