BofA posts 2nd-quarter profit of $2.4 billion, beating Street, in sign banks may be recovering .http://http://us.rd.yahoo.com/finance/news/rss/story;_

of America said Friday its earnings after payment of preferred dividends were down at 33 cents per share compared with a profit of $3.22 billion, or 72 cents per share, a year earlier. The earnings beat the forecasts of analysts surveyed by Thomson Reuters, who forecast Bank of America would earn 28 cents per share.
Revenue rose to $32.77 billion, slightly below analysts' forecast of $33.1 billion http://us.rd.yahoo.com/finance/news/rss/story;_ylc=X3oDMTI1dWE4aGJsBFJfYWlkAwRSX2RtbgN5YWhvby5jb20EUl9maWQDNTdhYTAxNTA5NGQxMDIzOGZiNjlmZTllMzNjNDMyOTQEUl9sdHADMQ--/*http://us.rd.yahoo.com/finance/news/topfinstories/*http://biz.yahoo.com/ap/090717/us_earns_bank_of_america.html