After falling in premarket trading, Bank of America's (BAC, Fortune 500) shares rose 4% in morning trading. The company's stock has dropped 55% so far this year.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Tuesday, October 18, 2011
Bank of America Reports $6.2 Billion Profit
NEW YORK (CNNMoney) -- In a particularly opaque third quarter earnings release, Bank of America managed to eke out a 6% jump in third-quarter earnings, reversing a year-earlier loss.
After falling in premarket trading, Bank of America's (BAC, Fortune 500) shares rose 4% in morning trading. The company's stock has dropped 55% so far this year.
After falling in premarket trading, Bank of America's (BAC, Fortune 500) shares rose 4% in morning trading. The company's stock has dropped 55% so far this year.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment