The nation's biggest bank is still digging itself out from under the mortgage crisis. Bank of America reported a fourth-quarter loss of $1.2 billion.
Total losses for last year amounted to more than $2 billion.
fourth quarterBank Of America Reports $1.2 Billion Quarterly LossNPR Programs: Morning Edition Fri, 01/21/2011 - 1:12pm
Banks Report Sharp Drop In EarningsNPR Programs: Morning Edition Wed, 01/19/2011 - 3:17pm
Goldman Sachs' stock fell 2.6 percent after the bank reported 53 percent lower earnings in the fourth quarter. Wal-Mart's U.S Sales Appear SoftNPR Programs: Morning Edition Thu, 02/18/2010 - 8:43am
The world's largest retailer said its fourth-quarter profits rose 22 percent. Sales for U.S. stores, however, fell nearly 2 percent. |
