Blogs about WFC - Stockpickr! Your Source for Stock Ideas

Blogs about WFC

Blogs	Description	Date Updated
Wells Fargo Doesn't Want Other's Junk...Surprised?	Not sure why this is a surprise. Wells Fargo (WFC) CEO John Stumpf said in an interview with the Financial Times.Stumpf quashed repeated speculation that Wells, the fifth largest US bank, would take advantage of the collapse in the shares of many rivals to clinch a large deal.“A large transformational [deal] is highly unlikely. Not impossible, but highly unlikely,” Mr Stumpf said. “We don’t need to do a deal. Organic growth is the core growth engine in this company.”Market talk has lin...	August 25, 2008
Fast Money Recap	Word On The Street WORD VIDEO HERE Options Action Jon Najarian said he is noticing some interesting options activity in a number of stocks. He highlighted the options action in SunTrust (STI) and Wells Fargo (WFC) in which traders are buying puts and expecting more downside. He explained that investors think the stocks will make small moves down in the first week of September. Another stock with options action is Rambus (RMBS). He said the options action in RMBS are trading like the stock is goi...	August 25, 2008
American Express or Wells Fargo, What Did Buffett Buy?	After Buffett teased the investing world Friday saying he bought more of either Wells Fargo (WFC) or American Express, folks are speculating as to which one he bought. I was under the impression Buffett and Bekshire (BRK.a) had virtually tapped out their ability to buy more American Express (AXP) shares. After buying 13% of the outstanding total, in 1995 Buffett agreed to the following in a letter to the Chairman Harvey Golub. The letter said Berkshire would not:(1) acquire or retain shares tha...	August 25, 2008
The Week's Top Stories at VIN	Here are the Top 15 this week at Value Investing News1. Stock Analysis: Walgreen Co (WAG)(via www.thediv-net.com)Walgreen Co is the largest U.S. retail drug chain in terms of revenues. It sells prescription and non-prescription drugs, beauty care, personal care, household items, candy, photofinishing, greeting cards, seasonal items and convenience foods. Linked here is a detailed stock analysis and commentary.2. Cash Rules Everything Around Me(via www.thediv-net.com)The latest example of the pow...	August 23, 2008
Fast Money Recap	Financial Take The “Fast Money” trades started out the show with a discussion about the takeover rumors swirling around Lehman Brothers (LEH). Pete Najarian said he sees more upside than downside with Lehman Brothers. Zach Karabell didn’t agree. He explained that its hard to know what is going on at Lehman. Quint Tatro thinks the financial stocks are a gamble. Jeffrey Hare of Sandler O’Neill also weighed in on Lehman Brothers. Hare reduced his estimates for the broker sto...	August 22, 2008
Berkshire's Warren Buffett Video: 5 Parts	Berkshire Hathaway's (BRK.A) Warren Buffett cover everything from debt to calling on donors to sue Jon Edwards. The Buffett and Gates Energy Tour: On Fannie (FNM), Freddie (FRE) and Oil (USO): Buffett on former Democratic Presidential Candidate Jon Edwards: Buffett on Debt: Buffett on Financials: He bought more of either Wells Fargo (WFC) or American Express (AXP). My gut tells me it more Wells Fargo. Disclosure ("none" means no position):Long WFC, none↑ Grab this Head...	August 22, 2008
Fast Money Recap	Word On The Street WORD VIDEO HERE Fannie/Freddie Speculation The traders discussed the rumors floating around Wall Street that the credit crisis could get much worse after reports surfaced that said Freddie Mac (FRE) meet with the Treasury department on Wednesday morning. The rumors drove shares of FRE and Fannie Mae (FNM) down big. Najarian said that FRE and FNM are toast. He explained that the options market isn’t showing anything that suggests the two companies will survive. He said op...	August 20, 2008
Jim Cramer Wells Fargo CEO Interview	Jim Cramer spoke with John Stumpf, president and CEO of Wells Fargo (WFC) about the action in the bank stocks. Stumpf told Cramer that despite the problems in the sector Wells Fargo is till growing due to the bank’s capital strength, liquidity and operating model. He said there’s less competition because so many banks are trying to fix their balance sheets, while Wells Fargo is growing theirs. “These are not necessarily bad times for us,” he said. “We tend to outperform when ti...	August 19, 2008
Wells Fargo CEO Stumpf (Video)	Okay, let's just forget Cramer uses my Wells Fargo in 1990 analogy from 2 weeks ago in the interview. What is more important is what Stumpf has to say. There is a commercial break in the middle of the video so do not tune out, there is more after.Cramer actually said, "I like to challenge my own thesis when I am bullish on a stock because these are just pieces of paper." Doesn't that go against everything you are ever taught about investing and buying "pieces of great companies"?Anyway, on to ...	August 19, 2008
Wells Fargo Seeing Increased Options Trading (WFC)	We are starting to see some increased trading activity in stock options of Wells Fargo & Company (NYSE: WFC). Most days now have financial stocks with various put and call optiosn activity, but this looks larger than most days so far for less than two hours into the trading day. Below is where you will get an idea of the volume, and recall that 10,000 contracts equals 1,000,000 shares on a fully leveraged basis. OPTION/STRIKE Volume OpInt SEPT08 $25.00 PUT 22,2...	August 19, 2008

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