Ahead of its fourth-quarter results and investor day, software giant IBM (IBM) has a "favorable" set-up, investment firm Bank of America said. Read for more.
Bank turns in 'strong' fourth quarter, CEO says. Bankof America Corp.'s stock rose 2.9% in premarket trading on Thursday after the bank's fourth-quarter profit topped analyst estimates.
The bank, based in West Reading, Pennsylvania, said it had earnings of 71 cents per share. Earnings, adjusted for non-recurring costs, were $1.36 per share. The results beat Wall Street expectations.
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