The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Net interest income, a key driver of earnings for banks, h
A slate of big banks will report earnings before the market opens on Friday. The impact of inflation and interest rates will be watched closely, as will which banks can outperform their rivals on Wall
Dick Kovacevich, Former Wells Fargo CEO, joins 'Closing Bell: Overtime' to discuss rising rates and bank earnings.
Wells Fargo & Company (NYSE:WFC) has a chance to mitigate what has been a less-than-ideal 2023 for its shares when the bank reports earnings before the bell Friday.  The bank is expected to post rev

Stocks Sell Off During Bank Holiday

12:02pm, Monday, 09'th Oct 2023
There are no government economic data reports out today; in fact, we're a little quiet around here until mid-week.

Markets Await PPI, CPI Reports

12:02pm, Monday, 09'th Oct 2023
Today is a bank holiday, but one in which the stock market is still open: Indigenous Peoples Day, or Columbus Day, depending on the region of the country you live in. As such, there are no government
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Profit updates from the U.S.'s largest banks are expected to fare better than their stock price weakness would suggest when third-quarter earnings season kicks off this coming Friday.

2 Sectors to Watch Before Halloween

08:00am, Friday, 06'th Oct 2023
Subscribers to  Chart of the Week  received this commentary on Sunday, October 1.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC), as previously announced, will report its third quarter 2023 earnings results on Friday, Oct. 13, 2023, at approximately 7:00 a.m. Eas
Stocks ended the third quarter on a sour note. The Federal Reserve's aggressive posture against inflation combined with soaring interest rates have investors taking defensive measures.
Chuck Lieberman, co-founder and CIO of Advisors Capital Management, joins 'Squawk on the Street' to discuss whether the banks are safe, any concerns with the losses in banks' bond portfolios, and more
In the latest trading session, Wells Fargo (WFC) closed at $38.97, marking a +0.78% move from the previous day.

Why Shares of Enhabit Slumped on Tuesday

05:47pm, Tuesday, 03'rd Oct 2023
Enhabit posted a $74.1 million loss in the second quarter. The company's board is looking into a possible sale or merger.
Wells Fargo (WFC) divests around $2 billion of private equity investments in certain funds to a group of leading investors to reallocate resources in core businesses.
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