Global Market Reports

US newspaper round-up: BofA, Ducati, Ford...

Date: Thursday 19 Apr 2012

Bank of America Corp's first-quarter profit slumped 68%, beating analysts' estimates, but taking a hit as hefty debt-related charges skewed results from the banking giant. The bank reported a profit of $653m, compared with a year-earlier profit of $2.05bn. Per-share earnings, which reflect the payment of preferred dividends, fell to three...

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