The nation’s largest bank reported a third-quarter net loss of $7.3 billion due to a $10.4 billion goodwill charge. Excluding that, Bank of America’s adjusted net income of $3.1 billion trounced expectations.
Continue reading Bank of America Earnings: Large Loss on Special Charge
Bank of America Earnings: Large Loss on Special Charge originally appeared on DailyFinance on Tue, 19 Oct 2010 07:48:00.
Filed Under: Company News, Earnings, Bank of America, Stocks in the News