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Citigroup Inc (NYSE:C): Passes Stress Test With Flying Colors

Boston, MA 03/21/2014 (wallstreetpr) – In what should come as good news for investors, customers as well as financial authorities, 29 out of 30 banks and all four major financial institutions in the U.S. passed the Dodd-Frank Stress Tests administered by the Federal Reserve. All big banks — including Citigroup Inc (NYSE:C) — have adequate capital […]

Wells Fargo & Co (NYSE:WFC) Is Ready To Roar

Boston, MA 03/10/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) is back from the financial crisis of 2008 and stronger than ever. While all its banking peers have left the worst of the crisis behind them, Wells Fargo has been left particularly unscathed. JP Morgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), and Bank of America […]

Why These Stocks Are Trending: Wells Fargo & Co (NYSE:WFC), MannKind Corporation (NASDAQ:MNKD), Signet Jewelers Ltd. (NYSE:SIG)

Boston, MA 02/20/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) has announced that during the period of 2013, it donated a total of roughly $275 million to more than 18,000 nonprofits. The year 2013 marked the fifth time when the company made annual donations exceeding $200 million in total. Corporate giveaway is something that WFC often […]

In The Spotlight: Wells Fargo & Co (NYSE:WFC), Newmont Mining Corp (NYSE:NEM), Intel Corporation (NASDAQ:INTC)

Boston, MA 02/19/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC): If recent investment developments around billionaire investor Warren Buffett are anything to go by, then Wells Fargo is one of the sure things that the billionaire bets on. It is reported that Mr. Buffett acquired more share of WFC totaling about 325,000.This was disclosed in […]

Hot Stocks: Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) LiveDeal Inc (NASDAQ:LIVE) & Wells Fargo & Co (NYSE:WFC)

Boston, MA 02/17/2014 (wallstreetpr) – LiveDeal Inc (NASDAQ:LIVE) has now delivered on its promises. The ‘deal’ platform which moves a step-ahead of Goldman Sachs Group, Inc. (NYSE:GS), with the ‘instant deal’ feature is now available on the opposite coasts of the country. Features which allow participants merchants to move to live or ‘real-time’ discounts, much like […]

Investor Takeaway: Tesla Motors Inc (NASDAQ:TSLA), Wells Fargo & Co (NYSE:WFC), Alcatel Lucent SA (ADR) (NYSE:ALU)

Boston, MA 02/11/2014 (wallstreetpr) – Tesla Motors Inc (NASDAQ:TSLA)’s direct sales model is causing hiccups in Ohio, and the most irked are auto dealers. The businessmen and women are contesting the privilege that TSLA enjoys which in its wake, is causing them to loss business. Car buyers in Ohio and many other states where TSLA […]

Market in Brief: Apple Inc. (NASDAQ:AAPL), Wells Fargo & Co (NYSE:WFC), Groupon Inc (NASDAQ:GRPN)

Boston, MA 02/10/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL) pounced on a drop in its stock price and announced to buy 14 million of its own shares in two weeks. The company appears to have followed the investor’s credit of buy low, sell high. This move will obviously excite big investors, chief among them Carl Icahn […]

Ocwen Financial Corp (NYSE:OCN) Surrenders To Regulatory Concerns, Puts MSR On Hold

Boston, MA 02/07/2014 (wallstreetpr) – Ocwen Financial Corp (NYSE:OCN) cannot continue with the planned deal with the mortgage major Wells Fargo & Co (NYSE:WFC). The company has announced that it is putting an indefinite hold on its planned acquisition of some 184,000 mortgage servicing rights, otherwise known as MSR, from Wells Fargo. This move reveals […]

Keep An Eye Here: eBay Inc (NASDAQ:EBAY), Rite Aid Corporation (NYSE:RAD), Wells Fargo & Co (NYSE:WFC)

Boston, MA 02/07/2014 (wallstreetpr) – eBay Inc (NASDAQ:EBAY) founder Pierre Omidyar is teaming up with several journalists and editor to launch a Snowden-themed Internet magazine. The magazine is expected to debut in the coming week. The launch of edition of the magazine will focus on classified government documents obtained by former NSA contractor Edward Snowden. […]

Keep An Eye Here: EMC Corporation (NYSE:EMC), Wells Fargo & Co (NYSE:WFC), Cemex SAB de CV (ADR) (NYSE:CX)

 Boston, MA 02/06/2014 (wallstreetpr) – EMC Corporation (NYSE:EMC): The data theft concerns recently raised by U.S. retailers over the holiday season might come as a revenue windfall for data storage and security companies like EMC. In December last year, Target Corporation (NYSE:TGT) revealed that hackers compromised its system and stole financial data from about 40 […]

Trending Stocks: Delta Air Lines, Inc. (NYSE:DAL), Wells Fargo & Co (NYSE:WFC), Twenty-First Century Fox Inc (NASDAQ:FOXA)

Boston, MA 02/05/2014 (wallstreetpr) – Delta Air Lines, Inc. (NYSE:DAL) has had its price objective boosted by analysts at Barclays who have now planted price target of $34 on the stock, up from $38 in the previous view. Barclay’s new price target indicates a potential upside of about 29 percent from the previous close. The […]

Wells Fargo & Co. (NYSE:WFC) Key Official Resigns; Firm Sees Heavy Insider Trading By CFO

Boston, MA 02/04/2014 (wallstreetpr) – Howard V. Richardson, Chairman of the board’s audit and examination committee of American multinational banking and financial services giant Wells Fargo & Co. (NYSE:WFC) resigned from the conglomerate recently, presumed to be due to health concerns. While Wells Fargo’s (WFC) board did not reveal details of his health concerns, merely […]

Boyd Gaming Corporation (NYSE:BYD), Groupon Inc (NASDAQ:GRPN) And Tyson Foods Inc. (NYSE:TSN) Make Optimistic Noise

Boston, MA 02/03/2014 (wallstreetpr) – Boyd Gaming Corporation (NYSE:BYD), the US based casino and resorts company offering differentiated gaming entertainment properties located across the country Nevada, Illinois, Louisiana as well as Indiana. As with other companies, seeing an upward struggle in this sector, Boyd Gaming Corporation too indicated that all was not well with operations. […]

Walls Street Breakfast: Freescale Semiconductor Ltd (NYSE:FSL), Wells Fargo & Co (NYSE:WFC), Morgan Stanley (NYSE:MS)

Boston, MA 01/30/2014 (wallstreetpr) – Freescale Semiconductor Ltd (NYSE:FSL) excited investors with its beating Q4 and Q1 guidance. The company reported generating sales of $1.08 billion or $0.45 per share. That compares with 41.05 billion and $0.18 per share that Wall Street expected to see. Further, Freescale Semiconductor Ltd (NYSE:FSL) projects that sales in the […]

News around Day Movers: Morgan Stanley (NYSE:MS), Alcoa Inc (NYSE:AA), Wells Fargo & Co (NYSE:WFC)

Boston, MA 01/29/2014 (wallstreetpr) – Morgan Stanley (NYSE:MS) was among the financial services industry players who announced leadership changes Tuesday. The company has appointed Erskine Bowles as its independent lead director of its board in-line with the board’s policy to rotate lead directors. Mr. Bowles replaces Robert Kidder from the position of independent lead director. […]

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