Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Wells Fargo

Citigroup Stock Soars After Q2 Earnings Beat, Smaller Bad Loan Provision

“In a challenging macro and geopolitical environment, our team delivered solid results and we are in a strong position to weather uncertain times," said CEO Jane Fraser.

The Street

Citigroup, Wells Fargo Surge On Earnings, PNC Rebounds At Close

Citigroup (C) led Friday morning's bank results with a positive surprise for analysts. Wells Fargo (WFC) missed second quarter estimates and PNC Financial (PNC) fell just short on revenue expectations. C stock jumped more than 13% during the trading day. WFC stock closed up 6.17% and PNC stock recovered from…

Investors Business Daily

Stock Market Today-7/15: Stocks End Higher After Solid June Retail Sales, Fading Big Fed Rate Bets

Fading Fed rate hike bets, as well as solid earnings from UnitedHealth, pushed stocks higher Friday following a solid reading for June retail sales.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

Wells Fargo Stock Jumps As Buyback Hopes Offset Q2 Earnings Miss, $580 Million Bad Loan Provisions

"We do expect credit losses to increase from these incredibly low levels, but we have yet to see any meaningful deterioration in either our consumer or commercial portfolios," said CEO Charlie Scharf.

The Street

Stocks Edge Higher, Banks, Retail Sales, Pinterest and President Biden in Focus - Five Things To Know

Stock futures edge higher as jumbo rate hike bets fade; Retail sales in focus amid gas price, inflation surge; Citigroup, Wells Fargo earnings on deck after JPMorgan miss; Pinterest shares surge on report of activist Elliott stake and Biden kicks-off controversial Saudi visit amid oil market retreat.

The Street

Credit Card Stocks: Which Are Wells Fargo's Favorites?

Credit-card companies face some speed bumps amid the potential for an economic downturn, Wells Fargo says.

The Street

Wells Fargo Says These Eight Energy Stocks Can Weather a Recession

Over the last month, the SPDR S&P Oil & Gas Exploration & Production ETF has lagged the S&P 500 by 27 percentage points.

The Street

Read news from The Economist, FT, and more,
with one subscription

General Electric Whale Trades For July 13

Someone with a lot of money to spend has taken a bearish stance on General Electric (NYSE:GE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Quiet Stock Market Session Ahead Of Inflation Report; Crude Oil Takes A Dive

Stock market indexes are running in place in quiet trading while investors await the June CPI.

Investors Business Daily

Stocks Market Mixed As Earnings Season Begins; Investors Look Ahead To Wednesday Inflation Data

The stock market was mixed Tuesday morning as earnings season began and investors kept a close eye on inflation.

Investors Business Daily

Wells Fargo Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 27 strange trades.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2022

Upgrades

Benzinga

JW Marriott foreclosure auction could be a broader sign of distress for the downtown hospitality industry

CHICAGO — Wells Fargo Bank took control of the 610-room JW Marriott Chicago hotel Friday morning with a winning bid of nearly $251 million during a foreclosure auction.

Chicago Tribune

Tesla, WD-40 Company And 40 Stocks Moving In Friday's Mid-Day Session

Gainers Aditxt, Inc. (NASDAQ: ADTX) shares surged 75.7% to $0.2812 after the company's Adimune therapeutic program completed a toxicology study indicating a favorable safety profile of ADI-100.

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 8, 2022

The Street

Fox Corp., Kroger on B of A List of Stocks Without Supply-Chain Risk

Some investors may want to be cautious about investing in companies that are vulnerable to problems with the global supply chain.

Benzinga

So What's Going On With Wells Fargo Shares Tuesday?

Wells Fargo & Co (NYSE: WFC) shares are off their intraday low of $38.51 and are trading lower by 0.70 % to $39.64 during Tuesday's trading session. Shares of banks and financial services companies are trading lower Tuesday amid broader economic concerns as traders assess the possibility of a

The Street

What is Wells Fargo's Favorite Bank Stock?

Second-quarter bank earnings reports likely won’t be so hot, but then the outlook improves, Wells Fargo analysts said.

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Wells Fargo Maintains Equal-Weight Rating for JPMorgan Chase: Here's What You Need To Know

Wells Fargo has decided to maintain its Equal-Weight rating of JPMorgan Chase (NYSE:JPM) and lower its price target from $150.00 to $120.00. Shares of JPMorgan Chase are trading down 0.2% over the last 24 hours, at $112.38 per share.

Los Angeles Times

Companies say they'll help employees access abortion. Are they serious about it?

After the Supreme Court overturned Roe vs. Wade, a wide swath of corporate America came out with a message for its workforce: We will pay to help you get an abortion in a place where it's still available.

The Street

Exxon, Others May Benefit From LNG Strength: Wells Fargo

Natural gas prices recently reached 13-year highs amid the Ukraine-Russia war. And Wells Fargo analysts believe the strength will continue.

Benzinga

Why SunPower Shares Are Trading Lower Today

Wells Fargo analyst Michael Blum initiated coverage of SunPower Corp (NASDAQ:SPWR) with an Underweight rating and a price target of $17. SPWR is a pure-play residential solar provider with over 444K customers. The analyst mentions that SPWR's largely new management team has pivoted its focus to customer service, with plans to increase offerings and…

StockNews.com

Wells Fargo Warns: Avoid These 3 Retail Stocks

The retail industry has been facing significant macroeconomic headwinds, including unprecedented supply chain disruptions and rising prices. Amid slowing consumer demand, Wells Fargo suggests avoiding retail stocks of Bed Bath & Beyond (BBBY), JOANN (JOAN), and Wayfair (W). These stocks are also rated Strong Sell or Sell in our proprietary…

Benzinga

Wells Fargo Initiates Generac Coverage With Overweight Rating

Wells Fargo analyst Praneeth Satish initiated coverage of Generac Holdings Inc. (NYSE:GNRC) with an Overweight rating and price target of $285. Satish noted the company is well-positioned to benefit from the continued growth of the home standby (HSB) market. The analyst mentions that the company recently added clean energy solutions, including residential solar inverters…

Benzinga

Wells Fargo's Return On Capital Employed Overview

According to Benzinga Pro, during Q1, Wells Fargo (NYSE:WFC) earned $3.80 billion, a 40.58% increase from the preceding quarter. Wells Fargo's sales decreased to $17.59 billion, a 15.65% change since Q4.

1 … 24 25 26 27

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.