Wednesday, April 22, 2009

Today's Fly Or Die Commerce Report

According to The Wall Street Journal, Wells Fargo & Co. Had a 52% increase in their net income in the first quarter of this year. Analysts are attributing this to the company's purchase of Wachovia Corporation, and an increase in mortgage refinancings.

The Wall Street Journal states that Wells Fargo is America's fourth largest lender.

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