Buffett Sees Value, Upgrades Stakes In Wells Fargo, US Bancorp

Story date: 2008-02-22 03:52:00
Added on: 2008-02-22 23:13:30

CNN Money - ... regional banks, have outperformed their competitors' recently and drawn the interest ... The gain gave Berkshire a 9.4% slice of Wells, which is the only top five U.S ... have largely avoided many of the exotic investment instruments and mortgage products ...


Read more...

Related Stories:

• Wells Fargo, other U.S. banks hurt by credit losses (Reuters via Yahoo! News)

  Wells Fargo & Co and other U.S. regional banks on Tuesday reported disappointing third-quarter results, hurt by loan losses that may...
  2007-10-16 01:28:21

• Wells Fargo, other banks hurt by credit losses (Reuters via Yahoo! News)

  Wells Fargo & Co and other U.S. regional banks on Tuesday reported disappointing third-quarter results, hurt by mounting losses from mortgages...
  2007-10-16 11:27:46

• Wells Fargo hurt by credit losses (AAP via Yahoo!7 News)

  Wells Fargo & Co and other US regional banks have reported disappointing third-quarter results, hurt by loan losses....
  2007-10-16 03:41:11

• FBR analyst downgrades Wells Fargo

  BusinessWeek - Wells Fargo has a $141 billion portfolio of mortgage loans, almost a third of them in California, a state hit...
  2008-01-15 09:49:00

• Mortgages Weigh on Regional Banks

  Street.Com - Large regional banks across the U.S. plunged on Thursday after reporting earnings hit by the ever-expanding mortgage industry deterioration. The...
  2008-01-17 10:01:00

• WRAPUP 1-Wells Fargo, other US banks hurt by credit losses

  Reuters - ... other U.S. regional banks on Tuesday reported disappointing third-quarter results, hurt by mounting losses from mortgages ... As...
  2007-10-16 03:07:00

• Wells Fargo Adds Williams as Claims Executive in West Region Insurance ... - Forbes

  Wells Fargo Insurance Services, Inc. announces the addition of Robert (Bob) Williams as senior vice president, regional claims manager for its west...
  2008-10-15 02:27:00

• Troubled waters for regional banks (CNN Money)

  Mortgage-related problems continued to hammer regional banks, according to a report released Wednesday....
  2008-09-03 04:45:53