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Top News & Analysis North Dakota

  • April 17- Wells Fargo& Co Chief Executive Tim Sloan and Chairman Stephen Sanger together bought nearly 100,000 shares of the company's stock as the bank tries to bounce back from a sales scandal that tarnished its once-spotless image as an industry leader. Sloan, who became CEO after the scandal led to the resignation of his predecessor, John Stumpf, bought...

  • Stocks are closing broadly higher on Wall Street, giving the market its biggest gain in six weeks. Wells Fargo jumped 2.7 percent. Medical device maker Alere soared 16 percent after it agreed to new terms for a sale to Abbott Laboratories.

  • April 17- Wells Fargo& Co said on Monday the State of Nevada had extended its banking agreement with the scandal-hit lender until 2021.. Several states, including California, Illinois and Ohio, have severed ties with the bank following a sales scandal that cost former Chief Executive John Stumpf his job. Wells Fargo's agreement with Nevada also comes with a...

  • NEW BRUNSWICK, N.J.— A New Jersey woman has sued Wells Fargo Bank, saying she was fired for refusing to participate in a scheme to manipulate accounts and sell products that weren't in customers' best interest. Melinda Bini filed a lawsuit in state court in New Jersey on April 5 against the bank and three supervisors from the branch she worked at in Highland Park,...

  • U.S. residents paid Uncle Sam an average of $8,943 per person in federal income, payroll and estate taxes in 2016.. A look at how the District of Columbia and the states rank in per capita federal taxes:. 1. District of Columbia: $36.569.

  • "I'm trying to hire two experienced drone technicians at $20 an hour and I can't find anybody," said James Barnes, who founded the New Jersey Drone Academy. " Northland Community and Technical College in northwestern Minnesota has been teaching unmanned aircraft maintenance for larger military-type drones. "The reality is, the people coming out of the trade...

  • NEW YORK, April 13- Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thursday, though executives assured there is still healthy demand from borrowers and no reason to worry about the state of the economy. "I wouldn't overreact to the short term in our loan growth with so many things that affect it," said JPMorgan Chief...

  • April 13- Major U.S. stock indexes fell on Thursday for a third straight day as investors weighed earnings reports from big U.S. banks and geopolitical tensions, while the tech sector fell for a tenth consecutive session. Wells Fargo shares fell 3.3 percent, pulling down the S&P 500, after the bank reported a drop in mortgage banking revenue.

  • Investors have sought safe-haven assets throughout the week due to geopolitical tensions in Syria and North Korea. News of a massive bomb being dropped by the United States in eastern Afghanistan on Thursday added to uncertainty. Kate Warne, principal investment strategist at Edward Jones in St. Louis, said a dip in bond yields put pressure on stocks ahead of a...

  • NEW YORK, April 13- Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thursday, though executives assured there is still healthy demand from borrowers and no reason to worry about the state of the economy. "I wouldn't overreact to the short term in our loan growth with so many things that affect it," said JPMorgan Chief...

  • Wells Fargo's revenues fell about 1 percent to $22 billion and missed the average estimate of $22.32 billion. On a per share basis, profit rose to $1.00 from 99 cents a year earlier, beating the average analyst estimate of 97 cents. Chief Executive Tim Sloan told analysts he expected new account and credit card openings to recover in the third quarter after a...

  • NEW YORK, April 13- Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thursday, though executives assured there is still healthy demand from borrowers and no reason to worry about the state of the economy. "I wouldn't overreact to the short term in our loan growth with so many things that affect it," said JPMorgan Chief...

  • Wells Fargo's revenues fell about 1 percent to $22 billion and missed the average estimate of $22.32 billion. On a per share basis, profit rose to $1.00 from 99 cents a year earlier, beating the average analyst estimate of 97 cents. Chief Executive Tim Sloan told analysts he expected new account and credit card openings to recover in the third quarter after a...

  • *Trump says dollar is getting too strong. April 13- Wall Street edged lower on Thursday and looked set to book losses for the third straight day as investors weighed earnings from big U.S. banks and President Donald Trump's comments on the strength of the dollar. Wells Fargo's shares fell 2 percent, pulling down the S&P 500 and the financial sector, after the bank...

  • NEW YORK, April 13- Big U.S. banks revealed more evidence of a slowdown in loan growth in their earnings reports on Thursday, though executives assured there is still healthy demand from borrowers and no reason to worry about the state of the economy. "I wouldn't overreact to the short term in our loan growth with so many things that affect it," said JPMorgan Chief...

  • Wells Fargo's revenues fell about 1 percent to $22 billion and missed the average estimate of $22.32 billion. On a per share basis, profit rose to $1.00 from 99 cents a year earlier, beating the average analyst estimate of 97 cents. Chief Executive Tim Sloan told analysts he expected new account and credit card openings to recover in the third quarter after a...

  • NEW YORK, April 13- Big U.S. banks revealed more evidence of a slowdown in loan growth after releasing earnings reports on Thursday, though executives said there is still healthy demand from borrowers and no reason to worry about the state of the economy. "I wouldn't overreact to loan growth," said JPMorgan Chief Executive Jamie Dimon. Wells Fargo's annual loan...

  • WELLS FARGO CFO JOHN SHREWSBERRY SAYS EXPECT ELEVATED OUTSIDE PROFESSIONAL SERVICES EXPENSES FOR SEVERAL QUARTERS.

  • WELLS FARGO CEO SAYS IT WILL BE A CHALLENGE TO GET BACK TO PREFERRED 55-58 PCT EFFICIENCY RANGE IN 2017.

  • Wells Fargo is trying to put a scandal over the opening of unauthorized accounts behind it and earlier this week said it would claw back an additional $75 million of compensation from the two former executives it blamed most for the debacle. Wells Fargo's revenues fell about 1 percent to $22 billion and missed the average estimate of $22.32 billion.