Wells Fargo Expects $3 Billion First Quarter Profit

April 9, 2009 9:26 AM |
Wells Fargo & Co. (NYSE: WFC) projected $3 billion in profits for the first quarter of the year sending the stock price soaring $3.04 to $17.93.   Shares of Bank of America (NYSE: BAC) leaped $1.45 to $8.51 and JPMorgan Chase (NYSE: JPM) surged $3.13 to $30.56 to join the rally.

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