Goldman Sachs Predicts Gloomy Earnings Season

02:51pm, Thursday, 06'th Apr 2023
The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. Bloomberg's Kriti Gupta reports.
Buyers have pushed UNH stock sharply higher ahead of its upcoming earnings report, but the stock's 200-day moving average could be a ceiling. The post UNH Stock Rallies Sharply Ahead Of Q1 Report; 4 F
The S&P 500 is "significantly undervalued," says Morningstar, but making money with stocks will still be a "rough road." The post These 10 Most Undervalued Stocks Are Unstoppable, Morningstar Says app

Bank Stocks Are Safe... Until They're Not

06:45am, Thursday, 06'th Apr 2023
In our 24-7 news cycle world, it's hard not to be a prisoner of the moment. It seems like every quarter; we hear the next “event” is the most important in history.

Economic Data, Bank Earnings Slated for Next Week

02:57pm, Wednesday, 05'th Apr 2023
There is plenty of economic data scheduled for the second week of April.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
According to NextEarningsDate.com, the Wells Farg next earnings date is projected to be 4/14 before market open, with earnings estimates of $1.15/share on $20.20 Billion of revenue.

Why Shares of Wells Fargo Plunged in March

06:22pm, Tuesday, 04'th Apr 2023
Wells Fargo does have a lot of unrealized bond losses, although any kind of deposit run is extremely unlikely. Wells Fargo also holds a lot of commercial real estate loans, which investors are concern
Mike Mayo, Wells Fargo Securities senior bank analyst, joins 'Squawk on the Street' to discuss his thoughts on the banking system and his top picks.

4 Stocks That Moved the Market in March

06:05am, Tuesday, 04'th Apr 2023
One major bank led the financial sector lower. One major airline reported bad news at an unfortunate time.
RBC Capital Markets Managing Director Gerard Cassidy joins Yahoo Finance Live anchors to discuss what impact the collapses of Signature Bank and Silicon Valley Bank will have on earnings season for th
Wells Fargo (WFC) closed at $37.38 in the latest trading session, marking no change from the prior day.

Banking Crisis Consequences And Opportunities

01:09pm, Friday, 31'st Mar 2023
The ongoing crisis in the banking sector has already delivered some long-lasting consequences for markets and the broader economy. We take a look at the direct implications for income investors.
Wells Fargo & Company (NYSE:WFC) has been fined US$97.8mln by the Federal Reserve and the Treasury Department for facilitating transactions that violated US sanctions laws.  The bank reportedly allo
Wells Fargo has been fined $97.8 million for sanctions-related violations from 2010 to 2015. The bank reached settlements of $67.8 million with the Federal Reserve Board and $30 million with the Treas
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