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Real Estate & Property Law

: Housing Wire

Wells Fargo Q1 Profits Packed with Accounting Gain

By TERI BUHL

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Last week, Wells Fargo & Co (WFC: 19.67 +0.31%) pre-announced $3bn in expected profit and growth for the first quarter of 2009, along with growth in a closely-watched earnings ratio known as tangible common equity. The stock soared over 30 percent on the incomplete earnings news, with an official announcement due later this month. Some [...]

Full post as published by Housing Wire on April 13, 2009 (boomark / email).

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