Wells Fargo is a leading financial services company that provides a wide range of banking, investment, and mortgage products and services to individuals, businesses, and institutions. With a national presence, Wells Fargo operates through a network of branches and ATMs, offering services such as personal and commercial banking, wealth management, and asset management. The company is committed to supporting its customers' financial needs while also focusing on community engagement and sustainable practices. In addition to traditional banking services, Wells Fargo is involved in various financial markets and investment banking activities, helping clients navigate complex financial landscapes. Read More
Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third, and fourth quarters of 2026. Financial results will be released at approximately 7:00 a.m. Eastern time, and the live conference call will be at 10:00 a.m. Eastern time. Confirmation of these calls, as well as details on how to listen, will be provided before the scheduled release dates.
April’s U.S. nonfarm payroll data showed a net gain of 177,000 jobs, beating expectations (130,000) but moderating from the prior month’s upwardly revised 228,000. The unemployment rate held at 4.2%, and wage growth slowed modestly to 0.2% MoM.
Regulus Therapeutics shares surged after Novartis announced a $1.7 billion acquisition, but analysts downgraded the stock citing limited upside. Retail sentiment remained bullish, with speculation of a higher bid or FDA-driven gains.
The company slashed its full-year earnings forecast to a range of $12.50 to $17.50. The company had earlier expected to earn between $17 and $20 per share.
Wall Street divided on dollar's future. Wells Fargo bullish, Goldman Sachs bearish. Dollar hit high short positions, oversold, due to US policy uncertainty.
Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable June 1, 2025, to stockholders of record on May 9, 2025.
