Recent Commentaries tagged (wfc)
JPMorgan to Return Overdraft Fees - Analyst Blog
The U.S. District Court of Southern Florida (Miami) has asked JPMorgan Chase & Co. (JPM) to pay $110 million to settle a class lawsuit related to the charging of inappropriate overdraft fees to its customers. The court held the company responsible for manipulating transaction entries to generate...
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Tags: analyst-blog | bac | cbsh | jpm | wfc | zion
Stock Market News for February 7, 2012 -...
After the European leaders urged Greece to adhere to new austerity measures in order to receive the next installment of its bailout package, debt woes returned to the forefront and US markets dropped a few points. Even though markets receded from t multi-year highs, benchmarks recouped most of th...
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Tags: market-news | aa | axp | c | jpm | mt | nue | wfc | x | stocks
Wells Fargo Completes Burdale Buy - Analyst Blog
Yesterday, Wells Fargo & Company (WFC) announced that it has accomplished the purchase of Burdale Financial Holdings Limited (Burdale) and the portfolio of Burdale Capital Finance Inc. from Bank of Ireland (IRE). The acquisition was part of the company's effort to broaden its international commer...
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Tags: analyst-blog | ire | wfc | stocks
Stock Market News for February 2, 2012 -...
Domestic as well as global economic data buoyed investor sentiment on Wednesday. The mood brightened further after Greece moving closer to striking a crucial deal with its private creditors. Markets were thus able to carry forward the positive momentum from January, which saw the benchmarks posti...
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Tags: stocks | bac | brcm | c | chkp | cien | csco | gs | jnpr | ms | stx | wfc
Financial Stocks Rally Strong But Hit Key...
As the market heads higher, the financial stocks lead the way. These gains continue to mount as concerns over Europe remain muted and economic news from China is strong. Stocks like JPMorgan Chase & Co. (NYSE:JPM) are up from a late November low of $28 and now hover at $38.00 per share. This mass...
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Tags: jpm | gs | wfc | c | stocks
BofA Hires Small Business Bankers - Analyst Blog
Yesterday, Bank of America Corporation (BAC) declared the hiring of 51 small business bankers in England, including 32 in Massachusetts, 14 in Connecticut and the remaining in Rhode Island to offer guidance and counsel to local small business owners. This hiring is a part of BofA's previously ann...
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Tags: analyst-blog | bac | jpm | wfc | stocks
Stock Market News for January 31, 2012 -...
Apprehension about the European debt situation dragged the markets down through the day, before benchmarks staged a comeback and recouped most of the losses to close the day marginally lower. A late rally by telecom and technology shares helped the benchmarks erase most of its losses, but the fin...
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Tags: stocks | aapl | axp | bac | gs | ibm | ms | msft | orcl | pcs | t | vz | wfc
Stock Market News for January 30, 2012 -...
On Friday, markets moved lower after a government report showed that GDP grew slower than expected in the last quarter of 2011. While corporate earnings failed to limit the losses, the Dow Jones Industrial Average suffered its first weekly fall this year. However, the S&P 500 limited its losses ...
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Tags: market-news | aapl | c | cvx | dell | f | goog | grpn | gs | lnkd | ms | ubs | wfc | znga
Financial Stocks Are Dipping Early
This morning, the leading financial stocks are coming under some early selling pressure. Since December 19, 2011 nearly every morning decline in the financial stocks has been bought in the latter part of the trading day. Last night, President Obama said that the banks would not be bailed out agai...
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Tags: jpm | gs | bac | wfc | ms | xlf | etfs | stocks
