Hints and tips:
...And so earlier this week, Wells Fargo downgraded Tesla’s stock. (Both make mock shocked noises) Its target for the stock is $120. It’s now about 170. And the bank’s previous forecast was 200....
...They’re less levered,” says Maureen O’Connor, global head of Wells Fargo’s high-grade debt syndicate....
...Wells Fargo Sector: BANKS / HQ: SAN FRANCISCO, US Wells Fargo hoped for a fresh start after years of scandals when it appointed Charlie Scharf as chief executive in late 2019, but turnround efforts took...
...For example, State Street Global Advisors has its R-Factor scoring system, while TPG and the Rise Fund developed a system called the Impact Multiple of Money, which they eventually spun off as Y Analytics...
...Wells Fargo’s new chief executive, Charlie Scharf, has hired a fourth former JPMorgan Chase banker to a senior executive role at the San Francisco-based bank....
...But that still falls short of the 3.4 per cent of sales that L’Oréal spends on R&D. Despite Coty’s problems, earlier this year JAB spent $1.75bn to raise its stake from 49 to 60 per cent....
...Competition from smaller upstarts and the collapse of retailer Toys R Us have added to the pressure....
...Cisco and Wells Fargo lead the list, with plans to repurchase $25bn and $20bn respectively....
...Ken Sena, a well known tech analyst, is leaving Wells Fargo to join Aiera, a start-up that uses artificial intelligence to provide investors with equity research....
...KBW calculated that earnings per share in 2018 would be about 20 per cent higher for JPMorgan Chase and 21 per cent higher for Wells Fargo under a 20 per cent tax rate....
...- Getting over R*. - Jim Chanos calls merged Tesla-SolarCity a ‘walking insolvency’. - *cough* Wells Fargo exec who headed phony accounts unit collected $125m....
...Shares in H&R Block jumped 12.5 per cent to $24.23 after the tax preparer lifted its quarterly dividend by 10 per cent to 22 cents a share....
...But it’s just as possible that tech investors have poured billions of pounds into what is effectively R&D for incumbents with wide, defensible moats....
...In the 12 weeks ended January 23, Coca-Cola’s US retail sales rose 1.8 per cent, according to data from research firm Nielsen and compiled by Wells Fargo, thanks to demand for its water and tea brands, while...
...Succession: few plan for future US financial advisers are a greying group that is likely to shrink significantly in the coming years, reports Matthew R Beaton....
...According to them, this can be explained almost entirely by Citi, Bank of America, and Wells Fargo....
...Analysts at Wells Fargo say that stores have been “less promotional” at the start of November than in past years as they attempt to break consumers out of their habit of waiting for a sale....
...A Wells Fargo banker, quoted in the Finra settlement, emailed his colleagues to report that one private equity firm had told him the company and its backers had “conducted analyst interviews today and will...
...America’s six big banks – JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and Goldman Sachs – had combined earnings of $76bn in 2013, just short of their collective peak in 2006....
...However, operating expenditure could be higher due to increased R&D spending on the company’s internet protocol routing business, where the company sees an opportunity to gain share....
...“The R&A are clear that it’s a very uneasy position for the bank,” Morgan said....
...Medpace was advised by Jefferies and Fairmont Partners, while Cinven was advised by Barclays and Wells Fargo....
...Sites such as Wells Fargo Stories, Target’s A Bullseye View, iQ by Intel and Shell’s “secret circuits” drivers’ guides to different cities are all well-produced examples of the growing genre....
...It raised $20m in its latest round of funding, where investors included Wells Fargo & Co and Mexican businessman Carlos Slim. 21....
...Morgan and Wells Fargo....
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