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WFC

Financial Sector Update for 09/08/2015: WFC, WAC

Top Financial Shares:

JPM: +1.80%

BAC: +1.79%

WFC: +2.28%

C: flat

USB: flat

Financial shares were flat to higher in pre-market trade Tuesday after a three-day weekend and as investors hope for more stimulus from China.

In financial stocks news, Wells Fargo & Co. ( WFC ) shares were up 2.4% at $52.54 after shares were upgraded by Evercore ISI to buy from hold.

Walter Investment Management Corp. ( WAC ) issued a statement today regarding its final settlement with the U.S. Department of Housing and Urban Development and the U.S. Department of Justice that resolves claims regarding its reverse mortgage business.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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