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USA Stock Report

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Boston, MA, 03/31/2014  (usastockreports)- Federal Reserve’s annual Dodd-Frank stress test is a big event in the US banking industry. Stress test for a banking institution gives out the scenario of how bank will perform under various stressed economic conditions. Under the adverse economic conditions if a bank will have sufficient capital to absorb the losses and perform...

Boston, MA, 03/20/2014 – Wells Fargo & Co (NYSE:WFC) was in trouble during the financial crisis of 2008 like just like other financial institutions. But now, it’s bounced back and is poised to deliver good growth and returns to investors. Wells Fargo has less litigation-related troubles in comparison to its peers who together constitute the ‘Big Four’...

Boston, MA, 03/11/2014 – IGI Laboratories, Inc. (NYSEMKT:IG), a small-cap manufacturer, developer and marketer of generic topical pharma products, reached a high of over 11% in the last trading session. After delivering quite decent returns in its last quarter, the company’s management is growing its pipeline phenomenally, as nearly 10 more ANDA filings are...

Boston, MA, 02/28/2014 – Ocwen Financial Corp (NYSE:OCN) reported its distressed fourth quarter results yesterday, which fell widely below to the market estimates. The financial company lost the street forecast number in EPS by $0.21, which came in at $0.74. Revenues too were a miss by $6.12 million as it attains the mark of $555.96 million in this quarter. Some...

Boston, MA, 02/26/2014  (usastockreport) – According to the reports that surfaced on Tuesday, Morgan Stanley (NYSE:MS) is said to have reached a $275 million settlement with the U.S. Securities and Exchange Commission, which will allow the bank to finally close its long pending legal case that surrounded it since the financial crisis. In an annual filing, the bank stated...

Boston, MA, 02/21/2014 – Yandex NV (NASDAQ:YNDX), Russia’s biggest search-engine company slipped the most on Thursday after it missed the analyst forecasts in its fourth quarter profits. Yandex reported that its net income for the quarter increase 24% to $94 million (3.35 billion rubles), but did not met the analyst average estimate of 3.7 billion ruble. Yandex...

Northern, WI 06/21/2013 (usastockreport) – The share prices of Wells Fargo & Co (NYSE:WFC) had surged by 1.40 percent to close at $40.09 per share for the end of last trading session on Thursday. The shares of the company had been trading in the range of $39.98 to $40.66 per during the day, which had pushed the company to hit new peaks. The shares of Wells Fargo...

Wells Fargo & Company (NYSE:WFC) announced today that its 2012 fourth quarter net income rose to $5.1 billion, or $0.91 per diluted share, which were 24% and 25%, respectively, over the same period in 2011. For the full year 2012, net income was $18.9 billion, or $3.36 per diluted share, both up 19% over 2011. Revenues were up 7%, to $21.9 billion, in the fourth quarter...

Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), has reported that the head of its Centralized Insurance Business, Neal Aton, has been named as president and chairman of the American Bankers Insurance Association (ABIA) for the 2013 term. Mr. Aton was officially introduced officially as chairman at the association’s annual conference last week. Mr....