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Wells Fargo has taken ownership of a large resort in northern Minnesota and recently hired a Twin Cities commercial brokerage firm to market the property. Full Article at Minneapolis Star Tribune
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Rolfe Winkler says suggestions that the current financial crisis was not as bad as the Great Depression are wrong and he offers this chart as evidence: If you add JP Morgan and Wells Fargo to the chart, it looks much worse. Full Article at Economist's View
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Jay Wright has been named president of Constellation Wines North America. He succeeds Jose F. Fernandez, who has taken a leave of absence due to medical reasons. Full Article at Santa Rosa Press Democrat
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Bank of America raises $19.29 billion from a securities offering and pays the Government back the $45 Billion it borrowed to stay afloat. Full Article at TransWorldNews
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Wells Fargo, citing the need to make cuts in its Menomonee Falls real estate resource center, will permanently lay off 26 employees beginning in February 2010. Full Article at Business Journal of Milwaukee
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Ellen Kullman learned she would be the 19th top executive at the DuPont Co. in late September 2008, as storied financial institutions were crumbling and American capitalism itself seemed to be under siege. Full Article at The Delaware News Journal
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daughter of the homeowner explained, "We've sold cars, furniture, everything we could to put food on the table.'' County. month last year. Deputy Robert Aviles rapped lightly on the door of a house on Sunbrook Court. Full Article at The San Jose Mercury News
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ASHEVILLE — Wachovia-Wells Fargo presented a $10,000 check to kick off the fundraising and planning phase of the Asheville City Schools Foundation's Listening To Our Teens Network. Full Article at The Asheville Citizen-Times
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But even the professionally wary can be gulled - or close to it. Just ask Robert S. Mueller III, the director of the FBI. Mueller recently received an e-mail message that seemed to be from his bank. Full Article at San Francisco Chronicle
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A special showing of “Blind Side” was a side benefit for participants who donated non-perishable food items and cash donations to the Wells Fargo Advisors Paris community project held Thursday at Movies 8 in Paris. Full Article at The Paris News
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Danielle Orsillo scored 13 points and sparked a key first-half run that lifted No. 15 Arizona State to a 62-52 victory over Pepperdine in the final of the ASU Classic on Saturday at Wells Fargo Arena. Full Article at AZ Central.com
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NEW YORK — Drew Schlosser tried for two years to sell his three-bedroom waterfront condominium in Punta Gorda, Fla. , for less than he owed on its two mortgages. Full Article at Austin American-Statesman
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ONE OF THE GUYS: Trent Lockett, sitting far right, poses with the Arizona State mens basketball team for a team photo on Oct. 15, 2009, at Wells Fargo Arena in Tempe. Page Too: You’re from Minnetonka, Minnesota. Where is that and what is it like? Full Article at East Valley Tribune
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Dick Kovacevich, chairman of Wells Fargo, reflected Friday on the bank’s acquisition of Wachovia, a move that instantly transformed Wells Fargo into one of the biggest banks in Florida and the nation’s fourth largest. Full Article at TampaBay.com | St. Petersburg Times
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This was a wild week, and perhaps a disappointment that the news did not propel stocks even higher. Full Article at 24x7 Wall St.
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DCP Midstream Partners, L.P. (NYSE: DPM) and DCP Midstream, LLC will present at the Wells Fargo Securities Pipeline & MLP Symposium. The conference is being held in New York City at the New York Palace Hotel. Full Article at TransWorldNews
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Magellan Midstream Partners, L.P. (NYSE: MMP) will present at the Wells Fargo Pipeline and MLP Symposium. The company's Chief Financial Officer, John Chandler, will host the presentation. Full Article at TransWorldNews
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It's easy. Send a link to the story you were just reading to a friend. Just fill out the form on this page and we'll send it along. Your name and e-mail address are transmitted to the recipient. Full Article at Deseret News
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The local calendar is overflowing with holiday-related events this weekend. There are plenty of opportunities to support local charities, do a little Christmas shopping and just get into the holiday spirit. Full Article at Lawrence Journal World
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Baylor University is breaking down barriers between the school and its surrounding community. First, Baylor announced that they’re crossing the Brazos River when the Central Texas Research and Technology Park opens in 2012. Full Article at Waco Tribune-Herald
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Bank of America Corp. Chief Executive Kenneth Lewis speaks to reporters at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009. Behind him are US Bancorp.
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OAKLAND, CA - JULY 22: A pedestrian walks by a Wells Fargo Bank office July 22, 2009 in Oakland, California.
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OAKLAND, CA - JULY 22: A sign is displayed in front of a Wells Fargo Bank office July 22, 2009 in Oakland, California.
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OAKLAND, CA - JULY 22: A pedestrian walks by a Wells Fargo Bank office July 22, 2009 in Oakland, California.
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OAKLAND, CA - JULY 22: Pedestrians walk by a Wells Fargo Bank office July 22, 2009 in Oakland, California.
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OAKLAND, CA - JULY 22: A customer uses an ATM at a Wells Fargo Bank office July 22, 2009 in Oakland, California.
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NEW BRUNSWICK, NJ - MAY 28: Job seekers speak to recruiters at the Wells Fargo stand at the New Jersey Collegiate Career Day hosted by Rutgers University on May 28, 2009 in New Brunswick, New Jersey. Over 150 employers attended the fair aimed at experienced and entry level candidates.
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Traders gather at the post that handles Wells Fargo on the floor of the New York Stock Exchange Monday, May 4, 2009.
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SAN FRANCISCO - MAY 04: A Wells Fargo customer enters a bank branch May 4, 2009 in San Francisco, California.
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SAN FRANCISCO - MAY 04: A pedestrian walks by the Wells Fargo headquarters May 4, 2009 in San Francisco, California.
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Graphic shows quarterly earnings for Wells Fargo & co. and includes the KBW Bank index.
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CHICAGO - APRIL 09: A Wells Fargo sign hangs above the entrance of a Wells Fargo home mortgage office on April 9, 2009 in Chicago, Illinois. Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit exceeding analysts' expectations.
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CHICAGO - APRIL 09: A Wells Fargo sign hangs on the door of a Wells Fargo home mortgage office on April 9, 2009 in Chicago, Illinois. Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit exceeding analysts' expectations.
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CHICAGO - APRIL 09: A Wells Fargo sign hangs above the entrance of a Wells Fargo home mortgage office on April 9, 2009 in Chicago, Illinois. Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit exceeding analysts' expectations.
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CHICAGO - APRIL 09: A Wells Fargo sign hangs above the entrance of a Wells Fargo home mortgage office on April 9, 2009 in Chicago, Illinois. Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit exceeding analysts' expectations.
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WASHINGTON - MARCH 27: John Stumpf, CEO Wells Fargo, talks to reporters after a meeting with U.S. President Barack Obama at the White House March 27, 2009 in Washington, DC.
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WASHINGTON - MARCH 27: John Stumpf, CEO Wells Fargo, talks to reporters after a meeting with U.S. President Barack Obama at the White House March 27, 2009 in Washington, DC.
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(L-R) Bank of New York's Chief Executive Robert Kelly, Wells Fargo's Chief Executive John Stumpf, US Bank Corp. Chief Executive Richard Davis, and Bank of America Corp.
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Wells Fargo bank CEO John Stumpf leaves the White House in Washington on March 27, 2009 after a meeting of the heads of the country's largest banks with US President Barack Obama.
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(L-R) Bank of New York's Chief Executive Robert Kelly, Wells Fargo's Chief Executive John Stumpf, US Bank Corp. Chief Executive Richard Davis and Bank of America Corp.
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Wells Fargo Chief Executive Officer John Stumpf , at microphone, accompanied by fellow chief executives, speaks outside the White House in Washington, Friday, march 27, 2009, following a meeting between chief executives and President Barack Obama.
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John Stumpf, CEO of Wells Fargo bank, speaks to the press at the White House in Washington, DC on March 27, 2009 after a meeting of the heads of the country's largest banks with US President Barack Obama.
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A branch of Wells Fargo bank is shown in San Francisco, Thursday, April 9, 2009. Wells Fargo & Co. said Thursday it expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates and providing an encouraging sign for the banking industry.
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Protestors march in front of a Wells Fargo bank building during a rally in the financial district in San Francisco, California March 19, 2009.
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Specialist Samer Farhood, left, who trades Wells Fargo, works his post on the trading floor of the New York Stock Exchange Friday, March 6, 2009.
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OAKLAND, CA - JULY 22: A pedestrian walks by a Wells Fargo Bank office July 22, 2009 in Oakland, California.
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The bank has launched a full internal investigation of allegations that a team member was improperly using a bank-owned residential property in Malibu, California
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The Hawaiian Pony Express cover ... has a rare $4 denomination Wells Fargo Pony Express stamp and it carried documents from the U.S. Consulate in Oahu, Hawaii to the U.S. Treasury Department in Washington, DC. in August 1861
SOURCE: The Honolulu Advertiser -
If soaring financials like Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) have increased the risk level of your portfolio … consider diversifying into blue chips in other sectors such as PepsiCo (NYSE: PEP) and Johnson & Johnson (NYSE: JNJ).
SOURCE: Motley Fool -
Bank of America’s surprise move to pay back $45 billion in federal bailout money ratchets up pressure on rivals Wells Fargo and Citigroup to get out from under the government’s thumb. But don’t expect it to happen anytime soon ... would join JPMorgan Chase & Co., Morgan Stanley, and Goldman Sachs Group ...
SOURCE: MSNBC -
These donations are a blessing to these families ... The money reflects the generosity of companies like Lockheed Martin, BAE Systems, Bank of America and Wells Fargo, as well as very caring individuals. Operation Homefront is honored to be able to help facilitate getting the assistance to the families ...
SOURCE: PR Newswire -
Wells Fargo convinced thousands of investors to purchase auction-rate securities with promises of robust returns and liquidity, but when the market collapsed, investors were left out in the cold ... Based on misleading advice, investors bought these risky securities. Now, retail investors and small busi...
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In good economic times and bad, customers expect to be rewarded for their business and their loyalty ... At Wells Fargo, we have enhanced our rewards program as a way to further demonstrate our appreciation for that loyalty.
– Bob Ryan SOURCE: New Mexico Business Weekly -
Now if you'll excuse me, I have to go eat lunch with representatives from Goldman Sachs, Wells Fargo and Pfizer.
SOURCE: The Politico -
Some lawmakers have profited from investments in companies that have received federal bailouts; dozens of lawmakers are invested in Wells Fargo, Citigroup, Goldman Sachs and Bank of America.
SOURCE: Associated Content -
Illinois and Southeast Wisconsin are terrific markets for Wells Fargo ... Continuing to expand these markets in particular is a big focus for Commercial Banking’s national strategy.
SOURCE: ChicagoBusiness.com -
Wells Fargo (WFC) said early Friday that it would pay 0.1991 of a share of common stock in exchange for each common share of Wachovia Bank (WB) in a deal worth $15B. Berkshire Hathaway is the largest shareholder of WFC. That's a whopping potential for over $30B in deals with up to $16B in cash.
SOURCE: Town Hall -
If you belong to a community bank, I'd also open an account at a medium or large bank ... You want to disperse your risk. You don't necessarily have to put it in a JPChase or Wells Fargo, although that's not a bad idea.
SOURCE: WalletPop -
We’re pretty convinced that the public is very upset with these big banks, and they don’t have much use for them anymore ... I can’t beat Wells Fargo and Bank of America nationally, but I can certainly beat their branch across the street.
SOURCE: The New York Times -
Wells Fargo became one of the nation's largest banks in large part because of the hard work and dedication of its employees, including those that keep its computer systems operating properly
SOURCE: Des Moines Register -
We like the stocks that we have such as Johnson & Johnson, Wells Fargo. Our thinking is that the stronger get stronger and good management will prevail. Look at the commercial/industrial mortgage problem. There are 100 regional banks in this and say they all go bankrupt. That means there’s opportunities...
SOURCE: National Post -
Attorney General Jerry Brown has been sitting on evidence since April 2009, that Wells Fargo was actually talking about auction rare securities risk in internal e-mails, in November of 2007. Yet AG Brown has yet to do anything about it? The question is why?
SOURCE: Emediawire.com -
We're the last financial services institution standing. We haven't needed any kind of government bailout. We're positively capitalized. As for risk, if we have some sort of double-dip recession, the impacts to FHA will be the same as to Chase Manhattan, Wells Fargo, the United States Treasury, and every...
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I am very grateful that Wells Fargo is helping to stabilize our community
SOURCE: Fort Worth Star-Telegram -
Wells Fargo has made a major commitment to the government and institutional space by supporting the expansion of our business with these key hires
SOURCE: Street Insider -
Alexi Giannoulias brought Wells Fargo to the table and helped save the jobs of workers at Hartmarx and has created opportunity for Illinois residents as state treasurer
SOURCE: Chicago Sun-Times -
U.S. equities tanked on the Wells Fargo sell recommendation but the market is still happy to sell dollars and this may be a buy-on-dips opportunity
SOURCE: Bloomberg.com -
U.S. banks are down today because of Wells Fargo
SOURCE: Bloomberg.com -
Credit is still an issue for all banks, but Wells Fargo has more flexibility to manage
SOURCE: Contra Costa Times
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