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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  • HighTower Hires Hollenbeck, a Top Wells Fargo Recruiter
    NEW YORK, July 22 (Reuters) - HighTower Advisors, the Chicago-based broker-dealer, said on Tuesday it hired Kimberly Hollenbeck, who has been heading recruiting and branch development at Wells Fargo & Co's independent adviser division. Hollenbeck will join ...
    07/22/2014 - 8:31 am | View Link
    PORTLAND, Ore. — Wells Fargo Advisors has hired Bret Norris as a financial advisor in Portland. He previously worked as a financial advisor at Morgan Stanley for two and a half years. In his new role, Norris provides financial products and services to ...
    07/22/2014 - 12:56 am | View Link
  • Wells Fargo: Returning More Capital To Share Holders
    San Francisco, California based Wells Fargo & Company (NYSE:WFC) is a banking and financial services ranked as the fourth largest bank in the U.S. by assets and the largest bank by market capitalization. Wells Fargo is the second largest bank in deposits ...
    07/21/2014 - 7:15 am | View Link
  • Wells Fargo: the bank you thought you knew
    It is often said that familiarity breeds contempt, and if you live in any of the more common zones of human habitation, you are, by now, familiar with Wells Fargo ( WFC). As a bank, Wells Fargo has a reputation for being less infuriating than most, but as ...
    07/21/2014 - 6:00 am | View Link
  • Does Wells Fargo Belong in Your Portfolio?
    Wells Fargo is a diversified financial services company. It has three operating segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The company provides retail, commercial, and corporate banking services through banking ...
    07/20/2014 - 5:55 pm | View Link
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  • Wachovia Is Now Wells Fargo – Wells Fargo
    Wachovia Corporation is now Wells Fargo, and all Wachovia accounts have moved to Wells Fargo.
    07/17/2014 - 7:41 am | 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.
    07/17/2014 - 5:10 am | 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.
    07/17/2014 - 4:20 am | View Link
  • Wells Fargo Financial
    Wells Fargo Financial provides servicing for existing credit card and real estate accounts.
    07/16/2014 - 11:34 pm | View Link
  • 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.
    07/16/2014 - 5:07 pm | View Link
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