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Wells Fargo & Company (WFC.SW)
| Previous close | N/A |
| Open | N/A |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | N/A - N/A |
| 52-week range | 50.25 - 50.25 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 170.724B |
| Beta (5Y monthly) | 1.21 |
| PE ratio (TTM) | 15.31 |
| EPS (TTM) | 2.94 |
| Earnings date | 12 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
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BloombergHigh Yields Lure Buyers to US Treasuries, Including 20-Year Sale
(Bloomberg) -- Investors flocked to Treasury yields near the highest levels of the year on Wednesday, including in an auction of 20-year bonds.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainSingapore Loses ‘World’s Best Airport’ Crown to QatarThe rally trimmed yields across the market by as much as 10 basis p
- Yahoo Finance Video
Deposits are banking industry's 'boogeyman': Money manager
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major financial players who have reported earnings so far. Hennessy Funds Portfolio Manager David Ellison joins Market Domination to discuss the biggest boons and challenges for the banking sector. "I think the boogeyman or the real new issue is what's going to happen to the deposit side," Ellison explains. "Since the Silicon Valley-First Republic issues of a year or so ago, the deposit side has really been exposed as a risk factor for the industry that we've never had. So you see most of these large banks losing non-interest bearing deposits to the market..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
