Wells Fargo profit in 1Q13 grew to a record 5.17 mld.USD and exceeded market expectations
The management company proposes dividend increase from 25 to 30 cents and promises significant share repurchases.
Shares of banks responding to the report slightly negative. Since the beginning of the title has strengthened by 9.7% and thus slightly behind the average growth of the sector to 11%. Recent awards corresponds to about 1.8 times the current value of the assets, which exceeds the sector average of 1.5 times.
Last news from the section World markets:
10.04.2017 Platformy pro binární opce
Jonáš Mlýnek, LYNX
Jakub Petruška, Zlaťáky.cz
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Patrik Hudec, GENERALI
Zdeněk Ďuriš, EKKA-Gold
Ing. Pavel Hruška, SGG.cz
Libor Stoklásek, STOX.CZ