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The Latest Breaking News from Wells Fargo

Quiet Stock Market Session Ahead Of Inflation Report; Crude Oil Takes A Dive

Stock market indexes are running in place in quiet trading while investors await the June CPI.

Investors Business Daily

Stocks Market Mixed As Earnings Season Begins; Investors Look Ahead To Wednesday Inflation Data

The stock market was mixed Tuesday morning as earnings season began and investors kept a close eye on inflation.

Investors Business Daily

Wells Fargo Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 27 strange trades.

Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2022

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Benzinga

JW Marriott foreclosure auction could be a broader sign of distress for the downtown hospitality industry

CHICAGO — Wells Fargo Bank took control of the 610-room JW Marriott Chicago hotel Friday morning with a winning bid of nearly $251 million during a foreclosure auction.

Chicago Tribune

Tesla, WD-40 Company And 40 Stocks Moving In Friday's Mid-Day Session

Gainers Aditxt, Inc. (NASDAQ: ADTX) shares surged 75.7% to $0.2812 after the company's Adimune therapeutic program completed a toxicology study indicating a favorable safety profile of ADI-100.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 8, 2022

Benzinga

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Fox Corp., Kroger on B of A List of Stocks Without Supply-Chain Risk

Some investors may want to be cautious about investing in companies that are vulnerable to problems with the global supply chain.

The Street

So What's Going On With Wells Fargo Shares Tuesday?

Wells Fargo & Co (NYSE: WFC) shares are off their intraday low of $38.51 and are trading lower by 0.70 % to $39.64 during Tuesday's trading session. Shares of banks and financial services companies are trading lower Tuesday amid broader economic concerns as traders assess the possibility of a

Benzinga

What is Wells Fargo's Favorite Bank Stock?

Second-quarter bank earnings reports likely won’t be so hot, but then the outlook improves, Wells Fargo analysts said.

The Street

Wells Fargo Maintains Equal-Weight Rating for JPMorgan Chase: Here's What You Need To Know

Wells Fargo has decided to maintain its Equal-Weight rating of JPMorgan Chase (NYSE:JPM) and lower its price target from $150.00 to $120.00. Shares of JPMorgan Chase are trading down 0.2% over the last 24 hours, at $112.38 per share.

Benzinga

Companies say they'll help employees access abortion. Are they serious about it?

After the Supreme Court overturned Roe vs. Wade, a wide swath of corporate America came out with a message for its workforce: We will pay to help you get an abortion in a place where it's still available.

Los Angeles Times

Exxon, Others May Benefit From LNG Strength: Wells Fargo

Natural gas prices recently reached 13-year highs amid the Ukraine-Russia war. And Wells Fargo analysts believe the strength will continue.

The Street

Why SunPower Shares Are Trading Lower Today

Wells Fargo analyst Michael Blum initiated coverage of SunPower Corp (NASDAQ:SPWR) with an Underweight rating and a price target of $17. SPWR is a pure-play residential solar provider with over 444K customers. The analyst mentions that SPWR's largely new management team has pivoted its focus to customer service, with plans to increase offerings and…

Benzinga

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StockNews.com

Wells Fargo Warns: Avoid These 3 Retail Stocks

The retail industry has been facing significant macroeconomic headwinds, including unprecedented supply chain disruptions and rising prices. Amid slowing consumer demand, Wells Fargo suggests avoiding retail stocks of Bed Bath & Beyond (BBBY), JOANN (JOAN), and Wayfair (W). These stocks are also rated Strong Sell or Sell in our proprietary…

Benzinga

Wells Fargo Initiates Generac Coverage With Overweight Rating

Wells Fargo analyst Praneeth Satish initiated coverage of Generac Holdings Inc. (NYSE:GNRC) with an Overweight rating and price target of $285. Satish noted the company is well-positioned to benefit from the continued growth of the home standby (HSB) market. The analyst mentions that the company recently added clean energy solutions, including residential solar inverters…

Benzinga

Wells Fargo's Return On Capital Employed Overview

According to Benzinga Pro, during Q1, Wells Fargo (NYSE:WFC) earned $3.80 billion, a 40.58% increase from the preceding quarter. Wells Fargo's sales decreased to $17.59 billion, a 15.65% change since Q4.

The Street

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

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news in one place.

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The Street

Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know

Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake

The Philadelphia Inquirer

Wells Fargo says it will cover employees' travel costs for legal abortion services

Wells Fargo, which manages the largest branch-banking systems in the U.S., on Monday told its 246,000 employees that as of Friday, July 1, "we're expanding the coverage of our travel benefit to include reimbursement of transportation and lodging costs for legal abortion-related services" for women covered by Wells Fargo medical…

Benzinga

Wells Fargo Upgrades Old Dominion Freight, Sees 15% Upside

Wells Fargo analyst Allison Poliniak-Cusic upgraded Old Dominion Freight Line Inc (NASDAQ:ODFL) to Overweight from Equal Weight and increased the price target to $300 (an upside of 15%) from $280. The analyst had the opportunity to visit with management and tour a terminal. The analyst claims she walked away from the meeting more constructive and…

Benzinga

Wells Fargo Enumerates Several Bottlenecks For PayPal; Reiterates Overweight Rating

Wells Fargo analyst Jeff Cantwell's post-conference call with PayPal Holdings, Inc (NASDAQ: PYPL) listed multiple challenges for PayPal going forward.

Benzinga

Wells Fargo Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 26 strange trades.

Benzinga

Why Carnival Shares Are Falling Today

Carnival Corp (NYSE: CCL) shares are trading lower by 3.92% to $10.42. Wells Fargo maintained an Underweight rating on the stock and lowered its price target from $21 to $13. Stifel lowered its price target on the stock from $30 to $20.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 24, 2022

Upgrades

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