Reports are out this morning that Wells Fargo (NYSE:WFC) is being accused by New York attorney general of fabricating foreclosure documents. Despite this the company’s shares are up 1.54% nearing the top end of the 52-week range. The company has a dividend yield of 1.20 and a price to earnings ration of 12.35. Wells Fargo…
Major banks including Barclays, Citigroup Inc (NYSE:C) and Royal Bank of Scotland have frozen bonuses across large parts of their foreign exchange trading teams in light of the investigation into manipulation of forex benchmarks, the Financial Times reports. Citigroup Inc (NYSE:C) stock performance was -0.95% in last session and finished the day at $46.88. Traded…
Bank of America Corp (NYSE:BAC) Merrill Lynch analysts also lowered their prediction from 7.6 per cent to 7.2 per cent for the full year due to the “significantly weaker than expected” data in the first two months. Bank of America Corp (NYSE:BAC) stock performance was -2.10% in last session and finished the day at $16.80….
In celebration of National Women’s History Month, Ford Motor Company (NYSE:F) announced it increased its sourcing with Women’s Business Enterprise companies 50 percent last year, purchasing $1.8 billion in goods and services from tier-one, women-owned suppliers, up from $1.2 billion in 2012. Ford Motor Company (NYSE:F) stock performance was -1.35% in last session and finished…
Bank of America Corp (NYSE:BAC) CEO Brian Moynihan saw his compensation jump by 77 percent last year as the company’s fortunes improved. Moynihan’s total compensation was $13.1 million, according to an Associated Press calculation based on a filing made by the company on Friday. The bulk of his pay was $11.1 million worth of stock…
U2 are pushing back the release of their 13th album to 2015 despite a new single and many high-profile media appearances, music industry journal Billboard said Friday. The group also rolled out their latest single “Invisible” during American football’s Super Bowl, in a tie-in with Bank of America Corp (NYSE:BAC) to raise funds for the…
