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S&P 500 eases from record on tech retreat, Wells Fargo slide

The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks' quarterly earnings......»»

Category: topSource: reutersJan 14th, 2020

Market Snapshot: S&P 500 hits 3,300 as energy, real estate shares rally but tech stocks retreat after Nasdaq scores intraday record

The Dow and S&P 500 gain some altitude higher midday Tuesday as a rally in technology shares abate and investors pickup shares in underloved sectors energy, real estate and consumer staples......»»

Category: topSource: marketwatchAug 4th, 2020

Wells Fargo pulls back from making new student loans

As a spike in coronavirus cases threatens to damage the higher education economy, Wells Fargo & Co. has begun a retreat from making new student loans. On its website, the bank stated that beginning on July 1, only customers with an outstanding b.....»»

Category: topSource: bizjournalsJul 3rd, 2020

Wells Fargo pulls back from student loan lending

As a spike in coronavirus cases threatens to damage the higher education economy, Wells Fargo & Co. has begun a retreat from new student loan lending. On its website, the bank stated that beginning on July 1, only customers with an outstanding b.....»»

Category: topSource: bizjournalsJul 2nd, 2020

S&P 500, Dow retreat after rally; Nasdaq gains further

Wall Street's S&P 500 and Dow Jones indexes fell on Tuesday while the tech-heavy Nasdaq hit a record high for the third straight session as investors eyed this week's Federal Reserve meeting for signs on how it views a restarting economy......»»

Category: topSource: reutersJun 9th, 2020

SoftBank posts record $13 billion operating loss as tech bets slide

SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financial year as the value of its tech bets via the $100 billion Vision Fund crumbled......»»

Category: topSource: reutersMay 18th, 2020

AT&T"s "record-low" upgrade rate suggests Apple iPhone estimates may be too high, says analyst

AT&T Inc. sported a "record-low" postpaid smartphone upgrade rate of 3% in the first quarter, said Wells Fargo analyst Aaron Rakers, which implies to him that analysts may be overly optimistic with their estimates of Apple Inc.'s iPhone unit sales. He p.....»»

Category: topSource: marketwatchApr 22nd, 2020

The Fed temporarily eases restrictions on Wells Fargo to boost lending amid "extraordinary disruptions"

The Fed temporarily eases restrictions on Wells Fargo to boost lending amid "extraordinary disruptions".....»»

Category: topSource: businessinsiderApr 8th, 2020

Fed eases Wells Fargo’s asset cap to boost bank’s SBA relief lending

The Federal Reserve said Wednesday that it will “temporarily and narrowly modify” the asset cap on Wells Fargo so the bank can lend more under the SBA Paycheck Protection Program. “Due to the extraordinary disruptions from the coronavirus, th.....»»

Category: topSource: bizjournalsApr 8th, 2020

Fed eases Wells Fargo’s asset cap to boost bank’s SBA relief lending

The Federal Reserve said Wednesday that it will “temporarily and narrowly modify” the asset cap on Wells Fargo so the bank can lend more under the SBA Paycheck Protection Program. “Due to the extraordinary disruptions from the coronavirus, th.....»»

Category: topSource: bizjournalsApr 8th, 2020

Fed eases Wells Fargo growth restrictions to allow for more loans

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 8th, 2020

Fed Eases Wells Fargo "Growth Restrictions" So Bank Can Participate In Small Business Bailout

Fed Eases Wells Fargo "Growth Restrictions" So Bank Can Participate In Small Business Bailout Following Wells Fargo's complaint that it was unable to f.....»»

Category: blogSource: zerohedgeApr 8th, 2020

Wells Fargo"s latest shift could bring more tech workers to NC

Wells Fargo & Co.'s Charlotte operations will likely see an influx of technology workers in the coming months. The San Francisco-based bank is asking 650 tech employees across the United States to relocate to larger markets — one of those being Cha.....»»

Category: topSource: bizjournalsFeb 17th, 2020

Latest shift for Wells Fargo could bring more tech workers to NC

Wells Fargo & Co.'s Charlotte operations will likely see an influx of technology workers in the coming months. The San Francisco-based bank is asking 650 tech employees across the United States to relocate to larger markets — one of those being Cha.....»»

Category: topSource: bizjournalsFeb 17th, 2020

Latest shift for Wells Fargo could bring more tech workers to Charlotte

Wells Fargo & Co.'s Charlotte operations will likely see an influx of technology workers in the coming months. The San Francisco-based bank is asking 650 tech employees across the United States to relocate to larger markets — one of those being C.....»»

Category: topSource: bizjournalsFeb 14th, 2020

Wells Fargo shares slide 2.8% premarket after profit and revenue miss

Wells Fargo & Co. shares slid 2.8% in premarket trade Tuesday, after the San Francisco-based lender posted weaker-than-expected profit and revenue for the fourth quarter. The bank said it had net income of $2.87 billion, or 60 cents a share,.....»»

Category: topSource: marketwatchJan 14th, 2020

Wells Fargo shares slide 2.4% premarket

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 14th, 2020

Bank of America, Citigroup, Morgan Stanley, Wells Fargo and More Major Banks Reporting This Week

24/7 Wall St. has put together a preview of some of the major financial companies kicking off the new earnings reporting season. Markets have risen to record highs, and results from these major banks........»»

Category: blogSource: 247wallstJan 12th, 2020

Stocks close at record highs again as Iran tension eases

Stocks ended at record highs Thursday as the tension between Iran and the U.S. eased for the time being, with tech shares outperforming......»»

Category: topSource: moneycentralJan 9th, 2020

Stocks close at record highs again as Iran tension eases

Stocks ended at record highs Thursday as the tension between Iran and the U.S. eased for the time being, with tech shares outperforming......»»

Category: topSource: moneycentralJan 9th, 2020

Women Entrepreneurship: Find Funding to Start, Run and Grow Your Business

By Lucky Wadehra is Senior Vice President and Commercial Banking Leader at Wells Fargo in Washington DC It’s important to recognize the role of women-owned businesses in the nation’s economy. From tech to fashion to healthcare and manufacturing, ther.....»»

Category: topSource: bizjournalsOct 25th, 2019