Wells Fargo Profit Up 17%

The nation's largest mortgage lender said revenue from mortgage banking jumped almost 80% and consumers borrowed more on their credit cards. But it called the economic recovery uneven.

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Topics:  banks   credit cards   economy   mortgage   profit   u.s. economy   wells fargo   
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tourObama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn'tUS home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • US casino revenue up nearly 5 percent in 2012US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
  • Rackspace may take itself private - Yahoo! News
    The Take: Rackspace could go private and Lockheed cuts pensions - San Antonio Business Journal
    07/2/2014 - 10:39 am | View Link
  • 175 Fortune 500 Firms Land Federal Small Business Contracts - Yahoo! Finance
    175 Fortune 500 Firms Land Federal Small Business Contracts - Freshnews.com
    07/2/2014 - 7:17 am | View Link
  • Historic medallions to grace Wells Fargo building in Downtown East ... - BusinessWeek
    Historic medallions to grace Wells... - Minneapolis Star Tribune
    07/1/2014 - 10:12 am | View Link
  • REMINDER: Oracle In-Memory Database -- Financial Analyst Webcast - Yahoo! Finance
    Oracle Simplifies Mobile Development - NewsFactor Network
    07/1/2014 - 8:19 am | View Link
  • Suspects at large after armed robbery at Brookhaven Wells Fargo - Atlanta Journal And Constitution
    Suspects at large after armed robbery at Brookhaven Wells Fargo - Atlanta Journal And Constitution
    07/1/2014 - 6:56 am | View Link
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  • Wells Fargo Securities Sees Positive Catalysts Ahead For Apple
    In a report published Wednesday, Wells Fargo Securities analyst Maynard Um reiterated a Market Perform rating on Apple (NASDAQ: AAPL). In the report, Wells Fargo Securities noted, “We believe the positives of potential near-term ‘s' cycle gross margin ...
    07/30/2014 - 3:58 am | View Link
  • Wells Fargo Customer Learns $6,700 Lesson: Stop-Payments Don’t Guarantee A Payment Will Be Stopped
    We’ve told you before about the idiotic loophole in some banks’ stop-payment policies that can allow a supposedly blocked check from being cashed after six months, but here’s a story about a Wells Fargo customer who got written confirmation from ...
    07/30/2014 - 1:03 am | View Link
  • Katherine Drew joins Wells Fargo Advisors
    PORTLAND, Ore. — Wells Fargo Advisors has hired Katherine Drew as a financial advisor in Portland. She previously worked as a financial advisor at Merrill Lynch for 16 months. In her new role, Drew provides financial products and services to high value ...
    07/29/2014 - 1:22 pm | View Link
  • Wells Fargo Mortgage Rates: Fixed, ARM and FHA Refinance Mortgage Rates for July 29
    San Francisco-headquartered financial institution, Wells Fargo (NYSE: WFC), provides various home purchase and refinance mortgage loan packages for its customers. The latest updated mortgage information from the lender can be seen below. Please, take note ...
    07/29/2014 - 9:48 am | View Link
  • Wells Fargo & Co. Given Consensus Recommendation of “Hold” by Brokerages (NYSE:WFC)
    Shares of Wells Fargo & Co. (NYSE:WFC) have received a consensus rating of “Hold” from the twenty-three analysts that are covering the stock, Analyst Ratings Net reports. One research analyst has rated the stock with a sell recommendation, eleven have ...
    07/29/2014 - 3:00 am | View Link
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  • Welcome to Wells Fargo Advantage Funds
    Wells Fargo Advantage Funds is one of the nation's largest providers of mutual funds. View our entire fund lineup as well as investment news for the individual investor.
    07/25/2014 - 12:07 am | View Link
  • Wells Fargo Student Loans and Banking
    Make no payments while in school with a flexible student loan from Wells Fargo. Fund up to the cost of your education.
    07/24/2014 - 7:28 pm | View Link
  • Wells Fargo Advisors
    Wells Fargo Advisors provides a full range of investing services and financial solutions. Visit WellsFargoAdvisors.com to consult a Financial Advisor today.
    07/24/2014 - 5:34 pm | View Link
  • Wells Fargo on the Forbes Global 2000 List
    Wells Fargo #8 on the Forbes Global 2000 List ... Profile. Wells Fargo & Co. is a nationwide, diversified, community-based financial services company.
    07/24/2014 - 4:51 pm | View Link
  • WFC: Summary for Wells Fargo & Company Common St- Yahoo ...
    View the basic WFC stock chart on Yahoo! Finance. Change the date range, chart type and compare Wells Fargo & Company Common St against other companies.
    07/24/2014 - 12:54 pm | View Link
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