44.35 -0.07 (-0.16%)
After hours: 7:47PM EDT
|Bid||44.20 x 2200|
|Ask||44.50 x 4000|
|Day's Range||44.09 - 45.47|
|52 Week Range||43.02 - 59.48|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||9.17|
|Forward Dividend & Yield||2.04 (4.47%)|
|1y Target Est||N/A|
According to the Wells Fargo/Gallup Investor Optimism Index, U.S. investor optimism fell to its lowest point since the fourth quarter of 2016 as investor confidence weakened in the 12-month outlook for the stock market and U.S. employment. The third quarter Wells Fargo/Gallup Investor and Retirement Optimism Index is now 72, down 13 points from 85 in the second quarter and well below the post-recession high of 117 reached in the fourth quarter of 2017. “Even before the volatility of the past two weeks, investors were rattled by the market decline at the start of the month, including a nearly 800-point drop in the Dow at the start of the survey period,” said Andy Byer, head of Client Service and Advice for Wells Fargo Advisors.
Wells Fargo (WFC) today announced its Commercial Banking leadership team for the Northeast, which includes leaders serving businesses in New England, Western New York, and Eastern Canada. Based in Boston, O’Brien oversees 14 commercial banking teams with offices located in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, New York and Eastern Canada.
Investment Powers H2O.ai to Transform Every Company to be an AI Company MOUNTAIN VIEW, Calif., Aug. 20, 2019 /PRNewswire/ -- H2O.ai , the open source leader in artificial intelligence and automatic machine ...
MOUNTAIN VIEW, Calif., Aug. 20, 2019 /PRNewswire/ -- H2O.ai, the open source leader in AI and machine learning for the enterprise, today announced the latest release of its award-winning automatic machine learning platform, H2O Driverless AI. H2O.ai also announced more than 100 open-source recipes that can be used for customization and extension of Driverless AI to empower customers to address specific nuances in their use cases and the ability to include their domain expertise in order to make their own AI. H2O.ai also is pleased to announce its next round of funding led by Goldman Sachs and Ping An.
Wells Fargo & Company (WFC) today released its 2018 Corporate Responsibility report, Purpose in Action, which details its progress toward social, economic and environmental goals, and announces that the company provided $23 billion in financing in the first year of its $200 billion sustainable finance commitment. Of the $23 billion, 63% went toward low-carbon solutions such as green buildings, renewable energy and clean technologies. Increased engagement on issues of climate change and sustainable finance, including becoming a founding member of the U.S. Sustainable Finance Alliance, and playing a role in important global and national stakeholder gatherings such as the Global Climate Action Summit and Bloomberg’s Sustainable Business Summit.
All of the changes are effective on or about October 15, 2019, with the exception of the managed distribution plan, which will be effective according to the timeline discussed below. The fund’s investment objective will remain to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income.
The equity portion of the fund’s investment strategy no longer expects to invest at least 65 percent of its total assets in securities of issuers in the utilities, energy and communication services sectors. Instead, the equity sleeve expects to invest normally in approximately 60 to 80 securities, broadly diversified among major economic sectors and regions.
The Wells Fargo Income Opportunities Fund , the Wells Fargo Multi-Sector Income Fund , the Wells Fargo Utilities and High Income Fund , and the Wells Fargo Global Dividend Opportunity Fund have each announced a distribution.
Wells Fargo & Company (WFC) today announced that on Sept. 16, 2019 it will redeem 1,550,000 shares (the “Redeemed Shares”) of its Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series K (the “Series K Preferred Stock”). The Redeemed Shares will be selected in accordance with the standard procedures of The Depository Trust Company. The redemption price will be equal to $1,000.00 per Redeemed Share.
Wells Fargo & Company (WFC) today announced that Colleen Taylor will join Wells Fargo as head of Wells Fargo Merchant Services, responsible for the strategic direction and management of the merchant services business and a joint venture with Fiserv. Taylor, who was named one of PaymentSource’s Most Influential Women in Payments in 2019, brings nearly 30 years of financial services experience, most recently as executive vice president at Mastercard, where she was responsible for strategic initiatives including driving growth from B2B, government, and new economy payments segments. In addition, she spent a number of years with Wells Fargo and Wachovia in Treasury Management.
NeighborhoodLIFT program to offer homebuyer education plus $10,000 down payment assistance grants for Alaska homebuyers; $12,500 grants for veterans, military, teachers and first r
Wells Fargo today announced that Eileen Fitzgerald will join the company as head of its housing affordability philanthropy. “America can’t afford unaffordable housing,” said McHale. Fitzgerald has more than 25 years of experience in housing and community development.
Business owners showed a rise in optimism in the latest quarterly Wells Fargo/Gallup Small Business Index, conducted July 8–12. A majority also expressed little concern that their businesses would be affected by U.S. trade and tariff policies. Business owners continued to indicate strong optimism about their present and future financial situations, with optimism scores of 64 and 72 respectively.
Chicago NeighborhoodLIFT® program awards local initiative grants to four nonprofits serving the Austin community
Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 5.25 percent from 5.50 percent, effective tomorrow, Aug. 1, 2019.
Wells Fargo & Co. today named David Kowach head of Community Banking, Jim Hays president and head of Wells Fargo Advisors, Andy Rowe Enterprise Customer Excellence executive, and Elli Dai Small Business and Personal Lending Group executive.
The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Diverse Community Capital program already supports 16,000 business loans, helped create more than 103,000 jobs across country
Wells Fargo & Company today announced a quarterly common stock dividend of $0.51 per share, payable Sept. 1, 2019 to stockholders of record on Aug. 9, 2019, as approved today by the Wells Fargo board of directors.
Wells Fargo & Company (WFC) announced today that Fiona Gallagher has been named as the new chief executive officer for Wells Fargo Bank International Unlimited Company (WFBI), effective Oct. 1. Gallagher will be based in Dublin, Ireland.
The event is EnerCom's 24th annual Denver investment conference. At this year's conference, c-level leadership of leading oil and gas companies will present their plans for drilling and completing wells, discuss well results and capital efficiency, and estimate capital expenditures and production for the balance of 2019 and into 2020.