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Wells Fargo & Co

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  • What's your bank bet for the long haul? Sunday, 13 Jul 2014 | 10:01 PM ET

    Investors are focused on financials this week as they report second-quarter earnings. Vote in our new poll and tell us which lender you're buying.

  • RPT-Wall St Week Ahead-Tech earnings get top billing Sunday, 13 Jul 2014 | 2:18 PM ET

    Big tech names set to report results this week include Intel Corp and Yahoo Inc on Tuesday; eBay Inc on Wednesday and Google Inc on Thursday. Goldman Sachs analysts wrote in a note that the information technology sector "appears to be the most undervalued sector," giving investors more reasons to be bullish on tech stocks.

  • Big tech names set to report next week include Intel Corp and Yahoo Inc on Tuesday; eBay Inc on Wednesday and Google Inc on Thursday. Goldman Sachs analysts wrote in a note that the information technology sector "appears to be the most undervalued sector," giving investors more reasons to be bullish on tech stocks.

  • NEW YORK, July 11- Wells Fargo& Co is angling to cash in on the U.S. energy boom, as the fourth-largest U.S. bank looks for new avenues of revenue growth to overcome a slump in mortgage lending, its traditional driver of profits.

  • It's a big week for banks. But, has Wells Fargo given a huge warning that things may not be so great with America's financial institutions?

  • CNBC.com Managing Editor Allen Wastler reports U.S. employers having trouble filling jobs; LeBron James' move back to Cleveland, and Marissa Mayer and Tim Armstrong having drinks are the hottest topics among CNBC.com readers.

  • Stocks close higher ahead of major earnings week Friday, 11 Jul 2014 | 4:22 PM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.

  • John Shrewsberry, Wells Fargo CFO, discusses the housing purchase market and how it impacts its mortgages business.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2.30 PM ET Friday, 11 Jul 2014 | 2:39 PM ET

    BRUSSELS/ MOSCOW- The European Union seeks to reassure Russia that a free-trade pact with Ukraine is not aimed at hurting Moscow, but rejects calls to postpone implementation, offering more talks instead.

  • *Wells Fargo falls, more banks' earnings due next week. Shares of Wells Fargo& Co., down 0.5 percent at $51.54, were in the spotlight as the biggest U.S. mortgage lender was the first major U.S. bank to report earnings. Wells Fargo's results will be followed next week by earnings from Citigroup, Goldman Sachs, JPMorgan Chase and Bank of America.

  • Midday Glance: Banks companies Friday, 11 Jul 2014 | 1:37 PM ET

    Bank of America Corp. fell$. 04 or. 2 percent, to $15.41. Morgan Stanley fell$. 07 or. 2 percent, to $31.61. US Bank fell$. 07 or. 2 percent, to $43.03.

  • Most active New York Stock Exchange-traded stocks Friday, 11 Jul 2014 | 1:37 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 1.6 percent to $4.36 with 13,140,600 shares traded. Bank of America Corp. fell. 2 percent to $15.41 with 32,022,500 shares traded.

  • July 11- Wells Fargo& Co, the fourth-largest U.S. bank, reported a 39 percent drop in mortgage revenue for the second quarter as lending volume dropped, underscoring the urgency for the bank to find other sources of income growth. Meanwhile, the pressure on Wells Fargo's mortgage business, one of its largest sources of revenue for years, is continuing and intense.

  • Treasury prices rally on Fed hopes, Portugal woes Friday, 11 Jul 2014 | 1:10 PM ET
    Traders work in the S&P 500 options pit at the Chicago Board Options Exchange

    U.S. Treasury prices continued to rally on future Fed action and safe-haven demand stemming from worries about Portugal's biggest listed bank.

  • Midday movers: Amazon.com, Ford Motor, URS & More Friday, 11 Jul 2014 | 1:04 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Friday's midday movers:

  • Europe markets close flat; Portugal shares rise Friday, 11 Jul 2014 | 11:36 AM ET

    European shares ended the day flat, as traders shrugged off some concerns about the condition of Portugal's banking sector.

  • NEW YORK, July 11- Major global equities markets steadied and the yen stabilized against the U.S. dollar on Friday as worries about Portugal's biggest bank eased.

  • *Wells Fargo falls, but revenue tops forecasts. Wells Fargo& Co reported revenue that beat expectations, though for the first time since 2009, the bank did not increase its earnings-per-share from the preceding quarter. Fastenal Co slumped 4.6 percent to $45.92 after revenue missed expectations.

  • Early Glance: Banks companies Friday, 11 Jul 2014 | 10:30 AM ET

    Bank of America Corp. fell$. 14 or. 9 percent, to $15.30. Citigroup Inc. fell$. 26 or. 6 percent, to $46.64. Goldman Sachs fell$. 57 or. 3 percent, to $162.85.

  • As Wells Fargo goes, so goes the nation? Friday, 11 Jul 2014 | 10:12 AM ET

    The old adage, "As goes GM, so goes the nation," can apply to Wells Fargo, which released earnings Friday, Raymond James analyst Anthony Polini tells CNBC.