More on Bank of America (BAC): Net gain from one-time items (mostly the sale of China...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

More on Bank of America (BAC): Net gain from one-time items (mostly the sale of China Construction Bank) of $1.6B, or $0.12 share (earnings were $0.15/share). The company also released $0.07/share from loan-loss reserves, giving the lender a loss of roughly $0.04/share from core operations for the quarter. Shares +5% premarket.