Wells Fargo & Co (WFC) Earnings: How Does Fed Taper Impact Housing Market In First Quarter? - Presented by: The Aol. On Network

Wells Fargo & Co. (NYSE: WFC) issued fiscal fourth-quarter net income of $5.37 billion, or $1 per share, compared with $4.86 billion, or 91 cents per share, a year earlier. Wall Street had expected the bank to post earnings of 98 cents per share, according analysts polled by Reuters. Shares of Wells Fargo rose 0.09 percent to $45.60 in afternoon trading. Jonathan Corpina, senior managing partner with Meridian Equity Partners Inc. , weighed in on JPMorgan and Wells Fargo earnings on Tuesday a



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