Bank of America Quarterly Profit Rises 58%

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Bank of America Quarterly Profit Rises 58%
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Bank of America Corp. third-quarter profit rose 58%

The second-largest U.S. bank earned $7.69 billion, up from $4.88 billion a year earlier. Per-share earnings of 85 cents topped the 71 cents that analysts polled by FactSet had expected.

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