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Wells Fargo

A collection of news and information related to Wells Fargo published by this site and its partners.

Top Wells Fargo Articles

Displaying items 12-22
  • Strong outlook for Lehigh Valley economy, Chamber members told

    Strong outlook for Lehigh Valley economy, Chamber members told
    The Lehigh Valley and U.S. economies are on the mend. Wells Fargo global economist Jay H. Bryson told the Greater Lehigh Valley Chamber of Commerce at its annual Economic Outlook meeting Tuesday that the bank forecasts improved economic growth in the...
  • Buck up, profits down: US multinationals suffer as dollar surges against euro and yen

    The victims vary: Fast-food colossus McDonald's. Technology giant Oracle. Medical device maker Cooper Cos. The culprit's the same: A surging U.S. dollar A symbol of American economic might, the rising dollar is denting the earnings of U.S. companies...
  • Free money? Bigger, better EITC is as close as it gets

    Free money? Bigger, better EITC is as close as it gets
    If you're among the tens of thousands of Central Florida workers planning to claim the Earned Income Tax Credit this year, there's good news: It will be both easier to qualify and more generous in how much money you get back. The EITC, a federal...
  • California economy surpasses Brazil's

    California is overtaking Brazil as the world's seventh-largest economy, bolstered by rising employment, home values and personal and corporate income, a year after the nation's most-populous state surpassed Russia and Italy. The Golden State, with an...
  • Profit rises for quarter, dips in 2014 for PNC Bank

    Profit rises for quarter, dips in 2014 for PNC Bank
    The owner of PNC Bank on Friday reported flat earnings for its fourth quarter and in 2014. PNC Financial Services Group Inc. said its profit for the three months ended Dec. 31 rose nearly 1 percent, to $1.04 billion, with earnings of $1.84 per share....
  • Bank of America, Citigroup miss investor expectations as the banks' trading struggles

    The final months of 2014 were more difficult for big banks than investors suspected. Bank of America and Citigroup reported disappointing results Thursday, hit by lower trading revenues and more legal expenses. That followed JPMorgan's weaker earnings...
  • Bank of America posts lower fourth-quarter profit

    CHARLOTTE, N.C. Bank of America's shares slumped on Thursday after the Charlotte-based bank reported a lower-than-expected fourth-quarter profit as its mortgage and trading businesses slumped. The No. 2 U.S. bank in assets said it made $3.1 billion in...
  • Target to exit Canadian market, will shutter stores

    MINNEAPOLIS Target Corp. is calling it quits in Canada. The Minneapolis-based retailer announced Thursday morning that it will shutter its 133 stores north of the border after a challenging two years with its first expansion outside the U.S. Its...
  • Disneyland, holiday travel a perfect mix for measles' spread

    The measles outbreak happened at a vulnerable place and at a bad moment. Disneyland was filled with holiday tourists from around the world the week before Christmas when someone with measles spread the disease. With its packed walkways, long lines and...
  • Bank earnings: JPMorgan hit by legal costs, trading drop while Wells Fargo sees steady results

    JPMorgan Chase & Co. reported a 7 percent decline in fourth-quarter earnings Wednesday, hit by legal costs and lower trading revenue. Its results also fell short of Wall Street forecasts and sent the company's stock down 3.5 percent for the day, more...
  • Wells Fargo's earnings in the fourth quarter inch up as interest income lifts revenue

    Wells Fargo & Co. reported a slightly higher fourth-quarter profit as the country's biggest mortgage lender generated more income from interest payments. Quarterly net income rose to $5.38 billion from $5.37 billion a year earlier, the San Francisco-...