News Topic - Bank of America
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Bank of America beats estimates, but profit falls 41%
Bank of America says its second-quarter profit fell 41%, as credit quality continued to weaken. But it easily beat Wall Street ...
USA Today – Jul 21, 2008 12:06 PM [GMT] ¦ comment?
found in Business
Bank of America says its second-quarter profit fell 41%, as credit quality continued to weaken. But it easily beat Wall Street ...
USA Today – Jul 21, 2008 12:06 PM [GMT] ¦ comment?
found in Business
Bank of America's quarterly net falls 41%, still tops target
Bank of America Corp., joining the ranks of other U.S. banking giants, posts a lower second-quarter profit that nonethelesss tops analysts' average estimate.
MarketWatch.com – Jul 21, 2008 11:59 AM [GMT] ¦ comment?
found in Business
Bank of America Corp., joining the ranks of other U.S. banking giants, posts a lower second-quarter profit that nonethelesss tops analysts' average estimate.
MarketWatch.com – Jul 21, 2008 11:59 AM [GMT] ¦ comment?
found in Business
Profit falls at Bank of America
The US's largest retail bank, Bank of America, reports its fourth quarterly profit decline in a row.
BBC News – Jul 21, 2008 11:47 AM [GMT] ¦ comment?
found in Business
The US's largest retail bank, Bank of America, reports its fourth quarterly profit decline in a row.
BBC News – Jul 21, 2008 11:47 AM [GMT] ¦ comment?
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Bank Of America Earnings Beat Wall Street Estimates, Still Down
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WSOCTV.com – Jul 21, 2008 11:37 AM [GMT] ¦ comment?
found in Local: North Carolina: Charlotte
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WSOCTV.com – Jul 21, 2008 11:37 AM [GMT] ¦ comment?
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Bank of America Earns $3.41 Billion or $0.72 Per Share in Second Quarter
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PR Newswire – Jul 21, 2008 11:37 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
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PR Newswire – Jul 21, 2008 11:37 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
Bank of America's Net Slides
Bank of America posted a 41% decrease in second-quarter net income, as the largest U.S. retail bank became the latest big bank to post results above analysts' expectations, pushing its shares higher in premarket trading.
Wall Street Journal – Jul 21, 2008 11:33 AM [GMT] ¦ comment?
found in Business: Markets
Bank of America posted a 41% decrease in second-quarter net income, as the largest U.S. retail bank became the latest big bank to post results above analysts' expectations, pushing its shares higher in premarket trading.
Wall Street Journal – Jul 21, 2008 11:33 AM [GMT] ¦ comment?
found in Business: Markets
Bank of America profit falls 41%
While profit fell for a fourth straight quarter, results topped analyst forecasts, making Bank of America the latest big U.S. bank to exceed estimates.
International Herald Tribune – Jul 21, 2008 11:29 AM [GMT] ¦ comment?
found in Business
While profit fell for a fourth straight quarter, results topped analyst forecasts, making Bank of America the latest big U.S. bank to exceed estimates.
International Herald Tribune – Jul 21, 2008 11:29 AM [GMT] ¦ comment?
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Bank of America net drops 41%, but tops Wall St. view
LONDON (MarketWatch) -- Bank of America joined banking peers in reporting declining profits but topping Wall Street estimates, saying second-quarter net income fell 41% to $3.41 billion, or 72 cents a share. Second-quarter net income included pretax merger and restructuring costs of $212 million. Provision charges rose to $5.83 billion from $4 billion, while revenue rose 3% to $20.32 billion on expanded net interest yield, loan growth and higher income from service charges, mortgage banking and investment and brokerage services. Analysts polled by FactSet Research expected earnings of 59 cents a share. Countrywide, whose results weren't reflected in the second-quarter report, had a second-quarter net loss of $2.33 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 11:26 AM [GMT] ¦ comment?
found in Business: Markets
LONDON (MarketWatch) -- Bank of America joined banking peers in reporting declining profits but topping Wall Street estimates, saying second-quarter net income fell 41% to $3.41 billion, or 72 cents a share. Second-quarter net income included pretax merger and restructuring costs of $212 million. Provision charges rose to $5.83 billion from $4 billion, while revenue rose 3% to $20.32 billion on expanded net interest yield, loan growth and higher income from service charges, mortgage banking and investment and brokerage services. Analysts polled by FactSet Research expected earnings of 59 cents a share. Countrywide, whose results weren't reflected in the second-quarter report, had a second-quarter net loss of $2.33 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 21, 2008 11:26 AM [GMT] ¦ comment?
found in Business: Markets
Bank of America profit tops expectations
Earnings drop 41 per cent on increase in bad debts
The Globe and Mail – Jul 21, 2008 11:26 AM [GMT] ¦ comment?
found in Top Stories
Earnings drop 41 per cent on increase in bad debts
The Globe and Mail – Jul 21, 2008 11:26 AM [GMT] ¦ comment?
found in Top Stories
Bank of America profit falls 41 percent in 2nd qtr, cites weak credit quality; beats estimates
CHARLOTTE, N.C. (AP) _ Bank of America says its second-quarter profit fell 41 percent, as credit quality continued to weaken. But it easily beat Wall Street estimates, and shares are up sharply in premarket trading.
Newsday.com – Jul 21, 2008 11:21 AM [GMT] ¦ comment?
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CHARLOTTE, N.C. (AP) _ Bank of America says its second-quarter profit fell 41 percent, as credit quality continued to weaken. But it easily beat Wall Street estimates, and shares are up sharply in premarket trading.
Newsday.com – Jul 21, 2008 11:21 AM [GMT] ¦ comment?
found in Business