Daily Stocks News » WFC

Major Movers on January 11; DNDN, BBY, KBR, INFY, ARQL, JCP, WFC

Warren Paige — Fri, 11 Jan 2013 17:57:20 +0000

Shares of Dendreon Corporation (NASDAQ: DNDN) rallied on Friday after analysts at Bernstein Research boosted its rating on the pharmaceutical company to “outperform” and raised its price target on stock by 43% to $10, citing upbeat outlook on company’s prostate cancer treatment. The 52-week trading of the stock is $5.73-$6.02.

Shares of consumers electronic [...]

Wells Fargo Reports 24% Jump in Fiscal Q4 Profits (WFC)

Warren Paige — Fri, 11 Jan 2013 15:44:59 +0000

America’s fourth largest bank in term of assets and leading mortgage lender, Wells Fargo & Company (NYSE: WFC) reported better-than-expected fiscal fourth-quarter results on Friday. Wells Fargo’s results are often regarded as precursor on the banking industry’s performance and growth in mortgage lending.

Both top line and bottom line were bolstered by strong loan [...]

Major Gainers and Losers in Early Trading on October 12; JBHT, AMD, LXRX, WFC

Warren Paige — Fri, 12 Oct 2012 14:24:23 +0000

Shares of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), a provider of surface transportation and delivery services to a diverse group of customers and consumers throughout the continental U.S., Canada and Mexico, are soaring in trading today.

At last check, JBHT shares were trading 7.01% higher at $58.63 on volume of 21,615. The stock [...]

Berkshire Hathaway Q2 Earnings Drop (BRK.A)

Warren Paige — Sun, 05 Aug 2012 17:51:47 +0000

Warren Buffett’s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) reported a decline in its second-quarter earnings due to a loss on its derivative holdings.

BRK.A’s financial and energy businesses use derivatives to speculate on price movement . However, the bets made by the investment company resulted in losses of more than a billion dollars [...]

Wells Fargo Posts Strong Earnings, Shares Gain (WFC)

Warren Paige — Fri, 13 Jul 2012 18:18:15 +0000

U.S.’s fourth largest bank and leading mortgage lender, Wells Fargo & Company (NYSE: WFC) reported on Friday that its second-quarter earnings rose by 17%, surpassing analysts’ expectations.

The bank attributed its strong results to rising mortgage banking income and better credit quality. WFC said that it received record number of mortgage applications in the [...]