Posts Tagged ‘Morgan Stanley’

Bank of America sees profits drop

Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America Corp. saw its first-quarter profit drop to $653 million, compared to a profit of $2 billion for the same period last year. Earnings were 3 cents per share, down from 17 cent per share a year ago. The bank said [...]

Can’t Get A Bank Loan? Tips For Alternate Small Business Funding

photo credit: markhillary Already we are seeing the results of the demise of the mortgage market due to the sub prime debacle. Lending banks have severely tightened lending criteria as their asset bases erode and the financial sector comes under huge pressure. Wall street does not like to see 2.5 billion dollar write offs from [...]

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