Search Results for: WFC
Bank of America Corporation (NYSE: BAC) is performing rather well when you consider that the bank’s dividend is not likely to rise as fast as some of the more healthy banks. The banking giant is...
Published:
Last Updated:
On Wednesday morning will come the highly anticipated news regarding the first quarter earnings announcement from none other than Jamie Dimon and JPMorgan Chase & Co. (NYSE: JPM). This single...
Published:
Last Updated:
Short sellers have bought into the notion that the financial industry is in full recovery.Shares sold short in Wells Fargo (NYSE:WFC) fell 8% to 78.8 million shares. Shares short in CIT (NYSE:CIT)...
Published:
Last Updated:
On tonight’s MAD MONEY on CNBC, Jim Cramer discussed why Wachovia (WB), Wells Fargo (WFC), and Bank of America (BAC) were all up big today; and some even higher than before the mortgage malaise...
Published:
Last Updated:
24/7 Wall St. set out to look at whether financial reporting at a number of companies, particularly banks ,is “reliable”? This process took into account the chances that a firm might have to...
Published:
Last Updated:
Bears be damned! That is what Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-B) wants to say. Buffett is already probably the most well known perma-bull and needs no formal introduction. ...
Published:
Last Updated:
Ben Bernanke and Henry Paulson may be holding guns to the heads of major banks to get them to "reset" the mortgages of troubled homeowners, or the generous spirit of the holidays may have reached the...
Published:
Last Updated:
Wells Fargo & Co. (NYSE: WFC) is one of the “Too Big To Fail” banks. Now it is going to be known as the “Too Big To Reverse Mortgage” bank.Today came the announcement that its Wells Fargo...
Published:
There was a slew of bank and broker earnings out this morning and we broke out the top four for investors. The results are broadly mixed and a quick snapshot leaves a scenario where the bulls might...
Published:
Last Updated:
Money is short and times are hard, but the government is paid back and bank investors may find dividend checks in with their holiday cards. The Wall Street Journal broke news late in afternoon...
Published:
Last Updated:
Critics have started to come out of the wall and say that Wells Fargo’s (WFC) earnings are not as good as they seemed at first blush.The most stunning comments come from KBW Inc.’s Frederick...
Published:
Last Updated:
Wells Fargo & Co. (NYSE: WFC) has just reported record net income of $3.8 billion on 49% year over year earnings growth to $0.67 EPS despite a near-5% sequential decline in revenues to $20.3...
Published:
Last Updated:
Wells Fargo’s (WFC) shares are up 8% on strong volume. The bank stock should be trading down along with Citigroup (C) and Wachovia (WB).Due to the perverse reasoning of traders, Well Fargo is fine....
Published:
Last Updated:
The big dividend was a hallmark of the big bull market. It was accompanied by a small yield. Even generous payouts were only a little fraction of the share prices at most companies. Their stocks had...
Published:
Last Updated: