Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
Bob Bakish, the head of a newly combined CBS and Viacom, said he was "disappointed" by both stocks' reaction to the recent deal.The Faber Reportread more
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The White House directed Lewandowski not to discuss any of his post-election interactions with Trump beyond those already detailed in former special counsel Robert Mueller's...Politicsread more
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The service will debut in April with pricing to be announced closer to the launch data, NBCUniversal says.Technologyread more
"Jeopardy!" host Alex Trebek says he's had a setback in his battle with pancreatic cancer and is undergoing chemotherapy again.Entertainmentread more
Wells Fargo's reputation as the good guy may be over.
Last week the Consumer Financial Protection Bureau slapped the bank with a $185 million fine -- the bureau's largest ever -- after it came to light that bank employees were opening new accounts without customers' permission.
Employees reportedly created these unwanted accounts to meet sales targets.
Following the malpractice, Wells Fargo announced yesterday that going forward it will eliminate product sales goals for retail bankers.
But the drama doesn't stop there.
CEO John Stumpf will appear before the Senate Banking Committee later this month. He is expected to answer questions about how the company's culture may have prompted employees to step over the law.
The bank's illicit behavior has not been lost on stock.
Following a more than 5% drop in share price, Wells Fargo is no longer the largest U.S. bank by market capitalization -- J.P. Morgan now gets that title.
But does the drama and subsequent sell-off create a buying opportunity for investors? Is this snafu a one-time only problem, or is it indicative of something bigger? The "Halftime Report" traders debated the pros and cons of the WFC trade.
Trader disclosure: On September 14, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:
Steve Weiss: Long: AAL, AKAM, BAC, HZNP, MU, OA, SRPT Long Puts: SRPT
Jim Lebenthal: Long: AAPL, BA, C, CSCO, DCO, DIS, EEQ, GM, INTC, JCP, KMI,MPC, ORBC, PFE, QCOM, QRVO, SPLS, TIF, TRN, TWX, WGO
Jon Najarian: Long Stock: BLUE, CSX, FNSR, GSAT, INO, LXRX, XON LongCalls: AAPL, BMY, FIT, FXI, GLD, KATE, MGM, MSFT, NFLX, NVAX, QRVO, SCHW, SWKS,TLRD, TWTR, WLL
Pete Najarian: Long Stock: AAPL, BAC, BMY, DIS, DISCA, GE, KMI, KMI.A, KO,LUX, PEP, PFE, VIAB Long Calls: AAL, AMD, ABT, AKS, BAC, CIT, CNX, COP, CRM,CSCO, CYH, DISH, DVN, EGO, ETP, FSLR, FXI, GLD, GS, HALO, JBLU, KGC, KMI, KO,LLY, LULU, M, MS, MT, NEM, SBUX, SLW, SLV, SWKS, SYMC, TGT, TWTR, TTS, UA, VRX,XLE Puts: CLV, MBLY, MRO, TSLA, EEM