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RD Today => All the News => Business News => Topic started by: riky on December 12, 2008, 07:01:16 AM

Title: CORRECTED: Wells Fargo to take $4 billion Q4 charge: Bove (Reuters)
Post by: riky on December 12, 2008, 07:01:16 AM
CORRECTED: Wells Fargo to take $4 billion Q4 charge: Bove
    (Reuters)

 


Reuters - (Corrects third paragraph to say the analyst has revised his 2008 estimate on Wells Fargo to a profit of $2 per share. The analyst revised his estimate from a loss of $6.09 per share
after the company informed him that a fourth quarter charge of $40 billion will be a balance sheet adjustment and will not flow through the income statement)


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081212/bs_nm/us_wellsfargo_research_ladenburg