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Bank of America Profit Falls 77 Pct



By Bryan Patrick
21 April 2008 @ 11:39 am EST



A Bank of America branch is shown in Charlotte, N.C., Monday, April 21, 2008. Bank of America says its profit fell 77 percent in the first quarter, hurt by write-downs and rising credit losses.
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BAC 31.14 -0.29

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Income included $776 million from the initial public offering of Visa Inc., the credit card network.

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