BAC shares slide 5% premarket on earnings report
Bank of America Corporation today reported net income of $6.2 billion, or $0.56 per diluted share, for the third quarter of 2011, compared with a net loss of $7.3 billion, or $0.77 per diluted share, in the year-ago period. Revenue, … Continue reading
German stock index enters bear market
Germany, the largest economy in Europe and fourth largest in the world, could be providing a bad omen of sorts today. Their stock market, the Dax Composite has now declined from its May highs 20%. A 20% decline from highs … Continue reading