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

Jan. 19, 2012 7:25 AM ETBank of America Corporation (BAC) StockBACBy: Stephen Alpher, SA News Editor3 Comments
More on Bank of America (NYSE: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.

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