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Stock Market & Financial Investment News

News For WFC;AXP;BBY;INFY;UPIP;ERIC;JCP;ARQL;BV From The Last 14 Days
Check below for free stories on WFC;AXP;BBY;INFY;UPIP;ERIC;JCP;ARQL;BV the last two weeks.
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September 10, 2014
08:04 EDTWFCWells Fargo CFO says Apple Pay an 'interesting development'
Wells Fargo (WFC) CFO John Shrewsberry says the company is "happy to be a part" of the initial roll-out of Apple Pay (AAPL). Shrewsberry says Wells Fargo is focused on mobile and wants to support its customers in however they want to do business with the bank.
08:02 EDTAXPApple Pay positive for Visa, MasterCard and American Express, says BofA/Merrill
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07:54 EDTWFCWells Fargo CFO says 'working hard' to return more capital to shareholders
Comments from Wells Fargo CFO John Shrewsberry speaking at the Barclays Global Financial Services conference.
07:29 EDTWFCWells Fargo sees Q3 mortgage originations in line with Q2
Wells Fargo said it expects Q3 mortgage originations to be in line with Q2, while gain on sale margin is expected to remain within the range of the last four quarters. The bank expects to operate within its targeted efficiency ratio range of 55%-59% in Q3.Wells Fargo said it continues to be well positioned relative to liquidity LCR standards and while there is potential for continued NIM pressure, the bank's focus remains on growing net interest income over time. Wells noted that it continues to expect future reserve releases absent significant deterioration in the economy, but expect a lower level of future releases as the rate of credit improvement slows and the loan portfolio continues to grow. Information from slides for CFO John Shrewsberry's presentation at the Barclays Global Financial Services conference.
07:16 EDTWFCRepublicans, Democrats both push for harder 'too big to fail' rules, WSJ says
Lawmakers from both the Republican and Democrat sides of the aisle urged U.S. regulators to push forward additional regulations to ensure the biggest banks aren't "too big to fail," said The Wall Street Journal. Publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:35 EDTWFCFed may raise capital requirement for some banks to 11.5%, NY Times reports
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September 9, 2014
17:44 EDTWFCWells Fargo confirms Apple Pay available to customers
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14:54 EDTAXP, WFCApple announces Apple Pay
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07:29 EDTWFC, ERICUBM Canon to hold a summit
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07:28 EDTERIC, AXPThe Money Event, Inc to hold a conference
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07:17 EDTERICThe Wireless Association to hold a conference
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07:16 EDTJCPSterne Agee to hold a field trip
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07:11 EDTWFC, ERICUBM Tech to hold a conference
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06:33 EDTWFCFed looks set to pressure large banks to shrink, NY Times says
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06:32 EDTWFCFed to require large US banks to have extra financial padding, WSJ reports
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September 8, 2014
11:15 EDTJCPJ.C. Penney volatility at 27-month low
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10:23 EDTINFYSyntel names Christopher Mason as North America sales head
Syntel (SYNT) announced earlier today the appointment of Christopher Mason as Head - North America Sales, effective September 8. Prior to joining Syntel, Mason served as Global Head of Business Development for the global sourcing division at Infosys (INFY).
10:17 EDTAXPAmerican Express President says won't comment on press speculation on Apple
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07:24 EDTAXP, WFCBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.
06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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