GO
Loading...

Wells Fargo & Co

More

  • Final Glance: Banks companies Tuesday, 3 Mar 2015 | 6:05 PM ET

    Bank of America Corp. rose$. 03 or. 2 percent, to $16.04. Citigroup Inc. rose$. 24 or. 4 percent, to $53.73. Goldman Sachs fell$. 52 or. 3 percent, to $191.27.

  • HONG KONG, Mar 3- Gambling revenue in Macau, the world's biggest gaming hub, plunged by a record 49 percent in February, as wealthy players shied away from China's only legal casino hub following the economic slowdown and Beijing's crackdown on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas in February, from 38 billion...

  • Cramer Remix: I've got a problem with Buffett Monday, 2 Mar 2015 | 7:12 PM ET
    Jim Cramer on Mad Money.

    “Mad Money” host Jim Cramer is calling out the Oracle of Omaha.

  • Final Glance: Banks companies Monday, 2 Mar 2015 | 6:08 PM ET

    Bank of America Corp. rose$. 20 or 1.3 percent, to $16.01. Citigroup Inc. rose $1.07 or 2.0 percent, to $53.49. Goldman Sachs rose $2.00 or 1.1 percent, to $191.79.

  • NEW YORK, March 2- E* Trade Financial Corp, the discount broker and bank that almost collapsed during the financial crisis, said on Monday it will retire $800 million of debt due in 2019 and issue $460 million of new eight-year notes at a lower interest rate. The debt restructuring cuts the company's outstanding debt Executives had publicly forecast they would...

  • Dollar nudges 11-year high as euro gives up gains Monday, 2 Mar 2015 | 3:27 PM ET

    The dollar edged up with the greenback touching an 11-year peak despite soft economic data.

  • *ECB policymakers meet in Cyprus on Wednesday, Thursday. NEW YORK, March 2- The dollar edged up on Monday, with an index that tracks the greenback against major currencies touching an 11- year peak even after soft economic data. "The dollar's long-term trend is up but it now is in some consolidation," said Paul Christopher, international strategist at Wells Fargo in St...

  • Midday Glance: Banks companies Monday, 2 Mar 2015 | 1:17 PM ET

    Bank of America Corp. rose$. 12 or. 8 percent, to $15.93. Citigroup Inc. rose$. 85 or 1.6 percent, to $53.27. Goldman Sachs rose $1.03 or. 5 percent, to $190.82.

  • FOREX-Dollar touches 11-year peak as euro gains fade Monday, 2 Mar 2015 | 11:58 AM ET

    *ECB policymakers meet in Cyprus on Wednesday, Thursday. The yen was off 0.45 percent at 120.07 yen to the dollar in late-morning New York trade. "The dollar's long-term trend is up but it now is in some consolidation," said Paul Christopher, international strategist at Wells Fargo in St Louis.

  • Early Glance: Banks companies Monday, 2 Mar 2015 | 11:16 AM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $15.83. Citigroup Inc. rose$. 37 or. 7 percent, to $52.79. Goldman Sachs rose$. 53 or. 3 percent, to $190.32.

  • Wells Fargo puts a ceiling on subprime auto loans Monday, 2 Mar 2015 | 7:40 AM ET

    Wells Fargo, one of the largest subprime car lenders, is pulling back from that roaring market, the New York Times reports.

  • OMAHA, Neb.— Billionaire Warren Buffett didn't end the speculation about his eventual successor, but he reiterated Monday that Berkshire Hathaway's board has a plan in place. Berkshire's Vice Chairman Charlie Munger spurred renewed interest in the replacement for the 84- year-old Buffett over the weekend because he singled out two candidates in his own...

  • OMAHA, Neb.— The crowd at this year's Berkshire Hathaway annual meeting is likely to top 40,000 as the company marks 50 years of Warren Buffett's leadership. Berkshire investors routinely fill Omaha's downtown arena and overflow rooms at the conference center and a hotel across the street for the meeting. Not long before the arena doors open at 7 a.m. on May 2, a...

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • In the 84- year-old's annual shareholder letter released on Saturday, Buffett said Berkshire has grown so large- 751,000 times its original net worth per share- that the future pace of gains "will not come close" to those of the past. "I think Berkshire will outperform the average American company, but our advantage, if any, won't be great." Buffett, also addressing one...

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • HIGHLIGHTS-Warren Buffett's letter to investors Saturday, 28 Feb 2015 | 12:27 PM ET

    NEW YORK, Feb 28- Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. On lodging for the May 2 annual meeting in Omaha:. Airbnb's services may be especially helpful to shareholders who expect to spend only a single night in Omaha and are aware...

  • Berkshire Hathaway's 4Q profit declines 17 percent Saturday, 28 Feb 2015 | 9:23 AM ET

    OMAHA, Neb.— Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts. Berkshire's quarterly profit declined to $4.16 billion, or $2,529 per Class A share, on $48.3 billion in revenue. Those were $3.96 billion, or $2,412 per share, which is up from $3.78...

  • Feb 28- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved. Net income fell to $4.16 billion, or $2,529 per Class A share, from $4.99 billion, or $3,035 per share, a year earlier. Quarterly operating profit rose 5 percent to $3.96 billion, or $2,412 per...

  • Final Glance: Banks companies Friday, 27 Feb 2015 | 6:02 PM ET

    Bank of America Corp. fell$. 23 or 1.4 percent, to $15.81. Citigroup Inc. rose$. 01 or percent, to $52.42. Goldman Sachs fell $2.41 or 1.3 percent, to $189.79.