Morgan Stanley, Citigroup, Staples and bank stress tests in focus - Pre-market
A look at some of the highlights from US after hours trading
Company
Wells Fargo & Co
NYSE:WFC
Wells Fargo & Co is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through its four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
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Goldman Sachs, Morgan Stanley, Caterpillar, Costco Wholesale in headlines
Here's what's moving early on as Wall Street readies to open for business
Wells Fargo hit with new class action lawsuit on claims it made improper changes to mortgages
Wells Fargo has denied claims some of its employees put through unauthorised changes to home loans held by customers in bankruptcy
Wells Fargo & Company to swing the cost-cutting axe harder
The bank's costs were high by industry standards, and the fake accounts scandal has made things worse
Citigroup and JP Morgan impress, Wells Fargo doesn't
Bumper numbers had been predicted due to a bounce in trading following Donald Trump’s election
US banks set for strong first quarter as JP Morgan, Citigroup and Wells Fargo kick off earnings season
US banks look set to achieve a robust set of first quarter results as earnings season gets underway
Wells Fargo claws back millions more in executive pay over fake accounts scandal
Wells Fargo has taken back a total of US$180mln from top executives for failing to crack down on unethical behaviour
US stocks sprint to record high finish line
US stocks, beleaguered all session, managed to close Friday at a fresh record high, led by financials as well as takeover bidder Kraft Heinz
US shares close lower as Trump rally pauses for breath, and policies
US shares ended lower on Thursday as the four major stock benchmarks snapped their longest record-setting streak since 1995 amid another pause on the Trump rally since November
US shares mark fresh record highs as banks price in earlier rate hike
US stocks marked a fresh raft of record highs on Wednesday as the Fed brought forward the prospect of rate hikes in the world’s biggest economy and bank stocks hit record highs
FTSE 100 closes higher with banks betting on March US rate hike
FTSE 100 shares closed higher on Wednesday, led by banking shares which teamed up with their Wall Street brethren to cheer on what may be a US rate hike as soon as March
US stocks gain, financials lead on deregulation, Macy’s could have a Canadian owner
Financials led the gains on the benchmark S&P 500 on Friday after US President Donald Trump signed off on two executive actions to make good his promise to reform financial regulation
US stocks end higher, Nasdaq closes at record high, banks and Netflix lead
US stocks closed higher on Friday, with the Nasdaq basking in a fresh record high, but the Dow’s attempt at the 20,000 was a non-starter
Bank of America sees fourth-quarter profits nearly double on markets upswing since the US election
The US bank said its net income rose by 46,8% to $4.34 billion in the three months ended December 31, up from $2.95 billion a year earlier.
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Trending: Will the Trump rally hit a stump in 2017?
London stocks enjoyed a record high end to 2016 and Wall Street has had a rally for 6 weeks but are the signs out there that things will moderate in 2017?
US stocks rise even as drug companies face state challenge
US stocks gained on Thursday and even a score of states suing drug companies did not dent returns in the healthcare sector of the S&P 500
Wells Fargo eyeing huge potential litigation bill
It's been seven weeks since the group admitted creating up to 2mln fake accounts and firing 5,300 workers since 2011, which led to the retirement of chief executive John Stumpf.
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Ur-Energy, Klondex Mines are “buy” says Rodman
Ur-Energy, Klondex Mines are “buy” says Rodman
US stocks cling to gains after Yellen says its ok to delay rate hikes
US shares clung to the thinnest gains on Friday after Fed chair Janet Yellen hinted at a delay to raising interest rates
US stocks stage comeback but end softer after utilities rally
US stocks staged a comeback late on Thursday to pare losses and close soft after over-sold utilities led the charge on the benchmark S&P 500 index