Wells Fargo (NYSE: WFC) posted a $2.83 billion fourth quarter loss while keeping its dividend payment intact. To the relief of investors, the banking giant also maintained assumptions about risks associated with its recent acquisition of Wachovia. The stock price leaped $4.15 to $20.34.
Wells Fargo Posts Loss But Dividend Payment Intact
January 28, 2009 at 12:14 PM EST
