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The Latest Breaking News from Wells Fargo

Pfizer Stock Dives As Analyst Calls For 'Covid Reset' And Downgrades Shares

Pfizer stock needs a "Covid reset," a Wells Fargo analyst said as he downgraded shares this week. In response, shares slipped Tuesday.

Investors Business Daily

Wells Fargo Stock Slides As Analysts Weigh-In On Q4 Earnings Beat

A pair of analysts' downgrades has Wells Fargo stock trading lower Tuesday following last week's better-than-expected fourth quarter earnings.

The Street

Wells Fargo Tries to Give Customers Perks Other Banks (Mostly) Don't

The embattled bank is seeking to regain the public's trust -- and savings.

The Street

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Dow Jones Gains; 3 Warren Buffett Stocks Eye Buy Points; Tesla Falls On This, Apple Stock Pops

The Dow Jones reversed higher. Tesla stock was forced lower. A trio of Warren Buffett stocks are eyeing buy points. Apple stock popped.

Investors Business Daily

Jamie Dimon is waffling on his economic ‘hurricane’ take yet again. His bank is now calling a ‘mild recession’ later this year

Wall Street banks are building cash reserves to cope with a “mild recession.” It’s a more optimistic outlook than some CEOs have previously offered.

Fortune

JPMorgan, Wells Fargo: Trading the Bank Stocks on the Earnings Reports

JPMorgan, Wells Fargo, Bank of America and Citigroup all opened lower on Friday after reporting earnings.

The Street

Big US banks report mixed earnings and gird for 'mild recession'

New York (AFP) - Major US banks reported mixed fourth-quarter results Friday as executives pointed to the rising odds of a "mild recession," with inflation and interest rate hikes challenging households and businesses.

AFP

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Dow Jones Falls 250 Points As JPMorgan Slides On Earnings; Tesla Dives On Price Cuts

The Dow Jones Industrial Average fell 250 points Friday, as JPMorgan sold off on earnings. Tesla stock dived on U.S. and European price cuts.

Investors Business Daily

Wells Fargo Stock Slides As Bigger Bad Loan Provisions Offset Q4 Earnings Beat

“Though the quarter was significantly impacted by previously disclosed operating losses, our underlying performance reflected the progress we are making to improve returns," said CEO Charles Scharf.

The Street

Dow Jones Futures Fall: JPMorgan Earnings, UnitedHealth Top; Tesla Slashes U.S., European Prices

UnitedHealth earnings topped, with JPMorgan and several banks on tap. Tesla slashed its U.S. and European prices.

Investors Business Daily

Dow Jones Futures Rise Ahead Of CPI Inflation Report; U.S.Airline Flights Grounded

Futures: The S&P 500 is back above its 50-day, but the CPI inflation report looms. An FAA glitch grounded U.S. domestic flights Wednesday morning.

Investors Business Daily

How Much Will Bank Stocks Move On Earnings? Draw Estimates With Option Prices

Bank stocks are expected to move between 3.80% and 5.90% over this week’s earnings announcements. Here's what the option market is saying.

Investors Business Daily

Millennial Money: 5 tactics to pay buy now, pay later debt

After the holiday season, those “buy now, pay later” bills will come due

The Independent UK

Dow Jones Rises Amid Powell Comments; Boeing Slides On Downgrade

The Dow Jones rose Tuesday amid Fed Chair Jerome Powell's comments. Aerospace giant Boeing slid on a downgrade.

Investors Business Daily

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Fortune

Air India owner expresses ‘anguish’ over urination scandal involving Wells Fargo executive

N Chandrasekaran, chairman of Air India parent company Tata Group, has expressed his "personal anguish" over the scandal.

The Independent UK

Air India boss describes ‘personal anguish’ at handling of urinating passenger incident

Statement comes after regulator pulls up airline for ‘systemic failure’ in dealing with incident

Dynamite News

"A matter of personal anguish," says Tata Sons on urination incident onboard Air India flight

Earlier, after facing backlash, Air India had issued show cause notices to four of its cabin crew and one pilot and de-rostered them pending investigations. Read on for details;

Fortune

The Air India passenger who urinated on a woman mid-flight has been fired by Wells Fargo, where he was a vice president

Wells Fargo said it was cooperating with police in India and found the incident “deeply disturbing.”

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Dynamite News

Air India Urination Case: Delhi Court Sends Shankar Mishra To 14 Days Judicial Custody

Delhi's Patiala House Court on Saturday sent accused Shankar Mishra, who had allegedly urinated on a co-passenger onboard an Air India flight between New York and Delhi on November 26 last year, to 14 days judicial custody. Read on for details:

AFP

Police arrest Indian executive for urinating on plane passenger

New Delhi (AFP) - A sacked executive of US banking giant Wells Fargo accused of urinating on a fellow passenger aboard an Air India flight has been arrested, a police spokesperson said Saturday.

Dynamite News

Mumbai Man, Who Urinated On Woman Onboard Air India Flight, Arrested From Bengaluru

Delhi Police on Saturday arrested Shankar Mishra, the Mumbai resident, who had allegedly urinated on a co-passenger onboard an Air India flight between New York and Delhi. Read on for details:

Evening Standard

The robot lawyer that speaks up to advocate on your behalf

The new voice bot managed to successfully get a refund from a US bank on transfer fees as part of a demonstration.

The Street

Wells Fargo VP Fired After Mid-Flight Urination Incident

The embattled bank has yet another scandal on its hands.

Reuters

Wells Fargo terminates employee over unruly behaviour on Air India flight

Wells Fargo said on Friday it had terminated one of its employees in India and was cooperating with local law enforcement, after allegations of misbehaviour onboard an Air India flight.

AFP

Wells Fargo sacks India executive for urinating on plane passenger

New Delhi (AFP) - US banking giant Wells Fargo on Friday sacked a top Indian executive now being pursued by police for allegedly urinating on a fellow passenger aboard an Air India flight.

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