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and exceptionally strong mortgage banking results." Wells Fargo

Started by steveF
almost 17 years ago
Posts: 2319
Member since: Mar 2008
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Wells Fargo shares soared 31.7 percent today (Thursday) after the bank announced before the opening bell that it expects to report a record $3 billion in earnings for its first quarter. In a news release, Wells said, "Business momentum in the quarter reflected strength in our traditional banking businesses, strong capital markets activities, and exceptionally strong mortgage banking results."
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