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Wells Fargo (WFC) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-09-17 22:51
The most recent trading session ended with Wells Fargo (WFC) standing at $54.51, reflecting a +1.34% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.03%. At the same time, the Dow lost 0.04%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the biggest U.S. mortgage lender had lost 4.71% over the past month. This has lagged the Finance sector's gain of 2.72% and the S&P 500's gain of 1.54% in that time.The invest ...
Best credit cards for home improvement in February 2026
Yahoo Finance· 2024-09-13 22:17
Core Insights - The article emphasizes the importance of budgeting for home improvement projects and suggests that the right credit card can help manage costs while earning rewards [1][2]. Credit Card Recommendations - The Chase Freedom Unlimited offers a $200 bonus after spending $500 in the first 3 months, with a 0% introductory APR on purchases for 15 months, and a rewards rate of 5% cash back on travel purchased through Chase Travel, 3% on drugstore purchases and dining, and 1.5% on all other purchases [5][6][7]. - The Blue Cash Everyday Card from American Express provides a $200 statement credit after spending $2,000 in the first 6 months, with a 0% introductory APR for 15 months, and a rewards rate of 3% cash back at U.S. supermarkets, online retail purchases, and gas stations, capped at $6,000 per year [9][10][11]. - The Bank of America Customized Cash Rewards Credit Card allows users to earn a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days, with a 0% intro APR for 15 billing cycles and the potential to earn 3% cash back on home improvement purchases [14][16][18]. - The Wells Fargo Reflect Card offers the longest 0% intro APR period of 21 months on purchases and qualifying balance transfers, making it suitable for larger projects without accruing interest [22][23]. - The Citi Custom Cash Card automatically earns 5% cash back in the category spent most each month, with a 0% intro APR for 15 months, making it ideal for ongoing home improvement projects [27][28]. Choosing the Right Credit Card - When selecting a credit card for home improvement, it is crucial to consider rewards structures, such as flat rewards or specific home improvement categories, to maximize cash back [36][38]. - Introductory 0% APR offers are beneficial for funding large purchases, allowing time to pay off expenses without interest [39][40]. - Retail cards from home improvement stores may offer discounts or special financing options, but typically do not provide the same rewards as general cash-back cards [42][43]. Pros and Cons of Using Credit Cards - Benefits of using credit cards for home improvement include the potential for cash back rewards and the ability to finance projects interest-free during introductory periods [45]. - Drawbacks include the risk of accruing high-interest debt if balances are not paid off before the end of the introductory period and the limitations of rewards caps on certain cards [46].
Best credit cards for gas for February 2026
Yahoo Finance· 2024-09-13 21:31
Core Insights - The article discusses the best gas station credit cards for 2025, highlighting various options based on rewards, fees, and benefits [1] Group 1: Best Credit Cards for Gas Rewards - The Blue Cash Preferred® Card from American Express offers a $250 statement credit after spending $3,000 in the first 6 months, with a 6% cash back on U.S. supermarkets and 3% on U.S. gas stations [3][5][10] - The Chase Freedom Flex® Card provides a $200 bonus after spending $500 in the first 3 months, with 5% cash back on rotating categories, including gas for one quarter each year [16][17] - The American Express® Business Gold Card rewards 4x points on gas purchases, making it ideal for business owners who frequently drive [21][23] Group 2: Additional Features and Benefits - The Blue Cash Everyday® Card from American Express has no annual fee and offers 3% cash back on U.S. gas stations, with a potential annual gas reward of $82 [9][11] - The Citi Custom Cash® Card allows users to earn 5% cash back on their top eligible spending category each billing cycle, including gas, with a cap of $500 [35][37] - The Wells Fargo Autograph® Card has no spending cap on gas rewards, offering 3x points on eligible purchases, making it a flexible option for consumers [42][44] Group 3: Consumer Insights and Spending Data - Average consumer gasoline spending data indicates potential annual savings of $50 to $100 using cards that earn 3x/3% or more at gas stations [55][56] - The article emphasizes the importance of understanding the terms of gas rewards, including what counts as gas purchases and any spending caps [57][58] - It suggests that consumers with higher gas spending may benefit from cards with no annual cap on rewards, while those with average spending might prefer cards with higher rewards rates up to a certain limit [56][60]
WFC Signs Agreement With OCC to Fix AML Program, Stock Dips 4%
ZACKS· 2024-09-13 16:26
Shares of Wells Fargo & Company (WFC) lost 4% following the announcement of a formal agreement with the Office of the Comptroller of the Currency (OCC) concerning the bank’s anti-money laundering (AML) and sanctions risk management practices.The agreement points out flaws in the bank's anti-money laundering internal controls and risk management procedures in several areas, such as the reporting of suspicious activity and currency transactions, customer due diligence and the bank's customer identification an ...
Stock Of The Day: Regretful Sellers Rebuy Their Wells Fargo Shares
Benzinga· 2024-09-13 16:04
When markets are climbing, many traders who sold early often regret their decision. They watch as the stocks they sold continue to rise, missing out on further gains.This seller’s remorse, a common phenomenon in bull markets, is often visible on stock charts, as traders rush to buy back shares they sold too soon. That's why Wells Fargo & Company WFC is our Stock of the Day. It is an excellent example of this price actionAs you can see on the chart, the $46.80 level was resistance in July 2023. After hitting ...
Wells Fargo & Company (WFC) Barclays 22nd Annual Global Financial Services Conference (Transcript)
2024-09-10 14:09
Wells Fargo & Company (NYSE:WFC) Barclays 22nd Annual Global Financial Services Conference Call September 10, 2024 7:30 AM ET Company Participants Mike Santomassimo - Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg Good morning. I'm Jason Goldberg, and welcome to day two of Barclays 22nd Annual Global Financial Services Conference. Thank you for joining us. We have a full slate of large-cap banks. We've got 11 in a row, all in this room, with the exception of Ba ...
Wells Fargo (WFC) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-09 22:51
Wells Fargo (WFC) closed the latest trading day at $54.59, indicating a +1.09% change from the previous session's end. The stock lagged the S&P 500's daily gain of 1.16%. Meanwhile, the Dow experienced a rise of 1.2%, and the technology-dominated Nasdaq saw an increase of 1.16%.Shares of the biggest U.S. mortgage lender have appreciated by 2.35% over the course of the past month, underperforming the Finance sector's gain of 5.48% and the S&P 500's gain of 3.48%.The investment community will be closely monit ...
EBONY is Bringing the Ultimate HBCU Experience to Atlanta with Inaugural Yard Fest in Partnership with Wells Fargo and 300 Entertainment
Prnewswire· 2024-09-09 13:00
ATLANTA, Sept. 9, 2024 /PRNewswire/ -- This fall, EBONY, the iconic and beloved Black-owned media company, will be stomping the yard at Morehouse College for its first-ever EBONY HBCU Yard Fest, a fun-filled collegiate event designed to celebrate and uplift student life at Historically Black Colleges and Universities (HBCUs). Set to take place on Tuesday, September 24 from 5-8pm EST, this campus takeover brings together thousands of students from Morehouse, Spelman, Clark Atlanta, and Morris Brown for an ev ...
Wells Fargo Stock Rises 21.2% YTD: Should You Keep it on Your Radar?
ZACKS· 2024-09-03 16:00
Wells Fargo & Company (WFC) is gaining a lot of interest among investors. Its shares appreciated 21.2% year to date compared with the industry’s growth of 26.6%.The stock is also trading slightly below its peers — Citigroup (C) and Bank of America (BAC) .Year-to-Date Price PerformanceImage Source: Zacks Investment ResearchWFC is facing significant challenges with numerous penalties and sanctions related to its 2016 sales scandal, raising apprehension among investors. Nonetheless, its long-term prospects rem ...
Wells Fargo (WFC) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-08-27 13:13
In the latest trading session, Wells Fargo (WFC) closed at $56.72, marking a +0.04% move from the previous day. This move outpaced the S&P 500's daily loss of 0.32%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.85%.The biggest U.S. mortgage lender's shares have seen a decrease of 6.11% over the last month, not keeping up with the Finance sector's gain of 2.55% and the S&P 500's gain of 1.52%.The investment community will be paying close attention to ...