BofA Profit Tumbles 43% on $4B Litigation Costs

July 16 (Bloomberg) -- Bloomberg’s Erik Schatzker reviews second-quarter results from Bank of America as profit fell 43 percent on $4 billion of spending on litigation costs. He speaks on “In The Loop.”
Equity Valuations Lofty, Earnings Lousy: Morganlander
28:40 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
  • `Time Is of the Essence' for Greece to Reach Deal: Lew
  • A Penthouse Perspective on NYC Real Estate
  • Will the Comcast-Time Warner Cable Merger Ever Happen?