Wells Fargo offered $1bn penalty to settle mis-selling scandal

Friday 13th

Sold All: 3 Reduced: 12 Increased: 7 New Position: 4.

Wells Fargo Advisors continues to see a decline in the number of brokers and advisers working at the firm's various channels, reporting Friday a net loss of 145 reps over the first three months of this year. Investment House LLC's holdings in Wells Fargo were worth $418,000 as of its most recent SEC filing.

A Wells Fargo branch in the Chicago suburb of Evanston Illinois Thomson Reuters NEW YORK (Reuters) - Wells Fargo & Co, the No. 3 US lender by assets, has no plans to stop doing business with gunmakers in light of steps outlined by rival banks, Chief Financial Officer John Shrewsberry said on Friday. About 9.07 million shares traded. Jackson Grant Investment Advisers Inc. raised its holdings in Wells Fargo by 0.5% in the 2nd quarter. It has underperformed by 19.30% the S&P500.

Investors sentiment increased to 0.75 in 2017 Q4. Its down 0.45, from 1.33 in 2017Q3. 13,726 are held by Needelman Asset Mngmt. Company insiders own 0.09% of the company's stock.

A spokeswoman for Wells Fargo Advisors, Emily Acquisto, said in an email that the firm "feels no need to focus on raw headcount numbers" of brokers and advisers.

Trump lawyer tries to prevent use of materials found in FBI raid
Hendon says her firm, Spears & Imes LLP, was engaged by Trump on Wednesday and she was "not prepared" to present her argument. NY prosecutors raided Cohen's home , office and hotel room this week in a search the President said was a disgrace.

Hollywood star Will Ferrell injured in serious vehicle crash
According to witnesses, the woman he was travelling with was in a much worse condition and was bleeding profusely. One of the passengers, a woman aged 27, was reportedly not wearing a seatbelt and suffered serious injuries.

Trump Directs Cabinet to Look Into Rejoining TPP Trade Agreement
He has consistently criticized multilateral trade pacts, like the TPP, as a threat to American manufacturing industries .

A trio of big banks reported better-than-expected profits, but their shares slipped as news of lackluster demand for business and home loans sparked worries that the GOP tax cuts aren't goosing the U.S. economy the way investors hoped.

During a conference call with investors and Wall Street analysts, Wells Fargo CEO Tim Sloan outlined the bank's effort to restore investor confidence and improve customer services. Wesbanco Bank & Trust accumulated 0.69% or 167,779 shares. Franklin Resources Incorporated reported 1.71% stake. Raffles Limited Partnership stated it has 105,900 shs or 6.75% of all its holdings. East Coast Asset Ltd Llc, Massachusetts-based fund reported 47,429 shares. Now the hedge fund run by Dmitry Balyasny is holding 3.70M shares, compared to the 5.01 million from the previous quarter. "Buy" rating has 12, "Sell" are 3, while 7 are "Hold". Therefore 41% are positive.

J.P. Morgan Chase reported earnings per share of $2.37, higher than analyst estimate of $2.28. The stock of Wells Fargo & Company (NYSE:WFC) has "Neutral" rating given on Wednesday, January 10 by Atlantic Securities.

Wells Fargo announced that its board has approved a share repurchase plan on Tuesday, January 23rd that allows the company to repurchase 350,000,000 shares. Vining Sparks has "Buy" rating and $68.5000 target. The stock has "Buy" rating by RBC Capital Markets on Monday, November 13. Moreover, Miller Invest Mngmt LP has 0.7% invested in Wells Fargo & Company (NYSE:WFC) for 37,740 shs. The stock rating was maintained by Susquehanna with "Hold" on Sunday, February 4. Saba Capital Management L.P. owns 1.13 million shares or 1.33% of their United States portfolio. Ontario - Canada-based Toronto Dominion Fincl Bank has invested 0% in Tenet Healthcare Corporation (NYSE:THC). 34,726 were reported by Spears Abacus Llc. The stock increased 6.01% or $1.379 during the last trading session, reaching $24.329. Tenet Healthcare Corporation (NYSE:THC) has risen 28.80% since April 13, 2017 and is uptrending.

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