Wells Fargo & Company

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

WFC Articles

We recently gave a list of companies which we thought Warren Buffett might want to consider selling or lightening up on after Berkshire Hathaway Inc. (NYSE: BRK-A) disclosed that it had finally...
Analysts have hoped that the rate at which Americans become unemployed will slow in the second half of 2009. There has been some evidence that the period in which the economy would lose 600,000 or...
Short sellers are will to bet, at least for now, that the worst of the banking earning crisis is over. Short interest in a number of large financial companies fell sharply for the period ending July...
Reuters:   Obama says healthcare reform is essential to the recovery. Reuters:   CIT (CIT) bond advisers will push for Chapter 11. Reuters:   Democrats will fight with banks on consumer agency....
Wells Fargo & Company (NYSE: WFC) just posted a record quarter for earnings.  The headline numbers are considerably better than estimates. This might make Warren Buffett and Berkshire Hathaway...
Reuters:   A tech alliance between China and Taiwas is hurting Korea. Reuters:   Spple (AAPL) easily beat forecasts. Reuters:   CIT (CIT) still faces a number of financial challenges....
Short sellers upped their investments in stocks of the most prominent financial firms. Short interest in Bank of America (BAC), AIG (AIG), Wells Fargo (WFC), and Freddie Mac (FRE) all rose for the...
Reuters:   Japanes Topix index is expect to rise to 1,000. Reuters:   The US may need a second stimulus package. Reuters:   Hospitals have agreed to contribute $155 billion over ten years to...
Reuters:   Small banks are worried that new regulations will hurt their earnings. Reuters:   A judge approved the sale of GM assets. Reuters:   Rio Tinto (RTP) sold its food packaging assets...
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of the bank industry has...
Warren Buffett of Berkshire Hathaway, Inc. (NYSE: BRK.A) (NYSE: BRK.B) just gave an interview to CNBC’s Becky Quick ahead of the “Power Lunch” segment.  As far as green shoots in the economy,...
Deutsche Bank says that the commercial real estate market in America will not recover until 2017. Richard Parkus, Deutsche Bank head of Commercial Mortgage-backed Securities and Asset-Backed...
Reuters:   Airlines are cutting back on first class seating. Reuters:   Xstrata wants merger talks with mining rival Anglo American. Reuters:   Employers are cutting 401 (K) plans....
Bank of America’s (BAC) addiction to giving its senior employees huge bonuses has not ended. These used to be based on “performance.” A banker who created toxic asset products that could be...
Standard & Poor’s may still have at least some relevance in its debt ratings.  This morning we saw a wave of downgrades at banks by the debt ratings agency on systematic-risk and...