Posts Tagged ‘Wells Fargo’

Price/Volume Surge: CIT GROUP (CIT)

CIT Group Inc. (NYSE: CIT) is seeing its shares surge as one the top percentage gainers today after the company announced that it has completed a $500 million financing facility. The credit facility is via Wells Fargo & Co. and it will give CIT access for up to $500 million in secured financing.  This is [...]

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 [...]

Volume/Price Surge: Wells Fargo (WFC)

Wells Fargo & Co. (NYSE: WFC) is seeing a price and volume surge after the company beat earnings this morning. Its shares had been thrown out like the proverbial baby with the bathwater over recent trading weeks as the entire sector has been battered. Wells Fargo posted solid earnings and actually raised its dividend. We [...]