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Category Wells Fargo

Wells Fargo shares in red as Morgan Stanley downgrade citing limited upside

Wells Fargo shares in red as Morgan Stanley downgrade citing limited upside

Wells Fargo shares edged lower in premarket trading Monday after Morgan Stanley analyst Betsy Graseck downgraded the bank to equal weight from over...
U.S. banks slash prime rate to 7.25% following Fed meeting

U.S. banks slash prime rate to 7.25% following Fed meeting

Major U.S.banks cut the prime rate from 7.50% to 7.25% after the Fed's 25bps rate cut. The Fed moved due to rising jobless claims and weak hiring.
Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal

Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal

Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal.
Precious metals poised to outperform stocks, says Wells Fargo’s Samana

Precious metals poised to outperform stocks, says Wells Fargo’s Samana

Wells Fargo Investment Institute’s Sameer Samana, head of Global Equities and Real Assets, predicts a booming market for risk assets as the Fed res...
Trump’s $100 million bond investment draws watchdogs’ attention 

Trump’s $100 million bond investment draws watchdogs’ attention 

U.S. President Donald Trump has invested more than $100 million in government bonds since taking office, according to filings posted online on Augu...