Is Microsoft Corporation (MSFT)’s Restructuring Doomed to Fail?
Even as regulators begin to bear down on too-big-to-fail institutions, JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co (NYSE:WFC), two of the largest U.S.
Posts Tagged ‘NYSE:WFC’
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM): Dow Soars but Banks Are Still in Limbo
Now that things are settled, the Dow Jones Industrial Average can get back to business. Soaring this morning after Mr.
Why Bank of America Corp (BAC) Stock Is Headed Higher
On one hand, you have high volatility sending shares of the nation's largest banks spiraling higher or plummeting lower on any given day.
Can Citigroup Inc (C) Earnings Defy the Mortgage Slowdown?
Citigroup Inc (NYSE:C) will release its quarterly report next Monday, and chief among the fears of investors in the big bank is how the recent rise in interest rates will affect...
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): Two Banks to Buy, One to Avoid
Since the 2008 economic crisis, the Federal Reserve has taken steps to reduce the volatility in interest rates in order to boost the economy and to reduce unemployment.
Citigroup Inc. (C) Is About to Get Boring
Three hours into trading, Citigroup Inc. (NYSE:C) is trading down 1.1%, after opening down 0.8%.
Bank of America Corp (BAC), Wells Fargo & Co (WFC): Dow Dips After Discouraging Housing Data
It's been a rocky start today for the Dow Jones Industrial Average (Dow Jones Indices:.DJI), as the index has tumbled after a four-day rally.
Bank of America Corp (BAC)’s Uncomfortable Gray Space
After three straight days of gains, Bank of America Corp (NYSE:BAC) stock opened down today and has so far stayed down, an hour and a half into trading.
Bank of America Corp (BAC): Banks Hit on Fees That Won’t Drive Customers Crazy
Since interest rates have hit bottom -- reducing the revenue that banks generally pull in from products such as loans and securities -- banks have been scrambling to come up with...
PNC Financial Services (PNC), Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): This Bank is a Good Investment in the Long Run
Since the beginning of the year, PNC Financial Services (NYSE:PNC) has had quite an outstanding performance, rising by around 30.20%, beating the S&P 500’s return of only 14...
Bank of America Corp (BAC), The Bank of New York Mellon Corporation (BK): Big Banks Aren’t Getting Away With It That Easily
Two big macroeconomic stories are weighing on the market's collective consciousness today.
One Reason Wells Fargo & Co (WFC) Is Trading Down Today
Two hours into the trading day, Wells Fargo & Co (NYSE:WFC) stock is down 0.6%.
Why Bank of America Corp (BAC) Is Stalling
It's been a good year thus far for bank stocks, with the KBW Bank Index up by 25% since the beginning of January, but things appear to be stalling today.
Wells Fargo & Co (WFC) Starts Its Day With a New High
With the entire banking sector cashing in on the good vibes created by Friday's jobs data, it's no surprise that stalwart Wells Fargo & Co (NYSE:WFC) is leading the pack higher...
Why Bank of America Corp (BAC) Will Skyrocket Today
It's early in the trading week, but it is apparent that the banking sector is still gleaming from the decent jobs report last Friday, which revealed that nearly 200,000 new jobs...
Wells Fargo & Co (WFC), EZCORP Inc (EZPW): Don’t Bank on Bank Cash Advances
Not even if you're name is Wells Fargo & Co (NYSE:WFC) can you escape the wrath of bankers who don't want competition from the payday industry. New regulations by the FDIC and...
Wells Fargo & Co (WFC): Can History Repeat Itself?
The rising interest rate environment since the first quarter had a mixed impact on the U.S. financial sector.
Zillow Inc (Z), Wells Fargo & Co (WFC), Bank of America Corp (BAC): The One Housing Statistic That’s Still Falling
But there's one statistic that continues to fall: the homeownership rate.
Wells Fargo & Co (WFC), Discover Financial Services (DFS), Citigroup Inc (C): Banking on Banks Amid Higher Rates
Over the last couple of weeks, interest rates across the bond market have rising fairly drastically as a result of fears concerning tighter monetary policy.
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC): Friday’s “Catastrophic Surge” in Mortgage Rates
If you're thinking about buying a home, then you're probably not going to like what I'm about to say.
Dow Jones Industrial Average (.DJI)’s Fireworks-like Gains Go Up in Smoke
Early in trading, it was looking like the day off for yesterday's Independence Day holiday had given the market some much-needed rest.
JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Goldman Sachs Group Inc (GS): More Stringent Rules for Large Banks
Earlier this week, the regulators published the new Basel III rules for the U.S. banks.
JPMorgan Chase & Co. (JPM): Mortgage Applications Plummet, Weighing on Bank Stocks
This morning, the Mortgage Bankers Association announced that applications for home loans fell last week by 11.7% compared with the prior week.
Bank of America Corp (BAC) Reaps the Benefits of a Day Off
Everyone needs a day off once in a while, and the Independence Day holiday yesterday may have given bank investors the little bit of relaxation they needed to end the week on ...
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM), Citigroup Inc. (C): Prepare for the Q2 Earnings-Season Bloodletting
This is going to make for some serious ugliness on bank balance sheets. In the fixed-income market, the basic math is simple: When rates go up, prices go down.
Wells Fargo & Co (WFC), Bank of America Corp (BAC): Stocks and the Federal Reserve — Necessary Pandemonium
Let me be clear from the outset: The Federal Reserve has not only been justified in its aggressive stance toward monetary policy over the past five years, it's also been effective...
Wells Fargo & Co (WFC), Baxter International Inc. (BAX): Obamacare-Inspired Investment Opportunities
Love it or hate it, the Patient Protection and Affordable Care Act -- commonly referred to as Obamacare -- changes the health care landscape.
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM): Drama Can’t Keep the Dow Jones Industrial Average (.DJI) Down
After a precipitous drop this morning, the Dow Jones Industrial Average (INDEXDJX:.DJI) has completely recovered, and is sitting at a 36-point gain as of 11:30 a.m. EDT.
JPMorgan Chase & Co. (JPM), U.S. Bancorp (USB), Citigroup Inc (C): Could Higher Rates Still Mean Book Value Growth for Your Bank?
The first half the current quarter was marked by climbing interest rates thanks to the speculation that started since May that the Fed might be ending its aggressive bond buying...
Why Bank of America Corp (BAC)’s Name Is Mud
Earlier this year, it looked as if Bank of America Corp (NYSE:BAC)'s plan to spruce up its tarnished public image was having some effect, but that momentum was short-lived.
Wells Fargo & Co (WFC), The Home Depot, Inc. (HD): When Will Investors Stop Worrying About QE?
I tread carefully in writing this article because whenever anyone discusses the pseudo-religious issue of investing fundamentals and/or why markets move, he is usually met with...
Buy Stock in Citigroup Inc. (C) Because of Corbat
If you want to crack the code of a company -- to really understand what makes it tick as a business and as an investment -- one of the things you have to get your head around ...
JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Wells Fargo & Co (WFC): Profiting From the End of the World
On Thursday, June 20, all hell broke loose.
JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Goldman Sachs Group, Inc. (GS): 3 Financial Institutions That Are Banking Big on Solar
I must confess my bias before I continue. A big proponent of renewable energy, I’m eagerly awaiting the installation of solar panels on my home in the coming weeks.
Wells Fargo & Co (WFC), Bank of America Corp (BAC): Book Value Erosion a Concern for These Banking Stocks
Interest rates have been on the rise since the start of the current year.
Wells Fargo & Co (WFC) Is Underperforming Today Despite Good News
Three hours into the trading day, Wells Fargo & Co (NYSE:WFC) is keeping its head above water, but that's about it: The superbank is up 0.35% after opening down 0.06%.
Citigroup Inc (C): Advantage Becoming a Headwind
Citigroup Inc (NYSE:C) is the third largest bank holding company in the United States by assets, with approximately $1.9 trillion assets under its management.
Lennar Corporation (LEN), KB Home (KBH): The Housing Boom Is Almost Here
It sounds premature to say that the housing market should be booming again already, but it's true.
Amazon.com, Inc. (AMZN), Yelp Inc (YELP): Great Ways To Lose Good Money
Investors and shareholders often times make big mistakes when trying to assess the true value of a company.
M&T Bank Corporation (MTB): Here’s A Regional Bank That’s Worth A Look
M&T Bank Corporation (NYSE:MTB) is a relatively large regional bank, with most of its operations concentrated in the Northeastern U.S.
Why Bad News Can’t Stop Citigroup Inc (C) Investors Today
After beating out Friday's market correction, two and half hours into trading today, Citigroup Inc (NYSE:C) stock continues its strong performance: up a big 2.2%, despite breaking...
Bank of America Corp (BAC), Wells Fargo & Co (WFC): Dow Jones Industrial Average (.DJI)’s Best Yet to Come?
As the Dow Jones Industrial Average (INDEXDJX:.DJI) begins the third quarter up 155 points as of 11:50 EDT this morning, it has history on its side.
Bank of America Corp (BAC), Wells Fargo & Co (WFC): 5 Facts about Underwater Homeowners
The housing recovery is gaining momentum. Home prices are heading higher. Builders are ramping up construction.
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM): Why You Should Buy Into the Banking Sector Now
Over the past several months, attention on Wall Street has been predominantly focused on the banking sector.
JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC): Did You Miss Your Chance to Grab a Cheap Mortgage?
Over the seven days running from June 20 to June 27, mortgage analysts at Freddie Mac clocked 30-year mortgages running up 53 basis points, from 3.93% to 4.46%.
How Americans Got Burned by Bank of America Corp (BAC)
Two weeks ago we published a widely read article about how the nation's second largest bank by assets is alleged to have delayed and denied mortgage modifications to qualified...
Bank of America Corp (BAC), Wells Fargo & Co (WFC): The 1 Trend Banks Can’t Afford to Ignore
Banks are naturally skeptical of change, and they were slow to adapt to the Internet age in the 1990s and 2000s.
Lennar Corporation (LEN): Comprehensive Proof That the Housing Recovery Is Real
If you had any doubts about the housing recovery, then June should have assuaged you.
Federal National Mortgage Association (FNMA), FREDDIE MAC PFD Z (FMCKJ): 6% Mortgage Rates Could Come Sooner Than You Think
Homeowners have enjoyed rock-bottom mortgage rates for years now.
