Wells Fargo First Quarter Earnings Information

Wells Fargo First Quarter Earnings Information
Wells Fargo & Company (NYSE: WFC) is scheduled to announce its first quarter 2009 earnings Wednesday, April 22, 2009, at 5 a.m. PDT (8 a.m. EDT). The news release will be available at wellsfargo.com/invest_relations/earnings.
Howard Atkins, chief financial officer, will review the quarter in a recorded message. The recording will be […]

Wells Fargo/Gallup Survey: Many Business Owners May Not Have Enough Green to Go Green

Wells Fargo/Gallup Survey: Many Business Owners May Not Have Enough Green to Go Green
The majority continue to make environmental efforts, but many say the economy has affected their plans
Although the majority of business owners say they are doing at least “everything that can be justified by cost” to help the environment, many say the economy […]

Changes to Wachovia Hybrid and Preferred Securities Financial Index

Changes to Wachovia Hybrid and Preferred Securities Financial Index
Wells Fargo & Company (NYSE: WFC) announced it is making changes to the Wachovia Hybrid and Preferred Securities Financial Index (the “Index”) methodology in response to recent market conditions.
In order to be eligible to be included in the Index, preferred securities and similar instruments will no longer […]

Wells Fargo Finances 125 Commercial-Scale Solar Photovoltaic Projects

Wells Fargo Finances 125 Commercial-Scale Solar Photovoltaic Projects
Helps unlock value in renewable energy markets
Wells Fargo & Company (NYSE: WFC) today announced that it has financed 125 commercial-scale solar photovoltaic (PV) projects since fall 2007. The projects have 43 megawatts of installed capacity in ten states and can generate enough solar energy to power the equivalent […]

Wells Fargo to Reduce Quarterly Common Stock Dividend Preserves $5 billion annually to strengthen balance sheet, grow Company Strong quarter-to-date operating results Wachovia merger integration fully on-track Reconfirms merger expense saves

Wells Fargo to Reduce Quarterly Common Stock Dividend
Preserves $5 billion annually to strengthen balance sheet, grow Company
Strong quarter-to-date operating results
Wachovia merger integration fully on-track
Reconfirms merger expense saves
Wells Fargo & Company (NYSE: WFC) announced today that its Board of Directors will reduce the quarterly common stock dividend from $.34 to $.05 per share. The next dividend […]

Wells Fargo to Implement President Obama’s Homeowner Affordability and Stability Plan Refinances and National Modification Program Expected to Lower Mortgage Payments for More Borrowers

Wells Fargo to Implement President Obama’s Homeowner Affordability and Stability Plan
Refinances and National Modification Program Expected to Lower Mortgage Payments for More Borrowers
Wells Fargo Home Mortgage – the nation’s largest home mortgage originator, second largest mortgage servicer and part of Wells Fargo & Company (NYSE: WFC) – said it fully supports and will implement the […]

Wells Fargo Expands Market Leadership in Treasury Management

Wells Fargo Expands Market Leadership in Treasury Management
Three independent industry analysts’ reports show Wells Fargo & Company (NYSE: WFC) has increased its treasury management leadership in market size, client satisfaction, and product quality rankings as a result of its merger with Wachovia last year.
“The customer focus that made each company a treasury management leader before […]

Mary Coffin, EVP, Wells Fargo Home Mortgage Servicing, Testifies Before the Subcommittee on Housing Financial Services Committee

Mary Coffin, EVP, Wells Fargo Home Mortgage Servicing, Testifies Before the Subcommittee on Housing Financial Services Committee
Chairwoman Waters, Ranking Member Capito and Members of the Subcommittee, I’m Mary Coffin, head of Wells Fargo Home Mortgage Servicing.
Throughout this crisis, the mortgage industry and the government have collaborated on ways to reduce foreclosures and stabilize the economy. […]

Wells Fargo Supports President’s Proposed Homeowner Affordability and Stability Plan Wells Fargo extends foreclosure moratorium

Wells Fargo Supports President’s Proposed Homeowner Affordability and Stability Plan
Wells Fargo extends foreclosure moratorium
Wells Fargo Home Mortgage – the nation’s largest home mortgage originator and second largest mortgage servicer and part of Wells Fargo & Company (NYSE: WFC) – said today it supports the spirit of the Administration’s mortgage refinancing and foreclosure prevention plan and […]

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company (NYSE: WFC) today announced dividends on three series of preferred stock.
A quarterly cash dividend of $20 per share was declared on its 8.00% non-cumulative perpetual class A preferred stock, Series J, liquidation preference $1,000 per share. This dividend equals $0.50 per depositary […]