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Stock Market & Financial Investment News

News Breaks
May 20, 2014
10:14 EDTWFCWells Fargo targeting net payout ratio of 55%-75%
Wells Fargo targeting a net payout ratio of 55%-75%, an efficiency ratio of 55%-59%, ROA of 1.3%-1.6% and ROE of 12%-15%. The bank says its targets depend on the overall economic, interest rate and evolving regulatory environment and assume continued annual revenue and earnings growth over time. Wells is targeting further increases in its return of capital to shareholders. Information from slides to be presented at investor day meeting.
News For WFC From The Last 14 Days
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July 21, 2014
10:02 EDTWFCOn The Fly: Analyst Downgrade Summary
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08:36 EDTWFCWells Fargo downgraded to Hold from Buy at Rafferty Capital
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July 17, 2014
07:14 EDTWFCWells Fargo CEO John Stumpf says economy stronger than people think
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