Shares of Wells Fargo ( WFC) closed at $32.92 Tuesday, returning 20% year-to-date, following a 10% decline during 2011. Based on a 22-cent quarterly payout, the shares have a dividend yield of 2.67%.
The latest study from Merrill Lynch appears to support what Democrats have been saying...millennials are cracking under the weight of too much student debt.
Who needs the Fed? Interest rates are already rising, and Bank of America is reaping a windfall.
The credit derivatives market is worth trillions, but are they really a time bomb waiting to decimate the financial markets? Warren Buffett's warnings haven't scared Citigroup.