symbol
stringlengths
1
9
title
stringlengths
1
701
text
stringlengths
1
140k
XOM
US STOCKS Dow S P 500 dip but biotech lifts Nasdaq
Consumer confidence slips oil prices hit energy shares Healthcare sector leads late recovery Amgen beats Wall St s estimates bolsters biotech shares Dow off 0 1 pct S P off 0 3 pct but Nasdaq up 0 4 pct Updates to add volume By Rodrigo Campos NEW YORK July 28 Reuters The Dow and the S P 500 dip...
XOM
GLOBAL MARKETS Stocks rebound oil surges on U S energy data
Oil rises toward 72 on signs of U S demand recovery Market unease over China lifts yen but euro resilient Debt prices climb as investors go for lower risk assets China losses shake fragile economic confidence Updates with U S markets activity changes dateline previous LONDON By Herbert Lash NEW YO...
WFC
Hanesbrands 1 after Wells Fargo cut
Hanesbrands NYSE HBI is on watch after Wells Fargo lowers the apparel stock to an Underweight rating from Market Perform Analyst Ike Burochow says the health of the Hanebrands innerwear business continues to be a concern and notes a deceleration in the consumer appeal of the Champions brand Wells lowers its price t...
WFC
G III Apparel 2 after Wells Fargo nod
Wells Fargo lifts G III Apparel NASDAQ GIII to an Overweight rating after having the apparel manufacturer set at Equal Weight Analyst Ike Burochow says it appears liquidation of GIII s Wilson s and Bass retail businesses could come shortly While the rest of the retail business is also unprofitable loses approxima...
XOM
GLOBAL MARKETS WEEKAHEAD More fuel needed to sustain 2009 highs
By Natsuko Waki LONDON July 24 Reuters World stocks will rely next week on another flood of major corporate earnings results and crucial U S growth data to surprise on the upside in order to sustain a rally which has pushed the benchmark index to nine month peaks The MSCI world equity index has risen more than...
XOM
US STOCKS Wall St sags as consumer data earnings spur caution
Repeats to broaden distribution Office Depot US Steel post losses stocks slide Consumer confidence slips oil prices hit energy shares Dow falls 0 6 pct S P off 0 9 pct Nasdaq off 0 4 pct Updates to midday changes byline By Rachel Chang NEW YORK July 28 Reuters U S stocks fell on Tuesday as a...
XOM
US STOCKS Dow S P dip but Nasdaq up with biotechs
Consumer confidence slips oil prices hit energy shares Amgen beats Wall St estimates boosts biotech shares Dow off 0 4 pct S P off 0 5 pct but Nasdaq up 0 1 pct Updates to late afternoon changes byline By Rodrigo Campos NEW YORK July 28 Reuters The Dow industrials and the S P 500 slipped on Tuesd...
WFC
Wizards Thomas suspended two games by NBA
Washington Wizards guard Isaiah Thomas has been suspended two games by the NBA for entering the stands to confront two fans the league announced Sunday NBA rules state that any player who deliberately enters the spectator stands during a game will be automatically ejected and subject to a fine and or suspension Thom...
WFC
Mike Mayo of Wells Fargo Says We Are Living in the Golden Decade of Banks and Technology
Wells Fargo NYSE WFC analyst Mike Mayo announced during a Dec 30 CNBC news segment that this is the golden decade of banks and technology Mayo explained that while the 1990 s had record bank consolidation banking businesses merge with each other systems were never integrated He then explains that in the aug...
WFC
Capri 2 after Wells Fargo update
Wells Fargo lifts its rating on Capri Holdings NYSE CPRI to Overweight after having the global fashion company slotted at Equal Weight The firm points to the improving MK brand Versace opportunities and portfolio optionality in making its bullish call Wells assigns a price target of 47 vs the average sell side PT...
WFC
Wells Fargo WFC Q3 Earnings Miss Estimates
Wells Fargo WFC came out with quarterly earnings of 0 92 per share missing the Zacks Consensus Estimate of 1 15 per share This compares to earnings of 1 13 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 20 A quarter ago it wa...
WFC
3 Wells Fargo Mutual Funds For Superlative Returns
Wells Fargo NYSE WFC Advantage Funds managed more than 495 billion of assets as of Jun 30 2019 from diverse mutual funds categories The fund family manages a wide variety of mutual funds from domestic and foreign funds to money market funds asset allocation funds and fixed income funds The Wells Fargo Fund fam...
WFC
Does Your Retirement Portfolio Hold These 3 Mutual Fund Misfires October 15 2019
If your advisor has you invested in any of these Mutual Fund Misfires of the Market with high fees and low returns you need to rethink your advisor High fees plus poor performance It s a pretty simple formula for a bad mutual fund Some are worse than others and some are so bad that they have earned a Strong Se...
XOM
UPDATE 2 CNOOC Sinopec to buy Angola stake from Marathon
Oil block stake valued at 1 3 bln Marathon to maintain 10 percent interest State companies in drive to buy energy assets Adds detail background By Tom Bergin LONDON July 17 Reuters CNOOC and Sinopec have agreed to buy a stake in an Angolan oil block from U S oil major Marathon Oil as the Chinese...
WFC
Banking regulator rebuked Wells Fargo s HR department WSJ
Reuters A top U S banking regulator has rebuked Wells Fargo Co s N WFC human resources department for what it called the bank s backlog of employee complaints and compensation structures the Wall Street Journal reported on Wednesday citing people familiar with the matter In a July letter the Office of th...
WFC
Modest U S growth outlook static despite hopes for trade reprieve Reuters poll
By Shrutee Sarkar BENGALURU Reuters A modest U S economic growth outlook has barely changed despite a majority of economists in a Reuters poll being reasonably confident an initial trade deal will be signed with China within the next three months While financial markets have see sawed on the ebb and flow of hea...
WFC
NBA roundup Robinson s career night carries Heat in OT
Duncan Robinson bombed in his ninth 3 pointer of the game 17 seconds into overtime then added a 10th later in the extra session as the host Miami Heat outlasted the Atlanta Hawks 135 121 on Tuesday night Five players had career nights in the shootout led by Robinson who recorded career highs in points 34 and 3 po...
XOM
US STOCKS Grim jobs data hammers Wall Street
June payrolls data fuels worry about recovery Broad sell off hammers market energy tech banks wilt Dow off 2 pct S P 500 off 2 3 pct Nasdaq off 2 3 pct Updates to late afternoon changes byline By Ellis Mnyandu NEW YORK July 2 Reuters U S stocks plummeted on Thursday as a worse than expected slid...
XOM
US STOCKS Wall St sinks on bleak June payrolls report
June payrolls data fuels worry about recovery Broad sell off sinks market energy tech banks wilt Dow off 2 6 pct S P off 2 9 pct Nasdaq off 2 7 pct Updates to close By Ellis Mnyandu NEW YORK July 2 Reuters U S stocks tumbled on Thursday driving the S P 500 down to its third straight weekly loss ...
XOM
US STOCKS Futures point to lower open on oil recovery jitters
Oil prices slide below 64 a barrel Worries over strength of economic recovery weigh Futures down S P 8 40 pts Dow 74 pts Nasdaq 10 50 pts Writes through adds details quote By Leah Schnurr NEW YORK July 6 Reuters U S stock index futures pointed to a lower open on Monday with a slide in oil pric...
WFC
Vendors squeezed in Wells Fargo cost cutting push
By Imani Moise Reuters At least seven vendors have given Wells Fargo Co N WFC a partial refund for their services after bank executives pressured the contractors to return 2 5 of revenue earned last year according to sources familiar with the matter In a bid to cut costs to offset higher regulatory spendin...
WFC
U S inflation firms on rising healthcare energy costs
By Lucia Mutikani WASHINGTON Reuters U S consumer prices jumped by the most in seven months in October which together with abating fears of a recession support the Federal Reserve s signal for no further interest rate cuts in the near term The report from the Labor Department on Wednesday showed healthcare cost...
WFC
Wells Fargo former interim CEO Parker steps down as general counsel
By Bharath ManjeshR and Imani Moise Reuters Wells Fargo Co N WFC said on Thursday general counsel Allen Parker who briefly served as interim chief executive of the scandal hit U S bank will step down next year The departure effective March 2020 comes at a time when Charles Scharf is beginning to put his ...
WFC
Brazil Intervenes Twice to Prop Up Real After Fall to Record
Bloomberg Brazil s central bank shocked traders by intervening in the foreign exchange market for the first time in three months selling dollars in two surprise auctions to prop up the real after it slumped to a record low The currency pared losses after the second intervention and was down 0 3 on the day as of...
XOM
US STOCKS Wall St falls on consumer confidence data oil
Consumer confidence drops vs expectations of gain Falling crude prices sinks energy shares Dow S P off 1 1 pct Nasdaq off 0 5 pct Updates to late morning By Edward Krudy NEW YORK June 30 Reuters U S stocks fell on Tuesday after U S consumer confidence data showed a surprise drop raising doubts a...
WFC
Record Short VIX Positioning Reflects a Ton of Fear Elsewhere
Bloomberg Bearish bets on stock volatility are close to a record high raising investor concern that the market is ripe for turmoil There s a more benign explanation Futures linked to the measure of S P 500 s implied volatility known as the fear gauge tend to move inversely to equities The net non commercia...
WFC
Canada s yield advantage seen underpinning loonie over coming year Reuters poll
By Fergal Smith TORONTO Reuters The Canadian dollar this year s G10 pacesetter will edge higher over the coming 12 months supported by the solid performance of Canada s economy and its high yield relative to other major currencies a Reuters poll showed The Oct 31 Nov 6 poll of more than 40 currency analysts s...
WFC
Why The Earnings Surprise Streak Could Continue For Wells Fargo WFC
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report you should consider Wells Fargo WFC This company which is in the Zacks Banks Major Regional industry shows potential for another earnings beat This ...
WFC
Avoid These 3 Mutual Fund Misfires October 10 2019
Does your current advisor have your money invested in these Mutual Fund Misfires of the Market that charge high fees for low returns If so it may be time for a new advisor The easiest way to judge a mutual fund s quality over time is by analyzing its performance and fees Our Zacks Rank of over 19 000 mutual funds...
WFC
3 Mutual Fund Misfires To Avoid October 10 2019
You may need to start looking for a new financial advisor if your current one has put any of these high fee low return Mutual Fund Misfires of the Market into your portfolio High fees coupled with poor results It s a straightforward equation for an awful mutual fund Some are more regrettable than others and som...
XOM
US STOCKS Wall St slips on oil saving rate Nasdaq inches up
Higher savings rate raises consumer spending worries Palm shares jump 16 percent says Pre demand strong Dow off 0 6 pct S P off 0 4 pct Nasdaq up 0 1 pct Updates to midday changes byline By Rodrigo Campos NEW YORK June 26 Reuters The Dow and the S P 500 fell on Friday as a jump in the savings rate ...
XOM
GLOBAL MARKETS Stocks gain on recovery hopes dollar up on China
Global stocks gain on better economic recovery sentiment Oil rises nearly 2 after fresh Nigerian attacks Dollar edges up on China s foreign reserve comments U S euro zone bonds rise in continued auction relief Updates with U S markets activity changes dateline previous LONDON By Herbert Lash NEW Y...
WFC
U S China trade reprieve makes no dent on recession chances Reuters poll
By Shrutee Sarkar BENGALURU Reuters The recent truce in the U S China trade war is not an economic turning point and has done nothing to reduce a significant risk that the United States could slip into recession in the next two years a Reuters poll of economists found Collateral damage from the trade conflict be...
WFC
Exclusive Wells Fargo lays off more than 200 business bankers in U S sources
By Imani Moise and P J Huffstutter Reuters Wells Fargo Co N WFC has laid off more than 200 bankers in its U S lending divisions in recent months as the bank reacted to business trends and restructured some units sources familiar with the matter said this week Most of the cuts were in Wells Fargo s comme...
WFC
Trump Xi Trade Deal Hits Hurdle After APEC Canceled
Bloomberg Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars Sign up here President Donald Trump s plan to ink the first installment of a trade accord with Xi Jinping next month was thrown into question Wednesday after Chile canceled an upcoming summit where the two leaders had...
WFC
Wells Fargo WFC Stock Moves 1 18 What You Should Know
In the latest trading session Wells Fargo WFC closed at 48 48 marking a 1 18 move from the previous day This change was narrower than the S P 500 s 1 79 loss on the day At the same time the Dow lost 1 86 and the tech heavy Nasdaq lost 1 56 Coming into today shares of the biggest U S mortgage lender had...
WFC
Wells Fargo WFC Reports Next Week Wall Street Expects Earnings Growth
Wells Fargo WFC is expected to deliver a year over year increase in earnings on lower revenues when it reports results for the quarter ended September 2019 This widely known consensus outlook gives a good sense of the company s earnings picture but how the actual results compare to these estimates is a powerful fac...
WFC
Credit Suisse CS Plans A Comeback In U S Private Banking
Credit Suisse SIX CSGN Group NYSE CS is mulling a comeback in U S wealth management business after an exile of almost four years The news was reported by Bloomberg While the talks are still in early stage the move is expected to bolster its private banking segment Per the article the company is targeting Mi...
XOM
ANALYSIS Verenex spat shows risk of doing business in Libya
Dispute highlights fears of contract revisions Big oil players watch outcome of saga Canadian government concerned By Tom Pfeiffer RABAT June 23 Reuters A deepening confrontation between Libya and Canadian oil explorer Verenex is shedding light on the risk of doing business in the north African country...
XOM
Oil rises above 70 on Nigeria attacks econ hopes
Supply disruption from Nigerian unrest boosts prices Optimism over easing global recession buoys equity markets Tensions in Iran still a factor to watch By Jennifer Tan SINGAPORE June 26 Reuters Oil surged above 70 a barrel on Friday extending a 2 percent gain the day before after rebel attacks on Nig...
WFC
Wells Fargo Must Offer 66 Jobs to People It Rejected in 2014
Bloomberg Wells Fargo NYSE WFC Co must offer 66 jobs to female and African American applicants it rejected five years ago after the U S Department of Labor found the bank discriminated against them The company in 2014 discriminated against more than 2 300 candidates to be online customer service represent...
WFC
Wells Fargo Co Earnings Miss Revenue Beats In Q3
Investing com Wells Fargo Co NYSE WFC reported third quarter earnings that missed analysts expectations on Tuesday and revenue that topped forecasts The firm reported earnings per share of 1 07 on revenue of 22 01B Analysts polled by Investing com forecast EPS of 1 22 on revenue of 21 03B That compared t...
WFC
Wells Fargo quarterly profit slumps 26 on legal costs
Reuters Wells Fargo Co N WFC reported a 26 fall in quarterly profit on Tuesday as the lender braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago Net income applicable to common stock fell to 4 04 billion or 92 cents per share in the third quarter...
WFC
StockBeat Wells Fargo Higher as Management Touts Improved Net Interest Income
Investing com Wells Fargo NYSE WFC posted third quarter earnings that fell short of expectations but sentiment on the bank received a boost after management in a post earnings call delivered a more somber outlook on net interest income In its post earnings call Wells Fargo guided net interest income growth...
WFC
Wells Fargo WFC Stock Moves 0 63 What You Should Know
Wells Fargo WFC closed the most recent trading day at 48 65 moving 0 63 from the previous trading session This move was narrower than the S P 500 s daily loss of 0 84 Meanwhile the Dow lost 0 53 and the Nasdaq a tech heavy index lost 1 47 Coming into today shares of the biggest U S mortgage lender had...
XOM
ANALYSIS Higher prices put brake on commodity supply curbs
Higher prices falling costs deter more output cuts High inventories could undermine some price rallies OPEC not expected to change output targets By Karen Norton and Barbara Lewis LONDON May 20 Reuters Production cuts and project delays have started to slow across a range of commodities as prices bega...
WFC
Lira Slumps as Trump Warns Turkey Over Military Operation
Bloomberg The Turkish lira slumped by the most since August after U S President Donald Trump warned the nation against acting in excess in a military operation targeting Kurdish forces in Syria The lira weakened 2 to a session low of 5 82 against the dollar after Trump warned Ankara in a tweet that he would to...
WFC
Exclusive Wells Fargo beefs up mortgage division to cope with higher volumes
By Imani Moise Reuters Wells Fargo Co N WFC is boosting its teams that process mortgage loans to prepare for higher mortgage volumes changing course after it laid off about 1 000 employees in the division in 2018 according to a memo viewed by Reuters Many of the hires will be in Des Moines Iowa and Minne...
WFC
Buy Wells Fargo Advantage Funds Today Top 4 Picks
Wells Fargo NYSE WFC Advantage Funds managed more than 476 billion of assets as of Mar 31 2019 from diverse mutual fund categories The fund family includes domestic and foreign funds to money market funds asset allocation funds and fixed income funds The Wells Fargo Fund family claims that it offers funds in eve...
WFC
Wells Fargo Jumps the Stablecoin Bandwaggon
launched the preliminary stage of its Digital Cash project becoming the underwriter for a dollar pegged stablecoin The banking giant which in the past cut off the Bitfinex exchange from its service holds a struct stance to crypto assets believing they should also exist under conditions of banking supervision As ...
WFC
Pound Rally Fizzles as Ireland Puts Dampener on Brexit Hopes
Bloomberg The British pound pulled back from a two month high as Ireland warned a Brexit deal is not close calming a rally sparked by optimism from European Commission President Jean Claude Juncker The currency halted two weeks of gains after Irish Foreign Minister Simon Coveney said the mood music has improve...
WFC
U S consumer confidence falls in September trade fears dominate
By Lucia Mutikani WASHINGTON Reuters U S consumer confidence ebbed in September as an escalation in trade tensions fanned concerns about business and labor market conditions a potentially worrying signal for consumer spending which has been driving the economy The relatively downbeat survey from the Conference ...
WFC
Invest In These 3 Top Wells Fargo Advantage Mutual Funds
Wells Fargo NYSE WFC the owner of Wells Fargo Advantage Funds brand is one of the four largest banks in the United States with a legacy spanning 150 years in the financial services sector Wells Fargo had over 476 billion of assets as of Mar 31 2019 which includes 92 billion from Galliard Capital Management We...
WFC
Wall Street Tumbles On Geopolitical Concerns
U S equity futures retreated as Hong Kong s political and Argentina s financial scenario dented investor sentiments The Hong Kong international airport known to be one of the busiest cargo airports was shut down due to heavy protests In fact almost 5 000 protestors flooded the airport leading to the cancellation...
WFC
Why Is Wells Fargo WFC Down 2 7 Since Last Earnings Report
It has been about a month since the last earnings report for Wells Fargo WFC Shares have lost about 2 7 in that time frame outperforming the S P 500 Will the recent negative trend continue leading up to its next earnings release or is Wells Fargo due for a breakout Before we dive into how investors and analysts...
WFC
U S 30 year bond yields hit record low curve inversion grows
By Richard Leong NEW YORK Reuters U S Treasury debt yields fell on Wednesday with 30 year yields setting all time lows as fears about a recession and trade tensions between China and the United States stoked unrelenting demand for low risk government debt Inversion is spreading across the U S yield curve wher...
WFC
Pound Hits Highest in Over a Month as Johnson Strategy Crumbles
Bloomberg Want the lowdown on European markets In your inbox before the open every day Sign up here The pound rallied for a third day after Parliament tore up U K Prime Minister Boris Johnson s Brexit strategy and denied his request for a snap election tempering fears of further political turmoil Sterling h...
WFC
Wells Fargo to Pilot DLT Based Cross Border Settlement Platform
American financial services company Wells Fargo Company NYSE WFC is planning to launch a pilot of a distributed ledger technology DLT based internal settlement service in 2020 In a Sept 17 press release Wells Fargo described a DLT based platform designed to perform internal book transfers of international pa...
WFC
4 Precious Metal Funds To Buy On Easier Monetary Policy
Gold and other precious metals could strengthen further given the anticipation of a cut in interest rates by the Federal Reserve this week This brings into picture precious metal mutual funds which could gain from a rise in prices of gold and other precious metals and make ideal investments A Fed Rate Cut is Imminen...
WFC
Wells Fargo pays 6 5 million to Navajo Nation over predatory practices
By Bryan Pietsch WASHINGTON Reuters Wells Fargo Co N WFC will pay the Navajo Nation 6 5 million to settle a lawsuit over predatory and unlawful practices by the bank the Native American tribe said on Thursday The Navajo Nation sued Wells Fargo in federal and tribal courts in 2017 alleging the San Franci...
WFC
S P 500 gains near ceiling as risks gnaw at investors Reuters poll
By Sin ad Carew NEW YORK Reuters The S P 500 stock index will see limited gains in the remaining months of 2019 as anxiety over slowing global growth and the U S China trade war weigh against expectations of monetary policy easing according to a Reuters poll of strategists The U S benchmark index SPX will lik...
WFC
U S Jobs Report to Offer Litmus Test for Fed After Rate Cut
Bloomberg The next U S jobs report is more likely to embolden the Federal Reserve to keep this round of interest rate cuts short and sweet rather than validate investor views that the economy needs significantly more monetary easing The Labor Department figures Friday are expected to show payroll gains moderate...
WFC
U S Jobs Report to Offer Litmus Test for Fed After Rate Cut
Bloomberg The next U S jobs report is more likely to embolden the Federal Reserve to keep this round of interest rate cuts short and sweet rather than validate investor views that the economy needs significantly more monetary easing The Labor Department figures Friday are expected to show payroll gains moderate...
WFC
Wells Fargo Says VIX S P Volatility Spikes May Be Overdone
Bloomberg The tariff news induced volatility has outdone that for equities and may be due to reverse according to Wells Fargo NYSE WFC Co The CBOE Volatility Index or VIX rose as high as 19 46 intraday after U S President Donald Trump announced a new round of tariff hikes on Chinese imports abruptly es...
WFC
Wells Fargo boosts estimate for possible legal reserve shortfall to 3 9 billion
NEW YORK Reuters Wells Fargo Co N WFC said on Friday that it boosted its estimate for a possible legal reserve shortfall to 3 9 billion for the quarter ending June 30 from 3 1 billion earlier this year according to a regulatory filing The bank said that the increase was due to a variety of matters incl...
WFC
Market weighs risk of negative U S Treasury yields
By Richard Leong Reuters Traders and analysts are considering whether U S bond yields would fall below zero as a record amount around the world sank into negative territory this week The question has become a talking point and less hypothetical this week as the U S 30 year Treasury bond yield reached the brink...
WFC
Sterling Weakness Punctures Subdued Session
Overview Summer in the northern hemisphere contributing to the subdued activity in the global capital markets The MSCI Asia Pacific index stalled after a four day advance with Japanese Chinese and Australian equities offsetting gains in Taiwan South Korea and India Europe s Dow Jones Stoxx 600 is flattish str...
WFC
Wells Fargo WFC Q2 Earnings And Revenues Beat Estimates
Wells Fargo WFC came out with quarterly earnings of 1 30 per share beating the Zacks Consensus Estimate of 1 16 per share This compares to earnings of 1 08 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 12 07 A quarter ago it ...
WFC
Wells Fargo profit beats estimates on cost controls rise in loans
Reuters Wells Fargo Co N WFC beat analysts estimates for quarterly profit on Tuesday as the fourth largest U S bank benefited from an uptick in lending and aggressive cost cutting The San Francisco based lender has had to work to gain back the trust of customers and investors after more than two years of ...
WFC
U S home builder sentiment inches up in July NAHB
Reuters A private gauge of U S home builder sentiment increased in July as falling mortgage rates offset rising building costs and worries about global trade tensions The National Association of Home Builders and Wells Fargo Co N WFC said on Tuesday their index of builder confidence in newly built single f...
WFC
Wells Fargo Co Earnings Revenue Beat in Q2
Investing com Wells Fargo Co NYSE WFC reported second quarter earnings that beat analysts expectations on Tuesday and revenue that topped forecasts The firm reported earnings per share of 1 3 on revenue of 21 58B Analysts polled by Investing com forecast EPS of 1 17 on revenue of 20 94B That compared to ...
WFC
Why Wells Fargo WFC Could Beat Earnings Estimates Again
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report you should consider Wells Fargo WFC This company which is in the Zacks Banks Major Regional industry shows potential for another earnings beat This ...
WFC
Wells Fargo WFC Earnings Expected To Grow Should You Buy
Wells Fargo WFC is expected to deliver a year over year increase in earnings on lower revenues when it reports results for the quarter ended June 2019 This widely known consensus outlook gives a good sense of the company s earnings picture but how the actual results compare to these estimates is a powerful factor t...
WFC
Crude Oil Settles Higher on U S China Trade Truce Reports of Oil Cut Extension
Investing com Crude oil futures settled higher on Monday as OPEC and its allies reportedly agreed to extend production cuts while a U S China trade truce also lifted sentiment On the New York Mercantile Exchange crude futures rose 1 1 to settle at 59 09 a barrel while on London s Intercontinental Exchange Brent...
WFC
4 Gold Funds To Counter Weak Economic Data And Global Risks
Gold prices recently took a leap benefiting from a decline in the dollar rising tensions in the Middle East uncertainties around a potential U S China trade truce the possibilities of a Fed rate cut and United States weak economic data As investors flock to buy gold related assets in this time of economic uncert...
WFC
U S home builder confidence retreats despite lower mortgage rates
Reuters A private gauge of U S home builder sentiment fell in June retreating from a six month high as rising building costs and trade worries offset falling mortgage rates The National Association of Home Builders and Wells Fargo NYSE WFC said on Monday their index of builder confidence in newly built sin...
WFC
U S housing starts drop in May masks some signs of improvement
By Lucia Mutikani WASHINGTON Reuters U S homebuilding fell in May but groundbreaking activity in the prior two months was stronger than previously thought pointing to some tentative signs of improvement in the struggling housing market Land and labor shortages are however making it difficult for builders esp...
WFC
Wall Street Week Ahead Investors eye G20 with hopes for U S China trade detente
By Sin ad Carew NEW YORK Reuters All eyes will be on U S President Donald Trump and China s President Xi Jinping next week as investors are desperate for any signs of a thaw in U S China relations even if it shifts expectations for much awaited Federal Reserve interest rate cuts The S P 500 closed at a record hi...
WFC
Wells Fargo will pay customers 386 million over unwanted auto insurance
By Jonathan Stempel Reuters Wells Fargo NYSE WFC Co will pay customers at least 386 million to settle class action claims that the bank signed them up for auto insurance they did not want or need when they took out car loans The proposed settlement was disclosed in filings on Thursday with the U S District...
WFC
McIlroy sets sights on Pebble Beach after winning Canadian Open
Reuters Rory McIlroy threatened to shoot 59 but fell just short as he made his Canadian Open debut a great one by clinching a seven stroke victory in Ontario on Sunday and then said it was only mission half accomplished McIlroy carded a stellar nine under par 61 in the final round at Hamilton Golf Country Club ...
WFC
Should Value Investors Choose Wells Fargo WFC Stock Now
Value investing is easily one of the most popular ways to find great stocks in any market environment After all who wouldn t want to find stocks that are either flying under the radar and are compelling buys or offer up tantalizing discounts when compared to fair value One way to find these companies is by looking a...
WFC
Wells Fargo WFC Stock Moves 0 24 What You Should Know
Wells Fargo WFC closed the most recent trading day at 45 48 moving 0 24 from the previous trading session This change was narrower than the S P 500 s 0 69 loss on the day Elsewhere the Dow lost 0 87 while the tech heavy Nasdaq lost 0 79 Coming into today shares of the biggest U S mortgage lender had los...
WFC
3 Utilities Funds To Buy On Widening Yield Curve Inversion
A rally in global bonds weighed on yields on May 29 Long term government debt yields came in below short term notes and bills While the 3 month bill yield increased to 2 362 the yield on 10 year Treasury note fell to 2 26 its lowest level since September 2017 The yield on the 10 year note by the way rose just...
WFC
Fed Inches Toward Rate Cut as Trade War Frays Patience
Bloomberg Go inside the global economy with Stephanie Flanders in her new podcast Stephanomics Subscribe via Pocket Cast or iTunes The Federal Reserve s top policy makers aren t yet ready to cut interest rates but worsening trade tensions are nudging them in that direction In separate comments Tuesday Fed Ch...
WFC
Mexican Peso Gains on Optimism About Washington Tariff Talks
Bloomberg Up Down Sideways Mexico s peso gyrated amid key talks in Washington aimed at staving off U S tariffs By midafternoon New York time the peso was solidly in the green on a bet that any agreement even if it s just to keep on talking will bolster Latin America s most traded currency Negotiations...
WFC
Exclusive Wells Fargo board weighs keeping interim CEO in place sources
By Imani Moise and Jessica DiNapoli Reuters Wells Fargo NYSE WFC Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role according to two sources familiar with the board s thinking Parker 64 was thr...
WFC
Wells Fargo WFC Down 1 2 Since Last Earnings Report Can It Rebound
A month has gone by since the last earnings report for Wells Fargo WFC Shares have lost about 1 2 in that time frame underperforming the S P 500 Will the recent negative trend continue leading up to its next earnings release or is Wells Fargo due for a breakout Before we dive into how investors and analysts hav...
WFC
Wells Fargo WFC Stock Moves 0 42 What You Should Know
Wells Fargo WFC closed at 45 51 in the latest trading session marking a 0 42 move from the prior day This change was narrower than the S P 500 s 0 68 loss on the day Meanwhile the Dow lost 0 33 and the Nasdaq a tech heavy index lost 1 46 Prior to today s trading shares of the biggest U S mortgage lend...
WFC
Buy These 7 Low Price to Sales Stocks With Growth Potential
A stock s price to sales ratio reflects how much investors are paying for each dollar of revenues generated by the company If the price to sales ratio is 1 it means that investors are paying 1 for every 1 of revenues generated by the company So it goes without saying that a stock with a price to sales below 1 is ...
WFC
U S bank regulator will vet next Wells Fargo CEO
By Pete Schroeder and Michelle Price WASHINGTON Reuters A top U S bank regulator said on Wednesday it will vet Wells Fargo NYSE WFC Co s pick for its next chief executive a development that could complicate the scandal hit lender s efforts to find a permanent replacement for CEO Tim Sloan Joseph Otting t...
WFC
Fingerprints and finances next Wells Fargo CEO will be under regulatory microscope
By Pete Schroeder WASHINGTON Reuters From submitting their fingerprints to giving up their tax records Wells Fargo NYSE WFC Co s next chief executive will go through a vetting process that could rival that of top U S government officials Comptroller of the Currency Joseph Otting said last week he would...
WFC
Are You Looking For A High Growth Dividend Stock Wells Fargo WFC Could Be A Great Choice
All investors love getting big returns from their portfolio whether it s through stocks bonds ETFs or other types of securities But for income investors generating consistent cash flow from each of your liquid investments is your primary focus While cash flow can come from bond interest or interest from other ty...
WFC
7 Low Price to Sales Stocks With Value Based Potential
When considering valuation metrics price to earnings ratio has always been the obvious choice This is because calculations based on earnings are easy and come in handy However price to sales has emerged as a convenient tool to determine the value of stocks that are incurring losses or are in an early cycle of devel...
WFC
McIlroy trails leaders by two at Wells Fargo
Reuters Rory McIlroy celebrated his 30th birthday with a three under par 68 in the third round of the Wells Fargo NYSE WFC Championship on Saturday to move within two shots of the leaders at the weather hit event in Charlotte North Carolina A bogey by Max Homa 70 at the last left him tied at the top on 11 u...
WFC
Homa wins Wells Fargo Championship by three strokes
Reuters The days of Max Homa feeling an impostor on the PGA Tour are history after he held his nerve during an hour long rain delay before closing out an emphatic three stroke victory at the Wells Fargo NYSE WFC Championship in Charlotte North Carolina on Sunday Long shot Homa silenced a battalion of big guns...
WFC
Wells Fargo creates new unit focused on regulatory compliance
By Imani Moise Reuters Wells Fargo NYSE WFC Co is creating a new unit tasked with satisfying U S regulatory requirements according to an internal memo seen by Reuters Derek Flowers who has been with the San Francisco based bank for more than two decades will become head of strategic execution and operati...
WFC
All eyes on Woods even if Koepka the one to beat
By Andrew Both Reuters Defending champion Brooks Koepka is the one to beat at this week s PGA Championship even if Tiger Woods will have the boisterous New York galleries on side as one of golf s four major tournaments begins a new era in the spring After being held since 1972 in the dog days of summer the PGA C...
WFC
Woods rested and ready for PGA Championship after month off
By Andrew Both FARMINGDALE N Y Reuters Tiger Woods walked into the media interview room at the PGA Championship on Tuesday morning clutching a cup of hot coffee on a cool New York morning He hopes to be holding something far more valuable on Sunday night the Wanamaker Trophy awarded to the winner of the PGA C...
WFC
Wells Fargo WFC Is A Top Dividend Stock Right Now Should You Buy
All investors love getting big returns from their portfolio whether it s through stocks bonds ETFs or other types of securities But for income investors generating consistent cash flow from each of your liquid investments is your primary focus Cash flow can come from bond interest interest from other types of i...
WFC
5 Best No Load Mutual Funds Of Q1
In the first quarter of 2019 the Dow the S P 500 and the Nasdaq rallied 11 2 13 1 and 16 5 respectively This marked the S P 500 s best quarterly rise since the third quarter of 2009 Global economic woes and fears related to Brexit weighed on investors Given the negative outlook no load mutual funds are once a...