{
Wells Fargo & Company

Companies

}
banks face lawsuit over 870 million dollars lost to zelle scams
Customers of JPMorgan Chase, Wells Fargo, and Bank of America have lost $870 million to scammers on Zelle over the past seven years, prompting a lawsuit from the Consumer Financial Protection Bureau (CFPB). The CFPB alleges that the banks failed to protect consumers from fraud, inadequately investigated complaints, and often left victims without assistance. Zelle, co-owned by these banks, defends its practices, claiming to have robust reimbursement policies and asserting that the CFPB's lawsuit is politically motivated.
dailyhodl.com
Bank of America Corporation Wells Fargo & Company JPMorgan Chase & Co. USA Rohit Chopra Show more
Regulatory & Legal, News Article
23:05 20.12.2024
market turmoil as interest rates and inflation concerns escalate globally
U.S. stock index futures fell sharply amid fears of a government shutdown and shifting interest rate expectations, as Congress struggles with President Trump's spending bill. The Federal Reserve has raised its inflation forecast for 2025, contributing to market volatility.In Russia, the central bank maintained its key interest rate at 21%, surprising markets that expected a hike. This decision aims to combat inflation, currently at 9.5%, while facing criticism from business leaders who argue that high rates hinder investment in a strained economy.
Devdiscourse
Russian Ruble United States Dollar End Federal Reserve USD Credit Suisse Real Estate Fund Siat Wells Fargo & Company RUS Donald Trump Vladimir Putin Show more
Finance & Economy, Market Report
13:28 20.12.2024
ripple price drops amid regulatory uncertainty and signs of global adoption
XRP's recent price fluctuations have been influenced by a 15% drop following a U.S. SEC appeal against Ripple Labs, creating uncertainty among investors. Despite this, analysts remain optimistic, predicting potential price surges due to increased adoption, including Wells Fargo's integration of XRP for payments and successful oil trades between India and UAE using the XRP Ledger. The cryptocurrency's utility in cross-border transactions positions it for significant future growth, with some forecasts suggesting it could reach values as high as $1,000 in the coming years.
Coinchapter
United States Dollar Wells Fargo & Company ARE USA IND Show more
Finance & Economy, Market Report
12:21 20.12.2024
hubspot insider sales and institutional investments highlight market activity
HubSpot insiders have sold 44,390 shares worth over $29 million in the last 90 days, reducing their ownership to 4.50%. Institutional investors hold 90.39% of the stock, with recent purchases including Oddo BHF Asset Management and Coldstream Capital Management. Analysts have upgraded HubSpot's rating to "strong-buy," with target prices ranging from $690 to $775, while the stock currently trades at $709.80 after a quarterly earnings report that exceeded expectations.
MarketBeat
Canaccord Genuity Group Inc. Oddo BHF Asset Management SAS Mizuho Medy Co.,Ltd. Wells Fargo & Company Wilmington Savings Fund Society, FSB N.A. Geode Capital Management LLC JPMorgan Chase & Co. UBS Group AG HubSpot, Inc. USA Brian Halligan Yamini Rangan Show more
Technology & Innovation, Market Report
16:02 19.12.2024
stock market update chip stocks retail sales and corporate earnings insights
Broadcom's stock continued to rally, while Nvidia faced further declines, entering correction territory. Advanced Micro Devices is projected to miss revenue targets, raising concerns, as the Dow is set for a down open after eight consecutive sessions of losses. Retail sales exceeded expectations, and the Federal Reserve is anticipated to cut interest rates again, with key inflation data due later this week.
CNBC
Advanced Micro Devices, Inc. Rockwell Medical, Inc. Affirm Holdings, Inc. Broadcom Inc. Pfizer Inc. Wells Fargo & Company Darden Restaurants, Inc. Lennar Corp Block, Inc. Constellation Brands, Inc. Honeywell International Inc. Barclays PLC Brown-Forman Corp PayPal Holdings, Inc. NVIDIA Corporation GE Aerospace USA MEX Donald Trump Show more
Finance & Economy, Market Report
15:00 17.12.2024
stocks predicted to decline in 2025 amid inflation and economic slowdown
Stifel's chief investment strategist, Barry Bannister, predicts the S&P 500 will end 2025 in the mid-5,000s, citing sticky inflation and an economic slowdown as key factors for a market pullback. While he is the only strategist forecasting a decline, others anticipate a mid-year rally to 7,000 before a drop to 6,600. Bannister emphasizes a shift towards defensive sectors like Healthcare, Utilities, and Staples amid a challenging economic environment.
Yahoo Finance
United States Dollar The Charles Schwab Corporation Stifel Financial Corp. Wells Fargo & Company USA Kevin Gordon Christopher D Harvey Tom Leek Barry Bannister Show more
Finance & Economy, Market Report
14:01 15.12.2024
amcor receives strong buy upgrade as institutional investors increase holdings
Prime Capital Investment Advisors LLC and Arkadios Wealth Advisors have increased their stakes in Amcor, now owning 18,961 and 25,597 shares, respectively. Institutional investors hold 45.14% of the stock. Amcor has received a "strong-buy" upgrade from UBS Group, with a consensus rating of "Moderate Buy" and an average price target of $11.20.
MarketBeat
Roblox Corporation International Paper Co Macquarie Group Limited JPMorgan Chase & Co. Amcor plc Metagenomi, Inc. Packaging Corporation of America Bank of America Corporation Unity Bancorp, Inc. UBS Group AG Robert W. Baird & Co. Inc. Wells Fargo & Company USA AUS Show more
Finance & Economy, Market Report
12:40 13.12.2024
bitcoin etfs poised for explosive growth driven by market trends and investor interest
Bitcoin ETFs are poised for explosive growth in 2025, driven by a remarkable market recovery and increased investor optimism following Donald Trump's pro-crypto stance. With the top 12 Bitcoin ETFs collectively holding over 1.1 million BTC, anticipated inflows are expected to surpass 2024 levels as major financial institutions begin promoting these assets. Additionally, a trend of "laddering up" among investors suggests that initial small investments will lead to larger commitments, further solidifying Bitcoin's status as a legitimate asset class.
NewsBTC
Fidelity Contrafund Morgan Stanley Bank of America Corporation MERRILL LYNCH MLCX SX6L INDEX Wells Fargo & Company BlackRock, Inc. USA Donald Trump Show more
Finance & Economy, Market Report
10:30 12.12.2024
Victoria's Secret upgraded by UBS as turnaround shows positive signs
Victoria’s Secret & Co has been upgraded to "neutral" from "sell" by UBS, reflecting confidence in its turnaround under new CEO Hillary Super. The investment bank raised its price target to $47, citing a 3% year-on-year sales recovery in North America and projected steady growth through 2025, despite potential post-holiday challenges and competition. Meanwhile, Wells Fargo downgraded the stock to "equal weight," noting limited upside after a significant rally this year.
ca.investing.com
United States Dollar Wells Fargo & Company Victoria's Secret & Co. USA Hillary Super
TradFi, Market Report
19:56 10.12.2024
Victoria's Secret upgraded by UBS as turnaround shows positive signs
Victoria’s Secret & Co has been upgraded to "neutral" from "sell" by UBS, reflecting confidence in its turnaround under new CEO Hillary Super. The investment bank raised its price target to $47, citing a 3% year-on-year sales recovery in North America and projected steady growth through 2025, despite potential post-holiday challenges and competition.
ca.investing.com
United States Dollar Wells Fargo & Company Victoria's Secret & Co. USA Hillary Super
Finance & Economy, Market Report
19:56 10.12.2024
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