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Reuters: Wells Fargo to write down $40 billion in Q4: Bove

Started by chris, December 11, 2008, 09:59:22 PM

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chris

Wells Fargo to write down $40 billion in Q4: Bove
      


(Reuters) - Ladenburg Thalmann's Richard Bove cut his price target on Wells Fargo &amp; Co  and said the bank intends to write-off $40 billion in the fourth quarter related to the acquisition of Wachovia Corp .<div class="feedflare">
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