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Wells Fargo stock slides after tepid growth, legal costs weigh on earnings

Shares of Wells Fargo & Co. {s: wfc] slid 1.8% in early-morning trading Friday as the bank reported lower-than-expected revenue, and earnings muddied by a one-time charge. Wells said it had revenue of $21.9 billion in the.....»»

Category: topSource: marketwatchOct 13th, 2017

Wells Fargo (WFC) Q3 Earnings in Line, Legal Costs Flare Up

Marred by legal costs, Wells Fargo & Company (WFC) recorded third-quarter 2017 earnings of 84 cents per share, including mortgage related discrete litigation accrual. This compared unfavorably with the prior-year quarter figure of $1......»»

Category: dealsSource: nytOct 13th, 2017

Wells Fargo stock slumps as sales slip and legal costs mount

Wells Fargo reported third quarter revenue that missed expectations Friday, sending shares lower in premarket trading......»»

Category: topSource: moneycentralOct 13th, 2017

Wells Fargo stock slumps as sales slip and legal costs mount

Wells Fargo reported third quarter revenue that missed expectations Friday, sending shares lower in premarket trading......»»

Category: topSource: moneycentralOct 13th, 2017

Wells Fargo earnings: Profit falls on legal costs from bank accounts scandal

The San Francisco-based bank reported a $1B accrual for .....»»

Category: topSource: usatodayOct 13th, 2017

Wells Fargo hit by legal costs, revenue misses Street view

(Reuters) - Wells Fargo & Co earnings scraped past Wall Street estimates but revenue missed for the fourth straight quarter, sending shares of the third-largest U.S. bank by assets down 3 percent in pre-market trading......»»

Category: topSource: reutersOct 13th, 2017

Breakingviews TV: Banks fail to excite

June 14 - Investors shrugged at earnings beats by JPMorgan, Citi and Wells Fargo. Antony Currie and Tom Buerkle discuss how tepid growth in the absence of U.S. tax reform is tempering enthusiasm......»»

Category: videoSource: reutersJul 14th, 2017

Wells Fargo"s profit flat as costs, mortgages weigh

(Reuters) - Wells Fargo & Co posted flat quarterly earnings on Thursday and warned its costs would remain elevated as the fallout from a sales practices scandal continues to impact the third-largest U.S. bank......»»

Category: topSource: reutersApr 13th, 2017

Wells Fargo"s profit flat, costs and mortgages weigh

(Reuters) - Wells Fargo & Co posted flat quarterly earnings on Thursday and warned its costs would remain elevated as the fallout from a sales practices scandal continues to impact the third-largest U.S. bank......»»

Category: topSource: reutersApr 13th, 2017

Wells Fargo (WFC) Tops Q3 Earnings, Costs & Provisions Up

Buoyed by a strong top-line growth, Wells Fargo's (WFC) third-quarter 2016 recorded a positive earnings surprise of about 1%. Buoyed by a strong top-line growth, Wells Fargo & Company’s WFC third-quarter 2016 recorded a positive earnings .....»»

Category: topSource: zacksOct 14th, 2016

Wells Fargo & Co (WFC) Stock Looks to Bounce Back on Earnings

InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Beaten down WFC stock has a chance to bounce back this week, if earnings and guidance can overshadow Wells Fargo's recent legal troubles. The post Wells Fargo & Co (WFC) Stock Loo.....»»

Category: topSource: investorplaceOct 10th, 2016

Wells Fargo On Nutanix"s Earnings: Bullish Thesis Playing Out

Nutanix Inc (NASDAQ: NTNX)'s earnings report last week sent shares spiking higher by more than 8 percent before cooling down. The Nutanix bull vs. bear debate continues at a time when the stock is up 30 percent for the year. Latest Ratings for NT.....»»

Category: blogSource: benzingaDec 4th, 2017

Wells Fargo Faces Legal Issues, High Costs: Time to Sell?

Zacks.....»»

Category: topSource: redinewsNov 21st, 2017

Wells Fargo Faces Legal Issues, High Costs: Time to Sell?

Wells Fargo (WFC) is under pressure on legal issues and elevated costs, despite efficiency initiatives. We issued an updated research report on Wells Fargo & Company WFC on Nov 20. The San Francisco-based company has tradition.....»»

Category: topSource: zacksNov 21st, 2017

Will Elevated Costs Hamper Red Robin"s (RRGB) Q3 Earnings?

While several growth initiatives bode well for the top line, rising expenses could weigh down margin.....»»

Category: dealsSource: nytNov 3rd, 2017

Wells Fargo & Co (WFC) a Sell on Falling Sales Growth

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wells Fargo & Co (NYSE:WFC) is classified as a constituent of the 345 company Banks GICS industry group, which is a segment of the 769 company GICS Financials se.....»»

Category: topSource: investorplaceNov 1st, 2017

What"s in the Cards for UPS Stock This Earnings Season?

High costs are likely to hurt UPS' bottom line in the third quarter. The company, however, expects to benefit from growth in e-commerce......»»

Category: personnelSource: nytOct 24th, 2017

Wells Fargo earnings: fake accounts scandal, legal cost disclosure take financial toll

The San Francisco-based bank reported a $1 billion accrual for previou.....»»

Category: topSource: usatodayOct 13th, 2017

Wells Fargo profit falls 18% in third quarter due to legal costs

Wells Fargo's third-quarter profit dropped 18%, c.....»»

Category: topSource: latimesOct 13th, 2017

Breakingviews TV: Wells off

U.S. mega-bank Wells Fargo surprised investors with a $1 bln legal settlement that ate into earnings. Antony Currie and Jeffrey Goldfarb discuss what it means for embattled CEO Tim Sloan......»»

Category: videoSource: reutersOct 13th, 2017

Wells Fargo beats on earnings, sets aside $1 billion for legal woes

Brendan McDermid/ReutersWells Fargo reported third quarter earnings Friday, showing mixed results for the scandal-ridden bank. The bank delivered adjusted earnings of $1.04 per share, slightly above t.....»»

Category: topSource: businessinsiderOct 13th, 2017