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Wells Fargo Offering Larger Than A Super-IPO (WFC, WB, BRK-A)

Wells Fargo & Company (NYSE: WFC) has priced that monster share offering. Rather than $10 billion being raised, it is more like $11 billion. The banking giant priced 407.5 million shares at $27.00 per share. The stock closed down 9% today on the news that the offering was coming. It closed down about 8.5% yesterday in the post-election selling. And shares are down 4.7% in after-hours trading at $27.40 tonight.

Trading Radar for 10/15: JPMorgan (JPM), Wells Fargo (WFC), eBay (EBAY), Abbott (ABT), AMR (AMR) Report; PPI, Retail Sales for Sept., Beige Book Due

Trading Radar for 10/15: JPMorgan (JPM), Wells Fargo (WFC), eBay (EBAY), Abbott (ABT), AMR (AMR) Report; PPI, Retail Sales for Sept., Beige Book Due

Technical Trade Alerts on Market Movers: HPQ, WFC, RIMM, EBAY, CELG, AAPL, CME

(EMAILWIRE.COM, October 10, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of a Trade Alerts several companies making moves in a weak market: Hewlett-Packard Co. (NYSE: HPQ), Wells Fargo & Company (NYSE: WFC), Research in Motion Ltd. (Nasdaq: RIMM), eBay Inc. (Nasdaq: EBAY), Celgene Corp. (Nasdaq: CELG), Apple Inc. (Nasdaq: AAPL) and CME Group Inc. (Nasdaq: CME). In the Trade Alert, the author highlights Hewlett-Packard’s appointment to the “Leaders Quadrant,” as well as the company’s partnership with MySpace: “HP provides various products, technologies, software, solutions and services worldwide. … Recently, the company announced industry analyst firm Gartner Inc. has placed it in the Leaders Quadrant in its Magic Quadrant for Managed Print Services Worldwide.

Stifel Nicolaus Upgrades Wells Fargo (WFC) to Hold

Morning Movers 10/10: Morgan Stanley (MS) Slammed Again on Liquidity Fears, Moody's Downgrade; Wachovia (WB) Up

Beacon Equity Issues Technical Trade Alerts on Market Movers: HPQ, WFC, RIMM, EBAY, CELG, AAPL, CME

DALLAS, Oct. 9 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.

Beacon Equity Issues Technical Trade Alerts on Market Movers: HPQ, WFC, RIMM, EBAY, CELG, AAPL, CME

DALLAS, Oct. 9 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting:

Beacon Equity Issues Technical Trade Alerts on Market Movers: HPQ, WFC, RIMM, EBAY, CELG, AAPL, CME

PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.

Market Pulse Announces Its AM Stock Picks for Wednesday, October 1, 2008: WFC, PRRY, ORCL, JAVA

ATLANTA, Oct. 1, 2008 (GLOBE NEWSWIRE) -- Market Pulse is pleased to announce the following stock picks. Bernard Schmitt of Market Pulse states, ``These particular stocks should be closely watched due to existing fundamental and technical factors affecting each company.'' Bernard possesses many years of experience in the financial industry evaluating and picking stocks. He rates them as follows:

Movers: Wells Fargo, JPMorgan, Intel, Coca-Cola

Wells Fargo (WFC) posts $0.49, vs. $0.64 a year ago, third quarter EPS on 21% higher net interest income, 5.4% revenue rise. The bank says it saw a tremendous inflow of deposits in the latter part of the quarter, especially at the end of September, reflecting what it believes is a significant flight to quality. It says the Wachovia (WB) merger is on track to close at the end of the fourth quarter.

Movers: Wells Fargo, JPMorgan, Intel, Coca-Cola

Wells Fargo (WFC) posts $0.49, vs. $0.64 a year ago, third quarter EPS on 21% higher net interest income, 5.4% revenue rise. The bank says it saw a tremendous inflow of deposits in the latter part of the quarter, especially at the end of September, reflecting what it believes is a significant flight to quality. It says the Wachovia (WB) merger is on track to close at the end of the fourth quarter.

Movers: Wells Fargo, Wachovia, Citigroup, ImClone, eBay

Wells Fargo (WFC) says appellate court has entered an order vacating New York Supreme Court Justice Charles Ramos's order of Oct. 4 that granted emergency injunctive relief extending Exclusivity Agreement between Citigroup (C) and Wachovia (WB) until further order of court. Separately, WSJ says Federal Reserve Bank of New York was discussing potential compromises that could result in carving up WB between its two suitors.

Wells Fargo to Present at Merrill Lynch 2008 Banking & Financial Services Conference

Wells Fargo & Company (WFC) said today that Chief Financial Officer Howard Atkins is scheduled to deliver a presentation at the Merrill Lynch 2008 Banking & Financial Services Conference in New York on Thursday, November 13, at 8 a.m. Eastern Time.

Federal Reserve approves Wells Fargo purchase of Wachovia

(RTTNews) - Wells Fargo & Co. (WFC: News ) said Sunday that its takeover of beleaguered bank Wachovia Corp. (WB: News ) and its subsidiary banks has been approved by the Federal Reserve. The Fed approval, which seemed timed to precede the opening of the wobbly financial markets on Monday, requires Wells Fargo to wait for five days before completing the acquisition. Wells Fargo had topped a competing bid for Wachovia from Citigroup Inc. (C: News ) last week.

Federal Reserve approves Wells Fargo purchase of Wachovia - Update

(RTTNews) - Wells Fargo & Co. (WFC | Quote | Chart | News | PowerRating) said Sunday that its takeover of beleaguered bank Wachovia Corp. (WB | Quote | Chart | News | PowerRating) and its subsidiary banks has been approved by the Federal Reserve. The Fed approval, which seemed timed to precede the opening of the wobbly financial markets on Monday, requires Wells Fargo to wait for five days before completing the acquisition. Wells Fargo had topped a competing bid for Wachovia from Citigroup Inc. (C) last week.

Wells Fargo to sell $10 billion stock to fund Wachovia deal

NEW YORK (Reuters) - Wells Fargo & Co (WFC.N: Quote, Profile, Research, Stock Buzz) said on Wednesday it plans to sell at least $10 billion of stock to help fund its purchase of Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz), which will create the fourth-largest U.S. bank by assets.

Federal Reserve Board Approves Wells Fargo's Application to Merge with Wachovia Corporation

SAN FRANCISCO--Wells Fargo & Company (NYSE:WFC) said today that the Board of Governors of the Federal Reserve has approved its application to merge with Wachovia Corporation (NYSE: WB) including all its subsidiaries, and the share exchange agreement previously entered into between Wachovia and Wells Fargo. The approval is an important step forward in the transaction, which still requires the approval of Wachovia shareholders. The merger is on schedule to be completed by the end of this year. Wells Fargo & Company is a diversified financial services company with $609 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the internet (wellsfargo.com) across North America and elsewhere internationally.

Wells Fargo to Present at Merrill Lynch 2008 Banking & Financial Services Conference

SAN FRANCISCO - (Business Wire) Wells Fargo & Company (NYSE:WFC) said today that Chief Financial Officer Howard Atkins is scheduled to deliver a presentation at the Merrill Lynch 2008 Banking & Financial Services Conference in New York on Thursday, November 13, at 8 a.m. Eastern Time.

Wells Fargo Q3 profit falls 25%; EPS beats analysts' estimate - update 1

(RTTNews) - Financial services company Wells Fargo & Co. (WFC), which has agreed to buy beleaguered bank Wachovia Corp. (WB), Wednesday reported a 25% decline in third-quarter profit, hurt by write-downs for investments in troubled financial firms. Although earnings per share were down 23% from last year, it came in above analysts' forecast. The company also said that the Wachovia merger is on track for a fourth quarter close.

Wells Fargo's Merger With Wachovia to Proceed as Whole Company Transaction With All of Wachovia's Banking Operations

SAN FRANCISCO-- (BUSINESS WIRE) -- Wells Fargo & Company (NYSE:WFC) said today that it and Citigroup, Inc. (NYSE:C) have terminated discussions concerning a possible sale of certain banking assets of Wachovia Corporation (NYSE:WB) and reaffirmed that it is proceeding with its merger with Wachovia Corporation as a whole company transaction with all of Wachovia

StarPound Technologies Releases Next Generation of Open-Source Software for Unified Communications, Business Process Management

Trading Radar for 10/15: JPMorgan (JPM), Wells Fargo (WFC), eBay (EBAY), Abbott (ABT), AMR (AMR) Report; PPI, Retail Sales for Sept., Beige Book Due

RBC CUTS WELLS FARGO PRICE TARGET TO $32 FROM $38; RATING OUTPERFORM

NEW YORK, Oct 10, 2008 (Thomson Financial via COMTEX) -- WFC | Quote | Chart | News | PowerRating -- RBC CUTS WELLS FARGO PRICE TARGET TO $32 FROM $38; RATING OUTPERFORM Chuck Mikolajczak cm

New Wells Fargo Adapter for Oracle Enables Fast, Affordable Payments Automation

SAN FRANCISCO & REDWOOD SHORES, Calif. - (Business Wire) Wells Fargo & Company (NYSE:WFC) and Oracle (NASDAQ:ORCL) today announced the release of the Wells Fargo Adapter, software that quickly and affordably integrates Wells Fargo treasury management services with the Oracle

Wells Fargo Offers $250,000 in Assistance for Southern

To help victims of the Southern California wildfires, Wells Fargo & Company WFC said today it is contributing $250,000 to several local agencies across Los Angeles, Orange and Riverside counties, including the American Red Cross Wildfire Disaster Relief Fund, to help with relief and rebuilding efforts.

Firms extend talks over Wachovia purchase

CHARLOTTE, N.C., Oct. 9 (UPI) -- Talks between Citigroup and Wells Fargo (NYSE:WFC) over the purchase of North Carolina's Wachovia Corp. (NYSE:WB) have been extended to Friday, Wachovia said.

The World's 10 Safest Banks

Of the above ten banks, Lloyds TSB (LYG) , BNP Paribas (BNPQY.PK) and Wells Fargo (WFC) are listed in the USA.

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