Search Results for: WFC
Analysts often as about "earnings quality". How accurate are quarterly numbers? Are they being "managed" to make a company’s fortunes appear better than they actually are?The question has come up...
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Citigroup (C) Worries about bank nationalization take shares to $1.61 from 52-week high of $27.35.Bank of American (BAC) Ditto. Down to $2.53 from 52-week high of $43.50.Wells Fargo (WFC) More of the...
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Calling all major banks for upside targets! Earnings season has so far shown strong to decent bank earnings considering the recent passage of Financial Regulation and considering the end of May to...
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BlackRock, Inc. (NYSE: BLK) posted a 25% gain in earnings, but reported $1.90 EPS versus $2.00 estimates; Assets under management are now $1.364 Trillion. Shares are trading down by 2%...
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The federal government really does not want to build a "bad bank" to take toxic assets from America’s largest financial institutions. It has taken a number of measures to avoid it. The Fed has...
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This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The time frame is by the end of 2010, which is meant to coincide with some form of economic recovery...
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Whether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440 billion or so to capitalize...
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After all of the assistance that the government has given large banks, the least that the firms can do is extend liberal terms to homeowners to support the housing market.According to The Wall...
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Wells Fargo & Company (NYSE: WFC) just posted a record quarter for earnings. The headline numbers are considerably better than estimates. This might make Warren Buffett and Berkshire Hathaway Inc....
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Wells Fargo (WFC) is supposed to be one of the healthier big banks. The market has not treated that way, driving its shares relentlessly lower–down 40% over the last five trading days which is...
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This morning’s banking reports from Wells Fargo & Co. (NYSE: WFC) and US Bancorp (NYSE: USB) might as well be called the Warren Buffett banking reports, or the banking earnings for Berkshire...
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Oppenheimer’s star banking analyst Meredith Whitney is out with another scathing note on major banks this morning despite the government bailout plan. She slashed estimates on Bank of America...
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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 be off to a wobbly...
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