Wells Fargo & Co. has adequate capital to keep lending in a severe economic downturn, the Federal Reserve said Thursday in the release of its annual stress tests. Wells Fargo & Co (NYSE:WFC) shares after opening at $47.70 moved to $49.36 on last trade day and at the end of the day closed at $49.03. Company price to sales ratio in past twelve months was calculated as 5.49 and price to cash ratio as 0.82. Wells Fargo & Co (NYSE:WFC) showed a positive weekly performance of 2.49%.
Goldman Sachs Group Inc. (NYSE:GS) has won a pay dispute with a former employee known for his role in shorting the U.S. Goldman Sachs Group Inc. (NYSE:GS) shares advanced 0.62% in last trading session and ended the day on $169.22. GS return on equity ratio is recorded as 10.90% and its return on assets is 0.80%. Goldman Sachs Group Inc. (NYSE:GS) yearly performance is 14.20%.
Citigroup Inc. (NYSE:C) yesterday released certain disclosures required by the rules of the Federal Reserve Board and the Office of the Comptroller of the Currency in connection with the 2014 annual supervisory stress tests. Citigroup Inc. (NYSE:C) shares moved up 2.62% in last trading session and was closed at $50.22, while trading in range of $49.01 – $50.46. Citigroup Inc. (NYSE:C) year to date (YTD) performance is -3.61%.
Morgan Stanley (NYSE:MS) Exceeds Fed Minimum Capital Level under Stress Scenario. Morgan Stanley (NYSE:MS) weekly performance is 4.29%. On last trading day company shares ended up $32.79. Morgan Stanley (NYSE:MS) distance from 50-day simple moving average (SMA50) is 6.74%. Analysts mean target price for the company is $33.60.