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The Latest Breaking News from Wells Fargo

Benzinga's Top Ratings Upgrades, Downgrades For June 2, 2022

Benzinga

Wells Fargo employees pushing to organize union across bank’s workforce

Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations

The Guardian - US

Inflation's Not All Bad: See the Midstream Energy Companies

The midstream energy companies, such as NuStar, will benefit from rising prices, according to Wells Fargo.

The Street

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What Are Whales Doing With Wells Fargo

A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 11 strange trades.

Benzinga

9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

Benzinga

CNBC's Final Trades: Wells Fargo, Paramount Global, Archer-Daniels-Midland And This 'Dividend Aristocrat'

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Wells Fargo & Co (NYSE: WFC) “trades at 1x book and yields about 2%.”

Benzinga

Senator Sherrod Brown Asks Wells Fargo To Right Past Wrongs

Sen. Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has asked Wells Fargo & Co (NYSE:WFC) to stop its mismanagement practices. In an open letter to CEO Charles Scharf, the senator urged the company to right past wrongs. "Recent revelations of racial disparities in mortgage lending, fake…

Benzinga

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Wells Fargo Evaluates 4 Energy Stocks: 2 Upgrades And 2 Downgrades

The inflationary environment is a “net positive” for midstream performance and midstream companies, which are likely to benefit from continued strong demand, tight supplies, higher pricing, wider margins, and growing volumes, according to Wells Fargo. Magellan Midstream Partners

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 31, 2022

Upgrades

Benzinga

WWE, Imax Could Withstand Ad Slowdown: Wells Fargo

Advertising could slow along with the economy. But WWE, Imax and other media names might come out ok, Wells said.

The Street

US banks move billions for fugitives, corrupt foreign officials and criminal groups

During his rise as one of Russia's richest oligarchs, Roman Abramovich poured much of his wealth into the west, amassing luxury homes, multimillion-dollar paintings, private jets and thoroughbreds.

Tribune News Service

FBI records on search for fabled gold raise more questions

A scientific analysis commissioned by the FBI shortly before agents went digging for buried treasure suggests that a huge quantity of gold was below the surface of a rural site in western Pennsylvania

The Independent UK

PayPal Doesn't Make Wells Fargo Top Near-Term Fintech Picks

Some fintech companies can continue to thrive near-term, even as economic growth slows, Wells Fargo analysts say.

The Street

The Federal Reserve's 'Most Anticipated' Recession In History May Be Coming

Fed chief Jerome Powell is warning that the U.S. economy may face a period of "pain" as unemployment rise to control inflation. Is a recession inevitable?

Investors Business Daily

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The Street

Disney, Amazon Make Wells Fargo List of Top Picks

The bank made a list of 'signature picks, an eclectic portfolio culled from our research department's highest-conviction ideas.'

Benzinga

4 Urban Outfitters Analysts React To Q1 Earnings Miss, Rising Costs, Growing Inventory

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2022

Upgrades Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

Benzinga

This Chipmaker Stock Has A Better 5-Year Return Than Bitcoin, Ethereum, Amazon, Apple, Nvidia, Microsoft, Ford And Starbucks

Advanced Micro Devices, Inc.’s (NASDAQ: AMD) high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.

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news in one place.

100’s of premium titles.
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Benzinga

Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc looks to give customers access to Bitcoin (CRYPTO: BTC)four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of…

Benzinga

Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut

Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc (NYSE: WEX), FleetCor Technologies, Inc (NYSE: FLT), Fidelity National Information Service

The Street

Walmart Now Represents Attractive Buy, Says Wells Fargo

After weak earnings for Walmart and Target, 'there is real value at current levels' for several retailers, Wells Fargo said.

Benzinga

What Are Whales Doing With Ford Motor

A whale with a lot of money to spend has taken a noticeably bullish stance on Ford Motor. Looking at options history for Ford Motor (NYSE:F) we detected 24 strange trades.

Benzinga

Read How Analyst Reacted To Deere's Q2 Results

Deere & Company (NYSE:DE) reported second-quarter FY22 results on Friday; below are the reactions from the analysts. Wells Fargo analyst Seth Weber lowered the price target for Deere to $410 (an upside of 22%) from $455 while maintaining the Overweight rating on the shares. The analyst understands angst around the rebalance but doesn't…

Benzinga

Check Out What Whales Are Doing With WFC

Someone with a lot of money to spend has taken a bearish stance on Wells Fargo (NYSE:WFC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why Wells Fargo Shares Are Rising Today

Wells Fargo & Co (NYSE: WFC) shares are trading higher by 5.76% at $44.08.

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