Posts Tagged ‘
Wells Fargo ’
Nov 18th, 2008 |
By Mike Caggeso |
Category: Financial News
Citigroup Inc. (C) today (Monday) unveiled plans to cut more than 50,000 jobs in the “near term” and slash expenses by 20% to preserve capital as it faces a global slowdown that’s expected to push well into 2009.
Tags: Bank Of America, Citigroup, Citigroup Inc, Credit Card Holders, Dow Jones, Fidelity Inv, Global Slowdown, Goldman Sachs, GS, JPM, Jpmorgan Chase, Mike Caggeso, Mortgage Market, Subprime Market, US unemployment, Wells Fargo, WFC
Posted in Financial News |
Apr 17th, 2008 |
By Karim Rahemtulla |
Category: Stock Market Investing
Pop quiz: Over the past six months, one sector of the market has seen more insider buying than any other. Can you name it? If you think it’s technology, you’d be wrong. Yes, the sector has enjoyed a resurgence in recent months, but not enough to whip up a heavy enough wave of insider buying as the sector I’m talking about.
Tags: American Express, AXP, BAC, Bank Of America, CNB, Colonial National Bank, FITB, Genworth Financial, GNW, US stocks, Wachovia Bank, WB, Wells Fargo, WFC
Posted in Stock Market Investing |
Apr 17th, 2008 |
By Justice Litle |
Category: Stock Market Investing
Traders have a saying. “It’s not the news — it’s the reaction to the news.” The idea is to pay attention to what’s happening behind the scenes. If the news is good and the market goes down, that points to hidden weakness. But if the news is bad and the market goes up, that points to hidden strength.
Tags: AAPL, bull market, Citigroup, DOW, EWJ, EWM, EWZ, GE, ILF, JP Morgan, Nasdaq Index, Nyse, offshore investing, Oil Futures, Wells Fargo
Posted in Stock Market Investing |
Apr 17th, 2008 |
By William Patalon III |
Category: International Investing
J.C. Penney CEO Declines Annual Forecast; Wells Fargo 1Q Beats Estimates; Chinese Economy Undaunted in 1Q; GE Ups Asian Investment; Auto Industry Heats Up in India; Qualcomm’s India Investment; Sparrows Point Deal Approved; Welch Shows Wrath
Tags: Chinese Economy, Credit Crunch, General Electric Co, India Investment, J C Penney, MT, QCOM, Severstal OAO, TM, Toyota Motor Corp, Wells Fargo
Posted in International Investing |
Apr 14th, 2008 |
By Rick Pendergraft |
Category: Stock Market Investing
Although the earnings season officially kicked off last week with Alcoa reporting first quarter earnings, the real fun starts this week with seven Dow components reporting.
Tags: bear market, credit crisis, DOW, IBM, INTC, Jnj, Jpmorgan Chase, KO, Merrill Lynch, Pfe, US stocks, Utx, Wachovia, Washington Mutual, Wells Fargo, Xlf
Posted in Stock Market Investing |