Servicers shares rise after strong JPM, Wells Fargo earnings

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In the first quarter, Berkshire Hathaway added more JPMorgan Chase (JPM) shares, while it trimmed its stake in Wells Fargo (WFC).

The S&P 500 financial sector (+0.1%) is clinging onto a small gain, as shares of Wells Fargo (WFC 45.74, -0.98, -2.1%) weigh after management said it expects its FY19 net interest income to come at the low end of prior guidance of negative 2-5%. Like JPM, Wells Fargo beat top and bottom-line estimates.

Wells Fargo reported second quarter earnings that beat estimates on the top and bottom lines, in part due to higher profits from non-interest income.The company reported earnings per share of $1.

Excluding automobiles, gasoline, building materials and food services, retail sales jumped 0.7% last month after an upwardly revised 0.6% increase in. $1.84 billion. Wells Fargo reported quarterly.

The highest quality banks such as Wells Fargo and J.P. Morgan (NYSE:JPM) trade at fair price, with upside as earnings, dividends and valuations. aren’t as comfortable buying the stock after its.

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 · Servicers shares rise after strong JPM, Wells Fargo earnings 2013-07-15, 03:48 pm. The shares of some of the nation’s largest mortgage servicers lifted Friday when JPMorgan Chase and Wells Fargo said they would sell mortgage servicing rights, The Street reports.. Search JP Morgan Chase Roundup And Everything That We Link To In Our Posts.

The financial services sector is expected to deliver a strong first quarter as JP Morgan Chase & Co. (NYSE:JPM), Citigroup Inc (NYSE:C) and Wells Fargo & Co (NYSE. is forecast to report a 13%.

 · Earnings season starts to pick up the pace this week, with reports from JP Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) scheduled before market open on Tuesday, Jan. 15. Between the Fed’s rate.

Jim Cramer on Bank of America, Citigroup, Wells Fargo and Arconic With JPMorgan and Wells Fargo scheduled to report on Jan 12, this may be a good time to consider which of these is a better stock. JPM vs. WFC: Which is the Better Bank Stock Pre Earnings.

Wells Fargo Quarterly Earnings; Wells Fargo Quarterly Earnings.. EQ Shareowner Services Call 1-877-840-0492 Visit Shareowner Services.. Share your comments about this page: Please do not enter any personal or account information in this box. We cannot address customer service questions here.