|Bid||52.52 x 100|
|Ask||53.30 x 200|
|Day's range||52.96 - 53.49|
|52-week range||49.27 - 66.31|
|PE ratio (TTM)||12.64|
|Earnings date||13 Jul 2018|
|Forward dividend & yield||1.56 (2.97%)|
|1y target est||60.54|
Investing.com – The dollar rose to a more than three-month high against a basket of major currencies as U.S. bond yields resumed their trend higher.
These tips will come in handy, even when you’re not getting your insurance from Wells Fargo.
Interactive Brokers Group’s (IBKR) Electronic Brokerage segment posted net revenues of $465.0 million in 1Q18, up from $314.0 million in 1Q17. The company’s net interest income was positively impacted in 1Q18 by an increase in its average customer margin loans and credit loans. The Electronic Brokerage segment’s commission revenues reported a year-over-year (or YoY) rise in 1Q18 due to upward movement in its customer volumes.
Wells Fargo re-elected all of its directors at its annual meeting, but shareholders still complained about CEO Timothy Sloan and executive pay.
Wells Fargo & Co. re-elected all of its 12 board directors with more than 89% of preliminary votes, in a shift from the bank’s turbulent shareholder meeting last year. Wells Fargo, which hosted the meeting in Des Moines, Iowa, near its mortgage-business headquarters, still heard complaints about Chief Executive Timothy Sloan, executive compensation and its relationship with the firearms industry during the 2 ½-hour-long meeting. Wells Fargo Chairman Elizabeth “Betsy” Duke defended Mr. Sloan’s role as CEO, saying she disagrees with California Treasurer John Chiang’s and others’ calls for him to be removed.
Wells Fargo & Company today announced a quarterly common stock dividend of $0.39 per share, payable June 1, 2018 to stockholders of record on May 4, 2018, as approved today by the Wells Fargo board of directors.
Wells Fargo & Company announced today that its shareholders elected as directors the 12 nominees named in the company’s proxy statement and ratified the appointment of KPMG LLP as the company’s independent auditors for 2018.
Wells Fargo's annual meeting is on Tuesday in Des Moines, Iowa, 1,800 miles away from company headquarters, where top executives have been scrambling for nearly two years to contain the damage from a sales practices scandal
FT subscribers can click here to receive FirstFT every day by email. Alphabet kicked off a big week for tech earnings, with numbers that showed Google was continuing to generate phenomenal advertising ...
KPMG avoided a rebellion on Tuesday from Wells Fargo shareholders over its role in auditing the bank, although it faces another vote this week from its oldest US audit client, General Electric . At Wells’ ...
Wells Fargo avoided a widespread revolt at an at-times heated annual meeting on Tuesday, although a sizeable minority of investors in the scandal-hit US bank voted in favour of two shareholder motions that the board opposed. A series of speakers at the event in Des Moines, Iowa — including John Chiang, California’s state treasurer — chastised the bank over its bogus account scandal and other mis-selling episodes, while consumer activists and bank workers held protests outside.
California state Treasurer John Chiang called for the removal of Wells Fargo & Co. Chief Executive Timothy Sloan, citing the bank’s widespread problems. A Wells Fargo spokesman said the San Francisco-based bank has made “significant progress on making things right for our customers, and strengthening operational processes, compliance and oversight.” He also cited work the bank has done for its home state, including in 2009 during the state’s cash shortfall and a 2017 loan to the state for repairs to Oroville Dam north of Sacramento. Wells Fargo is one of the top employers in California, with 40,000 workers.
Wells Fargo is one of the top employers in California with 40,000 employees. Mr. Chiang spoke at an event in San Francisco scheduled a day before Wells Fargo's annual shareholder meeting Tuesday in Des Moines, Iowa.
SIG analyst Jack Micenko on Monday cut his estimates for per-share earnings for Wells Fargo & Co. in the wake of the Friday announcement that the bank would pay $1 billion in fines after years of customer misdeeds. Wells shares have lost 13% for the year to date, while the S&P 500 is roughly flat.
Following Wells Fargo’s $200-billion low-carbon commitment announced last week, its Renewable Energy and Environmental Finance unit today announced the completion of $70 million in tax-equity funding for the Pacific Plains wind projects, including facilities in Indiana, Nebraska, and California.
ETF inflows maintained the strong momentum last week amid solid corporate earnings growth. According to FactSet, US-listed ETFs attracted $11 billion worth of inflows, which takes the year-to-date inflows to $82.1 billion. The smart recovery in global stocks inspired investors to put $7.9 billion into equities (JPM) (WFC) (C)—$6.8 billion was in US equities, while the remaining was in international equities. US fixed-income ETFs added $2.2 billion, while international fixed-income ETFs garnered $458 million. The benchmark ten-year Treasury yield rose to 3% compared to 2. ...
Apr.24 -- Bloomberg's Laura Keller reports from Wells Fargo's annual meeting in Des Moines, Iowa. She speaks on "Bloomberg Markets."
Apr.24 -- California State Treasurer John Chiang discusses Wells Fargo defending their culture and practices, and says the bank needs new leadership. He joined "Bloomberg Markets: The Open."
Apr.24 -- Bloomberg's Laura Keller reports on Wells Fargo ahead of its annual shareholder meeting in Des Moines, Iowa. She speaks on "Bloomberg Daybreak: Americas."
Apr.24 -- Darrell Cronk, president and chief investment officer at Wells Fargo Investment Institute, and Bloomberg's Will Kennedy, discuss commodities and value in industrial stocks. They speak on "Bloomberg Daybreak: Americas."
Apr.23 -- Mike Mayo, Wells Fargo Securities senior bank analyst, says the bank earnings results validate his bullish take on the sector. He speaks with Vonnie Quinn on "Bloomberg Markets."