All items tagged with "wells fargo"

Wells Fargo will pay you to try Apple Pay

Photo: Wells Fargo

Photo: Wells Fargo

Banks and credit card companies have been heavily pushing Apple Pay already, but perhaps the biggest gesture of support so far is from Wells Fargo.

In a promotion announced today, Wells Fargo said that it will pay customers up to $20 just for trying Apple Pay.

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Apple Share Prices Fall After Wells Fargo Downgrades Its Rating [Report]

applemoney

Apple’s shares closed at 1.4 percent lower for Tuesday’s trading — ending the day at $553.13.

The reason in a nutshell: that Wells Fargo changed its rating for Apple from “outperform” to “market perform”. While this downgrade wasn’t accompanied by a change in valuation (which remains in the $536 to $581 range) the rating essentially shifts recommendation away from “buy” to “neutral” (which actually means “sell”).

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