County Wells Financial News
15.08 / 14:03
JPMorgan
Chase
Fitch
Zions
PacWest
Drop
bank stocks
Warning
U.S. bank stocks drop after Fitch downgrade warning
(Reuters) — Shares of U.S. banks dropped in premarket trading after a Fitch Ratings analyst told CNBC that the agency could downgrade several lenders, while a proposed rule change by a top banking regulator added to investor worries.
15.08 / 12:21
15.08 / 11:51
15.08 / 11:13
UPS
Provident
Platform
Fulton
Financial
$205M advisor duo joins LPL from Raymond James’ Fulton Financial Advisors
A long-established partnership of financial advisors has taken the next step on its journey by joining LPL Financial’s broker-dealer, RIA and custodial platforms from Fulton Financial Advisors, part of Raymond James.
14.08 / 17:53
Target
CEO
Strategy
LinkedIn
Enterprise
Former Wells Fargo private bank execs gather assets at new firm
A number of the old guard of senior managers in the wealth management business at Wells Fargo & Co. have been leaving over the past couple years. At least one, Jack Ginter, has rapidly built a substantial new enterprise over that time.
14.08 / 16:31
14.08 / 16:07
Lowe's
Target
Reuters
Action
Morningstar
Hawaiian
Hawaiian Electric Industries shares plunge 40% amid deadly Maui wildfire scrutiny
(Reuters) — Hawaiian Electric Industries' (NYSE:HE) shares plunged nearly 40% in early trading on Monday amid growing scrutiny over whether the utility company's equipment played any role in the deadly wildfires that burnt through the coastal Maui town of Lahaina.
14.08 / 12:13
12.08 / 02:55
Microsoft
NASDAQ
DOW
Disney
Boeing
Nike
US stock market dips on Fed's rate hike fear. Disney, Boeing among top losers
US stock market: On account of renewed fear of US Fed rate hike post-rise in US inflation, Wall Street indices witnessed sell off pressure on Friday session. Nasdaq index fell around 0.68 per cent on Friday. On weekly basis, the tech index of the US stock market went down by 2.34 per cent and for the first time in 2023, Nasdaq ended lower on two weeks in a row.
11.08 / 17:41
Provident
Aviat
Entertainment
Parke
UBS
Tapestry
Midday movers: Six Flags Entertainment, Cano Health, UBS and more
Investing.com — U.S. stocks were mixed on Friday after a reading of producer price inflation that came in higher than expected.
10.08 / 13:01
COST
UPS
Lowe's
Target
show
Weekly
jobless claims
US consumer prices rise moderately in July; weekly jobless claims above expectations
WASHINGTON (Reuters) — U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.
10.08 / 03:09
UPS
Disney
stage
inflation data
Wall Street closes lower as investors wait for inflation data
inflation data that could influence Federal Reserve interest rate decisions. «The markets today are just kind of waffling around. And the reason for that is tomorrow is going to be the CPI report for July being released», said Jason Krupa, vice president of asset management at Lenox Advisors.
09.08 / 14:29
Target
JPMorgan
Entertainment
DISH
exclusive
analyst
4 big analyst picks: Eli Lilly a buy after obesity drug results, says Jefferies
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Eli Lilly, DraftKings, United States Cellular, and Dish Network.
09.08 / 10:37
Cooper
Aware
SEC
Action
Citigroup
HSBC
Fines for Wall St. communications violations reach $2.5B
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of dollars in penalties for employees using unofficial communications like WhatsApp, personal texts or email to conduct business — the latest in US regulators’ crackdown on Wall Street’s failure to keep records.
08.08 / 18:19
08.08 / 15:21
SEC
Platform
Action
Citigroup
Wall Street to pay hundreds of millions more for WhatsApp use
Wells Fargo & Co. and BNP Paribas are among firms that will pay hundreds of millions of dollars total in penalties for employees using unofficial communications like WhatsApp to conduct business — the latest salvo in U.S. regulators’ crackdown on how Wall Street keeps records.
08.08 / 14:11
U.S. regulators
U.S. regulators cite Wells Fargo, BNP Paribas, over recordkeeping
WASHINGTON (Reuters) — U.S. regulators on Tuesday said they had settled with more than a dozen financial firms, including Wells Fargo (NYSE:WFC) and some foreign banks, over charges of widespread recordkeeping failures, including in some cases the use of personal text messages and other messaging apps.
08.08 / 13:45
COST
JPMorgan
Action
Moodys
Pinnacle
Fulton
bank stocks
Bank stocks under pressure, following Moody's downgrades
Bank stocks are under pressure early Tuesday after rating agency Moody's downgraded ten small regional banks and placed several larger banks on review for downgrades.
08.08 / 13:25
UPS
electronic
Regulators hit Wall Street banks with $549 million in penalties for record-keeping failures
U.S. regulators on Tuesday announced a combined $549 million in penalties against Wall Street firms that failed to maintain electronic records of employee communications.
08.08 / 13:21
07.08 / 18:37
JPMorgan
Strategy
Chase
Enterprise
Exodus
Ex-Wells Fargo Advisors chief Kowach launching new firm
A group of senior executives from Wells Fargo Advisors with a $40 million war chest are planning to embrace a registered investment advisor aggregator and roll-up strategy, according to sources familiar with their plans.
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