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Wells Fargo posts 2Q profit rise on cost cuts and better loan quality
Wells Fargo reported a 20 percent rise in second-quarter net income to 5.27 billion on revenue of 21.4 billion. The bank cut expenses by about 142 million and halved credit losses to 1.2 billion while refinancings slow due to higher mortgage rates.
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Wells Fargo
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Wall Street
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Wachovia
Jpmorgan Chase
Jpmorgan
New York
Chicago Merchantile Exchange
York Mercantile Exchange
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Feo
Organov
Cron
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GoldResrc
Owensrm
NY Harbor
Eas
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London
N.Y
E & Harman
Harman Harman
N.q
At&t Inc
Merck
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Microsoft
BkofAm OneokPtrs
PNM Resort
PepsiCo
Coca Colas
Pfizer
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EOG Res
SwstAir EngyTsfr
Exis
TimeWarn
TriGonti
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VerizonCm
HollyFront
WalMart
WashFec
Wells Fargo Joundag
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