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Wells Fargo

A collection of news and information related to Wells Fargo published by this site and its partners.

Top Wells Fargo Articles

Displaying items 12-22
  • Profit rises for quarter, dips in 2014 for PNC Bank

    Profit rises for quarter, dips in 2014 for PNC Bank
    The owner of PNC Bank on Friday reported flat earnings for its fourth quarter and in 2014. PNC Financial Services Group Inc. said its profit for the three months ended Dec. 31 rose nearly 1 percent, to $1.04 billion, with earnings of $1.84 per share....
  • Bank of America, Citigroup miss investor expectations as the banks' trading struggles

    The final months of 2014 were more difficult for big banks than investors suspected. Bank of America and Citigroup reported disappointing results Thursday, hit by lower trading revenues and more legal expenses. That followed JPMorgan's weaker earnings...
  • Bank of America posts lower fourth-quarter profit

    CHARLOTTE, N.C. Bank of America's shares slumped on Thursday after the Charlotte-based bank reported a lower-than-expected fourth-quarter profit as its mortgage and trading businesses slumped. The No. 2 U.S. bank in assets said it made $3.1 billion in...
  • Target to exit Canadian market, will shutter stores

    MINNEAPOLIS Target Corp. is calling it quits in Canada. The Minneapolis-based retailer announced Thursday morning that it will shutter its 133 stores north of the border after a challenging two years with its first expansion outside the U.S. Its...
  • Disneyland, holiday travel a perfect mix for measles' spread

    The measles outbreak happened at a vulnerable place and at a bad moment. Disneyland was filled with holiday tourists from around the world the week before Christmas when someone with measles spread the disease. With its packed walkways, long lines and...
  • Bank earnings: JPMorgan hit by legal costs, trading drop while Wells Fargo sees steady results

    JPMorgan Chase & Co. reported a 7 percent decline in fourth-quarter earnings Wednesday, hit by legal costs and lower trading revenue. Its results also fell short of Wall Street forecasts and sent the company's stock down 3.5 percent for the day, more...
  • Wells Fargo's earnings in the fourth quarter inch up as interest income lifts revenue

    Wells Fargo & Co. reported a slightly higher fourth-quarter profit as the country's biggest mortgage lender generated more income from interest payments. Quarterly net income rose to $5.38 billion from $5.37 billion a year earlier, the San Francisco-...
  • Brian John LoftusAugust 21, 1929 - December 15, 2014

    Brian John Loftus<br/>August 21, 1929 - December 15, 2014
    Brian died peacefully in his home in Newport Beach. He was born in Detroit, Michigan to Margaret and Leonard Loftus.  He was an only child whose father died shortly after his 15th birthday.  Brian took it upon himself to help his mother through this...
  • 4 reasons why consistently strong hiring is failing to boost US inflation or wages

    This isn't explained in Econ 101. Month after month, U.S. hiring keeps rising, and unemployment keeps falling. Eventually, pay and inflation are supposed to start surging in response. They're not happening. Last month, employers added a healthy 252,000...
  • US stocks slide after jobs report shows falling wages; Energy sector pulled lower by oil

    A turbulent week of trading ended Friday with U.S. stocks finishing lower for the third time in five days. The decline followed two days of big gains and nudged major indexes lower for the year. A slide in oil prices deepened, stoking concerns about...
  • 01/12: People on move

    01/12: People on move
    Accounting Albert Hurtado was hired as a principal at GellerRagans Certified Public Accountants/Advisors, Orlando. Boards of directors Shepherd's Hope Inc. , a faith-based organization of volunteers that provides access to health care for the...