Wells/Wachovia: Cautiously optimistic

In case you missed it, Wells Fargo reported yesterday that it made $3 billion in the first quarter of this year. That took analysts by surprise, and its stock, as well as almost every other stock, has been soaring as a result. Good times! Wall Street insiders, however, remain cautiously optimistic, according to this WSJ blog post.

Also, Shop Talk's got the goods on the weekend ahead.