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Wells Fargo's Rising Expenses Take a Bite Out of Its Outlook
By:
DailyFinance.com
Posted on May 11, 2011 at 05:00 AM EDT
DailyFinance.com : Wells Fargo's (WFC) stock dropped by about 5% after it announced its earnings last month, due to lower than expected home mortgage originations in the first quarter compared to the previous quarter. While rising interest rates could be one factor at ... Read more
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