Wells Fargo sees a recession brewing by next year — here are 3 stocks it’s keeping behind the emergency glass When the Fed announced the largest interest rate hike since 1994, the market did not...
Tag: Fargo
Wells Fargo Becomes Oversold
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...
Wells Fargo Sees an Appealing Entry Point in These 2 Stocks
It’s difficult to put a positive spin on the current state of the stock market. While 2022’s action has seen moments of relief, for the most part, the trend has been resolutely downbeat, as reflected ...
Feds Reportedly Launch Criminal Probe Into Wells Fargo Following Allegations Of Sham Job Interviews
Topline Federal civil rights prosecutors are investigating Wells Fargo’s hiring practices, the New York Times reported Thursday, weeks after the paper revealed some Wells Fargo managers had conducted ...
Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
Warren Buffett’s personal affinity for the companies in his portfolio is often mixed with the harder-headed business decisions made by him or his managers. The Berkshire Hathaway chair appears to genu...
Wells Fargo Bullish on These 2 Stocks for Over 50% Upside
Inflation started taking off last year and is now near 40-year highs. Last week, the world’s major central banks took a pivot toward an anti-inflationary policy stance, bumping up interest rates in a ...
Warren Buffett Dumps Wells Fargo, Picks Up Citigroup
Summary The guru entered eight new positions during the quarter, including two that were previously disclosed. He sold out of AbbVie ABBV , Bristol-Myers Squibb and Wells Fargo WFC . Warren Buffett (T...
Buffett Exits Wells Fargo Stake, Ending Decades-Long Bet on Bank
(Bloomberg) — Warren Buffett demonstrated he’s still bullish on U.S. retail banking — but not on Wells Fargo & Co. Most Read from Bloomberg The billionaire investor ended his long-runn...
Wells Fargo thinks this one asset may be ‘the next big play’ — for nervous investors, it could also serve as a much-needed safe haven
Wells Fargo thinks this one asset may be ‘the next big play’ — for nervous investors, it could also serve as a much-needed safe haven According to Wells Fargo, the rest of 2022 looks good for the pric...
GM and Ford Get Double Downgrades to Sell. Wells Fargo Sours on EVs.
Text size Ford F-150 Lightning electric truck Courtesy of Ford The auto industry is all-in on electric vehicles. Wells Fargo isn’t so sure that’s a great idea. Wednesday evening, analyst Colin Langan ...
GM shares hit new 52-week low following Wells Fargo downgrade
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images ...
Banking Giants Citi, BNY Mellon and Wells Fargo Lead $105,000,000 Raise for Crypto Infrastructure Firm
The latest major funding round for crypto trading infrastructure firm Talos is raising $105 million from investors including banking giants Citi, BNY Mellon and Wells Fargo. In a new press release, th...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-...
Citi, Wells Fargo, BNY Mellon Invest $105 in Crypto Infrastructure Firm Talos
Talos’s valuation has reached $1.25 billion after the latest $105 million Series B funding round led by global growth equity firm General Atlantic. Other Investors include Stripes, BNY Mellon, Citi, W...
Citi, Wells Fargo join $105 million round for crypto trading infra firm Talos
Talos, a crypto trading infrastructure firm that provides tooling for institutional investors across the trade lifecycle, has raised $105 million in a Series B round as it plans global expansion. Grow...
Talos Reaches Unicorn Status with $1.25B Valuation, Backing includes Citigroup, Wells Fargo, BNY Mellon
A $105 million Series B funding round led by some of the world’s leading banks puts crypto trading tech developer Talos’ valuation at $1.25 billion. Led by global growth equity firm General Atlantic, ...
Howard University Standout Gregory Odom Jr. Makes PGA Tour Debut At Wells Fargo Championship
Howard University standout Gregory Odom Jr. Wells Fargo Opportunity knocks for Gregory Odom Jr., a rising senior on Howard University’s golf team. The finance major makes his debut PGA Tour start at t...
Buy These 2 Beaten-Down Stocks Before They Rebound, Says Wells Fargo
As an indication of how the stock market has suffered so far this year, the 2022 selloff has been unlike anything seen for the last 80 years. While there have been a host of reasons for the market wid...
Two solid 8% dividend yield stocks Wells Fargo is betting on
Following a bull run in 2020 and 2021 investors might have expected a period of cooling down of markets. With inflation reaching 40-year highs, energy, and oils prices skyrocketing investors may well ...
Seeking at Least 8% Dividend Yield? Wells Fargo Suggests 2 Dividend Stocks to Buy
There’s plenty of talk around about the dreaded ‘R’ word, recession, as the markets are obviously cooling off following the prolonged bull runs of late 2020 and 2021. With inflation running at 40-year...
Wells Fargo WFC earnings Q12022
Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mo...
What Does the Pensando Acquisition Mean for the Stock? Wells Fargo Weighs In
With the ink having barely dried following the Xilinx acquisition, last week, Advanced Micro Devices (AMD) disclosed that it intends to bring networking startup Pensando under the fold, in a deal said...
Wells Fargo Sees a $1.5 Trillion Opportunity for Fintech Companies; These 2 Stocks Are Set to Benefit
The digital revolution has changed the world in just the last decade and a half, spawning new technologies, new ways of using technologies, and bringing old businesses into the 21st century. Nowhere i...
Wells Fargo to Pay to Settle Lawsuit Over Its 401(k) Plan
Wells Fargo has agreed to pay $32.5 million to settle a two-year-old case involving alleged self-dealing with the company’s 401(k) plan. Wells Fargo, which had previously sought to dismiss the lawsuit...
New Wells Fargo Credit Card Gives Customers Rewards for Rent Payments
(Bloomberg) — Wells Fargo & Co. will start letting customers earn points and miles on their rent payments as the banking giant deepens its push into credit cards. Most Read from Bloomberg Th...
Wells Fargo Sued by Black Borrower for Refinance ‘Redlining’
(Bloomberg) — Wells Fargo & Co. was sued for discriminating against Black homeowners by relying on a modernized version of “redlining” that allegedly denied them lower interest rates through...