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Wells Fargo & Co

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  • Cramer: Big market positives that can't be ignored Tuesday, 14 Apr 2015 | 6:12 PM ET
    A shopper touches the screen of an Apple Watch in New York.

    Jim Cramer gives a fresh dose of reality when he focuses investors on all of the positive inputs in the market right now.

  • Final Glance: Banks companies Tuesday, 14 Apr 2015 | 5:58 PM ET

    Bank of America Corp. rose$. 02 or. 1 percent, to $15.82. Citigroup Inc. rose$. 07 or. 1 percent, to $52.73. Goldman Sachs rose $2.14 or 1.1 percent, to $197.72.

  • NEW YORK— U.S. stocks are closing mostly higher, led by gains in energy companies as the price of oil recovers. JPMorgan Chase rose after reporting higher first-quarter earnings, but Wells Fargo fell after its earnings declined. U.S. benchmark crude rose $1.38 to $53.29 a barrel in New York.

  • NEW YORK, April 14- Wells Fargo Corp showed again in the first quarter why it and other big banks want their financial advisers to sell fee-based products. Profit in the "Wealth, Brokerage and Retirement" sector of the San Francisco- based bank rose 18 percent from the previous year's first quarter to a record $561 million, more than double the sector's 8 percent...

  • For about five years now, the Labor Department has been working to craft a workable rule to hold brokers who offer retirement account advice to a higher "fiduciary" standard. If ultimately adopted, the rule would have an impact on brokerages large and small, from independent shops to firms such as Fidelity, Wells Fargo, Charles Schwab and Raymond James.

  • Wells Fargo & Co. signage is displayed at a bank branch in New York.

    Insight on Wells Fargo quarterly numbers and fundamentals of the business, with CFO John Shrewsberry.

  • Most active New York Stock Exchange-traded stocks Tuesday, 14 Apr 2015 | 1:35 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. rose. 6 percent to $13.37 with 21,751,200 shares traded. Avon Products Inc. rose 14.2 percent to $9.15 with 33,111,100 shares traded.

  • Midday Glance: Banks companies Tuesday, 14 Apr 2015 | 1:34 PM ET

    Bank of America Corp. fell$. 04 or. 3 percent, to $15.76. Citigroup Inc. rose$. 13 or. 2 percent, to $52.79. Goldman Sachs rose $1.92 or 1.0 percent, to $197.50.

  • WASHINGTON, April 14- U.S. retail sales rose in March for the first time since November as consumers stepped up purchases of automobiles and other goods, suggesting a sharp slowdown in economic growth in the first quarter was temporary. The Commerce Department's fairly sturdy report on Tuesday together with other data showing that producer inflation crept up...

  • NEW YORK, April 14- Wells Fargo& Co takes seriously allegations that some of its bankers push products customers don't need due to pressure to meet aggressive sales quotas, Chief Financial Officer John Shrewsberry said on Tuesday. Wells Fargo is known in the banking industry for being particularly good at selling its customers multiple products, a strategy...

  • WASHINGTON, April 14- The U.S. Labor Department is expected to unveil as soon as Tuesday its long-awaited plan to curb potential conflicts of interest by brokers offering retirement investment advice. The Labor Department announced it plans to publicly release details of a "consumer protection" rule at 3 p.m.. If ultimately adopted, it would have an impact on...

  • NEW YORK, April 14- Crude prices rose on Tuesday after a surprise drop in expectations for U.S. shale oil production while the dollar fell and stocks edged lower with investors focused on U.S. corporate earnings and retail sales data. U.S. stocks were little changed as gains in banks JPMorgan and Wells Fargo were offset by a full-year earnings forecast downgrade...

  • *JPMorgan rises after results, Wells Fargo lower. *Norfolk Southern gives weak outlook, shares fall. Norfolk Southern Corp was the biggest decliner on the S&P 500, dropping 5.6 percent to $98.95 a day after it forecast a surprise drop in its first-quarter earnings and revenue.

  • Europe shares end mostly lower; Alcatel surges 15% Tuesday, 14 Apr 2015 | 11:32 AM ET

    European shares finished mostly lower on Tuesday, amid caution over a ECB meeting this week and the possibility of a blockbuster M&A deal.

  • Big banks getting boost on trades, fixed income Tuesday, 14 Apr 2015 | 11:03 AM ET
    A pedestrian walks past the JPMorgan Chase headquarters building in New York.

    Banks with major trading desks appear poised for positive Q1 results as JPMorgan beats Wall Street's expectations.

  • Early Glance: Banks companies Tuesday, 14 Apr 2015 | 10:42 AM ET

    Bank of America Corp. rose$. 03 or. 2 percent, to $15.83. Citigroup Inc. fell$. 09 or. 2 percent, to $52.57. Goldman Sachs rose$. 72 or. 4 percent, to $196.30.

  • April 14- Wells Fargo& Co, the largest U.S. mortgage lender, reported a drop in quarterly profit for the first time in five years as employee costs rose at a time margins are under pressure from low interest rates. Wells Fargo's shares fell 1.6 percent in early trading on Tuesday. Wells Fargo also set aside $608 million to cover bad loans, an increase of about 87 percent...

  • NEW YORK— Rising oil prices helped push the stock market mostly higher on Tuesday, but the gains were tiny as investors weighed a mix of encouraging and disappointing earnings reports. A jump in JPMorgan Chase after the bank reported strong first-quarter earnings also helped push the blue-chip index higher. Wells Fargo slumped after reporting that its...

  • US STOCKS-Wall St edges up after JPMorgan, J&J results Tuesday, 14 Apr 2015 | 9:47 AM ET

    *JPMorgan rises after results, Wells Fargo lower. JPMorgan Chase& Co posted stronger-than-expected earnings growth, helped by a rebound in fixed-income trading. The stock- which, along with JPMorgan, is a Dow component- rose 0.6 percent to $101.16.

  • A JPMorgan Chase flag at the company's headquarters in New York.

    U.S. stock index futures indicated a flat to slightly lower open on Tuesday, as traders eyed major bank earnings and retail sale data.