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The Latest Breaking News from Wells Fargo

Are US Banks Redefining Overdraft Practices? Revenue Declines Hint At Shifting Trends

Major U.S. retail banks experienced a significant decline in overdraft revenue last year, signaling a shift towards more consumer-friendly practices.

International Business Times

Good thing, wings cost less and beer's flat: Super Bowl fans are expected to splurge

Super Bowl food: Chicken wings are a bargain this year, but beef prices are climbing. Here's a playbook for staying well fed without having a your wallet thrown for a loss.

WEKU

Netflix-WWE Deal Could Pump Up Streamer’s Advertising Business: Analyst

Wrestling could generate $260 million in revenue, Wells Fargo's Steven Cahall estimates

Broadcasting & Cable

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Best Bank Accounts for Non-US Citizens

This guide will help you make choose the best bank account for you if you're a non-citizen

Latin Times

GE Earnings Top Views, Stock Stumbles On Pre-Split Guidance

General Electric topped Q4 views Tuesday, but gave weak Q1 guidance ahead of its transition to a pure-play aerospace company. GE stock tumbled.

Investors Business Daily

Boeing Stock Rebounds As Budding Indian Airline Orders 150 737 Max Jets

Boeing stock rose early Thursday after the Dow Jones airplane maker secured an order for 150 737 Max jets from Akasa Air.

Investors Business Daily

Major U.S. banks issue bonds following earnings reports

Discover how three major U.S. banks, part of the Big Six, ventured into the bond market following their earnings reports, indicating their financial stabil...

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Boeing Stock Downgraded As China Ramps 737 Max Inspections

Boeing stock slumped Tuesday after receiving a downgrade on the FAA audit and China increased 737 Max inspections.

Investors Business Daily

‘The Model Is Broken At The Purse Sizes We’ve Been Going The Last Year’ - Major Winner Hoping More Sponsors Don’t Quit PGA Tour

In an exclusive interview with Golfweek, Webb Simpson claims increased purse sizes are leading to sponsors pulling out

Golf Monthly

PGA Tour board member Webb Simpson on greed in golf, why legacy still matters and why he’s concerned more sponsors may bail

Webb Simpson, as always, offered his perspective on the world of golf.

USA Today Sports Media Group

US Banking Giants Cut Over 17,000 Jobs in Turbulent Year

In a turbulent year, US banking giants have made the difficult decision to lay off over 17,000 employees, reflecting the challenging times in the industry.

Top News

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

International Business Times

Dow Jones Falls On Cool Inflation Data; Tesla Stock Slides Despite Cathie Wood Buys

The Dow Jones fell Friday after key inflation data. Tesla stock dived on China price cuts despite Cathie Wood's new purchases.

Investors Business Daily

Wells Fargo's Q4 Profit Surges on Strong Cost Reductions

Discover how Wells Fargo's fourth-quarter profit has soared due to successful cost-cutting measures, boosting their bottom line and financial performance.

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Investors Business Daily

Dow Jones Futures Fall Amid Big Earnings, Surging Oil Prices; Tesla Cuts Prices

Dow Jones futures fell Friday amid big earnings from JPMorgan and more, while oil prices spiked on Mideast fears. Tesla cut China prices.

Golf Monthly

Report: PGA Tour Set To Lose Third Long-time Tournament Sponsor

The PGA Tour has already seen Wells Fargo and Honda bring their partnerships to an end - and another longtime sponsor could soon be following

Barchart

Short Straddle Screener Results For January 11th

A short straddle is an advanced options strategy used when a trader is seeking to profit from an underlying stock trading in a narrow range.

StockNews.com

Wells Fargo & Company (WFC) Earnings Gameplan

Wells Fargo & Company (WFC) will release its fourth-quarter earnings on January 12. The bank is expected to report growth in revenue over the prior-year quarter, but its EPS is expected to decline. With the Fed expected to cut rates this year, will it be wise to invest in WFC…

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Wells Fargo Investment Institute Expects Rate Cuts, Raises S&P 500 Target

Get ready for a rollercoaster ride in the stock market! Wells Fargo Investment Institute predicts rate cuts and skyrockets S&P 500 target for 2024.

Investors Business Daily

This Big Bank Rallies As Q4 Reporting Gets Underway; Citi To Ax 20,000 Jobs

Four banks broke out ahead of Q4 results. BAC and top bank ETF are near buy points. JPM stock was upgraded to buy but Wells Fargo is seen leading earnings.

Investors Business Daily

Bank Stocks Kick Off Earnings This Week. How Options Help Guide Expectations.

Here's how to calculate expected moves for stocks ahead of their earnings reports and ways to trade them.

Barchart

Amazon Stock Prediction: Why Do Analysts Want You to Buy AMZN in 2024?

With gains of 81%, Amazon was the second-best-performing FAANG stock last year. Wall Street analysts are still quite bullish on the stock, and many brokerages see it as a top idea for 2024.

Barchart

Stocks Set to Open Mixed as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.06% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

Option Volatility And Earnings Report For January 8 - 12

Earnings season is back, with a couple of big names due to report this week including some of the major banks. This week we have Unitedhealth Group (UNH), JP Morgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Delta (DAL) and Bank of American (BAC) all set to report.

Barchart

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.16%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.17% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

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