Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
07-19-2011, 02:05 PM #1
Bank of America posts $8.8 BILLION loss; adjusted net up
Bank of America posts loss; adjusted net up
NEW YORK (MarketWatch) -- Bank of America Corp.,the Charlotte, N.C., banking firm, reported a second-quarter net loss of $8.8 billion, or 90 cents a share, against net income of $3.1 billion, or 27 cents, in the year-earlier period. Adjusted net income was 33 cents a share against 27 cents. A survey of analysts by FactSet Research produced a consensus estimate for the quarter of a loss of 85 cents. Bank of America said the results reflected its effort to resolve nearly all the legacy repurchase exposure of Countrywide as well as other mortgage-related costs. Credit costs dropped, sales-and-trading revenue improved and fees from asset management and investment banking climbed, the firm said.
http://www.marketwatch.com/Story/Story/?guid={EF470A3F-CCA1-4433-A609-B43A6CBBB427}NO AMNESTY
Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.
Sign in and post comments here.
Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn
POLL: Americans Still Believe Immigration Is The Most Important...
05-05-2024, 08:50 AM in illegal immigration News Stories & Reports