Wells Fargo is a leading financial services company that provides a wide range of banking, investment, and mortgage products and services to individuals, businesses, and institutions. With a national presence, Wells Fargo operates through a network of branches and ATMs, offering services such as personal and commercial banking, wealth management, and asset management. The company is committed to supporting its customers' financial needs while also focusing on community engagement and sustainable practices. In addition to traditional banking services, Wells Fargo is involved in various financial markets and investment banking activities, helping clients navigate complex financial landscapes. Read More
Shares of internet service provider Cogent Communications (NASDAQ:CCOI) jumped 8.1% in the afternoon session after it received a double upgrade from Wells Fargo, which cited a favorable risk/reward outlook.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 10.4% in the afternoon session after RBC Capital upgraded the stock to 'Outperform' from 'Sector Perform,' citing greater certainty around federal solar tax credits.
Aqua Finance, Inc. (“Aqua”), a leading provider of consumer financing solutions, and Wells Fargo Commercial Distribution Finance, LLC (Inventory Finance) today announced a new retail financing program, provided by Aqua, for a variety of recreational products including boats, RVs, and powersports, in collaboration with top original equipment manufacturers (“OEMs”) including Brunswick, E-Z-GO, KTM North America, Inc., and Winnebago Industries. The new program streamlines processes for dealers by integrating Aqua’s retail financial services with inventory floorplan financing from Inventory Finance delivering enhanced operating efficiency, cash flow conversion, and interest savings.*
The financial markets are abuzz with significant movements across various sectors, driven by a confluence of strategic investments, groundbreaking regulatory approvals, and the enduring influence of retail investor sentiment. From Warren Buffett's latest healthcare bet to the Trump administration's potential foray into semiconductor manufacturing, and a major pharmaceutical breakthrough, these
Wells Fargo's standard savings account pays just 0.01% APY. Learn how switching to a high-yield savings account could earn you hundreds more each year.
Expectations are reaching a fever pitch for the Federal Reserve's first interest rate cut of 2025, with a September reduction now appearing almost certain. Market probabilities overwhelmingly point to a 25-basis-point cut, which would lower the Federal Funds rate from its current 4.25%-4.5% range. This highly anticipated
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
The financial markets are abuzz with a significant development in the bond market: the benchmark 10-year U.S. Treasury yield has eased to 4.24%. This decline is more than just a number; it's a powerful signal from the heart of the global financial system, reflecting a palpable shift in
GATX’s second quarter was marked by resilient railcar leasing demand in North America and standout performance in its engine leasing business, factors that contributed to the positive market reaction. Management emphasized strong fleet utilization and notable lease rate increases, with President and CEO Bob Lyons highlighting that “the market for existing railcars remains pretty similar to how it’s been in the last few quarters, which is to say that pricing remains relatively strong.” The company also generated significant remarketing income, supported by robust secondary market conditions.
Shares of Bank of America and Wells Fargo are up Tuesday afternoon. Tuesday's investor optimism stems from a July inflation report that presented a split verdict for the US economy.
