Wells Fargo & Company

NYSE: WFC
$74.34
+$1.54 (+2.1%)
Closing Price on November 15, 2024

WFC Articles

It is the weekend and that means a review of last week’s unusual suspects and a review for key stocks in the week ahead.  Technically earnings season gets its first earnings report from a DJIA...
It was a surprise when Ken Lewis, the CEO of Bank of America (BAC), finally resigned. Neither shame nor pressure could move him out of his corner office. He was replaced as the bank’s chairman and...
The IMF issued its Global Financial System report and one of the most critical points of its analysis is that banks face another $1.5 trillion in writedowns. That is on top of the $1.3 trillion that...
Short sellers posted a mixed record on big banks. Short interest in Citigroup (C) plunged by 73% to 177.5 million shares. The short interest in Bank of America (BAC) was down 18% to 82.2 million....
It may be a decade or more from now, but the time will come when there are no bank branches at all. Broadband will be in 90% of American homes. Banking will be done online to save customers time and...
Reuters:   Obama’s move on trade with China makes good on a promise to labor. Reuters:   Uninsured Americans hope healthcare reform will bring them coverage. Reuters:   Adobe (ADBE) will buy...
Now that we are out of the woods in the crash scenario, assuming this week is no ill omen, investors may want to know which of the big companies would start to deploy their billions and billions of...
Reuters:   Sales  growth of Ford (F) and Hyundai topped other car companies. Reuters:   The EU could slow a takeover of Sun (JAVA) by Oracle (ORCL). Reuters:   Home sales and factory orders...
Wells Fargo (WFC) and a lot of other American banks got in trouble by being more liberal than they should have been in their loan practices. Financial firms made to many risky mortgage loans, too...
Reuters:   UBS (UBS) shares may fall when the Swiss government sells out. Reuters:   The US deficit estimate was trimmed to $1.59 trillion. Reuters:   A homeowner sued Wells Fargo (WFC) over a...
Fidelity Management & Research Company, or FMR, was among the giants which released its quarterly holdings over the most recent days.  While it is always interesting to see which holdings are...
Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has released its public stock holdings for Q2-2009 as of June 30, 2009.  Buffett did make some portfolio changes that have been seen here from the end of...
Short sellers moved out of financial shares in great numbers. As of August 11, the short interest in Citigroup (C) fell 71% to 343 million shares. Share sold short in GE (GE) fell 15% to 143 million....
Reuters:   A college education no longer means easy employment in China. Reuters:   Fannie Mae (FNM) lost $14.8 billion. Reuters:   The auto “clunkers” legislation passed the Senate....
The stock price of Berkshire Hathaway (BRK-A) hit $100,000 today, up from a 52-week low of $70,000, but still well off its period high of $147,000. Berkshire’s chief Warren Buffett has made a...