Text size Spencer Platt / Getty Images Wells Fargo shares sank after the bank reported worse-than-expected results this week, but they are rising on Wednesday after Evercore ISI upgraded the lender. Analyst John Pancari raised his rating on Wells Fargo (WFC) to outperform In Line, saying the bad news has …
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Text size Cindy Ord / Getty Images Citigroup reported better-than-expected results for the second quarter, but the news failed to raise the stock. Earnings for Citigroup (ticker: C) totaled $ 1.3 billion, or 50 cents a share, better than the 35 cents stock analysts expected, but 73% below earnings of …
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Text size And so it begins. The Nasdaq Composite has been going up for so long now, it’s hard to remember if it feels like it’s going down. Now we know. Yes, that’s an exaggeration, but not much. He had been active for seven of the past nine trading days …
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Text size Jeenah Moon / Getty Images 7:18 am Coronavirus cases continue to increase. The earnings season is preparing to begin. And the Dow Jones Industrial Average futures are rising. That is not as contradictory as it sounds. The stock market rebounded on Monday just where it left off on …
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Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
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