symbol
stringlengths
1
9
title
stringlengths
1
701
text
stringlengths
1
140k
WFC
Wells Fargo Takes A Hit What Now For Dividend Investors
If there is one thing I have it is to expect the unexpected Life is filled with uncertainty and surprises and companies in our investment portfolios are no different I steer clear of most investment opportunities because they are outside of my limited circle of competence For this reason I largely avoid the fi...
CMCSA
AT T subsidiary DirecTV asks to be dropped from antitrust case
By Diane Bartz WASHINGTON Reuters DirecTV the biggest U S pay TV company and a subsidiary of AT T NYSE T asked a federal court on Tuesday to drop it from the lawsuit that the government filed to stop AT T from buying movie and TV production company Time Warner DIRECTV is not the seller the acquired entity ...
CMCSA
Coiled And Roiled T Bonds And ATT
Today is the big day of the week and probably the month My main concern is bonds which I am short for the long term January 2019 puts The ZB certainly seems coiled for a potential move higher which I ve tinted but as long as it is repelled by its broken trend line as it has in the past arrows I ll be OK ...
WFC
Stifel appoints three financial advisers at its broker dealer unit
Reuters Stifel Financial Corp said on Wednesday three financial advisers joined the private client group of its broker dealer subsidiary Stifel Nicolaus Co Inc Patricia Tippins joined the firm s Dallas office as senior vice president investments while Christopher Barbee joined its Greensboro North Carolina of...
WFC
Wells Fargo to sell commercial insurance business
Reuters Wells Fargo Co N WFC said on Tuesday it agreed to sell its commercial insurance business to private insurer USI Insurance Services as the third largest U S bank plans to focus on core banking products and services The financial terms of the deal expected to close in the fourth quarter were not d...
WFC
California moves forward on letting customers sue banks inspired by Wells Fargo
WASHINGTON Reuters California took another step on Tuesday toward allowing state residents to sue financial institutions for fraud rather than letting banks force customers to settle disputes in arbitration as a bill inspired by last year s Wells Fargo NYSE WFC scandal passed a key Assembly committee The bil...
CMCSA
AT T trial hears of consequences if Turner networks go dark
Reuters Twelve percent of subscribers would quit their cable or satellite companies if Time Warner Inc s N TWX Turner networks were no longer available a Massachusetts Institute of Technology marketing professor said on Thursday John Hauser who teaches marketing was the fourth witness to be called by the U ...
CMCSA
European Commission raids offices in sports broadcasting investigation
LONDON Reuters The European Commission on Tuesday raided the offices of a number of companies involved in sports broadcasting rights including a unit of Rupert Murdoch s Fox as part of an investigation into a possible cartel Sports broadcasting is a huge business in Europe with networks spending billions of pou...
CMCSA
Economist tells U S judge AT T Time Warner deal would harm consumers
By Diane Bartz WASHINGTON Reuters The U S Justice Department called an economist on Wednesday to testify that allowing AT T N T to purchase movie and TV production company Time Warner N TWX would cost consumers hundreds of millions of dollars as the government wrapped up efforts to convince a federal judge ...
CMCSA
Why Is TiVo TIVO Down 1 3 Since Its Last Earnings Report
A month has gone by since the last earnings report for TiVo Corporation NASDAQ TIVO Shares have lost about 1 3 in that time frame Will the recent negative trend continue leading up to its next earnings release or is TIVO due for a breakout Before we dive into how investors and analysts have reacted as of late ...
CMCSA
6 ETFs To Score High From World Cup Spending Spree
With just a couple of days to go for the 2018 FIFA World Cup in Russia the football fervor is spreading with lightning speed across the world It is a potential trigger for sales trends in a few countries especially for the host and usually leads to a buying frenzy This in turn will result in robust stock market ga...
WFC
U S consumer prices retail sales weaken in May
By Lucia Mutikani WASHINGTON Reuters U S consumer prices unexpectedly fell in May and retail sales recorded their biggest drop in 16 months suggesting a softening in domestic demand that could limit the Federal Reserve s ability to continue raising interest rates this year The Fed on Wednesday increased borrowin...
WFC
No Mickelson as 156 golfers begin chase for U S Open glory
By Steve Keating ERIN Wisconsin Reuters American Rickie Fowler tamed a toothless Erin Hills to claim the early first round lead at the U S Open on Thursday making the so called toughest test in golf look easy With only a gentle breeze and rains having taken the bite out of the monstrous 7 845 yard course early...
WFC
U S consumer financial watchdog accuses congressional critics of misstatements
By Pete Schroeder WASHINGTON Reuters The head of the U S Consumer Financial Protection Bureau accused congressional critics of relying on misstatements to criticize his agency which was set up under former President Barack Obama to pursue bad behavior by financial institutions Richard Cordray the bureau s dir...
WFC
Sell side mulls Booz Allen probe and some bail shares plunge 19
Now former bull Brian Ruttenbur of Drexel Hamilton spoke with management following last night s disclosure but got no additional clarity on the investigation or its potential financial impact He downgrades to Hold from Buy and pulls his price target Raymond James Brian Gesuale calls the probe a near term headwind b...
WFC
5 Stocks To Avoid In The Market s Typically Worst Month
They say History Repeats Itself and one of the historic realities of the equity market has been its relatively poor performance in the month of September Statistics reveal that since 1950 the Dow Jones Industrial Average and S P 500 index declined 1 1 and 0 7 respectively on an average in September while Nasda...
WFC
Intro Guide To The Fidelity Convertible Securities Fund FCVSX
Fidelity Convertible Securities Fund a Zacks Rank 2 Buy was incepted in January 1986 and is managed by the Fidelity Group FCVSX s main objective is high total return through a combination of current income and capital appreciation FCVSX normally invests 80 of its assets in convertible securities which are of...
CMCSA
NBC News plans online streaming service to attract younger viewers
By Jessica Toonkel NEW YORK Reuters Comcast NASDAQ CMCSA Corp s NBC News plans to launch an online streaming service this year as part of its effort to reach younger viewers who prefer to watch their favorite shows online executives said on Wednesday NBC News like other broadcast news outlets faces an aging a...
CMCSA
NBC News plans streaming service launch this year
NBC News NASDAQ CMCSA will launch a streaming service this year in a quest for younger viewers who ve largely abandoned the evening newscast as a primary source The company hasn t yet decided whether it will be a subscription service NBC s twice daily Snapchat show Stay Tuned has 5M subscribers and is tracking tow...
WFC
Mallinckrodt mulling strategic options shares ahead 2 premarket
Wells Fargo NYSE WFC s David Maris says Mallinckrodt NYSE MNK is exploring all strategic options including going private He informed clients in a note after meeting with the company last week Shares have been in a steady downtrend for almost a year Short seller Citron Research has jumped on the bandwagon sayi...
WFC
Wells Fargo employees paid for first time using new sales metrics
Reuters Wells Fargo Co N WFC paid its branch employees for the first time in May using new sales metrics that focus on customer service branch banking chief Mary Mack said at an investor conference Tuesday Mack said the bank is studying performance at different branches at it assesses which ones to close
WFC
Large Cap Blend Style 3Q16 Best And Worst
The Large Cap Blend style ranks first out of the twelve fund styles as detailed in our 3Q16 Style Ratings for ETFs and Mutual Funds report Last quarter the Large Cap Blend style ranked second It gets our Attractive rating which is based on an aggregation of ratings of 35 ETFs and 859 mutual funds in the Large Cap B...
CMCSA
Women looking for Oscar love in best picture cliffhanger
By Jill Serjeant LOS ANGELES Reuters Women are hoping for some long overdue love at the Academy Awards on Sunday where the biggest prize in the movie industry is wide open after an awards season dominated by Hollywood s sexual misconduct scandal Romantic fantasy The Shape of Water Fox Searchlight s O FOXA ta...
CMCSA
Satire Get Out earns top honor at Independent Spirit Awards
LOS ANGELES Reuters Get Out a horror thriller that examines U S race relations won the top honor at the Independent Spirit Awards on Saturday independent film s biggest prize and the final awards ceremony ahead of the Oscars Jordan Peele a comedian who wrote and directed the film also won best director at ...
CMCSA
MoviePass hires media vet for chief product office position
MoviePass NASDAQ HMNY announces the hiring of Mike Berkley as chief product officer Berkley is a former product leader at Spotify Viacom and Comcast NASDAQ CMCSA The company says his role at MoviePass will be to lead the product strategy and vision for the MoviePass service as the company continues its efforts ...
CMCSA
Comcast CMCSA Down 7 Since Earnings Report Can It Rebound
It has been about a month since the last earnings report for Comcast Corporation NASDAQ CMCSA Shares have lost about 7 in that time frame Will the recent negative trend continue leading up to its next earnings release or is CMCSA due for a breakout Before we dive into how investors and analysts have reacted as...
WFC
U S Justice Department opposes Wells Fargo on whistle blower suit
Reuters The U S Justice Department filed a friend of the court brief on Tuesday in a lawsuit brought against Wells Fargo Co N WFC by two former employees who were fired after they reported misdemeanors they had noticed to their supervisors The DOJ s filing concluded that the appellate court which had earl...
WFC
Wells Fargo sees younger crowd boosting Dave Buster s
Wells Fargo NYSE WFC sees Dave Buster s Entertainment PLAY 1 continuing to gain market share as the brand gain traction with younger generations The investment firm keeps D B rated at Outperform and ups its price target to 78 We continue to believe that PLAY represents one of the highest quality unit growt...
WFC
Business update from Bravo Brio Restaurant Group
Bravo Brio Restaurant Group NASDAQ BBRG provides a business update on its performance We continue to see sequential quarterly sales improvement in our core restaurant base and remain cautiously optimistic that we will see that improvement continue as the year progresses says CEO Brian O Malley Guests are reactin...
WFC
New Strong Sell Stocks For August 9th
Here are 5 stocks added to the Zacks Rank 5 Strong Sell List today Wells Fargo Company NYSE WFC is a diversified financial services company providing banking insurance investments mortgage and consumer finance services The Zacks Consensus Estimate for its current year earnings has been revised 1 7 d...
WFC
Economists Expect Economic Uncertainty To Clear By December
Here s a hoot A Wall Street Survey shows Economists Expect December Rate Hike Why Because economic uncertainty will allegedly vanish between September and December A consensus is forming among economists that the Federal Reserve will hold off on its next interest rate increase until December About 71 of the 62 e...
CMCSA
Comcast 1 4 as Macquarie cuts to Neutral on Sky bid
Comcast NASDAQ CMCSA is 1 4 lower after a downgrade by Macquarie over its potential topping bid for Sky Analyst Amy Yong cut the shares to Neutral after noting that the possible 31B bid throws a wrench into what was an otherwise clean story on leverage and M A While adding Sky would diversify the portfolio it wo...
WFC
Your Money Creative caregiving solutions for the sandwich generation
By Beth Pinsker NEW YORK Reuters Stretched thin by the needs of your children and your elderly parents Try this sandwich generation solution Move your young adults in with their grandparents and let them take care of each other This is working for Eileen Helmer who turns 30 this summer and her grandmother ...
WFC
California could let consumers sue banks despite arbitration clauses
WASHINGTON Reuters California lawmakers are making headway on legislation to allow state residents to sue financial institutions for fraud rather than letting banks force customers to settle disputes in arbitration The state Senate on Tuesday passed the bill spurred by last year s Wells Fargo NYSE WFC phanto...
WFC
New York City suspends municipal business with Wells Fargo
By Dan Freed NEW YORK Reuters New York City voted on Wednesday to suspend Wells Fargo NYSE WFC from its municipal debt issuance operations citing a rating tied to doing business in low and moderate income communities as having fallen below a satisfactory level The commission also cited last year s scandal ...
WFC
Wells Fargo s head of wealth and investment management to retire
Reuters Wells Fargo Co N WFC said David Carroll head of wealth and investment management will retire after 38 years with the company Carroll 60 will be replaced by Jonathan Weiss 59 the current head of Wells Fargo Securities Though Carroll s retirement is effective July 1 he will remain with the comp...
WFC
Wells Fargo s business banking group expands to four regions
Reuters Wells Fargo Co N WFC said on Monday its business banking group was expanding to four new regions in the United States in addition to three earlier The business banking group will now be available in the East Midwest Mountain Northeast Pacific Northwest Southern California Nevada and Southwest r...
WFC
U S services factory data point to moderate economic growth
By Lucia Mutikani WASHINGTON Reuters U S services sector activity slowed in May as new orders tumbled but a jump in employment to a near two year high pointed to sustained labor market strength despite a deceleration in job growth last month The moderation in services industries production together with other d...
WFC
3 Business Services Stocks Poised For Earnings Beat In Q2
The U S economy made a solid rebound in the second quarter and is expected to report a modest GDP growth in excess of 2 after a seasonally adjusted subdued 1 1 rise in the first quarter Allaying fears of a near term recession the domestic equity market gradually picked up steam and is currently trading in the vici...
CMCSA
American Idol host Ryan Seacrest accused of misconduct in Variety report
LOS ANGELES Reuters A former stylist for American Idol host Ryan Seacrest on Monday accused him of sexual misconduct although Seacrest denied the accusations last November Suzie Hardy told Hollywood publication Variety that Seacrest sexually harassed her for six years starting in 2007 when she became his pers...
CMCSA
Disney slides after Comcast tops 21st Century Fox s bid for Sky
said Tuesday it would The deal could upset 21st Century Fox s plans to acquire Sky in order to sell it to Shares of fell as much as 2 5 in early trading Tuesday after Comcast The offer could throw a wrench into 21st Century Fox s previously attempts to increase its stake in Sky from 40 to a majority 61 befor...
WFC
U S home prices to rise at a strong pace on tight supply Reuters poll
By Hari Kishan and Rahul Karunakar Reuters U S home prices look poised to rise at a robust pace over the next few years mainly because of a chronic shortage of houses and steady demand a Reuters poll showed on Friday Still a slim majority of analysts in the poll taken May 16 25 said the Trump administration sh...
WFC
Wells Fargo makes more personnel changes in retail banking unit
By Dan Freed Reuters Wells Fargo Co N WFC has made more executive changes in its retail banking unit as it tries to recover from a sales scandal that harmed its once enviable reputation Mary Mack head of the retail business announced new roles for four executives who will report directly to her according ...
WFC
Continued shakeup at Wells Fargo retail unit
Mary Mack who heads the retail operation announced new roles for four executives who will report directly to her according to a memo seen by Reuters Wells NYSE WFC also cut the number of sub regions in its Western U S operation to five from eight letting go two of those three sub region heads Mack has been in th...
WFC
New Strong Sell Stocks For July 20th
Here are 5 stocks added to the Zacks Rank 5 Strong Sell List today AMC Entertainment Holdings Inc NYSE AMC operates as a theatrical exhibition company in the United States and internationally The Zacks Consensus Estimate for its current year earnings has tanked 8 8 over the last 30 days Nextera Ene...
WFC
Financial Preferred ETF PGF Hits New 52 Week High
For investors seeking momentum PowerShares Financial Preferred ETF TO PGF is probably on radar now The fund just hit a 52 week high and is up roughly 58 from its 52 week low price of 12 24 share But are more gains in store for this ETF Let s take a quick look at the fund and the near term outlook on it to ...
WFC
China Stock Roundup Alibaba Teams Up With SAIC Yingli Expands Downstream Portfolio
Markets remained bogged down for most of the week taking losses until bargain hunters boosted stocks on Thursday The benchmark index declined on Monday following the release of discouraging official data on home prices The Shanghai Composite Index continued to take losses on Tuesday following concerns that the resur...
CMCSA
NBC s social media war room a new weapon in Games coverage
By Liana B Baker PYEONGCHANG South Korea Reuters Staffed by millennials and crammed with computer screens the social media war room of U S Olympics broadcaster NBC is starting to call more of the shots in the company s mission to generate a healthy return from Olympic sports The room housed inside NBC s mul...
CMCSA
Global broadcasters output up by 14 percent from Sochi IOC
By Karolos Grohmann PYEONGCHANG South Korea Reuters Broadcasters around the world have beamed 14 percent more hours of programming from the Pyeongchang winter Olympics compared to the Sochi Games in Russia four years ago the International Olympic Committee IOC said on Tuesday The IOC s director of television a...
WFC
Wells Fargo suffers slump in muni bond underwriting
By Karen Pierog and Robin Respaut CHICAGO SAN FRANCISCO Reuters Wells Fargo NYSE WFC Co is paying a price in the U S municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states an analysis of Thomson Reuters data shows So far in 2017 ...
WFC
Dollar weak as political risks linger euro up on Merkel comments
By Saqib Iqbal Ahmed NEW YORK Reuters The dollar fell to a more than six month low against a basket of currencies on Monday extending its losses from last week as an uncertain U S political climate and a buoyant euro weighed on the greenback The dollar index DXY which tracks the greenback against a basket of...
WFC
Wells Fargo Advisors creates new mutual fund class for fiduciary rule
By Elizabeth Dilts NEW YORK Reuters Wells Fargo Advisors N WFC will launch a new share class of mutual funds next month as part of its plan to comply with the new U S Labor Department regulation that seeks to put the interests of retirement clients first the bank confirmed Wednesday Starting June 9 the same...
CMCSA
NBC says its Olympics U S ad sales set record for winter games
Reuters U S national advertising sales for the Olympics in Pyeongchang have surpassed 900 million a record for the Winter Games U S broadcaster NBC Sports Group said in a statement on Thursday We look forward to adding to this milestone as the drama of the Games unfolds over the next few weeks said Dan Lov...
CMCSA
U S ad sales record for Winters Olympics
While opening ceremonies for the Winter Olympics kick off in Pyeongchang NBC Sports NASDAQ CMCSA announced that U S national advertising sales for the games have surpassed a record 900M Live sporting events remain attractive to advertisers because they keep viewers tuned in during commercials rather than skipping ...
CMCSA
Comcast mulling new bid for Fox assets sources
By Anjali Athavaley and Jessica Toonkel Reuters Comcast Corp NASDAQ CMCSA is considering a new offer for Rupert Murdoch s Twenty First Century Fox assets despite an agreement in December to sell them to Walt Disney Co for 52 4 billion according to people familiar with the matter Comcast s deliberations indica...
WFC
U S home builder confidence improves in May
Reuters A private gauge of U S home builder sentiment unexpectedly rose in May to its second strongest level since the housing bust nearly a decade ago as the existing supply of homes remained tight The National Association of Home Builders and Wells Fargo NYSE WFC said on Monday their index of builder confi...
WFC
Triumph Group 12 5 after upgrades
After Triumph Group TGI 12 5 indicated that its Vought Aircraft Division could be insolvent Wells Fargo NYSE WFC said the stock price more than discounts the risks and does not yet reflect some of the favorable outcomes The firm thinks that Triumph should be trading in the high 20s assuming no contribution...
WFC
Judge may reject parts of Wells Fargo account abuse settlement
By Jonathan Stempel Reuters A federal judge signaled that he may reject parts of Wells Fargo NYSE WFC Co s proposed 142 million settlement with customers for whom it opened millions of unauthorized accounts In an order on Tuesday evening U S District Judge Vince Chhabria in San Francisco ordered lawyers f...
WFC
U S economy seen less likely to grow 3 percent this year Reuters poll
By Rahul Karunakar Reuters The probability that the U S economy will grow 3 percent this year has fallen over the last month as weak data and political concerns have dented confidence according to a slim majority of economists in a Reuters poll That finding comes as hopes for tax cuts and other pro growth polici...
WFC
Inspector finds holes in U S consumer agency s information safeguards
WASHINGTON Reuters The U S watchdog agency that investigated and fined Wells Fargo NYSE WFC Co for creating phantom accounts and which regularly penalizes large banks and lenders on behalf of consumers has holes in its systems for protecting confidential information the office charged with inspecting its ...
WFC
Wells Fargo WFC Miss Q2 Earnings On High Expenses
Have you been eager to see how Wells Fargo Company NYSE WFC performed in Q2 in comparison with the market expectations Let s quickly scan through the key facts from this San Francisco based money center bank s earnings release this morning An Earnings MissWells Fargo came out with earnings per share of 1 01 mi...
CMCSA
This Media Giant Is Making New 52 Week Lows
Comcast s NASDAQ CMCSA stock peaked on January 24 2018 at 44 a share Since that high pivot the stock has tumbled and is trading around 33 CMCSA shares are now making new 52 week lows on the charts Traders and investors should note that the stock has fallen below its important 50 and 200 day moving averages p...
CMCSA
Media Leaders And Laggards
In the monthly charts below FOXA CMCSA and TWX you can see which media giants are leading or lagging each other all are at or below their respective major resistance levels The only one whose momentum indicator is above zero on this long term timeframe is FOXA And if it plunges and falls below zero no doubt th...
WFC
Scott not ready to fade into golfing sunset
By Andrew Both Reuters Adam Scott is confident his best days are still ahead even though almost three years have passed since he enjoyed a short reign as world number one As he heads to this week s Players Championship in Florida where he burst onto the American golf scene with a win in 2004 Scott is working to...
WFC
Golf Johnson defending champ Day in marquee Players groups
Reuters Defending champion Jason Day plays with past champions Rickie Fowler and Henrik Stenson while world number one Dustin Johnson tees it up with Rory McIlroy and Justin Thomas in Thursday s opening round of The Players Day the world number three won last year s event by four strokes after opening with a co...
WFC
Johnson confident this Players Championship will be different
Reuters Sterling play has been a challenge for Dustin Johnson at The Players Championship but the American world number one is hoping this week s tournament will be more indicative of his recent success I think my game as a whole has gotten a lot better Johnson whose previous best finish in eight starts at T...
WFC
Wells Fargo 2 5 on missed efficiency ratio target
In slides for its Investor Day Wells Fargo WFC 2 5 expects its 2017 efficiency ratio to be 60 61 vs the targeted range of 55 59 The bank takes note of lower loan growth and higher funding costs and settlement related expenses and lower revenue growth as a result of the account opening scandal ROE continue...
WFC
Wells Fargo bogus accounts balloon to 3 5 million lawyers
By Jonathan Stempel Reuters Wells Fargo Co N WFC may have opened as many as 3 5 million unauthorized customer accounts far more than previously estimated according to lawyers seeking approval of a 142 million settlement over the practice The new estimate was provided in a filing late Thursday night in the...
WFC
Johnson struggles in wind in second round at Wells Fargo
Reuters World number one Dustin Johnson struggled to stay in touch with the leaders and was five strokes from the lead when play was halted for the day at the Wells Fargo NYSE WFC Championship in Wilmington North Carolina on Friday American Johnson dropped two shots in 13 holes to slip back to even par on a w...
WFC
How one U S state is leading the charge to dismantle Obamacare
By Yasmeen Abutaleb and Robin Respaut FRANKFORT Ky SAN FRANCISCO Reuters For nearly three years Democrats and former President Barack Obama pointed to Kentucky as one of the Affordable Care Act s biggest success stories A poor rural state that straddles the North and South Kentucky was an early adopter of the...
WFC
Reed leads Wells Fargo by one shot over Rahm Noren
Reuters Patrick Reed matched the best score of the day a five under par 67 to earn a one shot lead after the third round at the Wells Fargo NYSE WFC Championship in Wilmington North Carolina on Saturday Reed handled another windy day as well as anyone at Eagle Point surging to the front with birdies at his...
WFC
Harman makes stunning birdie to beat Johnson Perez by one
Reuters Diminutive left hander Brian Harman turned into a giant killer when he rolled in a 30 foot birdie putt at the final hole to win the Wells Fargo NYSE WFC Championship on Sunday and snuff out Dustin Johnson s hopes of winning a fourth consecutive start With Johnson watching on TV in the clubhouse at Eag...
CMCSA
Why Is Comcast CMCSA Down 7 9 Since Its Last Earnings Report
It has been about a month since the last earnings report for Comcast Corporation NASDAQ CMCSA Shares have lost about 7 9 in that time frame underperforming the market Will the recent negative trend continue leading up to its next earnings release or is CMCSA due for a breakout Before we dive into how investor...
WFC
Wells Fargo loses Philadelphia business
In continuing fallout from the account opening scandal the Philadelphia City Council has voted to axe Wells Fargo NYSE WFC from the handling of its 2B payroll account Citizens Bank was chosen as the replacement Wells will remain a depository bank for Philadelphia and presumably the holder of the naming rights f...
WFC
Canadian dollar to strengthen after perfect storm Reuters poll
By Fergal Smith TORONTO Reuters The Canadian dollar will weather a perfect storm to regain some ground over the coming months a Reuters poll showed on Wednesday as a pickup in the domestic economy could prod the Bank of Canada to raise interest rates by next year The loonie has lost 2 percent against the gree...
WFC
Johnson recovered from Augusta fall tempers expectations
By Andrew Both WILMINGTON North Carolina Reuters Dustin Johnson said on Wednesday he has recovered from the back injury that ruled him out of the last month s U S Masters but is not sure what to expect in his competitive return at this week s Wells Fargo NYSE WFC Championship The American world number one w...
WFC
Johnson eyes Wells Fargo win and entry into elite club
By Andrew Both WILMINGTON North Carolina Reuters World number one Dustin Johnson returns to competitive action at this week s Wells Fargo NYSE WFC Championship needing a win to join an elite group that includes some of the game s greatest players Johnson has been sidelined due to a freak accident on the eve o...
WFC
U S regulation of fintech companies should not prompt a turf war OCC s Curry
WASHINGTON Reuters Start up lenders that reach customers online should be able to choose between a federal or state banking license as they grow a leading U S banking regulator said on Thursday as he prepares to step aside Consumers increasingly go online to manage their money and some financial services start u...
WFC
Golf Johnson makes tidy return from back injury
By Andrew Both WILMINGTON North Carolina Reuters World number one Dustin Johnson declared himself ready to challenge for victory after a tidy return to competition left him four strokes behind first round leader Francesco Molinari at the Wells Fargo NYSE WFC Championship on Thursday Twenty nine days after sli...
WFC
Buy 5 Precious Metals Mutual Funds With The Glitter Of Gold
Following recent global growth concerns investing in precious metals might be a great idea These funds also offer solid protection against inflation that almost no other reasonably liquid asset can provide Moreover they have staged a remarkable rebound since the start of 2016 emerging as the best performers among ...
CMCSA
NBC plans to show player protests if they occur at Super Bowl
By Lisa Richwine PASADENA California Reuters U S television network NBC broadcaster of this year s Super Bowl will show any players who kneel during the pre game national anthem to protest racial inequality the game s executive producer said on Tuesday Several dozen National Football League players kneeled s...
CMCSA
TiVo opens new patent fight against Comcast s X1
TiVo NASDAQ TIVO is pursuing new patent litigation in its fight against Comcast CMCSA 1 1 bouncing off its success at the International Trade Commission The litigation involves Rovi which combined with TiVo in early 2016 and alleges that Comcast s X1 platform infringes on Rovi IP with its features for pausing...
CMCSA
NBC s Super Bowl ad inventory nearly sold out
Checking in with Super Bowl advertising NBC CMCSA 3 1 is almost sold out of its inventory for this year It has a handful of spots available for the Feb 4 championship game it says and is charging more than 5M for the average 30 second spot It s expecting ad sales revenue to exceed 900M for the Winter Olympi...
CMCSA
NBC expects ad sales record with Super Bowl Olympics
By Jessica Toonkel Reuters U S broadcaster NBC said on Thursday it expected to hit ad sales records for the Super Bowl and Olympic Winter Games both of which it will air next month showing that advertisers are hungry for live events that draw viewers on a real time basis NBC a unit of Comcast Corp NASDAQ CMCS...
WFC
Euro dips against U S dollar on dovish ECB tone
By Sam Forgione NEW YORK Reuters The euro dipped against the U S dollar on Thursday after European Central Bank chief Mario Draghi said policymakers did not discuss removing the bank s easing bias on monetary policy while the dollar jumped against the Swedish crown after the Riksbank extended its bond buying Th...
WFC
Wells Fargo CEO sees benefits to putting employees before shareholders
By Michael Flaherty BEVERLY HILLS Reuters Wells Fargo NYSE WFC Co Chief Executive Officer Tim Sloan said recruiting and retention have improved dramatically in the wake of a sales scandal as the third largest U S bank has made big changes to how it pays and evaluates employees in its branches The bank s re...
CMCSA
TV host Matthews was reprimanded after woman s 1999 complaint MSNBC
Reuters TV Hardball host Chris Matthews was reprimanded after he was accused in 1999 of making inappropriate comments about a female employee and the woman was given a separation payment MSNBC said on Sunday Representatives for Matthews 72 did not immediately respond to requests for comment The longtime ho...
WFC
San Francisco power outage hits financial hub for hours
By Alexandria Sage SAN FRANCISCO Reuters A power outage hit about 90 000 customers on Friday morning in San Francisco closing shops and snarling traffic in the city s technology and finance center as a large swath of the financial district lost electricity The utility PG E Corp reported a fire at a San Francisco ...
WFC
Two big California pension systems oppose nine Wells Fargo directors
By Ross Kerber BOSTON Reuters Officials of two large California public retirement systems said Friday they are voting against nine of 15 Wells Fargo Co directors up for election at the bank s annual meeting next week citing the bank s phony account scandal Leaders of the largest U S state pension system kno...
WFC
Wells Fargo has satisfactory living will plan Fed
WASHINGTON Reuters Wells Fargo Co N WFC has presented the Federal Reserve with a satisfactory plan on how to unwind its business in case of bankruptcy the U S central bank said on Monday The resolution plan or living will is required of the nation s largest banks and is meant to help prevent a future f...
WFC
Wells Fargo annual meeting about to start board to be re elected says WSJ
The annual meeting officially begins at 10 ET Live webcast here The votes are still coming in but the WSJ says the board is likely to be re elected in a close vote with support for some members likely to be uncomfortably low In other news Guggenheim this morning upgraded Wells Fargo WFC 1 6 to Neutral Analys...
WFC
Wells Fargo pauses annual meeting due to unruly shareholder
NEW YORK Reuters Wells Fargo Co s N WFC management ejected an unruly shareholder from the bank s contentious annual meeting on Tuesday after an extended period of argument and what the chairman characterized as a physical approach to a director Multiple shareholders stood and yelled at the board of directo...
WFC
Wells Fargo board gets black eye in shareholder vote
By Dan Freed and Ross Kerber PONTE VEDRA BEACH Fla BOSTON Reuters Wells Fargo Co N WFC shareholders showed displeasure with the scandal hit bank s board on Tuesday offering scant support for a dozen directors including Chairman Stephen Sanger in a vote capping a contentious annual meeting Only three dir...
WFC
The Housing Market Insanity On Full Display
Wells Fargo NYSE WFC recently announced a new mortgage product they are calling A game changer in the industry According to the bank this product is purported to facilitate the dream of homeownership to more people by wait for it lowering the down payment and out of pocket costs associated with more conventio...
CMCSA
Comcast drops bid for Fox assets leaving Disney in pole position
By Anjali Athavaley Reuters Comcast Corp NASDAQ CMCSA said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch s Twenty First Century Fox Inc leaving Walt Disney Co as the sole suitor in pursuit of the 40 billion plus deal Sources told Reuters last week that Disney was in the lead to ac...
CMCSA
Disney and 21st Century Fox are climbing as report says a deal for assets is coming Thursday
Disney and Fox are all set to announce the sale of Fox s entertainment assets to Disney later this week CNBC s David Faber reports The news sent shares of both the companies higher Watch the price of Fox move in real time on Markets Insider Reports that 21st Century Fox is expected to announce the sale of its en...
WFC
U S regulator knocks its own handling of Wells Fargo sales scandal
By Patrick Rucker and Pete Schroeder WASHINGTON Reuters Wells Fargo Co N WFC and its U S bank regulator discussed complaints of high pressure sales tactics as early as 2010 but officials took no action for years according to the regulator s review of the scandal Bank examiners failed to follow up on signi...
WFC
Exclusive Buffett likely voted shares to back Wells Fargo board
By Dan Freed NEW YORK Reuters Wells Fargo Co s N WFC largest investor Warren Buffett has likely already voted his shares to support the bank s recommendations at its contentious annual shareholder meeting next week a representative told Reuters on Wednesday which include reinstating most of the board s di...
WFC
Wells Fargo expands settlement to include more customer accounts
Reuters Wells Fargo Co N WFC said it would expand its class action settlement related to the lender s retail sales practices to include customer accounts as early as May 2002 The lender said it would add 32 million to the previous agreement for a total settlement of 142 million The expansion of this agre...
WFC
Tax Free Munis Q2 2016 Review
Low Lower Lowest The tax free bond market spent the second quarter slowly grinding to lower and lower yields especially in the longer maturity end of the curve where the muni market has set record lows for yields on the AAA scale The drop in the muni Treasury yield ratio on the longer maturity end is noteworthy as...