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The stocks we thought would be the strongest in 2016 are now losing their footing, Cramer says.
Wells Fargo will be back in the spotlight on Thursday, September 29, as its CEO John Stumpf returns to Capitol Hill to answer questions about its fake bank account scandal.
And its executives still don't understand the gravity of the situation.
California, the largest issuer of municipal debt, will suspend some of its most lucrative dealings with Wells Fargo, and treasurer John Chiang said the CEO should resign.
U.S. stocks rocketed higher, shaking off earlier choppiness, on reports OPEC had reached an agreement.
California's State Treasurer has halted business with Wells Fargo (WFC) for one year amid the bank's false accounts scandal.
A largely unexpected production freeze agreement between major oil-producing countries sent stocks and crude into rally mode late in the session.
Wells Fargo (WFC) CEO John Stumpf will testify about the bank's accounts scandal before the House Financial Services Committee on Thursday.
California state treasurer John Chiang issued a series of sanctions today against Wells Fargo (WFC) that will last for 12 months.
Banks, retailers and restaurants should be on fire, but instead they're burning down.
Stocks return to the green and oil solidifies gains on a report that Organization of Petroleum Exporting Countries reached a deal to limit production.
Wells Fargo's board canceled $41 million in unvested stock awards to CEO John Stumpf and $19 million to retiring consumer banking chief Carrie Tolstedt.
As Americans turn to politics and consider the issues, what happens to Stumpf should be a concern for all of us.
The stock has been in oversold territory, but prices have not bounced.
A move by the mega-bank's independent directors to cancel $60 million in stock awards to its CEO and retiring consumer banking chief isn't expected to appease lawmakers Thursday.
Wells Fargo is not really clawing back CEO John Stumpf's compensation because it does not include money that has already been paid, says Jim Cramer
RBC analyst Paul Miller believes Wells Fargo's (WFC) bruised reputation could 'weigh on the multiple on the downside.'
Stocks turn lower on Wednesday morning after Federal Reserve Chair Janet Yellen triggers fears an interest rate hike could come by year's end.
To really get ahead of the scandal, Wells Fargo (WFC) should've gone bigger with the executive clawbacks, Jim Cramer says.
KBW analysts said the firing of Wells Fargo's (WFC) former retail-banking head Carrie Tolstedt, among other moves, should equip it to handle ongoing issues related to the illegal account openings.
Stock futures are little changed on Wednesday morning as crude oil rebounds from a major selloff a day earlier.
The Wells Fargo board is calling for clawbacks while Nike's quarter disappoints investors despite beating estimates.
Wells Fargo CEO John Stumpf is giving up $41 million in unvested equity.
It has been a very difficult stretch for market timers due to the lack of a clear trend.
Wells Fargo CEO John Stumpf to forfeit $41 million in unvested stock awards; a report says Germany preparing a rescue plan for Deutsche Bank; Nike shares sink after earnings..
On Wednesday, September 28, investors will get Congressional testimony from Federal Reserve Chair Janet Yellen.
The Independent Directors of the Board of Directors of Wells Fargo & Company (NYSE: WFC) today announced that they have launched an independent investigation into the Company's retail banking sales practices and related...