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Wells Fargo sees Amazon beating expectations in the third quarter. The company raised its third quarter outlook for Amazon’s earnings per share from $1.18 to $1.26, well above the consensus ...
Wells Fargo (NYSE: WFC) was a particular standout, with shares up by as much as 3% on Monday. ... Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may ...
Since Scharf took over Wells Fargo in 2019, the stock has fallen 19%, underperforming all but Citigroup. Since the beginning of 2023, Wells Fargo’s stock is down 5%, outperforming all but ...
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Wells Fargo CEO Charles Scharf said when he took over the top job in 2019 that his "first priority" was to clean up the bank's many messes. He is making progress — but still has more to do.
More than a year ago, Wells Fargo management suffered a blow when staff at an Albuquerque branch of the fourth largest U.S. lender by assets joined the Communications Workers of America guild in a ...
Two weeks ago, Wells Fargo disclosed that it had an allowance of $2.42 billion for future credit losses. Scharf said concerns about commercial real estate are waning, however, as interest rates ...
The bank has ended its membership in the Net-Zero Banking Alliance, a spokesperson said on Friday, two weeks after another notable exit by Goldman Sachs. Financial firms, which have long been ...