“Wells Fargo knew that their unreasonable quotas were driving these unethical behaviors that were used to fraudulently increase their stock price and benefit the CEO at the expense of the low-level employees,” the bankers alleged in state court. “Although this policy was known to top executives of defendants, plaintiffs, as bankers, were blamed for harm to clients and retaliated against."

“Wells Fargo knew that their unreasonable quotas were driving these unethical behaviors that were used to fraudulently increase their stock price and benefit the CEO at the expense of the low-level employees,” the bankers alleged in state court. “Although this policy was known to top executives of defendants, plaintiffs, as bankers, were blamed for harm to clients and retaliated against."

“Wells Fargo knew that their unreasonable quotas were driving these unethical behaviors that were used to fraudulently increase their stock price and benefit the CEO at the expense of the low-level employees,” the bankers alleged in state court. “Although this policy was known to top executives of defendants, plaintiffs, as bankers, were blamed for harm to clients and retaliated against."

“Wells Fargo knew that their unreasonable quotas were driving these unethical behaviors that were used to fraudulently increase their stock price and benefit the CEO at the expense of the low-level employees,” the bankers alleged in state court. “Although this policy was known to top executives of defendants, plaintiffs, as bankers, were blamed for harm to clients and retaliated against."

Wells Fargo equity chief: Companies were being rendered obsolete long before Amazon emerged - John Manley, chief US equity strategist for Wells Fargo Funds, spoke to Business Insider on July 11, 2017, where he discussed rapidly growing, technically advanced companies like Amazon shaking up various industries. Following is a transcript of the video.   Joe Ciolli: And sort of the last thing I wanted to touch on is Amazon. It’s sort of the spectre looming over the market. We coined the term…

Wells Fargo Funds equity chief: Companies were being rendered obsolete long before Amazon emerged

Wells Fargo equity chief: Companies were being rendered obsolete long before Amazon emerged - John Manley, chief US equity strategist for Wells Fargo Funds, spoke to Business Insider on July 11, 2017, where he discussed rapidly growing, technically advanced companies like Amazon shaking up various industries. Following is a transcript of the video. Joe Ciolli: And sort of the last thing I wanted to touch on is Amazon. It’s sort of the spectre looming over the market. We coined the term…

Wells Fargo equity chief: Tech stocks are 'overvalued,' but you should still buy them - John Manley, a chief US equity strategist for Wells Fargo Funds, spoke to Business Insider on July 11, 2017, where he gave his take on one of the most hotly-contested debates in markets: whether tech stocks are overvalued. Following is a transcript of the video.  Joe Ciolli: So we've covered really one of the big stories in the market, but we can't really have a discussion about stocks with that talking…

Wells Fargo Funds equity chief: Tech stocks are 'overvalued,' but you should still buy them

Wells Fargo equity chief: Tech stocks are 'overvalued,' but you should still buy them - John Manley, a chief US equity strategist for Wells Fargo Funds, spoke to Business Insider on July 11, 2017, where he gave his take on one of the most hotly-contested debates in markets: whether tech stocks are overvalued. Following is a transcript of the video. Joe Ciolli: So we've covered really one of the big stories in the market, but we can't really have a discussion about stocks with that talking…

Sears is popping after saying it will sell appliances on Amazon (SHLD, AMZN) - Sears  is making big gains Thursday morning, up 22.70% in premarket trading Thursday, after announcing it would begin selling its Kenmore appliances on Amazon.  Selling on Amazon will give the company access to its largest customer base outside of Sears brick and mortar stores , which could boost sales at the company.  The former retail giant has been in the news recently for a huge number of store closures . Its…

Sears is popping after saying it will sell appliances on Amazon (SHLD, AMZN)

Sears is popping after saying it will sell appliances on Amazon (SHLD, AMZN) - Sears is making big gains Thursday morning, up 22.70% in premarket trading Thursday, after announcing it would begin selling its Kenmore appliances on Amazon. Selling on Amazon will give the company access to its largest customer base outside of Sears brick and mortar stores , which could boost sales at the company. The former retail giant has been in the news recently for a huge number of store closures . Its…

Netflix hits all-time high after crushing earnings (NFLX) - Netflix took off after announcing better than expected earnings for the second quarter.  The company added 5.2 million total streaming subscribers, which was much higher than the 3.2 million expected by Wall Street. It also beat Wall Street's guidance numbers for the third quarter, saying it expects 4.4 million new subscribers compared to the 3.99 million expected, according to data from Bloomberg.  The news sent shares of Netflix…

Netflix hits all-time high after crushing earnings (NFLX)

Netflix hits all-time high after crushing earnings (NFLX) - Netflix took off after announcing better than expected earnings for the second quarter. The company added 5.2 million total streaming subscribers, which was much higher than the 3.2 million expected by Wall Street. It also beat Wall Street's guidance numbers for the third quarter, saying it expects 4.4 million new subscribers compared to the 3.99 million expected, according to data from Bloomberg. The news sent shares of Netflix…

Wells Fargo (WFC) Stock Quote | The Motley Fool

Wells Fargo (WFC) Stock Quote | The Motley Fool

Facebook is edging higher after announcing a paid news feature (FB) - Facebook  stock is moving slightly higher after the company announced it will be rolling out a paid news model on its platform.  After news media companies requested anti-trust exemptions from Congress  to collectively negotiate with large platforms like Facebook and Google, Facebook announced an olive branch of sorts.  According to Leon Lazaroff of TheStreet, Facebook plans on testing a subscription and metered paywall…

Facebook is edging higher after announcing a paid news feature (FB)

Facebook is edging higher after announcing a paid news feature (FB) - Facebook stock is moving slightly higher after the company announced it will be rolling out a paid news model on its platform. After news media companies requested anti-trust exemptions from Congress to collectively negotiate with large platforms like Facebook and Google, Facebook announced an olive branch of sorts. According to Leon Lazaroff of TheStreet, Facebook plans on testing a subscription and metered paywall…

Sprint pops after seeking investment from Warren Buffett (S) - Sprint  shares are getting a boost on Friday.  News that Sprint executives approached Warren Buffett and cable mogul John Malone sent shares up as much as 2.8% in afternoon trading on Friday.  Chairman Masayoshi Son reached out to Buffett and Malone separately, according to the Wall Street Journal . Talks are at an early stage, and details around any possible investment in Sprint are unclear at the moment. One guess would have…

Sprint pops after seeking investment from Warren Buffett (S)

Sprint pops after seeking investment from Warren Buffett (S) - Sprint shares are getting a boost on Friday. News that Sprint executives approached Warren Buffett and cable mogul John Malone sent shares up as much as 2.8% in afternoon trading on Friday. Chairman Masayoshi Son reached out to Buffett and Malone separately, according to the Wall Street Journal . Talks are at an early stage, and details around any possible investment in Sprint are unclear at the moment. One guess would have…

Bernie Sanders Money Quote saying when Wall Street banks fraudulently open fake accounts to inflate stock prices, it is criminal behavior. Bernie Sanders said: Business model of Wall Street is fraud. In my view, there is no better example than the recently-exposed illegal behavior at Wells Fargo— Bernie Sanders Wells Fargo NewsEx-AIG Chief Expected to …

Bernie Sanders Money Quote saying when Wall Street banks fraudulently open fake accounts to inflate stock prices, it is criminal behavior. Bernie Sanders said: Business model of Wall Street is fraud. In my view, there is no better example than the recently-exposed illegal behavior at Wells Fargo— Bernie Sanders Wells Fargo NewsEx-AIG Chief Expected to …

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