Dow Futures Slip Following Positive Session
By Oliver Gray Investing.com - U.S. stock futures dipped during Monday’s evening trade as investors remained cautious after major benchmark averages attempted to rebound during the regular...
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Dow Makes Strong Start to Week as Banks, Tech Shine
By Yasin Ebrahim Investing.com -- The Dow climbed Monday, buoyed by a JPMorgan-led jump in banks and rally in big tech as the dip-buying seen late-Friday continued into the start of the...
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S&P 500 Rides Rally in Banks, Tech Higher
By Yasin Ebrahim Investing.com -- The S&P 500 rallied Monday, buoyed by a JPMorgan-led jump in banks and rally in tech as the dip-buying seen late Friday continued into the start of the...
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No 'big low' for stocks yet, says BofA, advising 'sell the rip, not buy the dip'
No 'big low' for stocks yet, says BofA, advising 'sell the rip, not buy the dip'
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Market Snapshot: Buy the dip or sell the ‘rip’?: What’s ahead for stock investors as ‘sticky’ inflation fears heighten consumer concern
Investors, already grappling with a sinking stock market and recession fears, will be paying close attention to the plight of consumers in the coming week.
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Wells Fargo agrees to pay $7 million to failing to follow anti-money laundering rules
The Securities and Exchange Commission on Friday said Wells Fargo & Co. agreed to pay $7 million to settle charges that it failed to file at least 34 suspicious activity reports in a timely...
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: Wells Fargo held bogus interviews with minority candidates for jobs already filled: New York Times
Six current and former Wells Fargo employees said they were encouraged to interview women or a person of color for jobs that were already filled.
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U.S. SEC charges Wells Fargo advisors with anti-money laundering violations
WASHINGTON (Reuters) – The U.S. Securities and Exchange commission on Friday said it had charged Wells Fargo Advisors with anti-money laundering related violations.
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Ross Stores stock price target cut to $80 from $90 at Wells Fargo
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about...
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Cratering Markets Blowing a Bigger Hole in Consumer Psychology
(Bloomberg) -- The pros are buried in it. But how deeply is the falling market burrowing into consumer psyches? It’s an urgent question for policy makers trying to subdue inflation while...
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Wells Fargo says "a mild recession our base case "
Via a Wells Fargo note issued Wednesday (US time):"Based on economic data trends we have been tracking, we believe the economy is now beginning to cross over a probability level that makes a...
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Wells Fargo Bullish on These 2 Stocks for Over 50% Upside
Inflation started taking off last year and is now near 40-year highs. Last week, the world’s major central banks took a pivot toward an anti-inflationary policy sta...
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Wells Fargo sees end of year U.S. recession, cuts GDP view
(Reuters) – Wells Fargo Investment Institute said on Wednesday it adjusted its economic expectations to make a mild U.S. recession its base case for the end of 2022 and early 2023 based...
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Wells Fargo CEO warns U.S. ‘it’s going to be hard to avoid some kind of recession’
The bank chief said there was “no question” that the U.S. was heading for an economic downturn of some kind.
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CFRA downgrades Wells Fargo to hold from buy
CFRA Research analyst Ken Leon on Tuesday downgraded Wells Fargo & Co. to hold from buy and cut the firm's price target on the stock to $49 from $53 a share. "We think the transformation of...
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Stock Market Today: Dow Racks Up Gains as Chip Rally Powers Tech
By Yasin Ebrahim Investing.com -- The Dow racked up gains Tuesday, supported by a chip-led rally in tech as a better-than-expected retail sales data pointing to a strong consumer revived...
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Citi Surges After Nod from Buffett's Berkshire Hathaway
By Liz Moyer Investing.com -- Citigroup Inc (NYSE:C) shares surged 8% on Tuesday after a regulatory filing late Monday by Warren Buffett's Berkshire Hathaway (NYSE:BRKa) revealed the...
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Warren Buffett owns 6 bank stocks. Which could make you the most money?
Warren Buffett owns 6 bank stocks. Which could make you the most money?
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Deep Dive: Which of Buffett’s bank stocks might make you the most money?
Berkshire Hathaway started buying shares of Citigroup during the first quarter, while dumping Wells Fargo.
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Economy Headed for Downturn, Wells Fargo CEO Says
“It’s going to be hard to avoid some kind of recession,” CEO Charlie Scharf said at the WSJ’s Future of Everything Festival. Fed Chairman Jerome Powell and other executives are also set to...
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Warren Buffett Exits Wells Fargo And Buys Stake In Its Rival Bank
Berkshire Hathaway Inc (NYSE: BRK-B) bought $3 billion worth of shares in Citigroup Inc (NYSE: C) in Q1, giving the group a stake of about 2.8%, according to filings with regulators. The...
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Ford and General Motors Downgraded by Two Notches to Underweight at Wells Fargo on Rising BEV Costs
Wells Fargo analyst Colin Langan downgraded both Ford (NYSE:F) and General Motors (NYSE:GM) to Underweight from Overweight on “massive” rising BEV costs. The analyst even wonders whether...
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Disney, Twitter, Beyond Meat Fall Premarket; Bumble, Sonos Rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, May 12th. Please refresh for updates. Walt Disney (NYSE:DIS) stock fell 5.3% after the entertainment...
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Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the...
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Citi, Wells Fargo, BNY Mellon Invest $105 in Crypto Infrastructure Firm Talos
The a16z- and Paypal-backed crypto firm will use the fund to expand its services to APAC and Europe.
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Crypto Trading Firm Talos Raises $105M from Citi, Wells Fargo, Among Others
Crypto trading engineering firm Talos has raised $105 million in Series B funding led by U.S. financial services giants Citi, Wells Fargo and BNY Mellon among the new investors.
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Wells Fargo Upgrades Match to Overweight on 'Compelling' Valuation
Wells Fargo analyst Brian Fitzgerald upgraded shares of Match Group (NASDAQ:MTCH) to Overweight from Equal Weight with a new price target of $115.00 per share, down from $140.00. Match stock...
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Wells Fargo wins dismissal of shareholder lawsuit over commercial lending
By Jonathan Stempel (Reuters) – A federal judge on Friday dismissed class-action claims that Wells Fargo & Co, the fourth-largest U.S. bank, misled or defrauded shareholders about its...
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