Wells fargo Stories
Debit Card Fees: The Ball Is in Bernanke's Court
The much-debated proposal to delay implementation of the Durbin amendment cap on debit-card interchange fees failed in the U.S. Senate on June 8 despite a 54-45 vote in its favor.
Judge signals OK of Wells Fargo gender bias accord
A federal judge signaled that she would approve a settlement calling for Wells Fargo & Co to pay $32 million to about 1,200 female brokers who claimed they were paid less than men and denied promotions because of their gender.
Father of two shoots mother in children's presence
A 25-year-old man Christopher Erdman fired gunshots at Shannon Lawrence, a student at Kennessaw State University, in the parking lot of an Alpharetta Wells Fargo Bank in the presence of their children, Emma (almost 3) and Peter Erdman (almost 1), Sunday, before driving the three of them to Northside Hospital Forsyth where the mother later died from wounds to her head and neck.
76ers franchise for sale, deal nearly done
The owners of the Philadelphia 76ers are negotiating with an investment group headed by Joshua Harris for the sale of the NBA team.
Pre-market movers on June 6 (SEE, HK, TIE, YHOO, SMG, LYG, WLP, WFC, LOW, CI, CVH)
The companies whose shares are moving in pre-market trade on Monday are: Sealed Air Corp, Petrohawk Energy Corp, Titanium Metals, Yahoo, Scotts Miracle-Gro, Lloyds Banking, WellPoint, Wells Fargo, Lowes Companies, CIGNA and Coventry Health Care.
Pre-market movers on June 3 (PLD, ZQK, OWW, NYX, AEE, FRX, NWL, ALL, ACI, FRO)
The companies whose shares are moving in pre-market trade on Friday are: ProLogis, Quiksilver, Orbitz Worldwide, NYSE Euronext, Ameren Corp, Forest Laboratories, Newell Rubbermaid, Allstate Corp, Arch Coal and Frontline Ltd.
Pre-market movers on May 31(ADI, EXK, HIG, FOE, DOW, GME, WFR, NVDA, APC, CCL, MOS)
The companies whose shares are moving in pre-market trade on Tuesday are: Analog Devices, Endeavour Silver, Hartford Financial, Ferro Corp, Dow Chemical, Gamestop Corp, MEMC Electronic Materials, Nvidia Corp, Anadarko Petroleum Corp, Carnival Corp and Mosaic Co.
Mobile Payment Systems Draw Interest from Banks, Retailers
Google took the wraps off of Google Wallet, its new mobile payment system, making the announcement on Thursday from the company's New York office. Mobile payment systems have drawn the interest of banks and retailers, and the industry is hoping consumers will adopt the systems as well.
BofA, JPMorgan, Wells form JV for online banking services
Bank of America Corp, JPMorgan Chase & Co and Wells Fargo & Co have teamed up to create a joint venture for online banking services.
BofA $410 million overdraft settlement wins court OK
Bank of America Corp has won tentative approval of a $410 million settlement of lawsuits accusing it of charging excessive overdraft fees to roughly 1 million customers.
NY Fed announced 32 new funds as reverse repurchase counterparties
On May 22, the Federal Reserve Bank of New York added 32 new money market funds in addition to the existing set one of Primary Dealer counterparties.
LA’s Green City Fair – June 4th
On Saturday, June 4, from 10 to 4 p.m. TreePeople will host the 1st annual Green City Fair, a free family-friendly event, at their headquarters in Coldwater Canyon Park. Hosted by celebrity and environmental guru, EdBegley, Jr. and sponsored by The Gas Company, The Los Angeles Department of Water and Power, Energy Upgrade California, Southern California Edison, Boeing, Wells Fargo and Whole Foods, the Green City Fair will bring together residents from all across Los Angeles to empower them with ...
World’s 10 Fastest Growing Brands
Facebook became the world's fastest growing brand in the Brandz Top 100 ranking, published by Millward Brown. With its brand valued at $19.1 billion, Facebook also entered in to the top 100 most valuable global brands in 2011 at number 35. It is also the first time the Facebook has appeared at all in Milward Brown's ranking, now in its sixth year.
Nordstrom, Inc. reelects board of directors
Nordstrom, Inc. reelected its board of directors and also hired a new director for the board.
“American Idol” summer concert tickets go on sale
Tickets for the Americal Idol Live Tour go on sale Friday. This year, the top 11 will be performing live.
JPMorgan in talks with SEC to resolve probe
JPMorgan Chase & Co is in advanced talks with U.S. regulators to resolve a probe into its role in selling subprime mortgage-backed bonds in 2007, a case that highlights a rare misstep by Chief Executive Jamie Dimon.
Wells warns of higher foreclosure suit costs
Wells Fargo & Co on Friday raised its worst-case estimate for litigation losses by 42 percent to $1.7 billion because of its exposure to foreclosure-related legal issues.
Tiger Woods Ranking: Where He is On the List
Tiger Woods is one ranking below Rory McIlroy
Golf - Rory McIlroy moves above Tiger Woods in latest rankings
Northern Irishman Rory McIlroy will look down on Tiger Woods after the latest world rankings placed him in a career-best sixth place above seventh-placed Woods.
Pre-market Gainers on Apr.29 (CAT, SPWRB, NTGR, SWKS, WFR, SOL, FSLR, MRK, NYX, LEG, STP, YGE)
The companies whose shares are gaining in pre-market trade on Friday are: SunPower, Netgear, Skyworks Solutions, MEMC Electronic Materials, Renesola, First Solar, Merck & Co, NYSE Euronext, Leggett & Platt, Suntech Power Holdings and Yingli Green Energy Holding
Top After-Market NYSE Gainers (HRZ, EMN, N, WFR, LEG, STP, YGE, SOL, LDK, CW)
The top after-market NYSE gainers on Thursday are: Horizon Lines, Eastman Chemical, Netsuite, MEMC Electronic Materials, Leggett & Platt, Suntech Power Holdings, Yingli Green Energy Holding, Renesola, LDK Solar Co and Curtiss-Wright Corp.
TIGER WOODS: Injury Impact On His Tournament Status
Tiger Woods suffers a strain to his left Achilles tendon.
South Florida Housing Market: Foreclosures Bring Boom
Due to unprecedented foreclosures and price declines, many investors are flocking to remove the area's massive glut of homes on the market.
Wells Fargo profit up as credit quality improves
Wells Fargo & Co , the fourth-largest U.S. bank, posted higher quarterly profit, but its results were shaped by the same trends as most of its rivals, which is unusual for a bank known for outsmarting competitors.
Wells Fargo posts falling revenue, shares drop
Wells Fargo & Co , the fourth-largest U.S. bank, posted a decline in revenue, and shares fell 4.9 percent as a bank known for outsmarting rivals turned in an average performance.
Wells Fargo first-quarter profit beats Street
Wells Fargo & Co , the fourth-largest U.S. bank, posted a higher quarterly profit as it put aside less money for bad loans.
Pre-market movers on Apr.20 (WMB, FCX, AMD, CRM, SNDK, AMAT, TXT, ISRG, IBM, WFC )
The companies whose shares are moving in pre-market trade on Wednesday are: Williams Companies, Freeport-McMoRan, Advanced Micro Devices, salesforce.com, Sandisk Corp, Applied Materials, Textron, Intuitive Surgical, International Business machines and Wells Fargo.
Citi profit falls 32 percent as bond trading weakens
Citigroup Inc's first-quarter profit fell 32 percent as bond trading revenue plunged and operating expenses jumped.
JPMorgan making fewer loans but profit still surges
JPMorgan Chase & Co said its total outstanding loans shrank for the fourth consecutive quarter, raising questions about the banking industry's ability to boost profit in coming years.
JPMorgan Q1 profit up 67 percent; can it be repeated?
JPMorgan Chase & Co reported tepid corporate loan growth in the first quarter, raising questions about the banking industry's ability to boost profit in coming years.