Finance Sectors Review: Wells Fargo (NYSE:WFC) Includes Bonus in Pay Plan with New Goals, MetLife Inc. (NYSE:MET) Anticipates Dreary Guidance for Next Year

  on Dec 14,2012 Posted in Business News ,Featured
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Wells Fargo (NYSE:WFC) Advisors has hiked the monthly production level in its next year pay plan for advisers, while including a new bonus formed on fulfilling few targets for including new clients and enhancing the client assets they manage.

Shares of Wells Fargo & Company (NYSE:WFC) moved down -0.72% and closed at $33.26 with the total traded volume of 18.61 million shares. Stock opened at $33.49 and its shares were trading within the range of $33.20-$33.63. WFC has earnings per share of $3.19 and its price to earnings ratio ended at 10.44.

MetLife Inc. (NYSE:MET) forecasted outcomes for the present year over its earlier view, mentioning robust investment spreads and favorable insurance margins, though the firm gave a dreary guidance for next year.

In last trading session, Metlife Inc (NYSE:MET) dropped -2.32% and closed at $32.83 with the total traded volume of 23.95 million shares. It has outstanding shares of 1.09billion with the total market capitalization of $35.82 billion and its beta value stands at 2.05 times.

A federal judge on Wednesday accepted a settlement around the trustee unwinding Lehman Brothers Inc. and Citigroup Inc. (NYSE:C) above $1 billion that Lehman put down at the bank the week it filed for insolvency protection.

Citigroup Inc. (NYSE:C) decreased-0.64% with the closing price of $37.29. The overall volume in the last trading session was 30.45 million shares. Its fifty two week range was $24.40-$38.72. The total market capitalization remained $109.35 billion.

Citigroup Inc is ahead of its 52 week low with 53.01% and its last month’s price volatility remained 2.24%. Its beta coefficient was 2.58 with a target price of $103.27. Company’s current year earnings per share grew with 1.18% while the five years EPS growth rate was -38.53%.

American International Group, Inc. (NYSE:AIG)

With the latest fell of -1.75%, it now has YTD performance +47.59% which for the week is positive at2.95%. The company will report lower sales for the Quarter ending Dec-12, according to 9 analysts polled by Reuters. On average, they believe sales will arrive at $8,680.56 from $12,789.40 posted in the same quarter last year. The average sales forecast of 10 analysts for the full-year is $35,275.10, down as compared to $47,861.00 annual sales a year ago.

Morgan Stanley (NYSE:MS)

The stock with a +0.56% gain to $17.80 in the latest trading session has changed its distance from 200-Day Moving Average to +10.97% and 50-Day Moving Average to +4.30%. It captures $35.14 billion in market value. The mean rating 2.50 is set by analysts. The company is projected to report $0.33 per share for the quarter ending Dec-12 as compared to $0.56 earned a year earlier, according to 25 analysts surveyed by Reuters. The average EPS forecast of 19 analysts for the full-year is $0.01, down as compared to $2.12 earned a year ago.







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