Bank of America posts a loss of 1 cents a share vs. 9 cents estimate
October 15, 2014 at 07:01 AM EDT
Analysts had expected Bank of America to report a loss of about 9 cents per share on $21.36 billion in revenue, according to a consensus estimate from Thomson Reuters. What's Bank of America stock doing now? The charges primarily concerned subprime lending conducted by Merrill Lynch and Countrywide-both of which Bank of America acquired during the financial...