Misha Zaitzeff and Vik Ghei, founders of HoldCo Asset Management, at their Fort Lauderdale, Florida, offices. Courtesy: HoldCo American banks have found an unlikely pair of adversaries in Vik Ghei and Misha Zaitzeff. Since July, the nine-person hedge fund they run from Fort Lauderdale, Florida, called HoldCo, has challenged lenders …
Here are the biggest calls on Wall Street on Monday: Wells Fargo reiterates Bank of America as overweight The firm raised its price target on the stock. “We expect BAC to post a new 16%-18% ROTCE target at its Nov. 5 investor day on expectations that it can better monetize …
We had some big wins this week from investing in stocks and managing a portfolio тАФ not speculating, not betting, not risking it all on a wing and a prayer that would make Vegas casino owners green with envy. Honeywell delivered with a terrific quarter in aerospace тАФ and you …
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P …
The stock market rebounded this week after seesawing on concerns about U.S.-China trade, the ongoing federal government shutdown, and credit. For the week, the S & P 500 and tech-heavy Nasdaq jumped 1.7% and 2.1%, respectively, after each lost more than 2% the prior week. Late in the week, trade …
Wells Fargo shares surged on Tuesday after the bank reported better-than-expected third-quarter results and raised a key financial return target, signaling confidence in the years ahead. Total revenue for the three months ending Sept. 30 increased 5.3% year over year to $21.44 billion, beating analysts’ expectations of $21.15 billion, according …
U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single …
A resurgence in trade tensions between the U.S. and China squeezed some of the excess out of an enthusiastic market, something investors will keep a close eye on in the week ahead as earnings loom. The government shutdown is also stretching into a new week. Stocks sold off Friday, with …
Day three of the federal government shutdown came and went Friday, with no end in sight. The stock market saw more all-time highs before the rally ran out of steam. The S & P 500 on Friday eked out a fractional gain for its 29th record-high close since the market’s …
Wells Fargo has branches all over the country. And yet, the nation’s fourth-largest bank is barely making a dent in the credit card market compared to its larger rivals JPMorgan Chase and Citigroup . A yearslong effort at Wells, aided by the removal this summer of the Federal Reserve’s punitive …
