Tech reigns on ranking of most-respected corporations; Wells Fargo takes a big tumble

Technology companies remain the darling of Wall Street, in both share price and esteem, while fallout from the fake accounts scandal at Wells Fargo & Co. has drastically lowered the bank’s reputation among professional investors.
Three West Coast giants — Alphabet Inc. at No. 1, followed by Apple Inc. and Amazon.com Inc. — landed atop an annual Barron’s survey of money managers’ attitudes toward major U.S. corporations, while Wells Fargo came in dead last.
The list toppers all have significant…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/06/07/tech-reigns-on-ranking-of-most-respected.html?ana=RSS%26s=article_search

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