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Stock Market & Financial Investment News

News Breaks
January 9, 2013
11:26 EDTWFCWells Fargo: Processing issue delays payment to NM UIDC
Wells Fargo & Company announced that a processing issue occurred with an automated clearing house transaction associated with the New Mexico Unemployment Insurance Debit Card on Monday, January 7. As a result, debit cardholders experienced a delay in fund availability. Approximately half of eligible benefit recipients that hold the New Mexico Unemployment Insurance Debit Cards receive weekly funds at 5 a.m. MST every Monday; the remaining recipients receive funds at 5 a.m. MST every Tuesday. The processing issue delayed payment to all card holders until Tuesday, January 8, at 10:30 a.m. MST. The processing issue has been addressed, and the issue has been resolved. Any fees charged to debit card holders as a direct result of the delay of payment will be refunded.
News For WFC From The Last 14 Days
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August 19, 2014
13:42 EDTWFCWells Fargo looks to bulk up asset-management business, WSJ says
Wells Fargo is looking to increase the size of its asset-management business to over $1T over the next decade by making acquisitions of smaller asset managers and more aggressive sales to larger investors, says the Wall Street Journal. Reference Link
August 18, 2014
09:35 EDTWFCActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AMZN DG TSLA GILD FB ABX WFC C
August 12, 2014
07:48 EDTWFCBanks posted second-highest profit in 23 years in second quarter, WSJ says
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07:12 EDTWFCWells Fargo sells nearly $1.3B in troubled mortgage debt, Bloomberg says
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August 8, 2014
07:18 EDTWFCRegulators direct banks to steer mortgage aid to hard-hit areas, FT says
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August 7, 2014
08:23 EDTWFCL.A. suit against JPMorgan over mortgage lending dismissed, Reuters reports
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August 6, 2014
12:49 EDTWFCWells Fargo sees potential legal losses up to $1.2B above reserves
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07:43 EDTWFCWells Fargo relaxes 'jumbo' mortgage guidelines, Reuters says
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06:40 EDTWFCWells Fargo volatility at two-year average
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06:23 EDTWFCSecurities Industry & Financial Markets Association to hold a seminar
Compliance & Legal Society Regional Seminar to be held in San Francisco on August 6.
06:19 EDTWFCCFA Society of Minnesota to hold a conference
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