Fargo
Finian O’Shea, an analyst from investment bank Wells Fargo, has trimmed the price target on Prospect Capital Corporation (NASDAQ:) a day after the company’s CEO and founder, John F. Barry III, lashed out at him during a quarterly earnings call. The analyst and CEO bickered on the company’s earnings call…
Investing.com — The global Liquefied Natural Gas (OTC:) (LNG) market is poised for growth through the end of the decade. As per analysts at Wells Fargo in a note dated Tuesday, the expansion of LNG supply, driven by various projects coming online, poses a substantial risk to global gas prices. …
Analysts at Wells Fargo in a note dated Tuesday, have analyzed the potential impacts of tariffs in the context of the 2024 presidential campaign, with particular focus on two distinct scenarios for 2025. As foreign trade policy emerges as a crucial issue amid heightened geopolitical tensions, the implications for the…
U.S. small-cap equities, represented by the Index, have outperformed the S&P 500 Index by over 10% since early July, driven by expectations of Federal Reserve rate cuts and market speculation around the upcoming election. For an asset class that has persistently underperformed for much of the past decade, this sudden…
By Jonathan Stempel (Reuters) – A U.S. judge ordered Wells Fargo to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring diversity, even as it conducted sham job interviews of non-white and female applicants it had no plans to hire. U.S. District Judge Trina Thompson in…
Given the current backdrop marked by political turmoil and the upcoming U.S. elections, Wells Fargo strategists believe investors should keep their focus on economic trends rather than the unpredictable outcomes of the political landscape. “The economy’s trend seems to be a clearer signal for an investor than trying to predict…
Wells Fargo & Company (WFC) reported its second-quarter financial results, revealing both strengths and challenges as it continues its transformation journey. CEO Charlie Scharf emphasized the growth in fee-based revenue and strategic improvements in the credit card and corporate investment bank sectors. Despite a decrease in net interest income and…
With AMD (NASDAQ:) stock down in recent weeks, analysts at Wells Fargo previewed the company’s first-quarter earnings report. Unfortunately for investors, Wells Fargo sees the company as having a “tricky setup” into the print. Why AMD stock is down in recent weeks AMD’s stock price has experienced a significant decline,…
