07-21-2008, 07:09 AM
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Outside looking in.
Industry Role:
Join Date: Feb 2005
Location: To Hell You Ride
Posts: 14,243
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Bank of America Net Income Drops 41%
But shares are up 12%
Quote:
Bank of America Corp., joining the ranks of other U.S. banking giants, posted a decline in second-quarter profit that nonetheless topped Wall Street estimates, and investors lifted its shares 12%, to $30.92.
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http://www.marketwatch.com/news/stor...=TQP_Mod_mktwN
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