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Stock Market & Financial Investment News

News Breaks
July 14, 2014
08:53 EDTWFC, COFCapital One has positive read from Wells Fargo report, says Janney Capital
Janney Capital raised its 2014 EPS estimate for Capital One (COF) to $7.26 from $7.03 and took its fair value estimate on the stock up to $82 from $79 following the quarterly report from Wells Fargo (WFC), which the firm says confirmed its view that industry credit card charge-offs are likely to decline. Janney keeps its Neutral rating on Capital One.
News For COF;WFC From The Last 14 Days
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May 29, 2015
08:39 EDTWFCWells Fargo CFO says value minded, won't get in bidding war for GE assets
08:35 EDTWFCStumpf says 'things are better' this year than last in housing market
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08:31 EDTWFCWells Fargo sees staying at higher end of 55%-59% efficency range
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08:12 EDTWFCStumpf says 'not all liability portfolios will behave the same' when rates rise
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08:10 EDTWFCWells Fargo CFO says one rate rise from Fed likely this year
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08:03 EDTWFCWells Fargo CFO says port strike bigger issue in Q1 than weather
Stumpf says would not be surprised if Q2 through Q4 of year are strong enough for U.S. GDP to come in with 2.2%-2.4% growth for the year. Fundamentals seem to be as strong now as at any point since the downturn, Stumpf added. Wells Fargo CFO John Stumpf is speaking at the Bernstein Strategic Decisions Conference.
May 26, 2015
20:50 EDTWFCBernstein to hold a conference
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06:41 EDTWFCJPMorgan, other banks close branches on border to avoid laundering, WSJ says
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May 21, 2015
14:52 EDTCOFCapital One upgraded to Buy by Rafferty's Bove
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14:47 EDTCOFCapital One upgraded to Buy from Hold at Rafferty Capital
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12:33 EDTWFCWells Fargo to add Financial Engines advice to platform, Reuters reports
Wells Fargo (WFC) plans to add Financial Engines' (FNGN) advice offering to the bank's retirement platform, according to Reuters, citing a Wells Fargo presentation. Shares of Financial Engines are up 7% following the report. Reference Link
12:30 EDTWFCWells Fargo to sign 401(k) pact with Financial Engines, Reuters reports
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06:00 EDTCOFCapital One removed from Priority Stock List at Wells Fargo
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May 20, 2015
08:21 EDTWFCATM data theft soars to highest rate in two decades, WSJ says
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May 18, 2015
09:46 EDTWFCMPLX enters common unit sales agreement for up to $500M
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May 15, 2015
16:32 EDTWFCBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
06:05 EDTCOFCapital One reports April net charge-off rate 3.66% vs. 3.63% last month
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