How Buffett and Berkshire Hathaway Complicate Top Financial ETFs

Posted: April 16, 2019 at 12:05 pm

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 ...
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Do Multiple Analyst Downgrades Signal a Bottom for Wells Fargo?

Posted: April 15, 2019 at 1:00 pm

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

Posted: April 15, 2019 at 8:45 am

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 ...
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Wells Fargo’s Earnings Are the Least of Its Problems

Posted: April 12, 2019 at 10:15 am

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 ...
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What to Watch in Wells Fargo’s Q1 Report

Posted: April 11, 2019 at 12:25 pm

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

Posted: April 9, 2019 at 10:50 am

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

Posted: April 8, 2019 at 4:19 am

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 ...
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JPMorgan, Wells Fargo, Delta Air Lines and More Major Earnings Coming This Week

Posted: April 7, 2019 at 7:10 am

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

Posted: April 1, 2019 at 8:50 am

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

Posted: March 29, 2019 at 9:30 am

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

Posted: March 29, 2019 at 8:58 am

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 ...
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