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Tag Archives: income

Bank of America misses estimates as income falls 39 percent

NEW YORK — Bank of America Corp.’s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a claim over faulty mortgage investments and set aside less money to ...

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Daily Record parent reports increased 3Q earnings, raises guidance

The Dolan Company boosted its revenue guidance for the year and reported $9 million in profit for the third quarter, largely due to strong performance from its subsidiaries that provide legal services. Minneapolis-based Dolan, parent company of The Daily Record, ...

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Economy offers mixed picture day before election

WASHINGTON — A mixed picture of the economy emerged one day before key midterm elections that have focused on the nation’s financial health. Spending by Americans slowed in September and their incomes fell for the first time in more than ...

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