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Wells Fargo & Co (WFC.N)

WFC.N on New York Stock Exchange

47.58USD
18 Apr 2019
Change (% chg)

$0.03 (+0.06%)
Prev Close
$47.55
Open
$47.41
Day's High
$47.87
Day's Low
$47.13
Volume
5,716,474
Avg. Vol
6,798,050
52-wk High
$59.52
52-wk Low
$43.03

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Fri, Apr 12 2019

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Wells Fargo's revenue outlook spooks investors

NEW YORK Wells Fargo & Co shares fell as much as 3 percent on Friday after the bank dialed back its net interest income outlook for this year and reported a decline in total quarterly revenue.

UPDATE 5-Wells Fargo's revenue outlook spooks investors

NEW YORK, April 12 Wells Fargo & Co shares fell as much as 3 percent on Friday after the bank dialed back its net interest income outlook for this year and reported a decline in total quarterly revenue.

Wells Fargo cuts 2019 net interest income forecast, shares tumble

Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted.

RPT-UPDATE 4-Wells Fargo's interest income outlook spooks investors

April 12 Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell 3 percent on Friday after it dialed back its forecast for how much net interest income it would bring in this year.

Wells Fargo cuts 2019 net interest income forecast, shares tumble

April 12 Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted.

Wells Fargo's quarterly profit rises 16 pct

April 12 Wells Fargo & Co. reported a 16.4 percent increase in quarterly profit on Friday, as the lender continued to reap the benefits of its aggressive cost-cutting plans.

Principal Financial to buy Wells Fargo's retirement unit for $1.2 billion

U.S. retirement plan administrator Principal Financial Group said on Tuesday it would buy Wells Fargo & Co's retirement plan services business for $1.2 billion, as it seeks a larger presence in markets serving mid-sized companies.

UPDATE 3-Principal Financial to buy Wells Fargo's retirement unit for $1.2 bln

* Co to serve 7.5 million U.S. retirement customers (Adds details, context, share price reaction)

Principal Financial to buy Wells Fargo's retirement business for $1.2 bln

April 9 Financial services provider Principal Financial Group said on Tuesday it would acquire Wells Fargo & Co's institutional retirement and trust business for $1.2 billion.

Warren Buffett urges Wells Fargo to look beyond Wall Street for next CEO: FT

Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co's largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer.

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