Stock Market & Financial Investment News

News Breaks February 21, 2013 07:13 EDT WFC Wells Fargo increases private equity investments, Reuters reports The Volcker Rule is expected to be finalized as soon as this year. Major banks are already pulling back from private equity investments ahead of the rules. But not Wells Fargo (WFC). The bank invests in buyouts and venture capital deals largely on its own, with capital only from Wells Fargo itself and some employees. By avoiding equity from outside investors, the bank is considered to be engaging in "merchant banking," likely to be exempt under the new rule, reports Reuters.Reference Link News For WFC From The Last 14 Days Check below for free stories on WFC the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 19, 2013 15:05 EDT WFC Bernanke says largest banks at or near compliant to Basel III rules June 17, 2013 07:31 EDT WFC DNV KEMA to host a forum Subscribe for More Information 07:10 EDT WFC Big banks fight new rules for small loans, WSJ reports Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans. Wells Fargo, the largest bank to offer "deposit-advance loans," told regulators that it will discontinue the loans if plans for tougher rules are completed, reports the Wall Street Journal.Reference Link 06:14 EDT WFC On the Fly: Periodicals Wrap-Up Subscribe for More Information June 14, 2013 10:10 EDT WFC On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: American Express (AXP) downgraded to Equal Weight from Overweight at Barclays... AngloGold (AU) downgraded to Sell from Neutral at UBS... DuPont (DD) downgraded to Neutral from Buy at BofA/Merrill... Myriad Genetics (MYGN) downgraded to Neutral from Buy at BofA/Merrill... Progress Software (PRGS) downgraded to Hold from Buy at Needham... Rubicon (RBCN) downgraded to Sell from Neutral at Goldman... Southern Company (SO) downgraded to Hold from Buy at Jefferies... SunTrust (STI) downgraded to Neutral from Buy at UBS... Wells Fargo (WFC) downgraded to Neutral from Buy at Sterne Agee... FIS (FIS) downgraded to Neutral from Outperform at RW Baird... SM Energy (SM) downgraded to Hold from Buy at Societe Generale..Wells Fargo (WFC) downgraded at Sterne Agee. 07:57 EDT WFC Wells Fargo downgraded at Sterne Agee Subscribe for More Information 06:30 EDT WFC Wells Fargo downgraded to Neutral from Buy at Sterne Agee Subscribe for More Information June 12, 2013 10:14 EDT WFC On the Fly: Downgrade Summary Subscribe for More Information 06:21 EDT WFC Wells Fargo downgraded to Underweight from Neutral at Atlantic Equities 05:58 EDT WFC Some major banks get two year delay on swap rule, WSJ reports Subscribe for More Information June 11, 2013 18:35 EDT WFC Banks given extension to spin off swaps units, WSJ reports Subscribe for More Information 07:30 EDT WFC Morgan Stanley to host a conference Subscribe for More Information June 7, 2013 16:14 EDT WFC Former Wells Fargo unit reaches agreement with Fed on mortgage loans Subscribe for More Information June 6, 2013 12:06 EDT WFC Wells Fargo settles foreclosure-upkeep case for $42M, WSJ says Subscribe for More Information 07:01 EDT WFC Wells Fargo volatility increases as shares pullback Subscribe for More Information 06:09 EDT WFC NAB seeks U.S. loan market tie-up with Wells Fargo, Reuters reports Subscribe for More Information June 5, 2013 07:29 EDT WFC Deutsche Bank to host a conference Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.