Comerica swings to profit
Comerica Inc. said Wednesday that it swung to a second-quarter net profit attributable to shareholders of $69 million, or 39 cents a share, from a loss of $16 million, or 11 cents a share, a year earlier.
Bank of America said today it swung back into profit in the third quarter, following a series of losses, as it sold off non-core assets and built up its balance sheet.