Financial Services
BofA's Lewis Calls Peak in Credit Losses
Stock quotes in this article:BAC
Wells Fargo (WFC), another big player in consumer credit, will report its third-quarter numbers on Wednesday.
BofA shares were down 5% to $17.19 in mid-morning action after the nation's largest bank reported a $2.2 billion loss for the third quarter, reflecting higher credit costs and the weight of preferred dividend payments. Volume was already at more than 115 million less than an hour into the trading session. The issue's three-month average volume is 237.6 million. -- Written by Lauren Tara LaCapra in New York.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
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101.78
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10.02 |
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0.44 |
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SPDR Gold
151.62
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-0.21%
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-0.35%
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-2.71%
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