Wachovia Corporation

Fitch: Wells Fargo Cements National Franchise with Wachovia Buy; IDR Affirmed at 'AA' [Press Release]
Business Wire | 6 days 19 hours 9 minutes ago
Wells Fargo & Company (WFC) has effectively doubled its franchise through the acquisition of Wachovia Corporation (Wachovia) completed late on Dec. 31, 2008, according to Fitch Ratings, which has affirmed WFC's Issuer Default Rating (IDR) at 'AA'. The transaction transforms WFC from a prominent western U.S. banking company to a dominant, national banking company with strong deposit market share and meaningful household penetration throughout its 39-state footprint. Fitch has also upgraded rat...

Wachovia Announces Settlement of North Carolina Lawsuit Challenging the Wells Fargo Merger [Press Release]
PRNewswire | 22 days 8 hours 20 minutes ago
CHARLOTTE, N.C., Dec. 17 /PRNewswire-FirstCall/ -- Wachovia Corporation announced today the settlement of the purported class action lawsuit filed in North Carolina challenging the proposed merger of Wells Fargo and Wachovia.

Wachovia Announces Shareholder Approval of Wells Fargo Merger [Press Release]
PRNewswire | 16 days 9 hours 9 minutes ago
CHARLOTTE, N.C., Dec. 23 /PRNewswire-FirstCall/ -- Wachovia Corporation

Wells Fargo and Wachovia Merger Completed [Press Release]
Business Wire | 8 days 4 hours 20 minutes ago
Wells Fargo & Company (NYSE:WFC) said today it has completed its merger with Wachovia Corporation, effective December 31, 2008, creating North America’s most extensive distribution system for financial services with 11,000 stores, 12,260 ATMs, wellsfargo.com and Wells Fargo PhoneBankSM. Beginning today, Wells Fargo and Wachovia customers have free use of all of the company’s combined ATMs.

North Carolina Judge Rules in Favor of Wells Fargo and Wachovia on Voting Preferred Shares [Press Release]
Business Wire | 29 days 8 hours 15 minutes ago
On December 5, 2008, a North Carolina Business Court judge ruled in favor of Wachovia Corporation (NYSE:WB) and Wells Fargo & Company (NYSE:WFC) in a case brought to enjoin Wells Fargo from voting shares of voting preferred stock issued to Wells Fargo by Wachovia. The shares were issued to Wells Fargo on October 20, 2008 pursuant to a share exchange agreement entered in connection with the merger agreement between Wells Fargo and Wachovia and gave Wells Fargo 39.9% of the voting power of Wach...

TD AMERITRADE Names Peter Sidebottom EVP of Product & Marketing [Press Release]
Business Wire | 2 days 19 hours 52 minutes ago
TD AMERITRADE Holding Corporation (NASDAQ: AMTD) today named Peter Sidebottom the Company’s new executive vice president of product and marketing. He will join TD AMERITRADE on Feb. 17, 2009, and will be responsible for the Company’s product strategy and marketing, as well as its overall client experience.

/SECOND AND FINAL ADD -- CLW004 -- Wachovia Corporation/ [Press Release]
PRNewswire | 78 days 21 hours 50 minutes ago
PAGE 17 WACHOVIA CORPORATION AND SUBSIDIARIES LOANS - ON-BALANCE SHEET, AND MANAGED AND SERVICING PORTFOLIOS (Unaudited) 2008 Third Second First (In millions) Quarter Quarter Quarter ON-BALANCE SHEET LOAN PORTFOLIO COMMERCIAL Commercial, financial and agricultural $128,411 1...

/FIRST ADD -- CLW004 -- Wachovia Corporation/ [Press Release]
PRNewswire | 78 days 21 hours 51 minutes ago
PAGE 10 WACHOVIA CORPORATION AND SUBSIDIARIES FINANCIAL TABLES TABLE OF CONTENTS PAGE Financial Highlights - Five Quarters Ended September 30, 2008 11 Other Financial Data - Five Quarters Ended September 30, 2008 12 Consolidated Statements of Income - Five Quarters Ended September 30, 2008 13 Consolidated Statements of Income - Nine Months Ended September 30, 2008 ...

Wells Fargo Fourth Quarter Earnings Information [Press Release]
Business Wire | 1 day 10 hours 49 minutes ago
Wells Fargo & Company (NYSE:WFC) is scheduled to announce its fourth quarter 2008 earnings Wednesday, January 28, 2009, at 5 a.m. PST (8 a.m. EST). The news release will be available at wellsfargo.com/invest_relations/earnings

Wells Fargo Board Elects Four Members from Wachovia [Press Release]
Business Wire | 16 days 14 hours 59 minutes ago
Wells Fargo & Company’s (NYSE:WFC) Board of Directors said today it has elected four members of Wachovia Corporation’s Board to the Company’s Board of Directors. The elections will be effective January 1, 2009, subject to the closing of Wells Fargo’s merger with Wachovia which is expected to be completed by the end of this month.

Fitch Updates Wachovia Bank's Resi Servicer Ratings; Remains on Rating Watch Evolving [Press Release]
Business Wire | 35 days 12 hours 10 minutes ago
Fitch Ratings takes the following actions on Wachovia Bank, N.A.'s (Wachovia Bank) U.S. residential servicer ratings:

Wachovia Notice Regarding Wells Fargo Transaction [Press Release]
PRNewswire | 90 days 11 hours 52 minutes ago
CHARLOTTE, N.C., Oct. 10 /PRNewswire-FirstCall/ -- As announced on October 3, 2008, Wachovia Corporation

Wachovia Corporation Lowers Prime Rate [Press Release]
PRNewswire | 23 days 6 hours 15 minutes ago
CHARLOTTE, N.C., Dec. 16 /PRNewswire-FirstCall/ -- Effective today, Wachovia Corporation

Wachovia Reports 3rd Quarter Loss of $4.8 Billion Excluding $18.7 Billion of Noncash Goodwill Impairment and $414 Million Net Merger-Related Expense; Results Reflect Pre-tax $4.8 Billion Credit Reserve Build [Press Release]
PRNewswire | 78 days 21 hours 50 minutes ago
CHARLOTTE, N.C., Oct. 22 /PRNewswire-FirstCall/ -- Third Quarter 2008 Compared With Third Quarter 2007: -- Net loss of $23.9 billion includes the following on a pre-tax basis: $18.8 billion of goodwill impairment; $4.8 billion credit reserve build to a 3.24 percent reserve-to-loan ratio; $2.5 billion of market disruption losses including $1.2 billion of securities impairments; $310 million principal investing loss -- Results also reflect costs re...

Frontier Communications Corporation and Ronald A. Katz Technology Licensing, L.P. Settle Patent Lawsuit and Enter into License Agreement [Press Release]
Business Wire | 10 days 21 hours 22 minutes ago
Frontier Communications Corporation (NYSE:FTR) and Ronald A. Katz Technology Licensing, L.P., headquartered in Los Angeles, announced today the settlement of patent litigation between the parties. As part of the settlement, Frontier Communications Corporation has agreed to pay an undisclosed sum for a nonexclusive license under a comprehensive portfolio of patents that Katz owns relating to interactive voice applications.