US Earnings News

If you invest in the US Markets you might find this information Resourceful.

Bank Of America the nations number two bank by market share said reported a second quarter profit of 5 percent. The No. 2 U.S. bank by assets said net income rose to $1.28 a share, beating analysts' estimates of $1.20 a share, according to Thomson Financial.

Motorola reported a loss for the second quarter of 2007, the loss was blamed on the company's lack of ability to produce new phones in the competitive phone market. The company reported a loss of about 2 cents per share.