NYSEMKT:ERH
Wells Fargo Advantage Utilities & High Stock News
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At Close: May 24, 2024
Minority entrepreneurs at a tipping point as Black-owned banks dwindle in the U.S.
01:57pm, Tuesday, 25'th Aug 2020
There are less than two dozen Black-owned banks in the U.S., and not one manages more than $1 billion. For Black business owners and communities of color to create wealth, that needs to change, yet th
Wells Fargo asset cap has hit bank hard - InvestmentNews
12:13pm, Tuesday, 25'th Aug 2020
The sanction the Federal Reserve imposed to force Wells Fargo to address a series of scandals may have cost the bank about $4 billion in profits.
Socure Closes New Round of Funding, with Participation from Major Banks
12:00am, Tuesday, 25'th Aug 2020
Socure, the leader in Day Zero identity verification, today announced it has raised $35 million in a new round led by Sorenson Ventures with participa
Wells Fargo asset cap is now one of the costliest bank penalties
07:42pm, Monday, 24'th Aug 2020
By one method of estimating, Wells Fargo has missed out on roughly $4 billion in profits — and counting — since the cap was imposed, and it's unclear when the Fed will lift it.
Wells Fargo Asset Cap Is Now One of the Costliest Bank Penalties - BNN Bloomberg
06:54pm, Monday, 24'th Aug 2020
Hitting banks with multibillion-dollar fines grabs headlines, but a Federal Reserve cap on Wells Fargo & Co.’s assets is becoming the industry’s true terror.
3 Big Reasons to Buy Wells Fargo Stock for the Next 12 Months
10:44am, Monday, 24'th Aug 2020
WFC stock may look ugly today, but it's in a great position to rise 50% or more over the next 6 to 12 months.
The S&P 500's return to a record doesn't tell the full story with 60% of stocks still with losses
11:32am, Saturday, 22'nd Aug 2020
The S&P 500 closed at a record high on Tuesday, wiping out losses from the coronavirus-induced selloff, but new analysis shows most stocks have yet to climb back to prior levels.
Merrill Lynch Gets More Transparent on Diversity
07:41pm, Friday, 21'st Aug 2020
The brokerage giant reveals the racial and gender makeup of its brokerage force amid the Black Lives Matter movement and a focus on Wall Street’s poor diversity record.
TD Bank agrees to pay $122 million to settle claims it employed illegal overdraft practices
07:24pm, Friday, 21'st Aug 2020
TD Bank on Thursday agreed to pay $97 million in restitution to approximately 1.42 million customers, as well as a $25 million civil penalty to settle allegations brought by the Consumer Financial Pro
Wells Fargo Resumes Job Cutting As Part Of Plan To Save $10 Billion In Costs
07:24pm, Friday, 21'st Aug 2020
Wells Fargo is under pressure to cut costs and strip away layers of management
Wells Fargo Kicks Off Cost-Cutting Plan by Resuming Layoffs | The Motley Fool
06:35pm, Friday, 21'st Aug 2020
The job cuts were supposed to start earlier this year, but the bank paused them when the pandemic struck.
Markets look to the Fed again to build on S&P 500 record as Congress continues to disappoint
06:22pm, Friday, 21'st Aug 2020
As Congress continues to dither on stimulus spending, markets look to Fed to provide more guidance on what it might do to help the economy.
Wells Fargo adds former SunTrust executive to its board
04:30pm, Friday, 21'st Aug 2020
The election of Mark Chancy continues a trend under CEO Charlie Scharf of adding directors with deep experience in the banking industry.
L Brands stock, and Bath & Body Works sales, soar despite COVID-19
07:03pm, Thursday, 20'th Aug 2020
L Brands Inc. undefined stock has soared 142% over the last three months despite store closures due to COVID-19. The S&P 500 index undefined has rallied...
TJX stock slumps, but analysts are optimistic about the long-term
05:51pm, Thursday, 20'th Aug 2020
Among the challenges off-price retailer TJX Cos. undefined faces in the near-term due to COVID-19 are inventory supply constraints, supply chain troubles and...