Wednesday 16 December 2009

12/16 Yahoo! Finance: WFC News

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Yahoo! Finance: WFC News - Latest Financial News for WELLS FARGO & CO NEW Feed My Inbox

Wells Fargo Gets Special Treatment (at Seeking Alpha)
December 16, 2009 at 1:10 am


SEC to require broader disclosure on executive pay (AP)
December 16, 2009 at 12:11 am

Companies will have to reveal more information about how much they pay their top executives, under expanded requirements being imposed by federal regulators amid a public outcry over compensation.

[$$] Solving Everything but the Problem (at The Wall Street Journal Online)
December 15, 2009 at 11:09 pm


[$$] Overheard: Goldman's Rush (at The Wall Street Journal Online)
December 15, 2009 at 10:03 pm


Wednesday: Inflation Worries and the Fed (at CNBC)
December 15, 2009 at 9:42 pm


Wells Fargo stock offering to raise $12.25B (AP)
December 15, 2009 at 8:47 pm

Wells Fargo & Co. said Tuesday that a stock offering planned for later this week should raise $12.25 billion that will be used to help repay its government bailout loan.

Wells Fargo buys out brokerage JV for $4.5 billion (at MarketWatch)
December 15, 2009 at 8:31 pm


UPDATE - Wells Fargo to pay $4.5 bln for Prudential unit (at Reuters)
December 15, 2009 at 8:10 pm


Wells Fargo and Prudential Announce Purchase Price for Noncontrolling Interest (Business Wire)
December 15, 2009 at 7:39 pm

NEWARK, N.J.----Wells Fargo & Company and Prudential Financial, Inc. announced today that Wells Fargo will pay $4.5 billion in cash to purchase Prudential's noncontrolling interest in their retail brokerage joint venture, which includes Wells Fargo Advisors, LLC .

Dollar Will Strengthen Further Next Year: Economist (at CNBC)
December 15, 2009 at 7:36 pm


Treasury report shows bank lending down again (AP)
December 15, 2009 at 7:25 pm

The value of loans held by the biggest beneficiaries of the government's bank bailout fell for the ninth consecutive month in October, the Treasury Department reported Tuesday, a day after President Barack Obama criticized top bankers for not doing enough to boost lending.

Evening Wrap: Wamu Demands JP Morgan Documents; XTO Execs Waive Some Payout; Wells Offering Oversubscribed (at Barrons.com)
December 15, 2009 at 7:12 pm


[$$] Deal Talk Drives Rockwell Action (at The Wall Street Journal Online)
December 15, 2009 at 6:49 pm


SEC to require broader disclosure on executive pay (AP)
December 15, 2009 at 6:47 pm

Amid a public outcry, federal regulators are forcing companies to reveal more information about how much they pay their top executives.

Wells Fargo stock offering to raise $12.25B (AP)
December 15, 2009 at 6:39 pm

Wells Fargo & Co. said Tuesday that a stock offering planned for later this week should raise $12.25 billion that will be used to help repay its government bailout loan.

Wells Fargo stock offering tops $12 billion (at CNNMoney.com)
December 15, 2009 at 6:39 pm

The bank says it no longer needs to sell the $1.5 billion worth of assets. Underwriters exercise options to buy additional shares.

UPDATE - Wells Fargo sells $12.25 bln in stock to exit TARP (at Reuters)
December 15, 2009 at 6:32 pm


Wells Raises $12.25 Billion As Share Offering Is Expanded (at CNBC)
December 15, 2009 at 6:27 pm


Spike in wholesale inflation sends stocks lower (AP)
December 15, 2009 at 6:10 pm

The stock market fell for the first time in five days and Treasurys slipped after a jump in inflation stoked concerns that the Federal Reserve would be forced to raise interest rates.

Wells Fargo raises funds to repay federal aid (at FT.com)
December 15, 2009 at 6:00 pm

Wells Fargo, the San Francisco-based lender, sold $10.7bn in new shares at a slight discount to the market price on Tuesday, raising capital to repay $25bn in federal aid and underscoring investors' appetite for financial stocks.

[$$] Stocks in the Spotlight Tuesday (at Barrons.com)
December 15, 2009 at 5:40 pm

Stocks in the Spotlight Tuesday Best Buy and SunTrust Banks fell. Weyerhaeuser and Fluor rose.

Wells Fargo Common Stock Offering Raises $12.25 Billion (Business Wire)
December 15, 2009 at 5:33 pm

SAN FRANCISCO----Wells Fargo & Company said today that underwriters in Wells Fargo's public offering of 426 million shares of common stock have fully exercised their option to purchase an additional 63.9 million shares.

Travelgate: Digging Deeper Into Wall Street's Flubbed Obama Meeting (at The Wall Street Journal Online)
December 15, 2009 at 5:28 pm


Best Buy, Wells Fargo, Qwest are big movers (AP)
December 15, 2009 at 5:27 pm

The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

What's Next for Citi and Wells Fargo? (at SmartMoney.com)
December 15, 2009 at 5:06 pm


Why Jamie Dimon Made the Obama Summit (at The Wall Street Journal Online)
December 15, 2009 at 5:00 pm


Tuesday PPI is One More Reason to Watch the Fed (Indie Research)
December 15, 2009 at 4:59 pm

Stocks dipped on the day, dragged down by a higher-than-expected PPI number and moderately disappointing guidance from Best Buy.

This Just In: Upgrades and Downgrades (at Motley Fool)
December 15, 2009 at 2:32 pm


Stocks trade mixed after inflation data (AP)
December 15, 2009 at 2:22 pm

The stock market zigzagged in a tight range Tuesday after wholesale inflation rose more than expected in November, led by a surge in energy costs.

Stocks Lower on Cloudy Data (at TheStreet.com)
December 15, 2009 at 2:07 pm


Who's to Blame for the Mortgage Mess? (at Motley Fool)
December 15, 2009 at 2:06 pm


Financials remain thorn is stock market's side (at MarketWatch)
December 15, 2009 at 1:55 pm

News that Citigroup and Wells Fargo are paying back government funds did little to bolster a sector plagued by rising delinquencies and a hobbled lending environment.

Zimmer Makes Traders Weak In The Knees (at Forbes.com)
December 15, 2009 at 1:52 pm


HALFTIME REPORT - Jim Chanos: China is a Bubble Waiting to Burst (at CNBC)
December 15, 2009 at 1:45 pm


[video] Best Buy's Margin Crunch (at Forbes.com)
December 15, 2009 at 1:38 pm


Wells Fargo TARP Exit: Potential Impact (at Seeking Alpha)
December 15, 2009 at 1:28 pm


Stocks Fall Slightly on Inflation Data (at SmartMoney.com)
December 15, 2009 at 1:09 pm


Tuesday Options Update: WFC, MCO, M, ROK (at Seeking Alpha)
December 15, 2009 at 1:07 pm


AlikeList raises $5 million (at bizjournals.com)
December 15, 2009 at 1:05 pm


Wells Fargo sells $10.65 billion in stock to exit TARP (Reuters)
December 15, 2009 at 1:05 pm

Wells Fargo & Co sold $10.65 billion in stock on Tuesday to help repay a $25 billion bailout received from the U.S. government last year.

If You Were Head of the Federal Reserve ... (at Motley Fool)
December 15, 2009 at 1:03 pm


Geithner says U.S. banks on sounder footing (Reuters)
December 15, 2009 at 1:01 pm

Treasury Secretary Timothy Geithner said on Tuesday that U.S. banks will be in a better position to resume lending as they pay back the unprecedented cash injections the government provided to keep them afloat during the financial crisis.

UPDATE - Geithner says U.S. banks on sounder footing (at Reuters)
December 15, 2009 at 12:59 pm


UPDATE - Wells Fargo sells $10.65 bln in stock to exit TARP (at Reuters)
December 15, 2009 at 12:52 pm


UPDATE - Wells Fargo trade on NYSE opens 50 minutes late (at Reuters)
December 15, 2009 at 12:33 pm


Stocks Mixed as PPI Surges (at TheStreet.com)
December 15, 2009 at 12:31 pm


[$$] Rough Waters Ahead (at RealMoney by TheStreet.com)
December 15, 2009 at 9:31 am


Wells Fargo prices offer at $25, raise $10.65 bln (at MarketWatch)
December 15, 2009 at 9:30 am


[$$] Wells Fargo to Price Stock Sale Tuesday (at The Wall Street Journal Online)
December 15, 2009 at 9:25 am


Wells Fargo: Analysts' Upgrades, Downgrades (at TheStreet.com)
December 15, 2009 at 9:25 am

 

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