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US Banks Earnings Preview: All Eyes On JPMorgan, BlackRock, Citigroup, Wells Fargo Q1 Reports
Tuesday, April 11, 2023 - 12:51pm | 972Read More...On Friday, April 14, four of the largest financial institutions in the U.S. with a combined market cap of more than $700 billion will announce their first-quarter results: JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC), BlackRock Inc (NYSE: BLK), and Citigroup...
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This Week's Earnings Repertoire
Tuesday, January 12, 2021 - 12:08pm | 1035Read More...This week's earnings will be useful in assessing major market movements as uncertainties of the U.S. election are finally starting to fade away. Monday California-based SYNNEX Corporation's (NYSE: SNX) earnings are expected to decline to $2.89 per share, down from $4.26 per share reported...
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Wells Fargo To Pay $35M For Recommending High Risk Investments To Vulnerable Clients
Friday, February 28, 2020 - 4:25am | 342Read More...The United States Securities and Exchange Commission has ordered Wells Fargo & Company (NYSE: WFC) to pay $35 million in compensation to some of the bank's clients. What Happened Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network failed to supervise the employees who...
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High Cigarette Excise Tax in NYC Results in Flourishing Black Market
Monday, May 6, 2013 - 10:43am | 611Read More...When it comes to cigarettes, taxation as a means of social engineering only benefits the black market. So said National Association of Convenience Stores (NACS) Senior Vice President, Lyle Beckwith in a USA Today Op-Ed. The latest statistics seem to bear this out. The Huffington Post, in a...
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Compass Point Reiterates WFC Target, Lowers EPS Estimates
Wednesday, April 6, 2011 - 3:47pm | 154Read More...Compass Point is reiterating its $33 price target and its Neutral rating on shares of Wells Fargo & Company (NYSE: WFC). “We are reducing our 2011E EPS from $2.71 to $2.67 and our 2012E EPS from $3.24 to $3.20,” Compass Point writes. “Our adjustment is reflective of higher deposit insurance...
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Goldman Sachs Reiterates Buy on Wells Fargo & Company (WFC)
Tuesday, March 1, 2011 - 8:36am | 98Read More...Goldman Sachs is out with its report today on Wells Fargo & Company (NYSE: WFC), reiterating Buy. In a note to clients, Goldman Sachs states, "We reiterate our CL-Buy as we continue to believe that WFC will be amongst the first banks to raise its dividend in late March, with a payout in the 20...
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Buffett's Underperformers: A Good Bet On A Blue-Chip Rebound?
Monday, October 25, 2010 - 1:39pm | 334Read More...If we were all as lucky as Warren Buffett, we would be able to make investments in companies like ConocoPhillips (NYSE: COP), U.S. Bancorp (NYSE: USB-PH), Kraft Foods (NYSE: KFT), Sanofi-Aventis (NYSE: SNY), Johnson & Johnson (NYSE: JNJ) and Wells Fargo & Company (NYSE: WFC) and call them...
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SEC Probing Hedge Fund Trades (WFC)
Thursday, March 25, 2010 - 9:28am | 149Read More...The Wall Street Journal has reported that the U.S. Securities and Exchange Commission (SEC) is probing two hedge funds in regards to their trading activities. The SEC is reviewing trades made by the $13 billion Appaloosa hedge fund around the time that Wells Fargo & Company (NYSE: WFC) agreed...
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Analyst Upgrades Rosetta Resources, Shares Jump 5%
Monday, January 25, 2010 - 7:58pm | 137Read More...Shares of Rosetta Resources, Inc. (Nasdaq: ROSE) surged more than 5% today as Wells Fargo & Company (NYSE: WFC) upgraded the stock from Market Perform to Outperform. Rosetta Resources is an independent oil and gas company engaged in the acquisition, exploration, development and production of...
