Financial Select Sector SPDR ETF (XLF)
NYSEArca - NYSEArca Delayed Price. Currency in USD
- Yahoo Finance•2 days ago
After a wild week for the markets, stocks cool off after notching a three-day winning streak. We break down the week that was on Wall Street. Plus, IPOs are back in vogue on Wall Street. De Silva was a former senior exec at Valeant.
- Barrons.com•3 days ago
Credit Suisse analyst Susan Roth Katzke and Athena Xie are "weighing the risks" on Wells Fargo (WFC) following revelations that it had opened two million customer unauthorized accounts...and while they cut their price target, they leave their Outperform rating intact. To reflect the heightened risk and related costs, we are reducing our 2017/2018 estimates to $4.00/$4.30 per share (old: $4.15/$4.45, see detail below)... While there's no doubt our confidence is undermined by the circumstances surrounding the bank's September 8th settlement and the follow-on investigations, we believe Wells Fargo shares are now discounting a significant amount of the risk related to additional penalties, including litigation charges and franchise costs (we have attempted to factor the latter—slower earnings growth in 2017/2018, into our estimates).