Summary
Several companies, including some based in Utah or with ties to the state, reported quarterly earnings results on Tuesday.
Wells FargoSee the full content of this document
Extract
Earnings Roundup
Rising core deposits and loans boosted first-quarter income at Wells Fargo & Co. 11 percent, despite growing problems in its subprime mortgage portfolio.
Wells Fargo, the nation's fifth largest bank, posted first- quarter profit of $2.24 billion, or 66 cents per share, up from $2.02 billion, or 60 cents per share, a year earlier.Revenue at the San Francisco-headquartered bank was $9.44 billio...See the full content of this document
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