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July 15 (Bloomberg) — Wachovia Corp. fell 7.7 percent after saying it’s “a fundamentally strong and stable company on solid footing.”
Wachovia has $150 billion in liquidity, spokeswoman Christy Phillips Brown said today in an e-mailed statement. The bank attracted $800 million in deposits yesterday and remains well capitalized with more than $50 billion in [...]

WASHINGTON (AFP) — Wachovia, a major US banking group, has warned investors it could post a second quarter loss as large as 2.8 billion dollars as loan and property-related losses continue to roil its finances.
The Charlotte, North Carolina-based, bank is due to announce its second quarter earnings on July 22. It warned of swelling losses [...]

Major gauges end a choppy session in bear market territory as a last-hour recovery attempt fizzles out amid financial market worries.
By Ben Rooney and Alexandra Twin, CNNMoney.com staff writers
Last Updated: July 7, 2008: 5:56 PM EDT
NEW YORK (CNNMoney.com) — Stocks slipped Monday, with the S&P ending just a hair above the bear market levels that [...]