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Wells Fargo’s profit nearly doubles in the third quarter

October 21, 2009 – 1:45 pm – No Comment
Wells Fargo’s profit nearly doubles in the third quarter

Wells Fargo reported a 98% increase in its third quarter earnings. This is even with a increase in credit losses.
The numbers came out to a $2.6 billion third quarter profit, which is up from $1.6 billion in the same quarter last year. It totaled out …

GM to cut marketing budget by $800 million in 2009

February 26, 2009 – 11:32 am – No Comment

GM has plans to slash the current marketing budget by $800 million this year. Hopefully, this will mean the end of seeing GM ads one after the other on TV between 5 and 7 at night.
Of course GM has to slash its marketing budget, with …