nor, as a matter of policy, is this Court well suited to regulating retail bank pricing via injunction on an ongoing basis." The court rendered judgment on the jury verdict and dismissed Wells Fargo's cross-complaint without prejudice
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Gina Martin Adams of Wells Fargo has long been known as the most bearish strategist on Wall Street. After all, at 1,850, she had the lowest year-end S&P target among major strategists. But on Tuesday, she got rid of that year-end target and initiated at 12-month target of 2,100, ...
She says the decline is to be expected, given that theFederal Reserveis pulling back on stimulus. On Wednesday, the central bank reduced its asset purchasing program by an additional $10 billion per month, and is now contemplating when to raise its target on the key federal funds rate. "Wh...