Friday, July 17, 2009

News Alert: Bank of America Posts $2.42 Billion Profit on Trading Gains

Breaking News Alert
The New York Times
Friday, July 17, 2009 -- 7:33 AM ET
-----

Bank of America Posts $2.42 Billion Profit on Trading Gains

Bank of America reported a quarterly profit of $2.42 billion,
or 33 cents per share, beating Wall Street forecasts.

Like Goldman Sachs and JPMorgan Chase earlier this week, it
reported a handsome profit from its trading business. But the
company, one of the most troubled big banks, said that
"difficult challenges lie ahead."

Read More:
http://www.nytimes.com/?emc=na

-----
Now get the New York Times Breaking News to your mobile phone. Sign up
for the alerts by texting NEWSALERTS to 698698 (NYTNYT).
-----

About This E-Mail
You received this message because you are signed up to receive Breaking News
Alerts from NYTimes.com.

To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email

NYTimes.com
620 Eighth Ave.
New York, NY 10018

Copyright 2009 The New York Times Company

No comments:

Post a Comment