Bank Of America Reports Profits Of $3.2 Billion
Fri, 04/16/2010 - 09:39
Bank of America has reported profits of $3.2 billion during the latest quarter.
"With each day that passes, the 2010 story appears to be one of continuing credit recovery, and our results reflect a gradually improving economy," Bank of America CEO Brian Moynihan said in a statement.
Earnings in BofA's investment banking business more than doubled from the fourth quarter of last year, as fixed income, currency and commodity trading revenues enjoyed a sharp rebound.
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$19.3 Billion Profit Is A 57% Drop For Exxon Mobil
Tue, 02/02/2010 - 08:10
Exxon Mobil posted a $19.3 billion profit in 2009, an imposing figure in corporate America but down 57 percent from the all-time record the company set during the previous year's roller coaster in prices, according to the Washington Post.
The profit report on Monday coincided with the release of President Obama' ...
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