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Posts related to ‘WFC’

24/7 Wall St. Closing Bell (T, AMZN, NOK, GOOG, CMG, FAST, RAD, MSW, CBSH, JBHT, CHKE, JPM, WFC, OAK, MIPS, EGO, AVID)

Posted: April 12, 2012 at 4:05 pm

Markets opened slightly higher this morning and about an hour before the markets close all three major indexes are more than 1% higher. The report on new unemployment claims was ...
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Book Value Discounts May Matter In Key Bank Earnings (JPM, WFC, BAC, C)

Posted: April 12, 2012 at 1:16 pm

Friday morning will mark the start of earnings season as far as the financial sector and the money-center banking giants are concerned.  While there was a strong rally in the ...
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Earnings Expectations for First Quarter are Modest (AA, GOOG, JPM, WFC)

Posted: April 10, 2012 at 12:45 pm

Alcoa Inc. (NYSE: AA) kicks off the new earnings season after the markets close today, and according to S&P Capital IQ consensus estimates, it looks like earnings are going to ...
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Big Banks Still At Big Discounts To Book Value Before Earnings (BAC, BK, C, GS, JPM, MS, NTRS, STT, STI, USB, WFC)

Posted: April 10, 2012 at 8:10 am

This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012.  The banking sector is going to be ...
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A Tempered Outlook of Key Earnings Expectations (AA, SNDK, CSCO, AAPL, GE, JPM, BAC, WFC, WMT, LUV, IBM, T, VZ, BAC, MCD, AAPL)

Posted: April 9, 2012 at 8:45 am

The first quarter earnings reports will start to dribble out this week and expectations have been tempered in recent trading days ahead of Alcoa Inc. (NYSE: AA) on Tuesday afternoon.  ...
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Media Digest (4/6/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 6, 2012 at 5:54 am

A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP ...
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Wells Fargo Going After Super High Networth Clients (WFC, JPM, GS, NTRS)

Posted: April 2, 2012 at 3:08 pm

Wells Fargo & Company (NYSE: WFC) has now launched its Abbot Downing financial services that aims to serve the ultra-high net worth sector of wealthy Americans.  The move will instantly ...
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Media Digest (4/2/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 2, 2012 at 6:37 am

After a record first quarter, investors will look more carefully at financial data and earnings. (Reuters) Wells Fargo (NYSE: WFC) to open a division to handle the ultra-rich. (Reuters) Strong ...
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Goldman Sachs And Caveat Emptor

Posted: March 14, 2012 at 10:38 am

Goldman Sachs (NYSE: GS) was attacked by an executive director who left today. The reason for his departure was that he thinks Goldman is a culture of devils who love money and take ...
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Why I am Disappointed in J.P.Morgan’s Dividend Hike & Buyback Plan (JPM, BAC, WFC)

Posted: March 14, 2012 at 7:43 am

J.P. Morgan Chase & Co. (NYSE: JPM) was truly a shoe-in as far as whether or not the bank was going to pass the latest stress tests or not.  CEO ...
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J.P. Morgan Raises Weak Dividend, Pleases on Buyback & Stress Test (JPM, BAC, C, WFC)

Posted: March 13, 2012 at 3:17 pm

J.P. Morgan Chase & Co. (NYSE: JPM) has raised its dividend as we expected.  Good news on the surface, but a true disappointment in reality.  The bank has declared a ...
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Looking for Big Dividends & Buybacks After Stress Tests (JPM, WFC, C, BAC, BK, STT, GS, MS)

Posted: March 12, 2012 at 12:34 pm

The next wave of stress tests on the U.S banks is due to come out by the end of this week.  The Federal Reserve is expected to show that bank ...
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Short Sellers Leave Financials, Mixed on Tech

Posted: March 12, 2012 at 6:30 am

Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ...
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After Bank Stress Tests: Dividend & Buyback Predictions… A Double? (JPM, WFC, BK, STT, BAC, C, GS, MS)

Posted: March 8, 2012 at 12:35 pm

The next wave of stress tests on the U.S banks is due in the coming week.  While many of the banks have reportedly been asking regulators to be less transparent, there ...
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Why Should Banks Not Add New Customer Fees?

Posted: March 1, 2012 at 6:41 am

The Wall Street Journal reports that Bank of America (NYSE: BAC) may add new consumer bank fees, several months after it withdrew a plan to charge $5 for some transactions. ...
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