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Posted on: Sunday, April 25, 2010 at 1:16 pm
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Bank of America Posts a Profit
April
25th
Admin
Bank of America Turns $3.2 Billion Profit in Q1
Posting back-to-back losses in the third and fourth quarters of 2009, the second half of last year was, to say the least, rough for Bank of America. But a new year marks new beginnings, and things seem to be turning around for the nation’s biggest bank. According to the company’s earnings report released Friday, Bank of America earned $3.2 billion in the first quarter of 2010. That’s a huge improvement compared to the net loss of $194 million reported in the fourth quarter of 2009.
Read more at DSNews.com
Posted on: Sunday, April 25, 2010 at 1:16 pm General Real Estate, Las Vegas Real Estate, Mortgage News, las vegas mortgage. You can follow any responses to this entry through the RSS 2.0 feed.
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