Bank of America CEO says Q4 to be “disappointing”

By Pete Southern in Uncategorized | December 12, 2007 15:00 |

NEW YORK (Reuters) – Bank of America Corp expects its fourth-quarter results to be “disappointing,” the company’s chief executive officer said on Wednesday, citing expected write-downs and lower trading revenue.

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NEW YORK (Reuters) – Stocks looked set to rebound on Wednesday, with index futures up sharply on news reports the Federal Reserve is actively considering measures to address liquidity shortages.

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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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