Wells Fargo (NYSE:WFC)

Top Analyst Says Big Upside Left in Banks: 4 to Buy for 2018

If any sector has been on a roll since last year's presidential election, it’s the banking and financial arena. The basic improvement in overall confidence and the hopes for less ...
Read Full Story »

Federal Regulator Considers Even More Action Against Wells Fargo

Wells Fargo & Co. (NYSE: WFC) is not off the hook yet, as a federal regulator says that it is considering a formal enforcement action in regards to the bank’s ...
Read Full Story »

What Do Societe Generale’s Plans to Shutter Hundreds of Branches Mean to US Banks?

The management of huge French bank Societe Generale has decided to steady the company's shaky financial situation via cost cuts and an exit from what it deems non-core businesses. As ...
Read Full Story »

6 Most Important Things in Business Today

Softbank's investment in Uber is based on a 30% discount to its peak valuation. According to Reuters: Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc ...
Read Full Story »

Why This May Be the Perfect Time to Chase Warren Buffett’s Largest Stock Picks

Two traits are the key drivers in making a buy or sell decision in investing. One is fear and one is greed. After the continued stock market surge of 2017, ...
Read Full Story »

Big Changes Seen in Warren Buffett and Berkshire Hathaway Stock Holdings: Apple, BofA, IBM, Wells Fargo, Synchrony, Monsanto and More

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of September 30, 2017. Warren Buffett is one of the richest men alive, and he is also considered ...
Read Full Story »

6 Most Important Things in Business Today

The Wall Street Journal reports that Amazon.com Inc. (NASDAQ: AMZN) has come up with a way to improve its competitive pricing for the holidays. The paper's editors wrote: Amazon has ...
Read Full Story »

Major Banks Keep Seeing Analysts Raise Price Targets After Earnings

It is no secret that we are in the midst of a raging bull market, and the massive bullish run up is now almost nine years old. In fact, the ...
Read Full Story »

4 Top Banks to Buy for 2018 as Interest Rates Go Higher

Few industries like to see interest rates go higher. That increases the cost of borrowing and the input costs to many companies. However, one segment that likes increases in interest ...
Read Full Story »

Wells Fargo Earnings Dip on Scandal-Related Charges

Wells Fargo & Co. (NYSE: WFC) reported fiscal 2017 third-quarter results before markets opened Friday morning. The banking giant reported diluted earnings per share (EPS) of $0.84 on revenue of ...
Read Full Story »

What to Expect When Wells Fargo Reports Earnings

Wells Fargo & Co. (NYSE: WFC) is scheduled to release its third-quarter financial results before the markets open on Friday. JPMorgan and Citigroup have already reported, but there was no ...
Read Full Story »

Bank of America, Wells Fargo and More Banks Reporting This Week

24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this week. We are just entering into earnings season, in which most ...
Read Full Story »

6 Most Important Things in Business Today

OPEC is trying to convince Russia to continue to participate in a program to raise oil prices. Alphabet Inc.'s (NASDAQ: GOOGL) Google released a series of smartphones, speakers, earbuds and ...
Read Full Story »

White House Tax Reform Plan May Be Huge for These Top Banks

Despite the fact that health care reform so far has failed miserably, the chances for at least some sort of tax reform look decidedly better. With the president trying to ...
Read Full Story »

Merrill Lynch Says Stick With 3 Top US Banks as Fed Unwind Begins

It finally has started. After years of Federal Reserve bond buying to keep interest rates low, the central bank is beginning the process of trimming the gigantic balance sheet it ...
Read Full Story »