Good Numbers, Bank of America
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The nation's third-largest bank posts a 31% rise in 2004 earnings.
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Barclays Plc , Britain's third-biggest bank, raised its 2007 write-down on the value of risky assets to 1.6 billion pounds ($3.1 billion) but reported profits broadly in line with analysts' expectations.
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Nearly a year after agreeing to buy  FleetBoston Financial Corp., Bank of America Corp. BAC.N has  found it still has a lot of explaining to do in New England.
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NEW YORK (CBS.MW) -- Bank of America Monday upgraded Wal-Mart, citing valuation and its belief that higher energy costs have no negative surprise factor for the retailing behemoth.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday quarterly profit rose 5 percent, topping analyst estimates, as gains from private equity and investment banking offset lower retail banking earnings and worsening loan quality.
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Bank of America Corp. (BAC.N: Quote, Profile, Research) , the No. 3 US bank, on Thursday said third-quarter profit rose 29 percent, helped by its purchase of FleetBoston Financial Corp.
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Bank of America Corp. met Wall Street&#146;s earnings expectations for the fourth quarter even as it continued to mesh its business with that of FleetBoston, the company said.
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IBM announced strong second-quarter results today, with good news for both its Americas and services businesses, which previously had underperformed.
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Like introductory credit card rates and superior customer service, some promises just aren&#39;t built to last. And so it is that Bank of America - mere months after its pledge to preserve
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Profits at US investment bank Goldman Sachs are better than expected, despite slow summer business.
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Wall Street stocks rallied on Thursday after Federal Reserve chairman Ben Bernanke raised expectations of further interest rate cuts and on reports Bank of America (NYSE:BAC) is close to buying Countrywide Financial (NYSE:CFC).
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U.S. stocks climbed on Tuesday,  boosted by financial stocks after several banks, including Bank  of America Corp. BAC.N, posted higher fourth-quarter profits.
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Bank of America Corp. and other large U.S. banks on Thursday reported higher quarterly profits, as rising fees offset deteriorating credit quality.
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Bank of America Corp. unveiled a new check design yesterday with the logo of the New England Patriots, its first step to put into its banking practice the concepts of ``affinity marketing" pioneered by credit card issuer MBNA Corp. before it was purchased by the Charlotte, N.C., bank earlier this year for $35 billion.
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Nearly a year after agreeing to buy FleetBoston Financial Corp., Bank of America Corp. has found it still has a lot of explaining to do in New England.
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There's a dent in the number that sets it apart from its peers.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday that second-quarter profit rose 5 percent as growth in capital markets activity and consumer fees offset an increase in credit losses.