Bank of America Corp (BAC), Wells Fargo & Co (WFC): Three Reasons These Banking Relics Are Still Relevant
Ten bucks says that if you jumped in your car and drove within a five-mile radius of a suburban area, you would pass at least 10 bank branches.
Posts Tagged ‘Wells Fargo & Company (WFC)’
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC): Why Big Banks Can Give Your Portfolio a Lift
Stocks soared to their third consecutive week of strong gains, riding optimism over the continuation of quantitative easing programs to record highs.
Wells Fargo & Co (WFC): Are Big Banks Still at Risk?
Profitable growth in the financial sector depends on a rebound in economic growth and rising interest rates.
Bank of America Corp (BAC), PNC Financial Services (PNC): Rising Rates a Headwind for these Banks
While long-term rates were kept low for quite some time, loan growth at Bank of America Corp (NYSE:BAC) remained sluggish.
WebMD Health Corp. (WBMD), Wells Fargo & Co (WFC): Are These 4 Post-Earning Movers a Buy?
Earnings season has officially begun, and there were several companies that either reported earnings or provided preliminary earnings, which created a significant amount of stock...
Why Wells Fargo & Co (WFC) Hit a New High This Morning
It's on a roll. Wells Fargo & Co (NYSE:WFC) was trading at $43.35 shortly before 11 a.m. EDT.
Somebody’s Lying at Bank of America Corp (BAC)
Unbowed by the excruciating testimony provided by seven former employees in the Home Affordable Mortgage Program lawsuit currently under way in Boston, Bank of America Corp (...
American International Group Inc (AIG) Investors Ride Their Own Market Wave Today
An hour and a half into trading, American International Group Inc (NYSE:AIG) is up by 0.3%: so far handily beating the market, if not quite keeping pace with its financial sector...
Is Wells Fargo & Co (WFC) Still the Best Bank in the Business?
Wells Fargo & Co (NYSE:WFC) will release its quarterly earnings report on Friday, and some investors are already concerned about the potential for a disappointment.
Alcoa Inc (AA), JPMorgan Chase & Co. (JPM) – Earnings Season: So Far, So Good
There's finally something other than the Federal Reserve and "tapering" for traders to obsess over.
Alcoa Inc (AA): Three Earnings Plays to Watch This Week
Last Friday, the better than expected jobs report caused the market to stage an end of week rally. The Bureau of Labor Statistics reported that the U.S.
What You Need to Know About Berkshire Hathaway Inc. (BRK.B)
When I run across a company I might be interested in as an investment -- one that I know next to nothing about -- I typically start my investigation by just jumping in and taking...
Bank of America Corp (BAC), U.S. Bancorp (USB) – Stalled Student Loan Bill: Here’s How It Affects You
Interest rates on federally subsidized Stafford student loans doubled as of July 1, and since then, Congress has tried to pass a student loan bill that would give students and...
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC) – Mortgage Rates Soar: Is It Too Late to Refinance?
Many investors have expected for years that interest rates on mortgage loans would eventually rise from record-low levels.
Exxon Mobil Corporation (XOM), AT&T Inc. (T), Apple Inc. (AAPL): These 15 Stocks Are the Most Generous Dividend-Payers in the Market
Dividend stocks have gotten incredibly popular among investors as the search for income has led many to take on more risk in their portfolios in order to generate the cash flow...
Five Quotes from Wells Fargo & Co (WFC)’s Conference Call
Most European castles are situated in strategically significant locations: on cliffs overlooking the sea, square in the middle of valleys, at the entrance to mountain passes, ...
Alcoa Inc (AA), JPMorgan Chase & Co. (JPM): The Economic Data That Moved the Markets This Past Week
While individual stocks typically move on company-specific news, when the major indexes make big moves, it's usually due to macro events or economic data reports that give investors...
Wells Fargo & Co (WFC), Toll Brothers Inc (TOL), Lennar Corporation (LEN): Mortgage Rates Are Still Dirt Cheap
Mortgage rates have skyrocketed over the past few months.
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): One Mortgage-Rate Chart That Makes Bankers Drool
Interest rates are rising, and mortgage rates have gone along for the ride. According to Freddie Mac, for the week of July 12, 2012, the average rate on a U.S.
JPMorgan Chase & Co. (JPM), Citigroup Inc (C): Good News for America, Bad News for Banks
Wall Street bankers make millions of dollars a year, many (many) multiples of what the average Joe makes.
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.
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), 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.
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...
