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Outlook roundup: Bank of America, GM

By Associated Press
May 13, 2008 | Comments (0)

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Among the earnings projection stories for Tuesday, May 13, from AP Financial News:

CHARLOTTE, N.C. (AP) _ Bank of America Corp., the nation's second-largest bank, reported rising credit costs Tuesday, as it continues to wade through a challenging economic cycle.

DETROIT (AP) _ Conceding that the U.S. auto industry is in a recession and high gas prices are changing which vehicles people buy, General Motors Corp. said Tuesday it is shifting its marketing to focus more on cars and less on trucks.

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