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Tag Archives: Wells Fargo

Overnight Market News – December 15, 2009

15-Dec-09

Wells Fargo & Co to Raise USD 10.4B from Share Sale, to Repay USD 25B TARP Bailout Abu Dhabi May Increase Control Over Dubai After Offering USD 10B to its Debt-Laden Neighbor US Taxpayers Expected to Earn Profit of between USD 13B and USD 14B from Citigroup Inc’s Bailout Repayment UK Inflation Rose More than [...]

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Goldman Sachs Statement Pushes US Bank Shares Higher

06-Oct-09

Goldman Sachs Group Inc pushed up shares of U.S. banks yesterday, after saying that the market has not recognized the significant improvement in earnings potential at big banks. Goldman Sachs boosted ratings on Wells Fargo & Co. to “Buy” from “Neutral”, added Capital One Financial Corp. to its “Conviction Buy” list and reaffirmed the “Conviction [...]

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Overnight Market News – September 2, 2009

02-Sep-09

Wells Fargo & Co Plans to Repay US Government USD 25B in Bailout Funds Shortly, Without Additional Stock Offering BP Plc Announces “Giant” Oil Find in Gulf of Mexico, Details on Size and Commerciality of the Discovery are Still Undetermined General Motors Corp’s Reports its China Vehicle Sales in August Jumped 112.7% to 152,365 Units [...]

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