Summary
A collection of news and information related to Wells Fargo & Co. published by Tribune Company sources.
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90 items on Wells Fargo & Co.
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Reeling from losses, Downey Financial shakes up leadership
Los Angeles Times Staff WriterReeling from a growing pile of delinquent mortgages, Downey Financial Corp. on Thursday reshuffled its top management and signaled that it would seek to sell the company. But analysts said it would have trouble finding a buyer. Highlighting the gravity...Tags: San Bernardino (San Bernardino, California), Corporate Officers, Paul Miller, Orange (Orange, California), Tom Prince
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Stock futures mixed ahead of housing data
Associated PressWall Street headed for a mixed open Thursday as investors eyed the release of key data on the troubled housing market and sifted through another stream of earnings reports. A fresh reading on sales of existing homes will likely show sales resumed their...Tags: Washington Mutual Inc., Tropical Storms, Financial Markets, Stocks, Stock Activities
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Banks jolt market with heavy losses
A surprisingly large second-quarter loss at Wachovia Corp. has quickly revived Wall Street's concerns that the financial sector still has a long way to go before it recovers from the year-old credit crisis.
Investors received a cold wake-up call when...Tags: Washington Mutual Inc., Wachovia Corp., National City Corporation, Citigroup Incorporated, Mortgages
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Financial Sector Concerns Are Revived
Associated PressA surprisingly large second-quarter loss at Wachovia Corp. has quickly revived Wall Street's concerns that the financial sector still has a long way to go before it recovers from the year-old credit crisis. Investors got a cold wake-up call when...Tags: Washington Mutual Inc., Wachovia Corp., National City Corporation, Citigroup Incorporated, Mortgages
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Falling oil prices, rising dollar cheer Wall Street
Of The Associated PressWall Street shook off early doldrums and closed sharply higher Tuesday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. The Dow Jones industrial average rose more than...Tags: Washington Mutual Inc., Financial Markets, Stocks, Stock Activities, Apple Inc.
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Bank of America earnings down 44%
From wire reportsBank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still beat Wall Street expectations. The country's largest retail bank said yesterday that its second-...Tags: Investment Service, Wachovia Corp., Earnings, Citigroup Incorporated, Consumers
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Banks beat Wall Street forecasts
Of The Associated PressBank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations. The nation's second-largest bank by assets said Monday...Tags: Wachovia Corp., Earnings, Freddie Mac, Fannie Mae, Citigroup Incorporated
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Asian stocks gain on oil news, U.S. earnings
Associated PressHONG KONG — Asian stock markets rose sharply Monday as sentiment improved thanks to lower crude oil prices and stronger-than-expected earnings from U.S. banks. In Hong Kong, the blue-chip Hang Seng Index climbed more than 3 percent to 22,532.90....Tags: Stock Broking, Stocks, Upstream Oil and Gas Activities, Citigroup Incorporated, Commodity Markets
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In this economy, failure is an option
Los Angeles Times Staff WriterThe U.S. economy appears to be caught in a cycle of recurrent panic attacks. So many things have gone wrong, and so much anxiety has accumulated in the financial system, that nothing seems safe. As a result, no sooner has one crisis seemed to recede than...Tags: Financial Markets, Credit and Debt, Freddie Mac, Bonds, SunTrust Banks Incorporated
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Bank of America profit shrinks, beats Wall Street
From the Associated PressCHARLOTTE, N.C. -- Bank of America Corp. said today its profit fell 41 percent in the second quarter, hurt by a big increase in bad debts tied to falling home prices and a slowing economy. But it easily beat Wall Street estimates, and shares rose $3.00,...Tags: Investment Service, Wachovia Corp., Earnings, Citigroup Incorporated, Quarterly or Semiannual Financial Statements
Jul 25, 2008
|Story| Los Angeles Times
Jul 24, 2008
|Story| Chicago Tribune
Jul 23, 2008
|Story| Hampton Roads Daily Press
Jul 23, 2008
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Jul 23, 2008
|Story| Allentown Morning Call
Jul 22, 2008
|Story| Baltimore Sun
Jul 22, 2008
|Story| Allentown Morning Call
Jul 21, 2008
|Story| Los Angeles Times
Jul 20, 2008
|Story| Los Angeles Times
Jul 21, 2008
|Story| Los Angeles Times
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