Bank of America (BAC) Stock Jumps on Improved Earnings

Bonds Emerging Markets Markets
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Bank of America (NYSE: BAC) stock is up 6.3% in
pre-market trading this morning after the bank reported earnings of $2
billion, or 15 cents a share, in the fourth quarter. That was a vast
improvement from the same quarter a year ago, when the Charlotte, North
Carolina-based bank lost money to the tune of 16 cents a share.

Bank of America turned a profit in part by reducing its debt. The bank

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