s less than the company earlier figured on, and ITT has reached an agreement with lenders to borrow $85M, down from $98M. Buy the dip, says Wells Fargo , noting the letter of credit disclosure is not a surprise. Post your comment!
Wintrob played a big role in the bounce in profits at AIG's Life and Retirement unit. The new management structure, says Wells Fargo , suggests the insurer sees itself less as a P&C and Life firm, and more of a commercial segment and consumer segment firm
Plains All American (NYSE: PAA ): "This is a great company. I would encourage you to buy it right here for its yield." Wells Fargo (NYSE: WFC ): "You want to own it. The whole group is breaking out, but Wells is the leader." Potash (NYSE: POT
Morgan; Morgan Stanley; Citi Joint managers: BOCI, CICC, CLSA, DBS Bank, HSBC, Mizuho, Pacific Crest, RBC, Stifel, Wells Fargo , BNP PARIBAS, Evercore, Raymond James, SunTrust Robinson Humphrey End of lockup (180 days): Tuesday, March 17, 2015
America ( BAC +1.9% ) - which breaks above $17 for the first time since April - Citigroup ( C +2.7% ), Wells Fargo ( WFC +1.1% ), PNC ( PNC +1.1% ), Fifth Third ( FITB +1.7% ), SunTrust ( STI +1.2% ), Schwab ( SCHW
Siftel, noting that investors will want to buy ahead of a special dividend, upgrades to a Buy with $130 price target. Also following the sale news, Wells Fargo yesterday initiated coverage with an Outperform rating. Post your comment!
Sept 17 (Reuters) - Securities brokerage Wells Fargo Advisors, a part of Wells Fargo & Co said it has hired seven financial advisers who managed a combined $1.38 billion in assets at their former companies UBS Financial Services, a unit of UBS AG, and Morgan Stanley.
center bank. What makes C unique compared to its closest competitors is C has a more international focus instead of, say Wells Fargo (NYSE: WFC ), who is mainly based in the United States. C ran into significant issues in 2007 with its mortgage loans
boom of the past few years. Its market share in mortgages - above 20% in 2009 - has fallen to 5%, and competitors like JPMorgan and Wells Fargo still get plenty of mortgage volume buying business from third parties. Post your comment!
Cummins ( CMI -1.7% ) has fallen and can't yet get up as analyst Andrew Casey pulls his Overweight rating and cuts the price target to $145-$148 from $170-$173, citing slower than expected improvement in emerging market demand and power generation. He also sees warranty accrual headwinds in the ...