Yesterday morning, Wells Fargo posted a cosmetically pleasing profit of $3.2 billion, or double the tally from the same quarter last year.
October 23rd, 2009 | Eric J. Fry | 0 comments | ContinuedAll Posts Tagged With: "Dick Bove"
Separating the Short-term Trends in Financial Markets from the Long-term Trends in Geopolitical History
The Dow Jones slipped under 10,000 at the end of the day Wednesday largely because analyst Dick Bove changed his call on Wells Fargo from “neutral” to “sell.” Bove said the quality of the company’s third quarter earnings was, “pretty poor.” “If you take a close look at the earnings, what you can see is that the improvement is due to a hedging profit…
October 22nd, 2009 | Dan Denning | 4 comments | Continued
