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Wells Fargo's Earning Estimate Cut at Citi
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LONDON (Thomson Financial) - Wells Fargo & Co could come under pressure Wednesday after Citi cut its earnings estimates on the bank because of its exposure to home equity loan losses. Citi said it was particularly concerned by its home ... |
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LONDON (Thomson Financial) - Wells Fargo & Co could come under pressure Wednesday after Citi cut its earnings estimates on the bank because of its exposure to home equity loan losses. |
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LONDON (Thomson Financial) - Wells Fargo & Co could come under pressure Wednesday after Citi cut its earnings estimates on the bank because of its exposure to home equity loan losses. |
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Wells Fargo & Co , the No. 2 U.S. mortgage lender, said on Wednesday fourth-quarter profit fell 38 percent, the first decline in more than six years, as more people missed payments on mortgages and home equity loans. |
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Wells Fargo & Co. posted a steep drop in fourth-quarter earnings after setting aside $1.4 billion in loan-loss reserves for expected future losses in its home equity portfolio. |
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LONDON (Reuters) - A good place to see the true frontline in Microsoft's battle with Google is deep in the bowels of the British Library in London. |
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The Gary SouthShore RailCats will introduce a new owner today, a Waukegan lawyer who encourages investment in the city and wants to be a visible member of the community. Patrick Salvi and his wife, Lindy Salvi, purchased a 100 percent stake in the Ra... |
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Sept. 23 (Bloomberg) -- U.K. mortgage approvals fell to the lowest level in at least a decade in August as slumping property values deterred buyers, a report by the British Bankers' Association showed. |
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The Mortgage Bankers Association (MBA) database, which allows rigorous apples-to-apples comparisons, only goes back to 1979. It shows that today's delinquency rate is only a little higher than the level seen in 1985. ... |
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