Market News: Wells Fargo (NYSE:WFC), AT&T Inc. (NYSE:T), Wal-Mart Stores Inc. (NYSE:WMT)

Here are some more breaking stock news briefs which could see some changes on the markets later. The following companies should see some movement: Wells Fargo (NYSE:WFC), AT&T Inc. (NYSE:T), Wal-Mart Stores Inc. (NYSE:WMT). Here is a more detailed look at the news that will affect each company when trading continues. Wells Fargo (NYSE:WFC) Wells Fargo (NYSE:WFC) has said that it has generated record net income. Wells Fargo & Company (NYSE:WFC) has reported that it gained a record income in third quarter earnings when compared with second quarter earnings. In the second quarter diluted earnings per common share was $0.56 but in the third quarter, it was $0.60. The net incomes were $3.06 billion and $3.24 billion respectively. Chairman and CEO John Stumpf said "Record earnings in the third quarter reflect the success of the Wachovia merger and the benefits of Wells Fargo's steady commitment to our core business of helping customers succeed financially". AT&T Inc. (NYSE:T) A new health unit is being developed by AT&T (NYSE:T). The unit is named as AT&T (NYSE:T) for Health. The company is expecting sales of around $4 billion in a year, with health care IT services spending nationally set around $33.9 billion this year and the company expecting a growth rate of 24 percent over the next four years. Randall Porter, AT&T (NYSE:T)'s assistant vice president of health care solutions said “By really focusing on these new services, new technologies in health care, partnering with health care-specific service providers and app providers, we think we have the opportunity to bring new innovative products to the market.” Wal-Mart Stores Inc. (NYSE:WMT) A guide to Christmas toys has been launched by Wal-Mart Stores Inc. (NYSE:WMT). Wal-Mart Stores Inc. (NYSE:WMT) has unveiled their new Christmas toys guide that will help parents to find the best toys for their kids during Christmas. In addition, it will help parents know the going market rate for the toys. Laura Phillips, the Senior Vice President of toys and seasonal merchandising at Wal-mart said, "We understand toys are at the top of every kid's wishlist, but knowing which toys to trust and choose can be challenging for parents. Our Top Toys list and the helpful tools we've introduced this year make it easier than ever to find this season's best toys at unbeatable prices." We may see more movement when trading continues for Wells Fargo (NYSE:WFC), AT&T Inc. (NYSE:T) and Wal-Mart Stores Inc. (NYSE:WMT).
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