Company News: Bank of America (BAC) reported better than expected earnings

Market news

15 July 2015

Company News: Bank of America (BAC) reported better than expected earnings

Company reported Q2 profit of $0.45 per share versus $0.36 consensus. Revenues rose 1.8% year/year to $22.34 bln versus $21.72 bln consensus.

BAC reported Q2 net income of $5.3 billion compared to $2.3 billion in the year-ago period.

BAC rose to $17.63 (+2.92%). on the premarket.

Bank of Japan Governor Haruhiko Kuroda: inflation in Japan will reach 2% target by next year

U.S.: PPI excluding food and energy, m/m, June 0.3% (forecast 0.1%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.