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Wells Fargo's Record Quarter

Who knew a bank could make money these days? The stock market is up on news that Wells Fargo has posted a record first quarter, earning about $3 billion or 55 cents per share. Projections were for 26 cents a share. The news came after The New York Times reported that all 19 banks undergoing stress tests from the government are likely to pass.

April 9, 2009 7:05 AM


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