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Wells Fargo & Co. - WFC STOCK NEWS

Welcome to our dedicated news page for Wells Fargo & Co. (Ticker: WFC), a resource for investors and traders seeking the latest updates and insights on Wells Fargo & Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wells Fargo & Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wells Fargo & Co.'s position in the market.

Rhea-AI Summary
Wells Fargo & Company (WFC) releases findings from a new research study conducted by The Female Quotient, revealing that 1 in 4 surveyed adults have never shared financial numbers, and 43% of women grapple with financial anxiety compared to only 29% of men.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
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Rhea-AI Summary
Wells Fargo & Company (WFC) - Women-Owned Businesses Drive Economic Growth, According to 2024 Wells Fargo Impact of Women-Owned Business Report
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
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none
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Rhea-AI Summary
Wells Fargo & Company (NYSE: WFC) to Report Q4 2023 Earnings on Jan 12, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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Rhea-AI Summary
GoodLeap, LLC (NYSE: GL) has hired John Shrewsberry as Chief Financial Officer. Shrewsberry, with 22 years of experience at Wells Fargo, will oversee various key functions. He played a pivotal role in Wells Fargo's growth to a $150 billion market cap and 240,000 employees, demonstrating his expertise in scaling companies through organic growth and M&A.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
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management
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Rhea-AI Summary
UnidosUS and Wells Fargo launch program to promote Bank On certified accounts, aiming to increase awareness and accessibility for lower income individuals in the Latino community. The initiative also involves the Cities for Financial Empowerment Fund as a program advisor and implementing partner.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.76%
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Rhea-AI Summary
Wells Fargo (WFC) volunteers participate in building 27 homes in Charlotte with Habitat for Humanity, hosted by Garth Brooks and Trisha Yearwood
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
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none
Rhea-AI Summary
Soil Health Institute (SHI) (Ticker: SHI) released a free phone application, Slakes, to measure aggregate stability in celebration of World Soil Day. The app is available on Google Play and the App Store, and is designed to empower and engage citizens around the world to measure soil health. The app uses a smartphone camera to take pictures of dry soil aggregates before and after exposing them to water for 10 minutes, and then automatically calculates an aggregate stability value. The initiative has received support from the Ida and Robert Gordon Family Foundation and Wells Fargo, and aims to be used by the public, educators, conservation professionals, farmers, and industry/policy stakeholders to quantify the impact of management on soil health.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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Rhea-AI Summary
Wells Fargo & Company (WFC) names Darlene Goins as head of Philanthropy and Community Impact and president of the Wells Fargo Foundation. Goins will oversee the company’s philanthropic strategy in housing access, financial health, small business growth, and sustainability, reporting to vice chairman of Public Affairs Bill Daley. Previously, Goins led the company’s Banking Inclusion Initiative and served as head of Financial Health Philanthropy for the Wells Fargo Foundation. She brings a deep understanding of consumers and communities to this leadership position, aiming to open pathways to economic advancement and strengthen historically marginalized communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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Rhea-AI Summary
Wells FargoCooper Gardens (WFC) is a sustainable housing project developed in partnership with St. Barnabas Hospital and L+M Development Partners in the Bronx. Completed in 2019, the $156 million, 450,000-square-foot project provides underserved communities with fresh produce, solar energy, and support services. The development received a 99 out of 100 rating on the EPA's ENERGY STAR Portfolio Manager, showcasing its commitment to sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
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none
Rhea-AI Summary
Wells Fargo Investment Institute (WFII) released its '2024 Outlook' report, predicting a challenging first half of the year due to a global economic slowdown, followed by an improving, more opportunistic environment in the second half. WFII advises using accumulated fixed-income assets to invest later in the year and anticipates opportunities in a broad early-cycle global recovery later in 2024. The report forecasts a moderate U.S. economic slowdown, with a 0.7% GDP target for 2024 and a 2.5% inflation target. WFII also expects the S&P 500 Index to gain into year-end, with a target range of 4,600 – 4,800, and predicts two quarter-point Fed rate cuts in 2024, causing the federal funds rate forecast to decline toward 4.75% – 5.00%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
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none
Wells Fargo & Co.

NYSE:WFC

WFC Rankings

WFC Stock Data

197.74B
3.49B
0.08%
77.89%
1.12%
Commercial Banking
Finance and Insurance
Link
US
Bardstown

About WFC

Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.