U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and.. SeattlePI.com Also reported by •Seattle Times
Homebuilder confidence in the U.S. has unexpectedly seen an improvement in the month of October, according to a report released by the National Association of Home Builders on Tuesday. The report said.. RTTNews
Wells Fargo sold customers an investment that was almost guaranteed to lose them money and told them it was a good way to protect their portfolios, authorities say. Matt Yurus reports. Source: CBS 11 Dallas -
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer hopes that Goldman Sachs puts out a good headline number and then doesn't denigrate itself. Cramer noted that Morgan Stanley has.. Source: The Street -
Oct.16 -- In today's "Single Best Chart," Bloomberg's Tom Keene and Francine Lacqua display the stock performance of the JPMorgan Chase & Co., Wells Fargo & Co. Bank of America Corp. and Citigroup.. Source: Bloomberg Global Business -
Wells Fargo said Monday that it will raise its contributions for California wildfire relief to a total of $1 million, significantly increasing its donation of $150,000 made a week ago. The move makes.. bizjournals
California Treasurer John Chiang said Monday that he’s extending sanctions against Wells Fargo for a second year and questioned why Tim Sloan, a 30-year veteran of the bank, is CEO of the San.. bizjournals
Stocks of all the major banks were slightly higher in pre-market trading after two of the big banks reported earnings on Tuesday.
Goldman Sachs and Morgan Stanley beat estimates for the.. Business Insider
Goldman Sachs reported third-quarter earnings on Tuesday, crushing Wall Street estimates.
The earnings beat was driven by a huge quarter for the investing and lending business, which posted a 35%.. Business Insider
CHARLOTTE, N.C.--(BUSINESS WIRE)--America is eight years into one of the longest-running bull markets, and the percentage of working Americans who say the U.S. stock market is now a good place to.. Business Wire
The Financial Industry Regulatory Authority (FINRA) ordered Wells Fargo & Co.’s clearing services and Wells Fargo Advisors Financial Network to pay customers $3.4 million in restitution for sales.. bizjournals
Authord by Chris Whalen via The Institutional Risk Analyst,
*Almost as soon as it started, the excitement surrounding earnings for financials in Q3 2017 dissipated like air leaving a balloon... Zero Hedge
The state of California will continue its financial sanctions against Wells Fargo for a second year following a string of new disclosures about bad practices at the bank since its sham accounts scandal.. L.A. Times