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Bank of America joins weak Wall Street earnings parade


Wall Street’s year of low expectations continued on Monday. Bank of America shares were up 3.8 percent in midday trading on Monday after Brian Moynihan’s bank beat analyst’s expectations, even as the second largest US bank reported a steep slide in profits during the second quarter. BofA reported profits of $4.23 billion, or 36 cents...
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Source: New York Post


17:55, July 18, 2016 Kevin Dugan

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