Wells Fargo & Company
NYSE: WFC
$74.34
+$1.54 (+2.1%)
Closing Price on November 15, 2024
WFC Articles
Whether or not you like the earnings report from J.P.Morgan Chase & Co. (NYSE: JPM) probably depends upon which news outlet you read. The earnings are lower, but by less than expected. ...
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You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that just does not...
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They’re Here! Next week will launch the corporate earnings season for the third quarter. The media is going to tell you that this is the most important earnings season in quite some time. The...
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Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did today. Treasury Secretary...
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At times it seems that highly paid CEOs live in another universe that is barely related to the world the rest of us inhabit. And the CEOs of the largest US banks are among those at the outer reaches...
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Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably...
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For several years, investing in large alt energy projects depended on large commercial banks being able to profit from the tax equity generated by a project’s developer. That investment strategy...
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Today’s ratings actions have focused on commercial mortgage backed securities issued by several of the country’s largest banks — Morgan Stanley (NYSE: MS), Wells Fargo & Co. (NYSE: WFC),...
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Today’s ratings actions start of with a real no-brainer. McDonald’s Corp. (NYSE: MCD) received an ‘A’ rating from Fitch Ratings on a new $500 million 2.625%, 10.25-year senior unsecured note...
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Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C) rose 3% to 65.2 million....
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Each morning we review our top upgrades, downgrades and initiations from Wall St. research notes. We then look back over these at the end of the week to more closely review calls that highlight...
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Whether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440 billion or so to capitalize...
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The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s...
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Our daily look at credit and debt ratings actions has to lead off with the news that Moody’s has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells Fargo Corp. (NYSE: WFC), and...
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Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies. It is now looking to be no stranger to credit rating downgrades. Moody’s has...
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