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Stock Market & Financial Investment News

News Breaks
March 13, 2014
07:25 EDTFMCC, FNMA, WFCWells Fargo CFO says U.S. economy growing at about 2% rate
Wells Fargo CFO Tim Sloan told CNBC that he's "pretty optimistic" on the U.S. economy. He said the bank wants to increase the dividend again this year. Sloan also says Fannie Mae (FNMA), Freddie Mac (FMCC) reform in the right direction.
News For WFC;FNMA;FMCC From The Last 14 Days
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May 21, 2015
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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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 17, 2015
17:06 EDTFMCC, FNMANomura, RBS ordered to pay $806M to Fannie, Freddie, Reuters says
U.S. District Judge Denise Cote has ordered Nomura (NMR) and RBS (RBS) to pay a total of $806M for allegedly misleading Fannie Mae (FNMA) and Freddie Mac (FMCC), Reuters reported Friday, citing court proceedings and a person familiar with the matter. Reuters notes that Fannie is set to receive $26.6M from the ruling, while Freddie will receive $779.4M. Reference Link
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.
May 14, 2015
09:31 EDTFNMAJPMorgan to buy $45B in mortgage servicing rights from Ocwen
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06:51 EDTWFCWells Fargo looking to streamline operations, Charlotte Observer says
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May 12, 2015
19:52 EDTFNMA, FMCCNomura, RBS could pay $805M in mortgage ruling, Reuters says
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16:49 EDTWFCWells Fargo to pay $77M in trust fund case, St. Louis Today says
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07:48 EDTWFC, FMCCStandard & Poor's to hold a summit
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May 11, 2015
15:53 EDTFNMA, FMCCJudge says Nomura misled Freddie, Fannie, HousingWire says
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08:18 EDTWFCBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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