"The thing that's been driving stocks is rising confidence, " said James Paulsen, chief investment strategist at Wells Capital Management.
"It so flies in the face of what everyone believes, " said Jim Paulsen, chief investment strategist at Wells Capital Management.
"It is a reflection of this global recovery broadening out, starting to stabilise, " said Jim Paulsen, chief investment strategist at Wells Capital Management.
Over the next few months, James Paulsen, chief investment strategist at Wells Capital Management, argues, the fiscal drama and Europe's challenges won't matter as much for the market as whether the U.S. job picture improves.
"I've had some horrific nightmares as an asset manager in the last two weeks of the year, and this smells like one of those years, " said James Paulsen, chief investment strategist at Wells Capital Management.
General Electric Capital Corporation and Wells Fargo Capital Finance also provided financing for the deal.
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Traditional oil and gas wells are a long term capital investment similar to an office building.
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He also has to front all the capital for drilling wells, laying pipelines and doing seismic imaging.
The billionaire did not bail on all his financial holdings though, adding to positions on Capital One and Wells Fargo during the April-June period.
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Wells also boasts a Tier 1 capital ratio of 11.5%, total capital ratio of 14.51% and Tier 1 leverage ratio of 9.4% to end the third quarter.
But Bank of America, FleetBoston Financial, First Union, Bank One and Wells Fargo all have big venture-capital operations.
That was something of a black eye for the bank when compared with rivals, as the likes of JPMorgan Chase and Wells Fargo won approval to return more capital to shareholders and Bank of America knew better than to even ask until 2013.
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Aid organizations inside Zimbabwe warn that the contagious disease is spreading fast since raw sewage from burst pipes near the capital, Harare, flowed into wells, rivers and streams, the only source of drinking water for many Zimbabweans.
Dedio argues that Wells Fargo has moved fast and hard at its capital levels, consolidation and integration.
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The wells tend to generate 20% annual returns on capital invested, he said, but they also tend to decline at rates up to 80% in the first 18 months, meaning companies that want to show an increase in production must roll the cash flow into an expanding number of wells to stay ahead of the decline.
With a smaller capital markets business than other big banks, Wells Fargo is closely watched for its mortgage business.
Mr Wells said he was very concerned about the impact on the capital budget.
There were bankers from Wells Fargo, PNC, Prudential, Citibank, GE Capital, Capital One, Union Bank, Crestmark Bank and most of the California mid-sized banks.
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As a result, McClendon has had to invest significantly towards his share of capital expenditure and operating expense relating to all the wells drilled to date.
The bank, along with rivals Bank of America, JPMorgan Chase, Wells Fargo and others, is in the midst of submitting its annual capital plan to the Federal Reserve.
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Capital levels are pretty impressive with a Basel III capital ratio approaching 9% BofA, besting JPMorgan Chase, Wells Fargo and Citigroup.
So what we are seeing now is no exploration as there is no incentive to bring new wells into production and the act of even exploring acts as a drain on capital from the companies.
Wells Fargo has also promised more dividend, though it will also likely use its strong capital position to acquire assets as European banks de-lever.
Up to a point, lavish capital outlays like these can make up for a shortage of old-fashioned oil wells.
Reports indicate that Paulson convinced chief executives at Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Wells Fargo, State Street, Bank of New York Mellon, and Bank of America to take capital or suffer the regulatory consequences.
Warren says Wells Fargo is "the only AAA-rated bank in the country" and that it has strong capital levels.
Sosnoff owns personally and Atalanta Sosnoff Capital owns for clients the following stocks cited in this commentary: Lubrizol (bonds only), Wells Fargo, Dow Chemical and Goldman Sachs.
His Barcelona triumph, making it 39 straight wins in the Catalan capital, has been added to titles in Sao Paulo, Acapulco and the hard courts at Indian Wells.
Money manager Adam Newar with Eden Capital Management in Houston likes Nabors Industries and Patterson Energy, which focus on drilling low-risk gas wells on land.
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