Wells Fargo Profits rise on Improving Housing

Wells Fargo profits rise on improving housing (via AFP)

Wells Fargo reported Friday a 22 percent increase in quarterly earnings compared with last year, as credit quality continued to increase with the improving housing market. Net income for the quarter rose to $5.2 billion on $21.3 billion in revenues, compared with $4.2 billion on revenues of $21.6 billion…

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