[ad_1] Wells Fargo (NYSE:WFC) reported excellent earnings on Oct. 14 for its quarter ending Sept. 30. Net income rose 59.2% over last year. But more importantly, the bank stepped up its share buyback program. It repurchased $5.3 billion of WFC stock during the third quarter. Source: Martina Badini / Shutterstock.com This was significantly higher than
Buybacks
[ad_1] The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offer a better understanding of an important issue in the news. This week, the financial journalist Roger Lowenstein weighs in on a plan by Senate Democrats to tax stock buybacks. If you don’t already receive the daily