Goldman Sachs raised the firm’s price target on Wells Fargo (WFC) to $83 from $77 and keeps a Buy rating on the shares. The firm cites the ...

Wells Fargo's CEO Charlie Scharf said an 11% increase in per-share earnings in the fourth quarter was driven by decisions made to exit or scale back certain businesses and reduce its reliance on net ...

Wells Fargo's wealth and investment management segment's revenue rose 8% in the fourth quarter to $3.958 billion. Net interest income at the segment was down 6%, as deposit costs rose due to ...

The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...

The U.S. stock market was broadly rallying on Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX was up 1.8% on Wednesday afternoon, while the Dow Jones ...

December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in ...

Fintel reports that on January 14, 2025, Wells Fargo downgraded their outlook for Voya Financial, Inc. - Preferred Stock ...

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December ...

Wells Fargo's profit climbed in the fourth quarter, buoyed by stronger investment banking earnings, it said on Wednesday.

Reports Q4 revenue $20.38B, consensus $20.58B. CEO Charlie Scharf commented, “Our solid performance this quarter caps a year of significant ...

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s ...

The iShares MSCI USA Momentum Factor ETF (MTUM) is up 30.76% from a year ago, with technology as its largest sector.