SunTrust Banks narrows loss
Atlanta's SunTrust Banks said it narrowed its first-quarter loss to $229 million, or 46 cents a share, from $875 million, or $2.49 a share, after not repeating the prior year period's goodwill charge.
Bank of America Corp. swung to a fourth-quarter loss as credit-loss provisions nearly tripled, while the company showed why it needed further help from the federal government by saying Merrill's preliminary loss was $15.31 billion.