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WFC | U S factory private payrolls data point to firming economy | By Lucia Mutikani
WASHINGTON Reuters U S factory activity accelerated to more than a two year high in January amid sustained gains in new orders and raw material costs pointing to a recovery in manufacturing as domestic demand strengthens and the drag from low oil prices ebbs
Other data on Wednesday showed priva... |
WFC | Trump travel curbs pose revenue challenges for U S colleges | By Megan Davies and Robin Respaut NEW YORK SAN FRANCISCO Reuters President Donald Trump s travel restrictions on people from seven countries could dampen international enrollment at U S colleges at a time they have become increasingly reliant on tuition revenue from overseas students Colleges and universities ha... |
WFC | A Rate Hike Amid Modest Growth Expectations | The Atlanta s Fed s GDPNow model raised its outlook for US economic growth in the third quarter to 1 5 in Tuesday s Sep 15 That s still a sluggish pace but it beats a kick in the head Alas it still falls short of a clear signal for raising interest rates which is potentially on the agenda at the Fed s policy m... |
CMCSA | AT T expands local television stations on DirecTV Now service | By Anjali Athavaley NEW YORK Reuters AT T Inc NYSE T has expanded the lineup of local channels on its DirecTV Now internet streaming service it said on Friday as the No 2 wireless carrier seeks to win online subscribers who prefer not to pay for a traditional cable package AT T which is in the process of buy... |
WFC | Schumer to Trump Don t fire U S consumer agency s head | WASHINGTON Reuters One of the most powerful Democrats in the U S Congress on Tuesday pressed President elect Donald Trump to keep the consumer financial watchdog agency s current director as rumors about a possible termination and replacement swirled Senate Democratic leader Chuck Schumer told reporters that Tr... |
WFC | Wells Fargo to stop giving branches advance notice of inspections | By Dan Freed Reuters Wells Fargo Co N WFC will eliminate its policy of notifying branches a day in advance before they are visited by internal inspectors a bank spokeswoman said on Tuesday The decision comes after the Wall Street Journal reported on the advance notice describing how it gave employees time ... |
WFC | Investors upbeat on data Fed wary of Trump | By Sinead Carew NEW YORK Reuters In an ordinary world a U S Federal Reserve meeting jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U S President s policy plans But the current world is less than ordinary and in the second ... |
WFC | Senator says U S Labor Department dismantled website for Wells Fargo workers | By Sarah N Lynch WASHINGTON Reuters Democratic Senator Elizabeth Warren on Friday accused the U S Labor Department of dismantling a website designed to help Wells Fargo N WFC workers file whistleblower retaliation and other complaints against the bank and asked the department to reinstate it In her letter t... |
WFC | Americans Rodgers and Snedeker share lead at Torrey Pines | Reuters Former college standout Patrick Rodgers seeking his first PGA Tour title produced bogey free golf in dazzling sunshine to charge into a two way tie for the lead after the third round of the Farmers Insurance Open outside San Diego on Saturday Four shots off the pace overnight American Rodgers fired a f... |
CMCSA | Olympics NBC monitors Korea tensions as it preps for Winter Games | By Liana B Baker SAN FRANCISCO Reuters U S broadcaster NBC is monitoring the security situation on the Korean Peninsula and so far does not expect to change its plans to send a more than 2 000 person workforce to the Winter Games in South Korea NBC Olympics president Gary Zenkel said in an interview on Thursday ... |
CMCSA | NBC to offer direct streaming of Premier League games | NBC Sports CMCSA 1 is making a major soccer broadcast move offering streaming access to a big chunk of games without a cable subscription The division will offer an over the top subscription to Premier League games starting with August s new season with 130 live games and at least three per club available for ... |
CMCSA | Trump draws strong criticism for assailing woman TV host in personal terms | WASHINGTON Reuters U S President Donald Trump assailed a woman TV news host in highly personal terms on Thursday calling her crazy and alleging she had been bleeding at one point from a facelift in a Twitter attack that drew strong criticism including from fellow Republicans Trump who often decries what he ... |
WFC | Head of fraud ring targeting Wells Fargo accounts gets seven year sentence | By Karen Freifeld
NEW YORK Reuters A California man behind an identity theft ring that stole more than half a million dollars from Wells Fargo Bank N WFC customers was sentenced on Thursday to over seven years in prison U S prosecutors said
Ronald Charles Reed 70 of Inglewood recruited Wells Fargo employe... |
CMCSA | Wecast Network sets up joint venture with supply chain focus | Wecast Network WCST 1 5 is forming a joint venture with the Beijing He Ying private equity fund to increase its focus on business to business infrastructure The two will join on Seven Stars He Ying Smart Cloud 51 owned by Wecast It says it will focus on supply chain finance supply chain management and financia... |
WFC | Wells Fargo looks to rebuild reputation with new compensation plan | Reuters Wells Fargo Co N WFC has unveiled a new compensation structure for branch bankers as it tries to recover from a scandal driven by aggressive sales targets that slammed its share price and led to the resignation of Chief Executive John Stumpf The new plan creates incentives based on customer service r... |
WFC | U S Transportation nominee Chao hits no roadblocks in confirmation hearing | By Diane Bartz WASHINGTON Reuters Donald Trump s choice to run the U S Transportation Department Elaine Chao defended the president elect s 1 trillion infrastructure plan as a bold vision on Wednesday in an overwhelmingly friendly Senate confirmation hearing While there is criticism of Chao in particular on... |
WFC | Weekly jobless claims rise import prices push higher | By Lucia Mutikani WASHINGTON Reuters The number of Americans filing for unemployment benefits rose less than expected last week pointing to a tightening labor market that is starting to spur faster wage growth Other data on Thursday showed import prices posting their largest gain in nearly five years in the 12 mo... |
WFC | Analysts Offer Differing Ratings Following Advanced Micro Devices | Advanced Micro Devices Inc NASDAQ AMD announced weak first quarter results on April 16 Shares of the semiconductor company dropped 8 in after hours trading following the earnings release The company reported losses primarily due to the weakening PC market and lower SOC sales
AMD posted first quarter revenue of 1... |
WFC | It s Time To Get Into This Stock | A stagecoach and some horses pulling it across the plains Nothing but sunshine and blue skies and fresh air It does not get much better than this rendition of Wells Fargo Company NYSE WFC from the mid to late 19th century A lot has changed in the world since then But the trend higher in the stock price seems to... |
WFC | Debate over firing U S consumer watchdog director intensifies | By Lisa Lambert WASHINGTON Reuters The debate over whether President elect Donald Trump should fire the head of a U S consumer watchdog after taking office came to a boil on Tuesday with congressional lawmakers sending off strong letters that dug into constitutional law Republican senators pushing Trump to fire... |
WFC | Overbought Pullback Off The 60 s | The sixty minute charts got very overbought once the market went green today after the bell rang with a slight move lower We rallied right away and saw RSI s reach as high as 77 on the Nasdaq and 75 on the S P 500 We all know that these levels are basically unsustainable over time It didn t take long to see the mar... |
CMCSA | Hulu launches live TV streaming service | Reuters Hulu LLC said on Wednesday it has launched its live TV streaming service putting itself in the center of a growing and competitive market as viewers increasingly watch TV through the internet rather than on cable and satellite television
For 40 a month Hulu will offer 50 sports news entertainment and ... |
CMCSA | Comcast launches new WiFi service as connected devices grow | By Anjali Athavaley NEW YORK Reuters Comcast Corp NASDAQ CMCSA launched a new cloud based service on Monday that allows users to control and monitor their Wi Fi usage as the largest cable provider in the U S looks for ways to boost consumer loyalty in its broadband business The service called XFi allows user... |
CMCSA | Snap Stock Dips To New All Time Low Again | Shares of Snap Inc NYSE SNAP slumped again on Friday closing about 2 75 lower and touching a new all time low during afternoon trading hours The struggling social media stock is now nearly 15 below its IPO price
After closing at 14 89 per share on Thursday Snap slipped as low as 14 34 a new all time bottom... |
CMCSA | 3 Reasons Why Comcast Corporation CMCSA Could Beat Earnings Estimates | Comcast Corporation NASDAQ CMCSA is among the world s leading communication companies providing basic cable digital cable and high speed internet services that connect people to what s important in their lives More importantly the company is prepared to release its quarterly earnings report before the market o... |
CMCSA | 3 Telecom Stocks Set To Beat Estimates This Earnings Season | Telecom service provider stocks have not performed well in the second quarter of 2017 The industry has declined 3 09 underperforming the S P 500 s rally of 16 53 Several near term headwinds continue to persist The chief ones include growing price competition for wireless services which are likely to reduce carr... |
WFC | Dollar little changed in light pre Christmas trade | By Richard Leong NEW YORK Reuters The dollar held steady on Friday in a tight trading range as traders moved to the sidelines ahead of the Christmas holiday weekend leaving the greenback about half a percent below a 14 year peak set earlier this week The dollar will likely resume its recent rally when the new ye... |
WFC | U S Justice Dept orders whistleblower to testify in Wells Fargo probe | By Sarah N Lynch Reuters The U S Department of Justice has subpoenaed a high profile whistleblower in its criminal investigation into Wells Fargo Co s N WFC opening of accounts without customer permission U S prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron who lost a private la... |
WFC | Stocks could suffer as Trump trade policy takes shape | By Rodrigo Campos NEW YORK Reuters The year end stocks rally on the heels of the election of Donald Trump as U S president was built on expectations of reduced regulations big tax cuts and a large fiscal stimulus Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the ho... |
WFC | Investors brace for 2017 shocks after surprise 2016 run | By Lewis Krauskopf and Chuck Mikolajczak NEW YORK Reuters After a late year rally fueled by the U S election pushed stocks to surprising new peaks investors are wary that the market could be primed for a spill to start 2017 The benchmark S P 500 SPX is set to post a roughly 10 percent price gain for 2016 and a... |
WFC | Sales practices a key risk to banking system says U S regulator | By Lisa Lambert WASHINGTON Reuters Wells Fargo s phony account scandal has spurred a top U S bank regulator to count sales practices as a chief risk to the country s banking system and to embark on a wide sweeping review of large and mid sized institutions In a half yearly report on threats to banks the Office o... |
WFC | U S dollar to extend rally in 2017 may hit one to one with euro Reuters poll | By Sumanta Dey Reuters The U S dollar will keep strengthening against the euro with even chances of reaching parity this year a Reuters poll showed on Friday on expectations that President elect Donald Trump s planned tax cuts will force interest rates higher It was also expected to strengthen against Britain s... |
CMCSA | Global stocks slip after Trump tax plan euro softens after ECB | By Chuck Mikolajczak NEW YORK Reuters A gauge of world stock markets slipped on Thursday as a three day rally stalled in the wake of a largely expected U S tax cut plan while the euro weakened after comments from European Central Bank President Mario Draghi On Wall Street stocks edged higher as the Nasdaq notc... |
WFC | SEC asks Wells Fargo to explain loan accounting practices | By Dan Freed Reuters The top U S securities regulator has questioned Wells Fargo NYSE WFC Co over its accounting for a roughly 20 billion portfolio of troubled loans In a letter sent in September that became public on Tuesday the Securities and Exchange Commission SEC asked the bank s controller Richar... |
WFC | Wells Fargo says account openings fall in November | Reuters Wells Fargo Co N WFC reported another decline in monthly consumer account openings indicating that the bank is having trouble rebuilding its reputation after a sales scandal The bank agreed in September to pay regulators 185 million to settle charges that its staff opened as many as 2 million accou... |
WFC | BNP Paribas says makes first real time blockchain payments for clients | PARIS Reuters France s BNP Paribas PA BNPP said it had processed its first live payments in various currencies for two corporate clients via blockchain technology in a further sign of the growing importance of the new technology for major banks Blockchain is a web based transaction processing and settlement s... |
WFC | FINRA fines Wells Fargo others 14 million for records changeable format | By Elizabeth Dilts NEW YORK Reuters The Financial Industry Regulatory Authority said it fined several Wells Fargo NYSE WFC Co businesses RBC Capital Markets LPL Financial and others a combined 14 4 million on Wednesday for record keeping problems that may have allowed company and customer documents to be a... |
WFC | Top Trade Ideas For The Week March 16 2015 Bonus Idea | Here is your Bonus Idea with links to the full Top Ten
Wells Fargo NYSE WFC rose off of the October low but has struggled at resistance just under 56 But back at that level for the third time and from progressively higher lows it looks good for a technical break out higher The Ascending triangle it has built sinc... |
CMCSA | Company News For July 03 2017 | Shares of West Marine Inc NASDAQ WMAR surged 33 2 after Monomoy Capital Partners decided to purchase the company for 12 97 per share Shares of American Outdoor Brands Corporation NASDAQ AOBC declined 7 4 after reporting adjusted earnings of 0 57 per share down by 13 6 year over year AMC Netw... |
WFC | Euro drops for second day after dovish ECB meeting | By Karen Brettell NEW YORK Reuters The euro dropped on Friday for the second consecutive day after the European Central Bank on Thursday extended its bond buying program longer than many had anticipated even as it cut the size of the monthly purchases The ECB said it would reduce its monthly asset buys to 60 bill... |
WFC | Coke CEO Muhtar Kent hands reins to Quincey in widely expected move | By Siddharth Cavale and Sruthi Ramakrishnan Reuters Coca Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks Quincey s ascension was wid... |
WFC | U S regulator to fail Santander on community lending sources | By Patrick Rucker WASHINGTON Reuters A U S bank regulator is poised to fault Spanish lender Banco Santander SA MC SAN for doing too little to reach poor neighborhoods and will fail the bank on a test of community lending according to sources familiar with the situation The decision by the Office of the Comp... |
WFC | U S regulator launches hotline for ex Wells Fargo bankers fired during scandal | By Elizabeth Dilts NEW YORK Reuters A private U S regulator launched a hotline on Friday to hear from ex Wells Fargo Co employees who were fired for allegedly opening unauthorized accounts after news reports that the bank may have retaliated by terminating whistleblowers in the scandal Federal regulators ordere... |
CMCSA | Comcast Cable CTO Kotay leaving company | Comcast Cable CMCSA 0 4 Chief Technology Officer Sree Kotay has left the company for personal reasons He had been promoted to that role last year replacing Tony Werner who had moved up to president Technology and Product Kotay joined the company in 2007 as chief software architect and played a key role in laun... |
WFC | Bank lobby presses for commission to lead consumer watchdog agency | WASHINGTON Reuters Bank lobbying groups are pressing the U S Senate to once again work on reforming the country s consumer financial watchdog agency but this time around they may see those changes become reality In a letter to Senate leaders released on Wednesday the groups including the Consumer Bankers Assoc... |
WFC | Wells Fargo WFC Rises On Organic Growth Should We Hold | On Nov 28 2014 we issued an updated research report on Wells Fargo Company NYSE WFC Shares of this major regional bank have recorded a year to date return of 23 8 The bank recently reported impressive third quarter 2014 results
Results were aided by increased loan and deposit balances along with higher revenue... |
WFC | Yields Another Phase For The New Normal | The Treasury market s implied inflation forecast continues to fade dipping to 1 70 Thursday Dec 11 close to a four year low based on the yield spread for the nominal 10 year Note less its inflation indexed counterpart The slide looks worrisome but appearances can be deceptive at a time when US economic growth... |
CMCSA | Comcast s Fandango Media to launch online merchandise store | Reuters Fandango Media LLC a Web based movie ticketing platform owned by Comcast Corp NASDAQ CMCSA said it would launch an online merchandise store next month Fandango FanShop will offer curated wearables collectibles experiences and events tied to theatrical releases and movie franchises FanShop s initia... |
CMCSA | Facebook adds camera features moving closer to Snapchat | By David Ingram SAN FRANCISCO Reuters Facebook Inc O FB is giving the camera a central place on its smartphone app for the first time encouraging users to take more pictures and edit them with digital stickers that show the influence of rival Snapchat Shares of Snapchat owner Snap Inc N SNAP which held i... |
CMCSA | Comcast to expand streaming service amid cord cutting trend | This March 27 story corrects second paragraph to make clear ESPN is not an add on option but part of regular offerings By Anjali Athavaley and Jessica Toonkel NEW YORK Reuters Comcast Corp NASDAQ CMCSA is planning to rebrand and expand a streaming video option for broadband subscribers who do not want to pay fo... |
CMCSA | NBCUniversal slightly ahead of Sochi for 2018 Winter Olympics ad sales | By Tim Baysinger Reuters Comcast NASDAQ CMCSA Corp s NBCUniversal is pacing ahead in the amount of advertising inventory it has sold for next February s Winter Olympics compared with the same time four years ago NBC Sports executives said on Wednesday NBCUniversal is paying 963 million for the right to broadca... |
CMCSA | Cord Cutters Stunned by TV Company s Comeback | Cable s once rapt audience has been cutting the cord in droves
But one left for dead company is making a shocking recovery
Shares won t stay this cheap for long
Thirty years ago cable television was one of the most powerful forces in the world
Through its walled garden a person could get their news movies and sp... |
WFC | Citizens Bank signs SigFig for robo adviser investment services | By Elizabeth Dilts NEW YORK Reuters Rhode Island based Citizens Bank said Thursday it is partnering with SigFig a leading robo adviser to help manage the portfolios of the bank s 1 2 million middle income retirement savers Citizens is the third major bank with a wealth management business to sign a deal with Si... |
WFC | U S bill would allow Wells customers go to court over scandal | By Suzanne Barlyn Reuters Legislation introduced by two Democratic lawmakers on Thursday would allow Wells Fargo NYSE WFC Co customers to go to court instead of private arbitration to resolve claims about accounts opened without authorization according to a media release The bill which faces an uphill ba... |
WFC | U S military veterans backing North Dakota pipeline protests | By Ernest Scheyder and Terray Sylvester CANNON BALL N D Reuters U S military veterans plan to build a barracks on Friday at a protest camp in North Dakota to support thousands of activists who have squared off against authorities in frigid conditions to oppose a multibillion dollar pipeline project near the Stan... |
WFC | Buffett s Berkshire could get 29 billion Trump tax boost analyst | Reuters Warren Buffett s Berkshire Hathaway Inc N BRKa could get a 29 billion boost to its book value if President elect Donald Trump is able to slash the U S corporate tax rate to 15 percent from 35 percent Barclays LON BARC Capital wrote on Monday Trump s proposed reduction could help Berkshire lower ... |
WFC | Wells Fargo expects short term profit hit from interest rates rise CEO | By Dan Freed Reuters Wells Fargo Co N WFC will see a near term profit hit because of the sharp rise in interest rates Chief Executive Officer Tim Sloan said on Tuesday The news may be somewhat surprising to investors who have been bidding up shares of Wells Fargo and other banks in part because of the view... |
WFC | Asian Equity And Currency Traders Are Underwhelmed | On Monday morning there was little action in the Asian markets which traded marginally positive taking cues from higher US equities in the last week This might prompt the yen to open a tad stronger however from the global front the euro currency is trading down and the US Index is higher at 80 26 indicating the ga... |
WFC | Wells Fargo 5 Bonus Trade Ideas | Here is your Bonus Idea with links to the full Top Ten
Wells Fargo Company NYSE WFC
Wells Fargo had been pulling back in a falling channel since the beginning of June until it broke the downtrend higher a week ago It has consolidated since then at the 50 day SMA and looks ready for a break higher The RSI paused ... |
CMCSA | Hulu to launch non stop customer service as it readies live TV | Reuters Hulu will provide customer help 24 hours a day seven days a week ahead of the upcoming launch of its live TV streaming service and plans to open a service center by the fall doubling investment in customer service over the next year so it can cope better with any glitches that arise the company told Reu... |
CMCSA | NBCUniversal invests 500 million in Snap s IPO | By Jessica Toonkel Reuters Comcast Corp s O CMCSA NBCUniversal has invested 500 million in Snapchat owner Snap Inc N SNAP according to a memo on Friday its latest move aimed at driving digital growth as more viewers go online for their favorite content Like other traditional U S media companies NBCU is ... |
CMCSA | Schwarzenegger fired didn t quit Apprentice Trump | NEW YORK Reuters U S President Donald Trump disputed Arnold Schwarzenegger s announcement about quitting as host of the reality show The Celebrity Apprentice saying on Saturday that Schwarzenegger was leaving involuntarily after drawing few viewers Schwarzenegger had announced on Friday that he would not retur... |
CMCSA | Exclusive Former Global Crossing CEO bets on over the top streaming video | By Jessica Toonkel NEW YORK Reuters The founder of former telecommunications company Global Crossing Inc Gary Winnick has acquired a majority stake in live streaming concert service Qello the first step in creating a new company and technology platform to capitalize on the surge in online TV consumption Winnic... |
CMCSA | Why Is Comcast CMCSA Up 3 3 Since The Last Earnings Report | It has been about a month since the last earnings report for Comcast Corporation NASDAQ CMCSA Shares have added about 3 3 in that time frame outperforming the market
Will the recent positive trend continue leading up to the stock s next earnings release or is it due for a pullback Before we dive into how inve... |
WFC | Wells Fargo asks U S court to dismiss account scandal lawsuit | By Suzanne Barlyn NEW YORK Reuters Wells Fargo Co N WFC has asked a U S court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court according to legal documents The motion filed in the U S District ... |
WFC | Wells Fargo employees sue over funds in retirement plans | By Jonathan Stempel Reuters Wells Fargo Co N WFC faces a new U S lawsuit claiming that it funneled more than 3 billion of employee retirement savings into expensive underperforming proprietary mutual funds to enrich itself The proposed class action lawsuit filed on Tuesday in federal court in Minnesota ... |
WFC | U S financial watchdog puts employee incentives under the microscope | WASHINGTON Reuters The U S Consumer Financial Protection Bureau on Monday released guidance on how companies should use incentives to get higher productivity out of workers showing it is making good on its promise to scrutinize possibly compromising practices after the Wells Fargo NYSE WFC scandal The CFPB ... |
WFC | Warren slams Wells Fargo over arbitration position | By Suzanne Barlyn NEW YORK Reuters Massachusetts Democratic Senator Elizabeth Warren on Monday criticized Wells Fargo Co s N WFC decision to require customers affected by its unauthorized accounts scandal to go through arbitration rather than allowing them to sue The San Francisco based bank last week asked ... |
WFC | State treasurers renew call for independent chair at Wells Fargo | By Ross Kerber Reuters Investors including the state treasurers of Connecticut and Illinois called on Wells Fargo NYSE WFC Co to require an independent board chair saying the bank needs stronger oversight in the wake of a scandal over fake customer accounts Although Wells Fargo already has shuffled its le... |
WFC | Wells Fargo general counsel postpones planned retirement | By Dan Freed Reuters James Strother Wells Fargo Co s N WFC general counsel who had originally planned to retire at year end will stay on indefinitely in the position to deal with fallout from the bank s sales scandal according to a bank spokesman In light of recent events the decision was made to have J... |
CMCSA | Despite overtime finish NFL Super Bowl draws lower TV ratings | By Tim Baysinger Reuters Fox Television s broadcast of Super Bowl LI on Sunday night drew 111 3 million viewers according to Nielsen data released by the network on Monday the smallest audience for the National Football League s title game in four years The contest included a thrilling finish with the New Engla... |
CMCSA | U S regulator charges China citizens over Comcast Dreamworks trades | WASHINGTON Reuters The U S Securities and Exchange Commission said on Friday it had filed civil securities fraud charges against five Chinese citizens for alleged insider trading ahead of the April 2016 acquisition of DreamWorks Animation SKG Inc by Comcast Corp O CMCSA
The SEC said in a statement it had also w... |
CMCSA | NBC buys stake in Euronews names new president | Reuters NBCUniversal the U S media conglomerate owned by Comcast Corp O CMCSA has made an investment in European broadcaster Euronews and named Noah Oppenheim as the president of NBC News according to an internal memo seen by Reuters on Tuesday Financial details of the investment were not disclosed in the me... |
WFC | U S consumer agency seeks full court review of ruling against its structure | WASHINGTON Reuters The U S Consumer Financial Protection Bureau late on Friday asked the entire U S Court of Appeals for the District of Columbia to review an October decision that its structure is unconstitutional The review will involve all the court s judges a group generally seen as more liberal on the whol... |
WFC | Wells Fargo faces tighter controls as U S regulator reverses course | By Patrick Rucker WASHINGTON Reuters A leading U S bank regulator on Friday reversed course and positioned the agency to claw back pay of former executives at Wells Fargo NYSE WFC Co after a phony accounts scandal The lender must also now seek prior approval before naming new bank leadership said the Offic... |
WFC | OCC shocker tightens regulatory noose for Wells Fargo | In a surprise announcement late yesterday the OCC unilaterally changed the terms of its September agreement with Wells Fargo NYSE WFC in regards to the account opening scandal The bank says the agency is now prohibited from offering golden parachute payments to exiting executives and must now get a green ligh... |
WFC | Obama admin seeks curbs on mandatory arbitration for insurance | WASHINGTON Reuters The Obama administration is pressing U S states to curb insurers use of fine print in contracts that bars unsatisfied customers from suing taking the latest step against mandatory arbitration clauses in an insurance report released by the Treasury Department on Monday The federal government... |
WFC | Bonus Trade Idea Wells Fargo Company | Here is your Bonus Idea with links to the full Top Ten
Wells Fargo Company NYSE WFC
Wells Fargo is poking through the top of a consolidation channel between 48 80 and 50 It has support for more upside from a rising RSI in the bullish zone and a MACD that crossed up and is rising The Bollinger bands are also ris... |
CMCSA | Fox News anchor Megyn Kelly leaving to join NBC | By Jessica Toonkel and Tim Baysinger Reuters Fox News Channel anchor Megyn Kelly a star of the U S cable network s highly rated prime time lineup has decided to leave to join NBC News in a broad role that includes hosting a one hour daytime news show NBC announced on Tuesday Kelly also will anchor a Sunday nig... |
CMCSA | CBS signs deal to be on Hulu s live streaming platform | Reuters CBS Corp NYSE CBS has signed a deal to have its broadcast network and some cable programming on Hulu s live streaming service which is expected to go live this year the companies said Wednesday Under the deal the New York based broadcaster s sports programming including its NFL games and the NCAA Div... |
CMCSA | Fox News anchor Greta Van Susteren joins MSNBC | Reuters Comcast Corp s O CMCSA MSNBC unit said on Thursday that Fox News veteran Greta Van Susteren had joined the company and will host a new program called For the Record Van Susteren hosted On the Record with Greta Van Susteren for 14 years at Fox News a unit of Twenty First Century Fox Inc O FOXA Va... |
CMCSA | Facebook hires former CNN anchor Campbell Brown for news role | By Tim Baysinger Reuters Former CNN reporter anchor and host Campbell Brown is joining Facebook Inc NASDAQ FB to lead its news partnerships team an appointment aimed at repairing the online social media company s troubled relationship with the traditional media Brown announced the move in a post on her Face... |
CMCSA | NBCU shutting cable s Esquire Network re launching as digital | By Tim Baysinger Reuters Comcast Corp s NBCUniversal is shutting down its Esquire Network cable channel one month after it was dropped by DirecTV and will re launch it this spring as a digital only brand the company said on Wednesday Esquire will return as a direct to consumer service on Esquire com which will... |
CMCSA | Cable ONE CABO Tops Earnings And Revenue Estimates In Q1 | Small sized cable MSO multi service operator Cable ONE Inc NYSE CABO reported strong financial results in the first quarter of 2017 wherein both the top line and bottom line surpassed the Zacks Consensus Estimate Quarterly net income was 33 2 million highlighting an increase of 22 9 from the first quarter o... |
WFC | Financial ETF sees fastest ever inflows | Investors poured 4 9B into the Financial Sector SPDR NYSEARCA XLF in the week following the election the fastest weekly pace ever and more than the fund has accumulated in the past three years combined Source BloombergIn the week ended yesterday the XLF gained 11 its first weekly stretch of double digit gains... |
WFC | Account openings card applications tumble at Wells Fargo | The new Wells Fargo NYSE WFC is now reporting monthly retail banking activity Customer Interactions Customer interactions with tellers were down 10 Y Y in October as clients move to mobile where digital sessions were up 7 Branch banker interactions fell from September and Y Y thanks to a slowdown in new accoun... |
WFC | Wells Fargo says account openings slow in October | Reuters Wells Fargo Co s N WFC account openings slowed in October following a sales scandal that shattered the bank s folksy image triggered federal and state investigations and cost the bank s chief executive his job October consumer account opens fell 27 percent from September and were down 44 percent fr... |
WFC | The Case For Deflation | The Bureau of Labor Statistics BLS reports inflation in the U S economy increased by 0 1 in February from the previous month As usual these numbers have again brought up the theory of deflation a period when general prices decline
Reasons For Deflation Fear
In 2013 inflation for the entire year was 1 5 In ... |
WFC | Wells Fargo To Report Higher Earnings Lower Revenue | Wells Fargo Company NYSE WFC is set to report FQ1 2014 earnings before the market opens on Friday April 11th Wells Fargo is one of the largest banks in the United States In pre earnings coverage for JPMorgan Chase we mentioned how a JPMorgan s earnings expectations have been taken down throughout the quarter as t... |
CMCSA | Turner will create shows for Snapchat in expanded partnership | By Tim Baysinger Reuters Turner Broadcasting System Inc will create more video content for mobile app Snapchat and collaborate with the social media company on advertising Turner said on Wednesday as they expand a partnership to broaden their reach among millennials TV networks of the Time Warner Inc NYSE TWX... |
CMCSA | IOC USOC and NBC join forces on U S sports channel | Reuters The International Olympic Committee United States Olympic Committee and NBC Universal have joined forces to bring year round Games programming to the United States The new partnership complements the Olympic Channel that launched as a worldwide digital platform following the 2016 Rio de Janeiro Games Du... |
CMCSA | FCC chairman to step down handing GOP a majority | By David Shepardson WASHINGTON Reuters U S Federal Communications Commission Chairman Tom Wheeler plans to step down on Jan 20 he said on Thursday a move expected to hand Republicans a 2 1 majority on the panel when Donald Trump takes office as president Wheeler could have kept the commission at 2 2 until Trum... |
CMCSA | Ratings tick up for Thursday football toward season s end | Thursday Night Football has ended for the year and ended well for NBC CMCSA 0 5 with its share of the schedule averaging 17M viewers That s up from the CBS CBS 0 3 five game portion earlier in the season which averaged 14 7M viewers but competed with a heavily watched U S presidential election NBC s games... |
CMCSA | ESPN posts second worst Monday Night Football season | By Tim Baysinger Reuters If not for this past Monday night s highly watched NFL game The Walt Disney Co s ESPN network would have had its smallest audience for Monday Night Football in 2016 since the 2006 season The National Football League has been plagued all season by ratings downturns forcing its TV partn... |
WFC | Republicans to U S securities regulator Leave new rules to Trump | By Lisa Lambert WASHINGTON Reuters Republican lawmakers told the top U S securities regulator on Tuesday they are concerned her agency will rush out new rules in the final weeks that President Barack Obama a Democrat holds the Oval Office The chair of the House Financial Services Committee Jeb Hensarling who ... |
WFC | A post Trump SEC could shake up current policy | By Sarah N Lynch WASHINGTON Reuters It will be a new day at the U S Securities and Exchange Commission after President elect Donald Trump installs his choice to run the agency With Trump s transition team already in regulatory relief mode and promising to revamp the Dodd Frank financial reform legislation some ... |
WFC | Are Investor Fears Over EM Contagion Justified | The market s fear index is flipping out
Trading volumes in front month VIX futures hit a record high last week in terms of the number of contracts traded
Anomaly Hardly
It turns out that this surge in weekly trading volume caps off the VIX s largest monthly trading volume too
In other words fears have been bu... |
WFC | US Economy You Want the Good News Or The Bad News | We ve got some good news and we got some bad news Seems to have become the story of the U S economic recovery The good news is that Washington managed to pass the debt ceiling law which takes the anchor from around the economy s neck till next year Then the passed the budget which removed any further shutdowns unti... |
WFC | Economic Growth Blame It On The Weather | The sharp drop in confidence among home builders this month adds another disappointing number to the growing list of troubling economic updates Unusually severe weather conditions across much of the nation along with continued concerns over the cost and availability of labor and lots caused builder confidence in the ... |
WFC | Excessive Borrowing Increased Debt Financial Crisis Ahead | Turns out the whiz kids in Silicon Valley aren t the only ones playing with funny money these days So are mom and pop Americans
In the same week that Facebook FB plunked down 12 billion in stock to buy WhatsApp the latest report from the Federal Reserve Bank of New York revealed that U S consumers don t mind spe... |
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