Wells Fargo (NYSE:WFC)

How Buffett and Berkshire Hathaway Complicate Top Financial ETFs

At the start of every earnings season, the investing community gets to see how the strength of the banking industry has been since the prior reports. This is where the ...
Read Full Story »

Do Multiple Analyst Downgrades Signal a Bottom for Wells Fargo?

Wells Fargo & Co. (NYSE: WFC) was not viewed as an earnings season winner after it released its first-quarter results for 2019 on Friday. In fact, its shares fell by ...
Read Full Story »

Top Analyst Upgrades and Downgrades: ADS, American Tower, Anadarko, CVS, Dow, Infosys, Nokia, Phillips 66, Wells Fargo and More

Stocks were absolutely directionless on Monday's early trading indications, with no major news influencing the markets in either direction. The major market indexes are still up in the double-digit percentages ...
Read Full Story »

Wells Fargo’s Earnings Are the Least of Its Problems

Wells Fargo & Co. (NYSE: WFC) reported first-quarter fiscal 2019 results before markets opened Friday. The banking giant posted diluted earnings per share (EPS) of $1.20 on revenue of $21.6 ...
Read Full Story »

What to Watch in Wells Fargo’s Q1 Report

Wells Fargo & Co. (NYSE: WFC) is set to report its first-quarter financial results before the markets open on Friday. The consensus estimates are calling for $1.10 in earnings per ...
Read Full Story »

Wells Fargo Retirement & Trust Sale Seems to Be Reaching for Regulatory Concession Hopes

When companies go afoul of regulators and when they have taken a serious reputational hit, sometimes they make bad reactionary decisions. News broke on Tuesday that Wells Fargo & Co. ...
Read Full Story »

Warren Buffett to Wells Fargo, Don’t Hire Another Bank CEO

Wells Fargo & Co. (NYSE: WFC) CEO Tim Sloan is out, following his former boss John Stumpf who left in October 2016. Each was blamed for dysfunctional management that triggered ...
Read Full Story »

JPMorgan, Wells Fargo, Delta Air Lines and More Major Earnings Coming 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 a new earnings season, when ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Amazon, CarMax, Celgene, Chevron, Exxon, Lyft, FedEx, Peabody Energy, UPS, Wells Fargo and More

The first quarter is over, and the Dow Jones industrial average was up 11% year to date, the S&P 500 was up 13% and the tech-heavy Nasdaq generated a return ...
Read Full Story »

Why Sloan’s Departure as Wells Fargo CEO May Not Be So Great for the Bank’s Recovery

Some people might wonder how bad it looks when a chief executive officer resigns and the company's stock rises. Generally it's a case of distress-relief when that occurs. And that ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Arista Networks, Carlyle, F5 Networks, Intuit, Salesforce, Viacom, Viking Therapeutics, Wells Fargo and More

The futures traded higher Friday morning as Wall Street awaits the highly anticipated Lyft initial public offering, and trading for the first quarter officially comes to a close today. Investors ...
Read Full Story »

Wells Fargo Had Among Worst Reputations of Any Company Ahead of CEO Resignation

Wells Fargo & Co. (NYSE: WFC) CEO Timothy J. Sloan left the big bank unexpectedly. It has been criticized for sales tactics and legal violations since before he was appointed. ...
Read Full Story »

The 10 Companies Buying Back the Most Stock

The two most common methods of returning capital to shareholders are via dividends and share buybacks. Dividends have a straightforward benefit because they are sending income back to their investors, ...
Read Full Story »

Is Wells Fargo Hunting for a New CEO?

Wells Fargo & Co. (NYSE: WFC) is reportedly still sifting through the ranks of former Goldman Sachs executives in search of a replacement for CEO Tim Sloan. There are apparently ...
Read Full Story »

Why JPMorgan Has Underperformed the Large Banks in the 2019 Rally

There is a market adage that a rising tide lifts all ships. In short, a rising stock market is supposed to lift all stocks. The reality is that it doesn't ...
Read Full Story »