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Wells Fargo’s profit nearly doubles in the third quarter

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 …

Smith & Wesson Posted High 4th Quarter Totals

Smith & Wesson Posted High 4th Quarter Totals

Domestic firearms manufacturer Smith & Wesson reported a fiscal year ending high, above Wall Street expectations and 12 percent higher stock trading than forecast. 2009 Fourth quarter revenue (of a fiscal year that goes April to April) rose 20 percent to $99.5 million. Experts had …