WFCNP News and Press, Wells Fargo & Co D/E Pfd From 07/30/23

2023-07-30 06:15:31 ET Summary Berkshire Hathaway sold a substantial stake in Wells Fargo, after owning the stock for numerous years. The company made numerous ethical mistakes, and it's still undergoing the resulting punishments. Despite this, the company's operations are hig...

2023-07-29 10:38:08 ET Summary We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds mostly rallied on the week as credit spreads continued to tighten in line with the soft landing ...

2023-07-28 10:10:30 ET Summary The Federal Reserve has raised the headline Federal Funds Rate (FFR) from 5.25% to 5.5%, which will impact investment markets and the macroeconomy. The rate change will increase bank lending costs, the interest burden on private debt, and the interes...

2023-07-26 22:03:49 ET Summary My U.S. dividend growth portfolio, constructed in 2015, has outperformed the market by over 2% annually. The portfolio was designed to be resilient in a major stock market correction, focusing on dividend achievers with at least 10 years of dividend ...

2023-07-18 08:15:00 ET Summary Victor Dergunov runs The Financial Prophet and today talks Q2 earnings, Fed's probable pivot, inflation, and high quality stocks. Continue to buy high quality companies on pullbacks and why Victor believes in Tesla. Tech sector favorites and Netf...

2023-07-14 14:13:08 ET Wells Fargo & Company (WFC) Q2 2023 Earnings Conference Call July 14, 2023, 10:00 AM ET Company Participants John Campbell - Director of IR Charlie Scharf - CEO Mike Santomassimo - CFO Conference Call Participants Scott Sief...

2023-07-11 09:30:53 ET Summary Q2 earnings season begins this week with reports from large banks like Citi, Wells Fargo, and J.P. Morgan Chase. This is the first full quarter of results since a series of high-profile US bank failures in the spring. Q2 earnings are likely to sh...

2023-07-10 11:20:47 ET Summary JPMorgan Chase is expected to report significant revenue and profit growth for Q2, primarily driven by higher net interest income due to rising interest rates. The bank's stress capital buffer has declined from 4.0% to 2.9%, indicating less risk and ...

2023-07-06 09:31:03 ET Summary Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of the most investable candidates that may b...

2023-07-06 07:13:20 ET Summary Cohen & Steers is the top REIT closed-end fund team that offers several choices for real estate exposure. RLTY and RNP are two funds that have provided similar results, but their valuations have been quite different, leading to a swap potential i...