wells fargo  co shares fell 35 in premarket trades friday after it said its secondquarter net income declined to 312 billion or 74 cents a share from 604 billion or 138 a share in the yearago quarter excluding an impairment of 8 cents a share for its venture capital business and other items earnings were 82 cents a share in the latest quarter secondquarter revenue dropped to 1702 billion from 2027 billion analysts expected wells fargo to earn 80 cents a share on revenue of 1748 billion according to factset estimates looking ahead our results should continue to benefit from the rising interest