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Wells Fargo & Co (NYSE:WFC) Hires Barry Sturdivant To Expand Its Agribusiness Network

Boston, MA 08/14/2014 (wallstreetpr) – Diversified financial services provider Wells Fargo & Co (NYSE:WFC) disclosed that it had appointed Barry Sturdivant to head the company’s National Food and Agribusiness segment. He is expected to take the further lead in its initiatives with the nursery and greenhouse industry in the U.S. Horticulture Industry Wells Fargo & […]

Wells Fargo & Co (NYSE:WFC) Leads Upgrading Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) Shares

Boston, MA 08/12/2014 (wallstreetpr) – Biopharmaceutical company, Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) got the attention of at least three brokerages, namely, Wells Fargo & Co (NYSE:WFC), Piper Jaffray and JMP Securities. They have also resorted to lifting their price objective on the stock after the company delivered better than estimated earnings number. The equity analysts’ move […]

Wells Fargo & Co (NYSE:WFC) Reportedly Offering $1.3 Billion Whooping Amount In Bad Debt Of Bank

Boston, MA 08/12/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) announced recently that it agreed to sell approximately $1.3 billion in the troubled mortgage debt. The sale shall be made in support of and on behalf of the regional bank-associated clients. Marketing of Two Pools In an interview with Bloomberg, a person close to the matter […]

Wells Fargo & Co (NYSE:WFC) Inducts Two Persons To Sell Structured Products

Boston, MA 08/06/2014 (wallstreetpr) – Diversified financial services provider Wells Fargo & Co (NYSE:WFC) had reportedly decided to induct two persons with the banking background in its structured products segment in the U.S. to service its clients. Names Two Persons Wells Fargo & Co (NYSE:WFC) had appointed Francis Begley and Serge Troyanovsky to sell various products of […]

What Not To Expect As JPMorgan Chase & Co. (NYSE:JPM) Reports 2Q

Boston, MA 07/15/2014 (wallstreetpr) – JPMorgan Chase & Co. (NYSE:JPM) reports its 2Q2014 today. It is worth taking a preview of what the company is likely to say about its second earnings results in the year. Wells Fargo & Co (NYSE:WFC) kicked off the big banks earnings report last week. The bank’s report turned out […]

2Q Profit Climbs At Wells Fargo & Co (NYSE:WFC)

Boston, MA 07/11/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC), the most valuable bank in the world, reported an increase in 2Q profit amid heightened cost-cutting in the company. Although profit is up in 2Q, the bank failed to extend its record of 17consecutive quarters of profit increase. Earnings meet expectation Wells Fargo & Co […]

Possible Surprise In Citigroup Inc (NYSE:C)’s 2Q Report

Boston, MA 07/11/2014 (wallstreetpr) – Citigroup Inc (NYSE:C) reports 2Q2014 next week July 14. That will be ahead of rival JPMorgan Chase & Co. (NYSE:JPM) that reports on July 15. A lot has improved for banks in the U.S. since the end of the financial meltdown about five years ago. However, there are also new […]

Why All Is Not Well At Wells Fargo & Co (NYSE:WFC) Ahead Earnings

Boston, MA 07/09/2014 (wallstreetpr) – Fargo & Co (NYSE:WFC) reports its 2Q2014 earnings this week on July 11 as its Wall Street peers are expected to report next week. As the reporting day approaches, all is not well at the world’s most valuable bank. The company is at risk of ending its sterling performance record […]

Wells Fargo & Co (NYSE:WFC) Aims To Grow and Lessen Confusion In Its Loan Business

Boston, MA 07/03/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) recently announced the merger of two of its corporate asset-based lending units in an apparent effort by the bank to position itself well for the anticipated growth in the segment. The bank, which is considered the fourth largest lender in the U.S., aims to erase […]

Most Mentioned: Forest Oil Corporation (NYSE:FST), Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), Companhia Energetica Minas Gerais (ADR) (NYSE:CIG)

Boston, MA 07/01/2014 (wallstreetpr) – The stock of Forest Oil Corporation (NYSE:FST) remains under pressure even after Sabine Oil & Gas announced its proposal to acquire the company was on course. Already down more than 36 percent since the beginning of 2014, the stock continued on a downward rally in the previous session where it […]

J.C. Penney Company, Inc. (NYSE:JCP) Solves On Big Problem – Money

Boston, MA 06/25/2014 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP), which is struggling to make itself relevant to customers and shareholders after years of missteps, needs money to manage its turnaround. Fortunately, the company recently closed a credit facility that will bolster its cash position. The company closed almost $2.4 billion in senior secured credit […]

Charles Schwab Corp (NYSE:SCHW): The War With Peers Continues

Boston, MA 06/20/2014 (wallstreetpr) – Charles Schwab Corp (NYSE:SCHW) is once again targeting its competitors, especially the full service firms including Morgan Stanley (NYSE:MS), Wells Fargo & Co (NYSE:WFC), Bank of America’s Merrill Lynch and others. Charles has always favored the low commission brokerage. It is successfully running its campaign that it started few years […]

NGL Energy Partners LP (NYSE:NGL) Is Doing Something Unpopular

Boston, MA 06/18/2014 (wallstreetpr) – NGL Energy Partners LP (NYSE:NGL) needs money. Instead of turning to debt, the company intends to dilute its common units in a secondary offering. Although secondary offering is considered a less expensive way to raise capital compared to debt, such offering impact the value of existing holders and, therefore, unpopular. However, […]

Miami City Suing JPMorgan Chase & Co. (NYSE:JPM) Over Discriminatory Lending Practices

Boston, MA 06/18/2014 (wallstreetpr) – Miami is the latest city to start a Lawsuit against JPMorgan Chase & Co. (NYSE:JPM) over its alleged discriminatory lending practices, following in the footsteps of Los Angeles that has also initiated the same proceedings. Miami city on its part is seeking unspecified damages, as a result, of unfair of mortgage […]

JPMorgan Chase & Co. (NYSE:JPM) Sued By Miami For Discriminatory Lending Practices

Boston, MA 06/17/2014 (wallstreetpr) – JPMorgan Chase & Co. (NYSE:JPM) was sued by the city of Miami on allegations of being involved in discriminatory lending practices. Minority Discrimination Miami filed a lawsuit with the city’s federal court last week claiming that the nation’s largest bank has been employing a series of discriminatory lending practice. The […]

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