Wells Fargo & Company
NYSE: WFC
$53.57
-$0.59 (-1.1%)
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WFC Articles
Wells Fargo (NYSE: WFC) will modify 55,000 mortgages, a tacit admission that it had done something wrong with the home loans in the first place. The big bank announced that: Out of an abundance of...
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Mortgage investors have begun to pressure banks to buy back bad loans. (Reuters) China may use its rare earth stocks to help it move ahead with alternative energy. (Reuters) Bank of Japan released...
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Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an exit...
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Wells Fargo & Co. (NYSE: WFC) managed to beat earnings this morning. Warren Buffett’s favorite bank posted a gain of 19% in net income of $3.15 billion, translating to $0.60 EPS on revenues...
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Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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WSJ: Private equity interests and AOL (NYSE: AOL) may make a bid for Yahoo! (NASDAQ: YHOO). Reuters: RealtyTrac said the number of homes taken by foreclosure topped 100,000 for the first time...
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Bears be damned! That is what Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-B) wants to say. Buffett is already probably the most well known perma-bull and needs no formal introduction. ...
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Bank of America (NYSE: BAC) shares have dropped to 52-week low in the last few days. So has Wells Fargo (NYSE: WFC). Morgan Stanley (NYSE: MS) and Citigroup (NYSE: C), and quasi-bank GE (NYSE: GE) is...
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There is an unbelievable number of critical stocks hitting 52-week lows this afternoon going into the options expiration date and going into the weekend. The double-dip recession fears have...
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If no one wants to borrow money even as long-term interest rates are low and going lower, then it’s hard to see how a bank is going to make money. That, at least, is the view of an analyst at...
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What happens when large hedge funds shut down? They unload their holdings, at least assuming the clients say they would prefer to receive share distributions. Stanley Druckenmiller is shutting...
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Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has shown its latest holdings as of the close on June 30, 2010. These have been broken down into 3 groups of ‘A to G’ and ‘H to R’ and ‘S to...
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Calling all major banks for upside targets! Earnings season has so far shown strong to decent bank earnings considering the recent passage of Financial Regulation and considering the end of May to...
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Short sellers pushed back into banks and other financial firms during the period that ended on July 15. It may be that they sensed earnings would be weak. Or, that the recent financial reform...
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Banking analysts came out of the cracks in the floor this morning to be positive on Wells Fargo & Company (NYSE: WFC). We have seen positive calls from several different firms. Dick Bove of...
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