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Bank of America Profit Rises 3% as Earnings Top Expectations
Bank of America’s net income for the second quarter increased 3% from a year ago to $7.1 billion, the bank said Wednesday. Earnings per share were 89 cents, topping analysts’ estimates for 86 cents, according to estimates compiled by FactSet.
Shares of some of the largest U.S. financial-services companies — Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley — were trading lower on Wednesday morning despite posting ...
Bank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to ...
Economic uncertainty remains a hot topic as consumers navigate rising costs, shifting wages and policy changes.
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence ...
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Bank of America cracks down on a disturbing workplace trend - MSNBank of America further cracks down on overwork Now, it appears that Bank of America is taking further steps to tackle overwork in its workplace culture.
Bank of America recently reported better-than-expected first-quarter earnings, beating analyst estimates. Its profit jumped 11% to $7.4 billion, or 90 cents per share, from $6.7 billion, or 76 ...
Many investors remember recent bank crises, which makes them nervous when thinking about a recession. Banks are much better prepared for an economic disaster than they were 15 years ago. They have ...
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