Wells Fargo & Company
News and overview for Wells Fargo & Company
Insurance Firm Deploys Riverbed to Improve Disaster Recovery and Achieve LAN-Like Speeds for Branch Offices [Press Release]
MarketWire | 41 days 9 hours 50 minutes ago
SAN FRANCISCO -- (Marketwire) -- 10/13/09 --
SunPower Completes 1-Megawatt Solar Tracking System at UC Merced [Press Release]
PRNewswire | 13 days 8 hours 50 minutes ago
...assumptions. The company uses words and phrases...b) financing by Wells Fargo; and (c) environmental...available to the company as of the date of...conditions in the Wells Fargo facility; and...described in the company's Quarterly Report...
NMSDC Recognizes Top Regional Minority Suppliers [Press Release]
PRNewswire | 42 days 5 hours 38 minutes ago
...overcome challenges brought on by the company owner's heritage or background...Constructors, a 10-year-old company that provides general contracting...Wachovia Bank, the Walt Disney Company and Wells Fargo. The Hispanic-owned firm was...
MGM MIRAGE Management to Present at Wells Fargo Securities Consumer Growth Conference [Press Release]
PRNewswire | 27 days 10 hours 50 minutes ago
...MIRAGE Management to Present at Wells Fargo Securities Consumer Growth...MIRAGE management will make a Company presentation today at the Wells Fargo Securities Consumer Growth...MIRAGE, please visit the Company's Web site at http...
Banks: Winners And Losers
Forbes | 27 days 7 hours 39 minutes ago
The banking industry has enjoyed a strong rally since March. Both Citigroup and Bank of America are up approximately 75% from their March 9 closing prices, with Citi closing at $4.27 on Oct. 26 and BofA closing at $15.40. But just because these stocks have gone up doesn't mean they'll continue to do so. Several investment advisers and banking analysts are leery of Citi and BofA. Instead, buy Morgan Stanley and Goldman Sachs, they say.
Wells Fargo Private Bank names mid-South leader
American City Business Journals | 40 days 9 hours 33 minutes ago
Wells Fargo Private Bank named James M. “Jim” Creamer as its regional manager for the mid-South region.
Netflix to refinance new credit line
Video Business Online | 21 days 3 hours 37 minutes ago
NOV. 2 | PHYSICAL: Netflix will sell $200 million worth of debt, using some of the proceeds to refinance its six-week old credit line.
Wells Fargo reports record profits - Oct. 21, 2009
CNNMoney.com/Fortune | 33 days 15 hours 9 minutes ago
NEW YORK (CNNMoney.com) -- Wells Fargo reported record profits of $3.2 billion, the company said Wednesday, nearly doubling the amount of money it made just a year ago.
RPM Selects Wells Fargo as New Stock Transfer Agent [Press Release]
PRNewswire | 47 days 5 hours 17 minutes ago
RPM Selects Wells Fargo as New Stock Transfer...services holding company, today announced that it has named Wells Fargo Bank, N.A. as...online through the Wells Fargo website, www...Inc., a holding company, owns subsidiaries...
Kapow Technologies and StrikeIron Bring Enterprise Class Web Data Services to SMB Market [Press Release]
PRNewswire | 53 days 15 hours 16 minutes ago
...StrikeIron is a portfolio company of Ascent Venture Partners...and public web data. The company's Kapow Web Data Server...customers, including AT&T, Wells Fargo, Intel, Vodafone and Audi. The company is headquartered in Palo...
Wells Fargo boosts rewards program
American City Business Journals | 5 days 10 hours 33 minutes ago
Wells Fargo & Co. has expanded its rewards program by adding an online shopping site that allows members to earn bonus points for purchases they make at participating online merchants.
Martin Marietta picks Wells Fargo to sell shares in $62 million fundraiser
American City Business Journals | 4 days 11 hours 11 minutes ago
Raleigh-based Martin Marietta Materials (NYSE:MLM) has signed a distribution agreement with Well Fargo Securities to distribute up to 1.
Penn National Gaming to Participate in Wells Fargo Securities Consumer Growth Conference on Wednesday October 28 [Press Release]
Business Wire | 32 days 7 hours 5 minutes ago
Penn National Gaming, Inc. (Nasdaq: PENN) announced today that its Chief Financial Officer, William J. Clifford, will participate in an audio webcast in conjunction with the Company’s presentation at the Wells Fargo Securities Consumer Growth Conference to be held at The New York Palace Hotel on Wednesday, October 28, 2009 at 8:30 a.m. ET.
Kapow Technologies Earns Accreditation for IBM Information On Demand [Press Release]
PRNewswire | 27 days 9 hours 50 minutes ago
...time enterprise and public Web data. The company's flagship Kapow Web Data Server powers...more than 300 customers, including AT&T, Wells Fargo, Intel, DHL, Vodafone and Audi. The company is headquartered in Palo Alto, Calif. with...
Unlocking the MSR Mystery
Wall Street Journal, The | 32 days 12 minutes ago
It isn't often that an obscure asset knocks the stuffing out of a big stock.
Company Overview
| Company: | Wells Fargo & Company |
|---|---|
| Industry: | Money Center Banks |
| Website: | http://www.wellsfargo.com |
This stagecoach likely makes a stop near you. One of the top banks in the US, Wells Fargo has about 6,600 bank branches in some 40 states, and more than 4,000 mortgage and consumer finance offices nationwide. Services include consumer and business banking, investment management, insurance, and venture capital investment. A top residential mortgage lender in the US, Wells Fargo is also one of the largest mortgage servicers. The company is a banking industry leader in insurance brokerage through its Wells Fargo Insurance Services subsidiary, as well as leading in mutual funds, online banking, and online brokerage services. In 2008 Wells Fargo bought Wachovia, which increased its assets to some $1.3 trillion.
Key Numbers
| Sales in U.S. Dollars (mil.) | 41,897 (2008) |
|---|---|
| One-year % Growth in Sales | 6.4 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,655 (2008) |
| One-year % Growth in Net Income | -67.0 (2008) |
| Number of Employees | 281,000 (2008) |
| One-year % Growth in Number of Employees | 75.8 (2008) |
| Fiscal Year-End | December |