Wells Fargo earnings underwhelming, but not a value trap, says Nomura

SMCI did not offer Wall Street "a positive preannouncement, which is being considered a negative," Wells Fargo Securities said. .....»»

Good morning, Bay Area. Starting your Friday in banking, Wells Fargo & Co. missed estimates for net interest income in the first quarter, but bested analysts' expectation in both earnings per share and revenue. In food news, chef Dominique Crenn i.....»»

Wells Fargo & Company (.....»»

Wells Fargo analyst Aaron Rakers expects Apple Inc. (NASDAQ: AAPL) to announce a dividend increase of at least 10% as well as its expand its stock buyback program by $50 billion while reporting its second-quarter results on April 28, Barron’s read more.....»»

It’s the kind of talk one expects a CEO to share with his direct reports behind closed doors — not publicly on an earnings call......»»

Shares of Wells Fargo & Co. enjoyed a.....»»

Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo earnings are in focus......»»

Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo earnings are in focus......»»

Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines......»»

U.S. stocks are mostly higher Wednesday afternoon as financial powerhouses JPMorgan Chase, Wells Fargo and Goldman Sachs kick off the first-quarter earnings season by beating expectations......»»

U.S. stocks are slightly higher Wednesday morning as earnings of big banks kick off the first quarter reporting season, beginning with results from JPMorgan Chase, Wells Fargo and Goldman Sachs......»»

Wells Fargo & Co. posted stronger-than-expected profit and revenue for the first quarter, boosted by the release of $1.6 billion in its reserv.....»»

Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo will report results.....»»

Three of the five largest U.S. banks will report first-quarter 2021 earnings before markets open Wednesday morning. We'll also hear from specialty retailer Bed, Bath & Beyond......»»

Zacks.....»»

Weaker-than-expected quarterly reports from Citigroup and Wells Fargo led financials to drag on the S&P 500. REUTERS/Brendan McDermid US stocks sank on Frid.....»»

  Shares of Wells Fargo (NYSE:WFC) fell 2.6% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 31.18% year over year to $0.64, which beat the estimate of $0.60. read more.....»»

On Friday, January 15, Wells Fargo (NYSE:WFC) will release its latest earnings report. Check out Benzinga's preview to understand.....»»

  Looking into the current session, Wells Fargo Inc. (NYSE: WFC) shares are trading at $29.05, .....»»

Stocks were indicated to open up more than 1% on Tuesday after some recent profit-taking, now that oil prices have started to recover in recent days. Earnings season continues, and investors are at a........»»