• Wells Fargo and AT&T slide while Walmart and Terex climb

    8 monthes ago - By Chron

    NEW YORK - Stocks that moved substantially or traded heavily on Friday:
    Wells Fargo & Co., down 67 cents to $55.36
    The bank's profit disappointed investors as a scandal over fraudulent accounts continued to affect its business.
    Citigroup Inc., down $1.51 to $67
    The bank's revenue growth was relatively weak even though the U.S. economy continues to grow.
    AT&T Inc., down 56 cents to $31.67
    The Department of Justice said it will appeal a ruling that allowed AT&T to buy Time Warner.
    Northrop Grumman Corp., down 40 cents to $321.73
    The defense contractor said chairman and CEO Wes Bush is...
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  • Wells Fargo's loan book shrinks, profit misses estimates

    8 monthes ago - By Reuters

    Wells Fargo & Co said on Friday its loan book shrank and it raked in less fee revenue than a year ago, factors that contributed to lower-than-expected quarterly profit and sent its shares down nearly 2 percent.
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