|Bid||52.80 x 100|
|Ask||53.29 x 300|
|Day's Range||51.92 - 53.49|
|52 Week Range||49.27 - 66.31|
|PE Ratio (TTM)||12.68|
|Earnings Date||Jul 13, 2018|
|Forward Dividend & Yield||1.56 (2.97%)|
|1y Target Est||60.54|
What are the 10 most hated companies in America right now? In the last couple of months there have been many incidents of various magnitudes that affected the reputation of several big companies. Reputation is a very important thing for companies that interact with customers on their daily basis and tarnishing it might have big […]
Investing.com – The dollar rose to a more than three-month high against a basket of major currencies as U.S. bond yields resumed their trend higher.
Originally, Kvamme wanted to retire in 2016, but he says he stayed to help the bank deal with its lingering customer-account scandals.
The stock market may be declining this week as first quarter earnings season is in full swing, but the reports out of the companies so far have been stronger than estimates. The Fidelity Investments executive noted that earnings estimates have grown to an increase of 18.7% in the one week since corporate America started offering up its results for the first three months of the year. "Really an amazingly bullish story," said Timmer, noting that the market is currently in digestion mode.
These tips will come in handy, even when you’re not getting your insurance from Wells Fargo.
Interactive Brokers Group’s (IBKR) Electronic Brokerage segment posted net revenues of $465.0 million in 1Q18, up from $314.0 million in 1Q17. The company’s net interest income was positively impacted in 1Q18 by an increase in its average customer margin loans and credit loans. The Electronic Brokerage segment’s commission revenues reported a year-over-year (or YoY) rise in 1Q18 due to upward movement in its customer volumes.
Wells Fargo re-elected all of its directors at its annual meeting, but shareholders still complained about CEO Timothy Sloan and executive pay.
DES MOINES, Iowa/NEW YORK (Reuters) - Wells Fargo & Co (WFC.N) investors gave strong backing to the bank's directors and executives on Tuesday, indicating they are ready to give its revamped leadership time to rebuild from scandal despite a noisy annual shareholder meeting. Wells Fargo executives said each of the bank's 12 director nominees received more than about 89 percent support from investors and about 92 percent of shares were cast in favour of the pay of Chief Executive Tim Sloan and other leaders.
DES MOINES, Iowa/NEW YORK, April 24 (Reuters) - Wells Fargo & Co investors gave strong backing to the bank's directors and executives on Tuesday, indicating they are ready to give its revamped leadership time to rebuild from scandal despite a noisy annual shareholder meeting. Wells Fargo executives said each of the bank's 12 director nominees received more than about 89 percent support from investors and about 92 percent of shares were cast in favor of the pay of Chief Executive Tim Sloan and other leaders. The results signal investors are giving the new board members and other changes a chance, said Jill Fisch, a University of Pennsylvania Law School professor and corporate governance expert.
Wells Fargo & Co.’s annual shareholders meeting in Iowa drew a protest march and repeatedly broke into heated exchanges, with critics blasting the bank’s scandals, labor practices and financing of gun makers, jails and oil projects. Chief Executive Officer Tim Sloan may have more work ahead in his mission to win back public trust -- but investors, at least, aren’t rebelling. “We can’t be all things to all people,” Sloan said as the meeting wrapped up.
Wells Fargo & Co. re-elected all of its 12 board directors with more than 89% of preliminary votes, in a shift from the bank’s turbulent shareholder meeting last year. Wells Fargo, which hosted the meeting in Des Moines, Iowa, near its mortgage-business headquarters, still heard complaints about Chief Executive Timothy Sloan, executive compensation and its relationship with the firearms industry during the 2 ½-hour-long meeting. Wells Fargo Chairman Elizabeth “Betsy” Duke defended Mr. Sloan’s role as CEO, saying she disagrees with California Treasurer John Chiang’s and others’ calls for him to be removed.
Wells Fargo & Company today announced a quarterly common stock dividend of $0.39 per share, payable June 1, 2018 to stockholders of record on May 4, 2018, as approved today by the Wells Fargo board of directors.
Dull is not the word to describe the bank's annual shareholders meeting, held Tuesday in Des Moines, Iowa.
Shareholders voted Tuesday 92.4 percent in favor of the bank’s executive compensation plan, based on preliminary results released at Wells Fargo’s annual meeting in Des Moines, Iowa. Some critics of the bank expressed outrage last month, after the firm awarded Chief Executive Officer Tim Sloan a $17.4 million package for 2017, a 36 percent raise. Sloan, who started his presentation by bringing his son, daughter-in-law and two grandchildren on stage, had asked the board not to award him a bonus and most of his package was restricted stock.
Wells Fargo & Company announced today that its shareholders elected as directors the 12 nominees named in the company’s proxy statement and ratified the appointment of KPMG LLP as the company’s independent auditors for 2018.
California State Treasurer John Chiang discusses Wells Fargo defending their culture and practices, and says the bank needs new leadership. He joined "Bloomberg Markets: The Open." (Source: Bloomberg)...
Wells Fargo's annual meeting is on Tuesday in Des Moines, Iowa, 1,800 miles away from company headquarters, where top executives have been scrambling for nearly two years to contain the damage from a sales practices scandal
Bloomberg's Laura Keller reports on Wells Fargo ahead of its annual shareholder meeting in Des Moines, Iowa. She speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
Apr.24 -- Bloomberg's Laura Keller reports from Wells Fargo's annual meeting in Des Moines, Iowa. She speaks on "Bloomberg Markets."
Apr.24 -- California State Treasurer John Chiang discusses Wells Fargo defending their culture and practices, and says the bank needs new leadership. He joined "Bloomberg Markets: The Open."
Apr.24 -- Bloomberg's Laura Keller reports on Wells Fargo ahead of its annual shareholder meeting in Des Moines, Iowa. She speaks on "Bloomberg Daybreak: Americas."
Apr.24 -- Darrell Cronk, president and chief investment officer at Wells Fargo Investment Institute, and Bloomberg's Will Kennedy, discuss commodities and value in industrial stocks. They speak on "Bloomberg Daybreak: Americas."