Stocks and Finance

Wells Fargo

Wells Fargo 2/6/2012

12:16 : Berkeley considers new banks to replace Wells Fargo - Berkeley's considering saying adios to the stagecoach. Saying they're fed up with Wells Fargo's corporate ethics, the Berkeley City Council this week took steps toward cutting ties with the banking giant and investing...
Source : sfgate-com

Wells Fargo 2/1/2012

14:59 : Wells Fargo ([[WFC]] +4%) says it's completed its acquisition of U.K. ... - Wells Fargo (WFC +4%) says it's completed its acquisition of U.K. lender Burdale Financial Holdings and the portfolio of Burdale Capital Finance from the Bank of Ireland. Post your comment!
Source : seekingalpha-com

Wells Fargo 1/31/2012

21:43 : Kovacevich-Buffet phone call led Wells Fargo to investment banking - Wells Fargo & Co. is expanding into the investment banking business partially due to a 10-minute phone call between former Wells CEO Dick Kovacevich and Warren Buffett. Bloomberg Markets Magazine details that turning ...
Source : bizjournals-com

Wells Fargo 1/30/2012

13:30 : Bernstein Sees 2012 Buybacks From JPMorgan, Wells Fargo, Even Citi, But ... - With fourth-quarter earnings season in the rearview mirror for the largest U.S. financial institutions, Bernstein Research is out with a note Monday refreshing its take on the capital return outlook for 2012. Not surprisingly, ...
Source : forbes-com

Wells Fargo 1/27/2012

18:46 : Wells Fargo (WFC) is 'the bank that works,' a Forbes cover story says: ... - Wells Fargo (WFC) is "the bank that works," a Forbes cover story says: "Wells does what banks are supposed to do: take deposits and then lend the money back out." Interest margin drives half its revenues; fees from mortgages, investment ...
Source : seekingalpha-com

Wells Fargo 1/20/2012

11:36 : Humana ([[HUM]] -3.8%) is lowered at Wells Fargo on a more cautious outloo - Humana (HUM -3.8%) is lowered at Wells Fargo on a more cautious outlook on Medicare Advantage, a different view from other recent analysis. While the program can still grow based on aging baby boomers and relative under-penetration ...
Source : seekingalpha-com
10:38 : Wells Fargo comes out on top for Q4 bank earnings - Jan. 20 - Banking analyst Christopher Whalen says that, with the outlook for the capital markets and investment banking businesses of U.S. financials still uncertain, money is shifting to their lending units.
Source : reuters-com

Wells Fargo 1/18/2012

10:58 : Wells Fargo earnings jump on mortgage business - Wells Fargo & Co., the top bank in the Washington area by deposits, grew earnings by 20 percent in the fourth quarter as its mortgage business improved. Wells Fargo reported net income of $4.1 billion, or 73 cents ...
Source : bizjournals-com
07:47 : Wells Fargo posts $3.9 billion profit - In another quarter of record-setting profits, Wells Fargo & Co.'s earnings report Tuesday bested analysts' expectations and reversed course on several issues that soured the mood three months ago.Click to Continue »
Source : newsobserver-com

Wells Fargo 1/17/2012

19:44 : Wells Fargo Posts Record Profit, Citing Mortgage Lending - Wells Fargo & Co., the largest U.S. bank by market value, posted record profit for the fourth quarter and full year that beat analysts' estimates as m...
11:57 : Wells Fargo tightens tough arbitration agreement - Wells Fargo recently notified checking and savings account customers that effective Feb. 15, its mandatory arbitration agreement - already one of the toughest in banking - will become even more ironclad. Chase, on the...
Source : sfgate-com
10:43 : SUMMARY BOX: Wells Fargo 4Q profit rises 20 pct - (01-17) 06:59 PST New York (AP) -- PROFIT JUMPS: Wells Fargo & Co. posted a 20 percent gain in fourth-quarter profit, to $4.11 billion, or 73 cents per share. DEPOSITS RISE: Average deposits rose 9 percent to $864.9...
Source : sfgate-com
10:33 : Wells Fargo Net Up 20% - Fourth-quarter profit at Wells Fargo rose 20% as the banking giant posted more loan growth and again reduced the amount of money it sets aside to cover potential loan losses.
Source : wsj-com
10:30 : Wells Fargo beats estimates on lower loan losses - (Reuters) - Wells Fargo & Co beat Wall Street estimates with a 20 percent increase in fourth-quarter profit, boosted by improving credit quality and continued loan growth.
Source : reuters-com
10:15 : Wells Fargo net rises on deposits, lending growth - NEW YORK (AP) -- Wells Fargo & Co. reported Tuesday that its income rose 20 percent in the fourth quarter as its mortgage business steadied and deposits grew....
Source : usnews-com
09:45 : Wells Fargo posts $4.1 billion in earnings - Wells Fargo & Co. once again posted record-setting profits, narrowly edging out the quarter before with $4.1 billion in net earnings in the fourth quarter of 2011.Click to Continue »
09:05 : DealBook: Wells Fargo Profit Rose 20% in Fourth Quarter - But the gains at Wells Fargo were limited by declining revenue, reflecting a setback felt across the banking industry as a result of the sluggish economic recovery.
Source : nytimes-com
08:36 : Wells Fargo 4th-period net up 20%, revenue off 4% - NEW YORK (MarketWatch) -- Wells Fargo & Co., the San Francisco banking major, reported on Tuesday that fourth-quarter net income rose 20% on 4.1% lower revenue. Profit reached $3.89 billion, or 73 cents a share, from $3.23 billion, ...
Source : marketwatch-com
08:23 : DealBook: Wells Fargo Fourth-Quarter Profit Up 20% - But the gains at Wells Fargo were limited by declining revenue, reflecting a setback felt across the banking industry amid the sluggish economic recovery.
Source : nytimes-com

Wells Fargo 1/12/2012

15:46 : Forbes Earnings Preview: Wells Fargo - Wall Street is optimistic about Wells Fargo (WFC), which is slated to report its fourth quarter results on Tuesday, January 17, 2012. Analysts project a profit of 72 cents a share, a rise from 61 cents per share a ...
Source : forbes-com

Wells Fargo 1/11/2012

19:21 : U.S. Treasuries, Euro Set for a Fall: Wells Fargo Strategist - The price of U.S. Treasuries has nowhere to go but down. Smart investors should take advantage of a market that is underestimating the possibility of a sudden drop in the price of those securities. They should also seek to sell off euros, a Wells ...
Source : ibtimes-com
10:28 : Wells Fargo issues a tepid forecast for global economic growth, saying ... - Wells Fargo issues a tepid forecast for global economic growth, saying that its forecast for a 3% rise in world GDP in 2012 will mark the slowest year since 2009. Highlights (or lowlights): U.S. +2.1%, Eurozone -0.1%, U.K +0.9%, Japan ...
Source : seekingalpha-com

Wells Fargo 1/6/2012

08:12 : FedEx draws outperform rating at Wells Fargo - NEW YORK (MarketWatch) -- Wells Fargo on Friday initiated coverage of FedEx Corp. with an outperform rating and a price target of $102 a share to $106 a share over the next six-to-12 months. Analysts noted FedEx ...
Source : marketwatch-com
08:02 : Wells Fargo initiates coverage of FedEx ([[FDX]] +1% to $84.20) with an ... - Wells Fargo initiates coverage of FedEx (FDX +1% to $84.20) with an outperform rating and a price target of $102-$106 over the next 6-to-12 month. Analysts explained that global trade may support FedEx's intermediate-term ...
Source : seekingalpha-com

Wells Fargo 1/5/2012

13:56 : Wells Fargo: Brighter picture for Charlotte - After a year of high unemployment and job losses, Charlotte's economy is poised for "much stronger job and personal income growth" in 2012, according to a report issued today by Wells Fargo economists.The report ...
08:06 : Analysts with Wells Fargo take a crack at Ralcorp Holdings (RAH), initiatin - Analysts with Wells Fargo take a crack at Ralcorp Holdings (RAH), initiating coverage at Market Perform with a price target of $96-$100. "We believe that Ralcorp's experienced management team, solid balance sheet, and strong free cash ...
Source : seekingalpha-com

Wells Fargo 1/4/2012

22:19 : Possible Data Breach by Wells Fargo Investigated - Connecticut's attorney general is investigating a possible data breach in which Wells Fargo & Co may have disclosed customer Social Security numbers as part of a fraud investigation.
Source : ibtimes-com

Wells Fargo 1/3/2012

09:25 : Wells Fargo cuts power firms to market perform - NEW YORK (MarketWatch) -- Wells Fargo on Tuesday cut its rating on NextEra Energy , Public Service Enterprise Group Inc. and Southern Co. to market perform from outperform. The move came as analysts trimmed ...
Source : marketwatch-com

Wells Fargo 12/23/2011

17:18 : Wells Fargo Picks Up Piece Of Banks Of Ireland, Stock Going To $30 - Wells Fargo announced its decision to acquire Burdale Financial Holdings Limited (Burdale) along with an almost $1 billion loan portfolio of Burdale Capital Finance. Burdale is a fully owned subsidiary of the Bank of Ireland.
Source : forbes-com

Wells Fargo 12/20/2011

16:53 : Wells Fargo leads strong day for Charlotte stocks - Wall Street decided the European debt crisis wasn’t as bad Tuesday as if was Monday, and financial stocks and most all issues rocketed skyward. Wells Fargo & Co. (NYSE:WFC) closed at $26.50, up $1.19, or a 4.7 percent ...
Source : bizjournals-com
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