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May 17, 2022 · New York CNN Business —. Warren Buffett’s Berkshire Hathaway has been a top investor in Wells Fargo for the past few years, despite the company’s fake account scanda l, overcharging...
May 17, 2021 · Shares of Wells Fargo closed Monday up 94 cents at $47.90. Although the price has more than doubled since October, it is 28% below its January 2018 peak.
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Apr 17, 2017 · Berkshire Hathaway reported in a filing with the U.S. Securities and Exchange Commission on April 12 that it had sold roughly 7.13 million shares of Wells Fargo stock earlier in the week....
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Mar 11, 2024 · Wells Fargo is expected to post earnings of $1.10 per share for the current quarter, representing a year-over-year change of -10.6%. Over the last 30 days, the Zacks Consensus Estimate remained...
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Shares of Wells Fargo (WFC2.95%)traded nearly 4% higher as of 11:19 a.m. ET today after the company reported better-than-expected earnings results for the third quarter of the year.
Wells Fargo reported diluted earnings per share of $0.85 in the third quarter on total revenue of $19.5 billion. While revenue beat analyst estimates for the quarter, earnings came up short because the figure included a roughly $2 billion charge, or $0.45 earnings impact, due to litigation, customer remediation, and regulatory issues for historical...
Nobody likes to see such a big charge from past scandals, and CEO Charlie Scharf said those charges could continue in future quarters but do not reflect the performance of the core business. Wells Fargo continued to make progress in its efficiency initiatives, and core expenses are down 5% year over year, while it also continues to see NII climb in...
Sep 8, 2020 · What Happened: Berkshire Hathaway has sold over 100 million shares of Wells Fargo, according to Business Insider. This represents a 43% drop in the Wells Fargo stake owned by Berkshire...
Jun 24, 2022 · Free Article. Why Shares of Wells Fargo Are Rising Today. By Bram Berkowitz – Jun 24, 2022 at 12:14PM. Key Points. The stress-testing results could allow the bank to return more capital to...
