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Top News & Analysis North Dakota

  • Neligh, NEBRASKA, April 19- When President Donald Trump handed TransCanada Pipeline Co. a permit for its Keystone XL pipeline last month, he said the company could now build the long-delayed and divisive project "with efficiency and with speed." But Trump and the firm will have to get through Nebraska farmer Art Tanderup first, along with about 90 other landowners...

  • NEW YORK, April 19- Philadelphia Energy Solutions Inc, the largest refiner on the U.S. East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June, a source familiar with delivery schedules said on Tuesday- a sign that the impending start of the Dakota Access Pipeline is upending trade flows. "Unless there's an unforeseen event, like a...

  • NEW YORK, April 18- Wells Fargo& Company is testing a "chatbot", an automated program that can communicate with the bank's customers on Facebook's messaging platform to give them information on their accounts and help them reset their passwords. Wells Fargo's chatbot will use artificial intelligence to respond to natural language messages from users, such as...

  • 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...

  • 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 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.

  • The third-largest U.S. bank by assets said net income applicable to common shareholders was $5.06 billion in the first quarter ended March 31, compared with $5.09 billion a year earlier. On a per share basis, profit rose to $1.00 from 99 cents a year earlier, beating the average analyst estimate of 97 cents. Wells Fargo has been dealing with multiple lawsuits and...