Monday 02, November 2009 by

Bank of America announces third-quarter net loss of $1 billion

Bank of America has reported a third-quarter 2009 net loss of $1 billion. After deducting preferred dividends of $1.2 billion, including $893 million related to dividends paid to the U.S. government, the diluted loss per share was $0.26.

Features & Analyses

Technology Lighting up off-grid

By supplying personal solar energy systems through mobile operator partnership, Lumos is striving to reach tens of thousands of Nigerians… read more