Wells Fargo Hits Record Profit on Mortgage Banking

Oct. 12 (Bloomberg) -- Bloomberg's Julie Hyman reports that Wells Fargo & Co. said third-quarter profit increased 22 percent as the cheapest interest rates in history spurred refinancing. Net income advanced to a record $4.94 billion, or 88 cents a share, beating analyst estimates of 87 cents. She speaks on Bloomberg Television's "In The Loop."
U.S. About Six Months From Full Employment: Alan Kruger
11:20 - Princeton University Professor Alan Krueger and Sarat Sethi, managing director at Douglas C. Lane, preview today’s monthly jobs report as analysts expect a gain of 235,000 jobs in February. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)
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