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Transcripts For BLOOMBERG In The Loop With Betty Liu 20140711

In talks about a possible takeover. Almosta market value of 23 billion. It is earning season. The first major bank to report is wells fargo. They just read Just Announced their results. Ending a streak of rising earningspershare. It was 1. 01. Another number we are keeping a close eye. 21. 1 billion in revenue for the quarter. That is higher than what analysts were looking for which 20in the neighborhood of billion. That is a number you want to keep an eye on. That revenue number to give you how American Companies are doing in the second quarter. In terms of cost cutting, efficiency ratio is something we are keeping a close eye on. His way of managing its expenses. Wells fargo did not do as well as they had planned. Annis were looking at an improvement. Basically one percentage point. There was no improvement. A number analysts will continue to look for. This is his most ....

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