52.15 0.00 (0.00%)
After hours: 6:51PM EST
|Bid||0.00 x 45100|
|Ask||0.00 x 1200|
|Day's Range||51.49 - 53.28|
|52 Week Range||50.02 - 66.31|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||12.32|
|Earnings Date||Jan 15, 2019|
|Forward Dividend & Yield||1.72 (3.24%)|
|1y Target Est||61.86|
A month ago, Hope Hardison was a top lieutenant to Wells Fargo & Co. Chief Executive Timothy Sloan, playing a major role in the cleanup of the bank’s sales scandal. Today, she is on leave from her job as chief administrative officer, following a rare rebuke from one of the bank’s key regulators. Ms. Hardison’s swift comedown signals that the gulf between the embattled bank and its government overseers is widening.
The roughly $4 billion stake was reported in Berkshire's 13-F filing, which documents the company's holdings as of end of September.
Executives from JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC) and others described how banks and fintech companies are partnering to change the payments landscape at the 2018 Benzinga Fintech Summit in San Francisco.
With Democrats winning the House, Rep. Maxine Waters (CA) is expected to take over as chair of the House Financial Services Committee. Here is what she said today:
Wells Fargo & Company (WFC), NeighborWorks® America, Orlando Neighborhood Improvement Corporation (ONIC), and Neighborhood Housing Services of South Florida (NHSSF) today announced the NeighborhoodLIFT® program will launch for Lake, Orange, Osceola and Seminole counties with a $6.3 million commitment by Wells Fargo to boost local homeownership.
With the prospect of longer life spans, 38 percent of U.S. workers age 21 and older say it would be a financial “hardship” to live past the age of 85, according to the 2018 Wells Fargo Retirement study, which examines the attitudes and savings of working adults and retirees. Most workers say they expect to live to age 85, 42 percent say they could live longer, and 10 percent say they could live to 95 or older. Now in its ninth year, the Wells Fargo Retirement study was conducted online by The Harris Poll on behalf of Wells Fargo.
As of Tuesday morning, the Northern California wildfire has burned through 125,000 acres, taking the lives of 42 people and charring 6,792 structures, the bulk of which are homes.
(Bloomberg) -- The pound surged on signs that the U.K. is inching closer to an agreement with the European Union on a Brexit divorce deal.
Wells Fargo & Company (WFC) today launched its second annual Holiday Food Bank program to help feed people and families in need this holiday season. Wells Fargo kicked off the program with a $4 million donation to Feeding America®, the largest domestic hunger-relief organization in the U.S. The company also will match up to an additional $1 million in consumer monetary donations to Feeding America, potentially bringing Wells Fargo’s total contribution up to $5 million. The organization estimates that, with every $1 contribution to Feeding America providing 10 meals, Wells Fargo will help secure more than 40 million meals for people in need.
If there's one thing investors have been able to count on during this long bull market, it's companies repurchasing record amounts of their own stock. Recent volatility notwithstanding, big stock buybacks are a trend that's expected to continue. "For the second half of 2018, indications are strong for increased corporate expenditures in both buybacks and dividends, with annual records for both," wrote Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices, in a report summing up buyback activity through the first half of the year. "Buybacks appear to be on a roll, supporting stock price via more purchases and increasing earnings per share through lower share counts." Lower corporate tax rates and companies repatriating cash held overseas are helping fuel an acceleration in share repurchase programs, which were already going strong. Indeed, over the past five years, companies in Standard & Poor's 500-stock index bought back a stunning $2.82 trillion of their own stock, according to S&P Dow Jones Indices. Although it takes more than share repurchases to support stock prices, they sure do help - and investors generally love them. When it comes to returning cash to shareholders through stock buybacks, these are the most generous companies over the past half-decade. SEE ALSO: The Kiplinger Dividend 15: Our Favorite Dividend-Paying Stocks
Wells Fargo & Company (WFC) announced today that it is donating $250,000 to fund wildfire relief efforts in California. The funds will help support disaster relief operations for people impacted by the Camp Fire in Northern California, and the Woolsey and Hill Fires in Southern California. The American Red Cross will receive $125,000 to support those across the state that have been affected by wildfires.
Are student loans as taboo as you think? According to a new study, the answer is no. With more motivation to finish school quicker, students are earning better grades and graduating sooner. Yahoo Finance's Adam Shapiro, Seana Smith, Dan Roberts, and Randy Frederick, Vice President of trading and derivatives at the Schwab Center for Financial Research, discuss.