The Dodge & Cox Stock Fund had a total return of 2.4% for the first quarter of 2014, compared to 1.8% for the S&P 500 (INDEXSP:.INX) Index. At quarter end, the Fund had net assets of $55.6 billion with a cash position of 2.3%.
Warren Buffett's Berkshire Hathaway has made nearly $2 billion on its investment in Apple. The conglomerate bought more in the third quarter just as the stock, with the rest of the tech sector, continued to hit new highs. Many of his other …
While we believe WFC is one of the better positioned banks given its strong deposit base and diversified revenue …
57 percent of older Americans say having a conversation about later-life needs is a low priority (even among those 80+), …
Two weeks, 143 million hacked accounts, and more than $4 billion in lost market value later, Equifax CEO Richard Smith is stepping down. “At this critical juncture, I believe it is in the best interests of the company to have new leadership to …
Quartz8mon
Last week, Wells Fargo (WFC) said it will report record Q1 earnings. It caused the stock to shoot up, but it also raised a few eyebrows as analysts wondered how realistic the company is being with respect to loan losses. Meanwhile, banks …
Wells Fargo Securities provides corporate clients with Wall Street-style services such as merger advice, stock and bond offerings, and securities trading. The unit has about 5,000 employees worldwide, with the largest portion based in …
Chris Vermeulen: A couple weeks back on June 19th I posted my analysis on how the stock market was bottoming and that we needed a couple key sectors to participate before we would get a solid bounce. You can quickly review the …
In the report Keefe, Bruyette & Woods noted, “WFC is a high-quality and well-managed franchise that seems to have …
and a bigger stock market value ($240 billion to J.P. Morgan\’s $217 billion). One thing that seems secure, though, is J.P. Morgan\’s status as the biggest U.S. bank by assets, with $2.4 trillion. In that race, Bank of America is No. 2 and …