Wells Fargo Company 3Q earnings on 10.15.08.
Wells Fargo Company (NYSE:WFC) is scheduled to announce its third quarter 2008 earnings Wednesday, October 15, 2008, at 5 a.m. PDT (8 a.m. EDT).
Since the company has already warned that they will take a hit for their investments in Fannie Mae, Freddie Mac and Lehman Brothers, this report may surprise investors who were optimistic that Wells Fargo was the best of the banking bunch. Wells has been on our Cooling Off list since we warned of the company's exposure to SIVs, CDOs and Liquidating Portfolio back in the September 2008 ezine. You can review that article online at NataliePace.com. Click on archived ezines, which is located under the online magazines option.
Wells Fargo will remain on the Cooling Off list until after the earnings announcement. Since the announcement will come after the mid-month update on Monday, watch here for the latest breaking news after the earnings announcement.
Natalie Pace
11:45 a.m.
10.10.08
Since the company has already warned that they will take a hit for their investments in Fannie Mae, Freddie Mac and Lehman Brothers, this report may surprise investors who were optimistic that Wells Fargo was the best of the banking bunch. Wells has been on our Cooling Off list since we warned of the company's exposure to SIVs, CDOs and Liquidating Portfolio back in the September 2008 ezine. You can review that article online at NataliePace.com. Click on archived ezines, which is located under the online magazines option.
Wells Fargo will remain on the Cooling Off list until after the earnings announcement. Since the announcement will come after the mid-month update on Monday, watch here for the latest breaking news after the earnings announcement.
Natalie Pace
11:45 a.m.
10.10.08
posted by NataliePace.com at
11:31 AM
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