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Wells Fargo & Co

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  • WFC CEO: Expects Q2 upside surprise     Thursday, 17 Jul 2014 | 7:09 AM ET
    John Stumpf, CEO of Wells Fargo

    I think things are better, says John Stumpf, Wells Fargo CEO, sharing his thoughts on the economy.

  • WFC CEO: Bullish on housing     Thursday, 17 Jul 2014 | 7:07 AM ET

    John Stumpf, Wells Fargo CEO, runs through the company's Q2 results, and shares his thoughts on loan demand and the outlook on housing.

  • WASHINGTON, July 17- U.S. housing finance companies Fannie Mae and Freddie Mac are making riskier deals as they increasingly purchase mortgages from smaller lenders, a federal watchdog said on Thursday.

  • Midday Glance: Banks companies Wednesday, 16 Jul 2014 | 2:54 PM ET

    Bank of America Corp. fell$. 31 or 1.9 percent, to $15.51. Citigroup Inc. rose$. 43 or. 9 percent, to $49.72. Goldman Sachs rose $1.70 or 1.0 percent, to $170.87.

  • Visa launches new service to pay online Wednesday, 16 Jul 2014 | 2:52 PM ET

    The company and its retailing partners, including Neiman Marcus, Pizza Hut, Staples and others, hope a quicker payout will lead to fewer abandoned shopping carts online. The service is currently being offered in the U.S., Canada and Australia,.

  • **September 2012: Agrees to pay $2.43 billion to settle claims it hid crucial information from shareholders when it bought investment bank Merrill Lynch& Co at the height of the financial crisis.

  • Intel shares hit decade high on strong revenue forecast Wednesday, 16 Jul 2014 | 11:16 AM ET

    July 16- Intel Corp's shares rose as much as 7 percent to a decade-high, after the world's largest chipmaker forecast quarterly revenue above analysts' estimates on demand from companies looking to replace old PCs. The broker actions came after Intel forecast on Tuesday third-quarter revenue above the average analyst estimate.

  • Early Glance: Banks companies Wednesday, 16 Jul 2014 | 11:11 AM ET

    Bank of America Corp. fell$. 34 or 2.2 percent, to $15.47. Citigroup Inc. rose$. 14 or. 3 percent, to $49.43. Goldman Sachs rose $1.59 or. 9 percent, to $170.76.

  • Bank of America offering $13B to resolve probe Wednesday, 16 Jul 2014 | 10:35 AM ET

    Bank of America has offered $13 billion to settle a probe into mortgage securities sold by the bank, the Wall Street Journal reported.

  • Bank earnings show happy days are here again Wednesday, 16 Jul 2014 | 9:54 AM ET

    Bank results are on a roll, and it's picking up speed. Yet these stocks are starting to look pricey.

  • Bank of America quarterly profit drops 43 percent Wednesday, 16 Jul 2014 | 9:30 AM ET

    Mortgage revenue fell and litigation costs increased for Bank of America in the second quarter.

  • US stocks close higher; Time Warner soars Wednesday, 16 Jul 2014 | 9:23 AM ET

    Investors drove up shares in Time Warner 17 percent on news that Twenty-First Century Fox made a takeover bid for the media giant. Momentum from Intel's strong second-quarter earnings late Tuesday and news that Apple and IBM are teaming up to sell more iPhones and iPads to corporate customers helped lift major stock indexes in premarket trading.

  • NEW YORK, July 15- JPMorgan Chase& Co, the second-largest U.S. mortgage lender, is backing away from making home loans to less creditworthy borrowers after losing faith in its ability to recover much money from foreclosing on homes, even with government guarantees.

  • NEW YORK/ LONDON, July 15- When Imperial Tobacco Group Plc agreed Tuesday to buy a group of brands from Reynolds American Inc and Lorillard Inc as part of their merger, the British company insisted the assets include Lorillard's blu e-cigarette unit.

  • July 15- Hewlett-Packard Co interim Chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.

  • NEW YORK, July 15- JPMorgan Chase& Co, the second-largest U.S. mortgage lender, is backing away from making home loans to less creditworthy borrowers after losing faith in its ability to recover much money from foreclosing on homes, even with government guarantees.

  • July 15- Hewlett-Packard Co interim chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.

  • JPMorgan sees profit drop, still beats Wall Street Tuesday, 15 Jul 2014 | 10:32 AM ET
    The headquarters of JP Morgan Chase on Park Avenue December 12, 2013 in New York.

    JPMorgan reported an 8 percent drop in profit amid pullback in trading of bonds and currencies, but topped Wall Street estimates.

  • More mixed data does little to clear murky economy Tuesday, 15 Jul 2014 | 10:00 AM ET
    Trader on the floor of the New York Stock Exchange.

    Markets were treated to a plateful of U.S. economic data on Tuesday. As usual, the offerings were mixed as some were benign and others sour.

  • *2nd qtr net income $1.46/ shr vs estimate $1.29. July 15- JPMorgan Chase& Co, the biggest U.S. bank by assets, reported an 8 percent decline in second-quarter profit as a pullback in trading of bonds and currencies by big institutions hit revenue in its securities trading business.