Friday 27 September 2019

Wells Fargo names financial veteran Charles Scharf as its new CEO

Wells Fargo has hired an outsider to clean up its broken culture, three years after a reputation-tarnishing series of scandals erupted.
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Wells Fargo names financial veteran Charles Scharf as its new CEO
Wells Fargo has hired an outsider to clean up its broken culture, three years after a reputation-tarnishing series of scandals erupted. Read more »
 
Elon Musk is fighting multiple really ugly court fights at once
Elon Musk is in the midst of numerous legal battles charging that he's watching out more for his own interests than those of Tesla's shareholders. Read more »
 
Ari Emanuel's talent agency is the latest IPO failure
Wall Street continues to take a highly suspicious view of the IPO market. Read more »
 
Elon Musk says Tesla could sell a record 100,000 cars this quarter
Tesla has a shot at selling 100,000 cars this quarter, a first for the company, according to an email that CEO Elon Musk has sent to his employees. Read more »
 
Trump said China is stealing from this company. But the trade war is hurting it too
President Donald Trump name-dropped American chipmaker Micron Technology this week, when delivering a speech to the United Nations about the longstanding US claim that China steals intellectual property. Read more »
 
Markets turn choppy as White House considers limiting investing flows to China
Oil prices fell Friday on some signs that stability could return to the Middle East. Read more »
 
 
 
 
Dow Nasdaq S&P
-70.87   -91.03   -15.83
26,820.25   7,939.63   2,961.79
-0.26%   -1.13%   -0.53%
YTD +14.97%   YTD +19.66%   YTD +18.15%
 
Biggest Winners
Wells Fargo & Co +3.77%
 
Emerson Electric Co +3.44%
 
Ulta Beauty Inc +3.42%
 
E*TRADE Financial Corp +3.02%
Biggest Losers
Micron Technology Inc -11.09%
 
Lam Research Corp -5.25%
 
Applied Materials Inc -5.22%
 
Boston Scientific Corp -4.82%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $56.14 +0.23 / +0.41%
Gold $1,503.20 -3.20 / -0.21%
10-yr 1.68% -0.01
Euro $1.09 +0.00 / +0.17%
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