Wall Street slides as focus shifts to earnings [Reuters]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Reuters
Wall Street slides as focus shifts to earnings NEW YORK (Reuters) - U.S. stocks fell in subdued trading on Monday after a strong rally last week, as U.S. companies prepared to kick off a widely expected painful quarterly earnings season due to the coronavirus pandemic. The S&P banking subsector .SPXBK shed 4% with JPMorgan Chase & Co ( JPM.N ) and Wells Fargo & Co ( WFC.N ) set to report on Tuesday and analysts expecting a bleak outlook for the year. Earnings for S&P 500 firms are expected to tumble 10.2% in the first quarter, compared with a Jan. 1 forecast of a 6.3% rise, before plummeting 22.4% in the second quarter as sweeping lockdowns halt business activity and spark furloughs. A staggering 16 million Americans have filed for jobless claims in the three weeks to April 4 and economists expect U.S. unemployment spiking to Depression-era levels in coming weeks as entire sectors shut down to try to contain the pandemic. Helping to limit losses, Amazon.com Inc ( AMZN.O ) gained
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WFC
News
- Netflix Lines Up $59 Billion of Debt for Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
- Netflix lines up $59 billion of debt for Warner Bros. deal [Fortune]Fortune
- EquipmentShare Closes $2.75 Billion Senior Secured Asset-Based Revolving Credit Facility With Wells FargoBusiness Wire
- Wells Fargo to Present at the Goldman Sachs Financial Services ConferenceBusiness Wire
- Barclays Analyst Positive on Wells Fargo (WFC) [Yahoo! Finance]Yahoo! Finance
WFC
Earnings
- 10/15/25 - Beat
WFC
Sec Filings
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- WFC's page on the SEC website