County Wells Financial News
05.09 / 19:01
Provident
CEO
Strategy
$4.5B team from Bank of America Private Bank joins RIA
Fidelis Capital, a registered investment advisor, announced Tuesday that a team that oversaw $4.5 billion in assets at Bank of America Private Bank has joined the firm.
05.09 / 15:03
Prison
Former Wells Fargo exec Tolstedt deserves prison in accounts scandal, US says
Wells Fargo & Co.’s former head of retail banking should spend a year in prison for impeding a probe of the bank’s practice of opening millions of accounts for customers without their authorization, prosecutors said.
01.09 / 18:07
Target
Digital
JPMorgan
Enterprise
DELL
record high
Dell shares hit record high after annual forecasts impress with AI in mix
The stock last traded at $68.75 after hitting a peak of $70.28 while trading volume was 5.4 times its 10-day moving average. Dell, on track for its biggest ever daily percentage gain, is up more than 70% for the year-to-date.
30.08 / 15:33
28.08 / 06:25
UPS
Deloitte
show
surges
Hybrid work surges 29 per cent as firms embrace flexibility: Report
Hybrid work surged 29 per cent (year-on-year) in the April-June period globally as "remote work" and "work from home" options declined, a report showed on Monday. Hybrid working roles, which enable employees to balance their work hours between the office and their homes, are experiencing a growth as the world opens up, reveals GlobalData, a leading data and analytics company. Job postings related to hybrid work increased in industries such as travel and tourism, retail, and financial services increased in Q2. «Overall interest in hybrid roles has remained intact as companies seem to be trying to strike a balance between complying with return-to-office requirements and offering work flexibility as well,» said Sherla Sriprada, Business Fundamentals Analyst at GlobalData. An analysis revealed that some of the notable companies that posted jobs offering a hybrid work model include Element Fleet Management, Flight Centre Travel Group, Albertsons Companies, Amazon.com, Wells Fargo & Co, and Hub International.
25.08 / 22:49
COST
Action
Hawaiian
Utility
Hawaiian Electric shares plunge after utility is sued over devastating Maui fires
Shares of Hawaiian Electric Company’s parent fell more than 18% by market close Friday, one day after the utility was sued by Maui County over the fires that devastated Lahaina
25.08 / 21:07
UPS
Booking
track
star
song
dance
Features
SZA's 'Snooze' features Justin Bieber, Young Mazino, Woody McClain. Check 'SOS' tour dates
SZA is seen engaging in cozy moments, smoking, swimming, arguing, and dancing alongside renowned personalities like Justin Bieber, «Power Book II» star Woody McClain, «Beef» heartthrob Young Mazino, and super-producer/songwriter Benny Blanco, who boasts a collaborative history with Bieber, Ed Sheeran, and various other artists, including his close associate SZA. Bieber and his wife Hailey were in attendance at SZA's Los Angeles concert in March. The video release is complemented by the «Snooze» 4-track bundle, which encompasses a «Sped Up» version of the original song. An extended edition of «SOS,» featuring reportedly 10 additional tracks, is anticipated later in the year.
25.08 / 17:41
UPS
SEC
Action
penalty
SEC spanks Wells Fargo Advisors with $35M penalty for excessive fees
The Securities and Exchange Commission Friday penalized Wells Fargo Advisors $35 million for overcharging advisory fees to certain clients who opened accounts prior to 2014 through the end of December 2022.
25.08 / 15:49
25.08 / 14:04
SEC
penalty
Wells Fargo to pay $35mln penalty over excessive fees, U.S. SEC says
NEW YORK (Reuters) — Wells Fargo (NYSE:WFC) has agreed to pay a $35 million civil penalty to settle U.S. charges that the company overcharged advisory fees, the Securities and Exchange Commission said on Friday.
25.08 / 02:11
24.08 / 18:59
24.08 / 14:23
Provident
Extreme
Platform
Enterprise
AXA
LPL to gain $50B wealth management business
LPL Financial Holdings Inc. and Prudential Financial Inc. announced Thursday morning that Prudential will move the retail brokerage and investment advisory assets of 2,600 financial advisors from Prudential Advisors’ current custodian, Fidelity’s National Financial Services, to LPL Financial.
22.08 / 21:31
22.08 / 16:53
COST
UPS
Provident
Google
Apple
Google Can’t Afford to Take Its Foot Off the Spending Brakes
Raymond James analyst Srini Pajjuri. Analysts expect Nvidia’s data-center revenue to more than double year over year to nearly $8 billion for the quarter ended in July, according to FactSet. So the pressure on Google to keep other costs down won’t be letting up anytime soon.
22.08 / 10:37
18.08 / 16:05
Target
Fallout
WSJ
Hawaiian
Hawaiian Electric Industries downside risk remains despite Wells Fargo upgrade
Wells Fargo upgraded Hawaiian Electric Industries (NYSE:HE) to Equal Weight from Underweight on Friday, lowering the stock price target to $8 from $25 per share.
18.08 / 12:29
17.08 / 18:03
Provident
CEO
JPMorgan
LinkedIn
Exodus
performer
Ex-Wells chief Kowach wants 100 advisors at new firm &Partners
Details are emerging about the new firm, &Partners, that a former head of Wells Fargo Advisors, David Kowach, is looking to soon unveil to the marketplace, including its goal to hire 100 “top performing Advisor Partner teams,” according to a copy of a presentation about the firm obtained by InvestmentNews.
16.08 / 01:39
15.08 / 18:13
UPS
Waves
Target
Chase
Tesla
NVIDIA
analysts
Nvidia shares climb as analysts raise targets ahead of report
(Reuters) — Shares of Nvidia (NASDAQ:NVDA) rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their price targets for the chipmaker, heightening already lofty expectations ahead of its quarterly earnings report next week.
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