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Wells Fargo Profits Flat, but Wealth Unit Jumps

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Wells Fargo  said Tuesday that its second-quarter net income declined slightly from last year and from the prior quarter to $5.72 billion. Earnings per share were $1.03, meeting estimates. Sales were $21.3 billion vs. $21.1 billion a year ago. “Wells Fargo’s second quarter results reflected continued strength in the fundamental…

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