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Stock Market & Financial Investment News

News Breaks
February 12, 2014
09:33 EDTWFCWells Fargo sees 1Q14 mortgage originations declining from 4Q13
Sees 1Q14 mortgage originations declining from 4Q13, while gain on sale margin is expected to remain in the range reported in 2H13. Says focusing on growing NII over time. Continues to expect future reserve releases, absent significant deterioration in the economy. Targets include: efficiency ratio 55%-59%, ROA 1.3%-1.6%, ROE 12%-15%, total payout ratio ~50%-65%. Comments from slides that are being presented at the Credit Suisse Financial Services Forum.
News For WFC From The Last 14 Days
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August 28, 2015
06:21 EDTWFCWells Fargo front-runner to purchase GE's railcar unit, Bloomberg reports
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August 27, 2015
06:46 EDTWFCFed ups scrutiny of U.S. bank payment systems, WSJ reports
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06:34 EDTWFCBanks, investors may suffer from margin calls, WSJ reports
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August 25, 2015
11:12 EDTWFCNumerous analysts upgrade Bank of America amid market rebound
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August 24, 2015
12:26 EDTWFCAvolon Capital acquires Airbus A321-200 aircraft on lease to Vueling Airlines
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07:01 EDTWFCWells Fargo volatility at high end of range
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August 20, 2015
05:48 EDTWFCStocks with implied volatility movement; WFC XLI
Stocks with implied volatility movement; Wells Fargo (WFC) 16, Industrial Select Sector SPDR (XLI) 18 according to iVolatility.
August 18, 2015
17:35 EDTWFCWells Fargo to build additional car loan branches, Reuters says
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